When using a credit card for consumption, what many cardholders like is its interest-free period, which is equivalent to lending you money in advance, and then you can just repay the principal without paying interest. This can avoid the embarrassment of borrowing money from an acquaintance. . However, different banks have different interest-free periods. Even with the same credit card, there may be different interest-free periods. So, how many days is the interest-free period for Huishang Bank’s credit card? What's the longest length? Let’s find out together below.

1. What is the interest-free period for Huishang Bank’s credit cards? Huishang Bank's credit card interest-free period refers to a supporting service for credit card consumption. That is to say, as long as you use a credit card to make purchases, you do not need to pay interest during the period between the credit card overdraft consumption recording date and the final repayment date. of. However, if you withdraw money in cash, you will not be able to enjoy the interest-free period. Except for the first time, if after enjoying the interest-free period, the repayment is based on the minimum repayment amount, then the unpaid portion will not be able to enjoy the interest-free period, and will be calculated based on the bank accounting date, with a daily rate of 10,000 The five-quarter interest rate is calculated as daily interest, and compound interest is calculated on a monthly basis. The interest is compounded, and the money to be repaid will become more and more.

2. How many days is the interest-free period for Huishang Bank’s credit cards? Huishang Bank officially only introduces that credit card overdraft consumption can enjoy an interest-free period of up to 56 days. However, the specific interest-free period that can be enjoyed must be calculated based on the consumption date, accounting date, and repayment date. For Huishang Bank credit cards, purchases made on the same day will be credited to the account the next day.

3. How to enjoy the longest interest-free period with Huishang Bank’s credit card? This requires mastering the card swiping skills. As mentioned earlier, Huishang Bank's credit card is credited to the account the next day after consumption on the same day, so to enjoy the longest interest-free period, it is best to make purchases on the day after the statement date. For example: Suppose your Huishang Bank statement date is the 22nd of each month, and the repayment date is the 10th of each month. Based on the monthly unbilling cycle, the consumption on the 23rd will not be billed until the 22nd of the next month, and then the next bill will be issued. If you repay before the end of the 10th of the month, you will have an interest-free period of up to 56 days.