The calculation methods of each bank are different. Some banks with fast credit are included in the current month.
For example, Shanghai Pudong Development Bank, and some banks whose accounts are relatively slow will be included in the next bill day, such as China Merchants Bank and Bank of Communications. All banks are not uniform. To be on the safe side, it is recommended that the payment be made on the day after the statement date to avoid overdue payment due to different banks.
For example: Bank of China’s settlement is from the 1st to the end of each month. For example, if the consumption is on November 1st, then the bill for this month will be issued on November 31st (bill date), then Repayment must be made before December 20 (repayment date).
Repayments before December 20 are interest-free. If not, interest and bad records will accrue. If the purchase is made on November 30, the repayment date is also December 20. And so on. As a reminder, the repayment date and billing date are different for each bank. The regulations of each bank are slightly different. The latest payment date is generally pushed back 20 or 24 days after the bill date.
Extended information:
1. The daily consumption of credit card statements can be recorded immediately. Current bills include:
Agricultural Bank of China, Bank of Shanghai, China CITIC Bank, and Hua Xia Bank , Postal Savings, China Construction Bank (consumption before 18:00), Shanghai Rural Commerce (consumption before 19:00), Shanghai Pudong Development Bank (consumption before 21:00), Minsheng Bank (consumption before 22:00), Bank of Beijing (22:00) 00);
2. The consumption on the credit card bill date will not be recorded on the same day, and the next bill will include:
China Everbright Bank, Bank of Communications, China Merchants Bank, Bank of China, Industrial and Commercial Bank of China, Ping An Bank, China Guangfa Bank (except Alipay Quick Payment).
In addition, the editor also recommends that all cardholders can call the specific bank to inquire to avoid damage to their rights and interests.
Baidu Encyclopedia ?——Billing Day