The grace period for repayment is 3 days. Credit card holders of six banks, including China Bank, China Everbright Bank, Ping An Bank, Hankou Bank, Huaxia Bank and China Construction Bank, can apply for a free repayment delay of up to 3 days by telephone.

Establish a time-limited repayment mechanism. First, member units are required to provide "time-tolerant service" for cardholders and provide cardholders with a certain period of repayment grace period, which is at least 3 days from the due repayment date; If the cardholder repays within the repayment grace period, it is deemed that the cardholder repays on time.

Extended data

Consequences of overdue credit card:

Pay the overdue fine of the credit card. If the cardholder fails to repay before the due repayment date (inclusive) or the repayment amount is lower than the minimum repayment amount, he shall pay the agreed late payment fee to the issuing bank according to the contract.

Generate overdue interest. After users overdraw with credit cards, there is generally an interest-free repayment period ranging from more than 20 days to more than 50 days. If this period is exceeded, the corresponding overdue interest will be paid.

Affect personal credit information. Credit card overdue repayment records will enter the central bank's credit information system to generate bad credit records, which will not only affect future mortgage and car loans, but also affect travel and employment.

Criminal responsibility. Whoever constitutes the crime of credit card fraud shall be sentenced to fixed-term imprisonment of not more than five years or life imprisonment, fixed-term imprisonment of not less than five years or life imprisonment, and a fine of not less than 20,000 yuan but not more than 200,000 yuan, a fine of not less than 50,000 yuan but not more than 500,000 yuan or confiscation of property.

China News Network-Some banks take the lead in "accommodating time": small things bring great convenience.