It is an electronic information record of bank card transactions.

The bank will regularly summarize and settle the various transactions and expenses that occurred in your credit card account every month, calculate the interest, calculate the total amount of arrears and the minimum repayment amount of your current period, and provide You mail your statement. This date is your credit card statement date.

The billing date is the 3rd, and the final payment date is the 28th. If you swipe the card on June 21, it will be credited to the bill on July 3. You only need to repay it before July 28.

Extended information:

Main features of credit cards:

1. It is not encouraged to deposit cash in advance, consume first and repay later, enjoy the interest-free repayment period, and can be independent Repay in installments (with a minimum repayment amount), and join international credit card organizations such as VISA, Master Card, JCB, etc. for global use.

2. It is one of the fastest growing financial services today and is an electronic currency that can replace traditional cash circulation within a certain range.

3. It has both payment and credit functions. Cardholders can use it to purchase goods or enjoy services, and can also obtain certain loans from card issuers by using their credit cards.

Baidu Encyclopedia-Bank Card Management Measures