Credit cards have a fixed billing date every month. The final repayment date is 20 days after the billing date. Repay the bill amount in full before the final repayment date, and enjoy the interest-free period for consumption. If the payment is not repaid in full and on time, the consumption will not enjoy the interest-free period, and the bank will charge interest on the full amount at 50,000 per day from the date your consumption is recorded. As for which day you can enjoy the longest interest-free period for consumption, I can give you an example and you will understand.

Assuming your bill date is the 7th, then the 27th of each month is your final repayment date.

If you spend 1/6 and settle the account on 1/7, 1/27 is the final repayment date. You can enjoy a 21-day interest-free period.

If you spend 1/8 and settle the account on 2/7, and 2/27 is the final repayment day, you can enjoy a 50-day interest-free period.

This shows that consumption after the billing date can enjoy a longer interest-free period.

As for when to start counting, it should start from the date when your consumption is recorded. So when the consumption is recorded into the account, it actually depends on when the merchant collects the payment. The transaction will be recorded into the account after the merchant collects the payment. In fact, it is easy to understand when you buy things on Taobao. If you assume that 1/5 buys something, the transaction will be considered successful after the payment is successful. If Alipay requests payment from the bank on the same day, then the transaction will be recorded in the account on the same day. If Alipay requests payment from the bank the next day, then this The transaction is credited the next day. As long as it is credited, you will have to see how many days of interest-free period you can enjoy starting from this day. As for when Alipay will transfer the money to the seller, this is the relationship between Alipay and the merchant, and has nothing to do with the bank. The bank only records the money in your account after you spend it, it’s that simple.