If the credit card is not repaid on the repayment date, it is considered a repayment. As long as the repayment is made within the repayment date, it is not overdue, and the bank will deduct the amount on the repayment date.

The interest-free repayment period refers to the interest-free period for consumption transactions enjoyed by cardholders who repay in full on time. The interest-free period is from the bank accounting date to the final repayment date, the shortest 20 days, maximum 50 days. Overdraft cash withdrawal transactions do not enjoy the interest-free repayment period.

If the consumer fails to repay in full before the due payment date, the current bill issued will not enjoy the interest-free period. The bank will charge interest at a daily rate of 5/10,000 and compound interest on a monthly basis. The interest accrual date is from the accounting date to the repayment date, and the interest accrual principal is calculated based on the actual amount repayable.

If the consumer fails to repay before the due payment date or the repayment amount is less than the minimum repayment amount, the bank will not only charge interest according to regulations, but also charge the unpaid portion of the minimum repayment amount. 5. Charge late fees.

Required conditions for bank credit card application:

1. Mainland residents aged 18 to 65 years old;

2. Have a stable job and daily income. Monthly punch-in income;

3. Fill out the credit card application form and sign in the "Applicant's signature" area.

Information for bank credit card application:

1. Copy of ID document, proof of work, proof of income, etc.;

2. Provide bank deposit certificate, real estate certificate, Degree certificate, etc.;

3. If the registered permanent residence is in other places, overseas personnel apply for local jobs, and active military officers apply for credit cards in their own names, some card-issuing banks may require a temporary household registration issued by the local public security department or Certificate issued by relevant departments (including work certificate).