The length of interest-free repayment period first depends on the regulation of the issuing bank on the final repayment date, and then depends on the cardholder's consumption time, usually at least 20 days and at most 50 days. Interest-free repayment before the bill date.
If all the consumption amount is paid off on time within the interest-free repayment period according to the regulations of the bank, no interest will be charged. If the repayment exceeds the interest-free repayment period, interest of 0.5 ‰ will be charged every day from the date of consumption.
In addition, credit card consumption enjoys an interest-free repayment period, but overdraft withdrawal often has no interest-free period, so if it is a credit card withdrawal, interest will be generated from the withdrawal date.
Therefore, credit card consumption is not calculated according to one month, but according to the billing date and repayment date. The consumption amount before the bill date is included in the current bill and then repaid on the bill date. The date and time of the bill can be set by yourself.