The specific interest-free days of credit cards depend on how the bank's specific billing date and repayment date are set. The interest-free period starts from the bank bookkeeping date and ends on the repayment date.

At present, there are two ways for most banks to set up billing statements. One way is for the bank to designate a certain day of each month as the deadline for interest-free repayment, and the interest-free period is the date between the bank's billing date and the deadline, which is adopted by ICBC and Agricultural Bank of China. The other is that the cardholder chooses a billing date according to his own needs, and then sets the latest repayment date according to the billing date.

Credit card interest-free period

The interest-free period of a credit card refers to the date from the bank bookkeeping date to the due repayment date, which is generally 18-56 days. Take the longest interest-free period of 56 days for example. If the repayment period stipulated by the bank is 25th of next month, you can enjoy the longest interest-free repayment period of 56 days if you spend this month 1, and the repayment period is 55 days if you spend on 2nd of this month.