How many days is the grace period for Industrial Bank credit cards?
The grace period for repayment of Industrial Bank credit cards is 3 days. Credit card repayment grace period refers to a "time-tolerant" service provided by banks to cardholders. As long as the debt/bill is paid off within 3 days after the credit card payment date, it is not considered overdue and will not affect personal credit. It is best to call the bank customer service after repayment to confirm whether the deduction was successful.
On February 25, 2019, China Minsheng Investment Group held a creditors meeting in Shanghai, at which a creditors committee was established, with Industrial Bank serving as the vice chairman of the creditors committee.
On December 31, 2014, Suzhou Branch, a second-tier branch of Industrial Bank, was upgraded to a first-tier branch, becoming the bank’s 43rd first-tier branch.
On December 26, 2014, Industrial Bank won the "Best Financial Institution of the Year" in the selection of "2014 China Financial Institutions Gold Medal List·Golden Dragon Award" sponsored by the Financial Times and jointly organized by the Institute of Finance of the Chinese Academy of Social Sciences. "Best Green Finance Bank" award.
On December 23, 2014, it was established with Industrial Bank as the main investor and jointly funded by Quanzhou Commercial Corporation, Xtep (China) Co., Ltd., and Fucheng (China) Co., Ltd. *** Industrial Consumer Finance Co., Ltd. was established in Quanzhou, becoming the first domestic consumer finance company controlled by a joint-stock commercial bank.
On December 23, 2014, Industrial Bank won the "Best Bank Brand of the Year Award" and the "Best Personal Financial Product Award" in the NetEase "Golden Diamond Award" selection.
On December 21, 2014, Industrial Bank won the title of "Top Ten Legal Risk Management Companies in the Banking Industry in 2014" issued by Legal Daily and the Corporate Legal Management Research Center of China University of Political Science and Law.
On December 18, 2014, at the "2014 (Sixth) Outstanding Competitiveness Financial Institutions Selection and Award Ceremony" hosted by the "China Business News" recently, Industrial Bank won the "2014 Excellent Competition" "Strive to go abroad for financial services bank".
On December 13, 2014, Industrial Bank won the "Best Green Bank" and "Best Bank-to-Bank Cooperative Bank" awards in the 2014 First Financial Financial Value List
2014 On December 9, Industrial Bank successfully completed the issuance of the first tranche of 13 billion yuan domestic preferred shares.
On November 27, 2014, Industrial Bank officially launched the country’s first carbon trading agency account opening system based on the banking system, becoming the first and currently only Shenzhen Emissions Exchange to use a bank’s online platform for carbon trading. Commercial banks that act as agents for opening accounts, institutions and individuals participating in the carbon trading market can directly open a Shenzhen Emissions Exchange account through Industrial Bank personal online banking.
On November 14, 2014, Industrial Bank won the "Excellent Small and Micro Financial Services Bank" award in the 2013-2014 "China Financial Excellence Awards" hosted by the "Economic Observer".
On November 13, 2014, Interbrand, the world's leading brand consulting agency, announced the 2014 Best Chinese Brand Value Ranking, with Industrial Bank ranking 19th.
Industrial Bank credit card repayment grace period
How long is the Industrial Bank credit card repayment grace period?
According to the 2013 "China Bank Card Industry Self-Discipline Convention", banks must provide credit card customers with a repayment grace period of no less than 3 days. Of course this is not mandatory, so grace periods vary from bank to bank. The repayment grace period for Industrial Bank credit cards is 3 days. In addition, the repayment grace limit for Industrial Bank credit cards is RMB 10.
When is the repayment date for Industrial Bank Credit Card?
The billing dates for Industrial Bank credit cards include eight dates: the 2nd, 4th, 8th, 11th, 13th, 18th, 21st and 23rd, while the repayment dates for Industrial Bank credit cards are It is 20 days after the billing date. The billing date for Industrial Credit Card is randomly assigned by the system. So you can check when the billing date of your Industrial Credit Card is, and you will naturally know when the repayment date is.
If you feel that your repayment date is not conducive to repayment, you can apply to the bank to change the statement date. The statement date of the Industrial Bank credit card can be changed once every six months, but you cannot change it too frequently, as it will cause adverse effects.
The grace period for Industrial Bank credit card repayment is 3 days, so friends who have not paid off the loan when due must pay it off within these 3 days. If you really can’t pay it off, you can apply for repayment. Install or pay the minimum payment amount. Otherwise it will be bad if it is overdue.
Is there a three-day grace period for Industrial Bank credit cards?
Industrial Bank has a three-day grace period. As long as you repay the money within three days of the repayment date, it is not considered overdue. However, it should be noted that repayment within three days does not mean that the money must be transferred within three days, but that the repayment must be recorded in the Industrial Bank system within three days. If the payment is made within the grace period but is not received, it will be considered overdue.
Industrial Bank (INDUSTRIALBANKCO.LTD.) is one of the first joint-stock commercial banks in mainland China approved by the State Council of the People's Republic of China and the People's Bank of China. It was established on August 22, 1988. , headquartered in Fuzhou City, Fujian Province.
Industrial Bank is customer-centric and unremittingly promotes product innovation, process optimization and technological improvement, forming a professional operating system with three major businesses: corporate finance, retail banking and financial markets.
On August 26, 2021, Industrial Bank released its 2021 semi-annual report. According to the announcement, Industrial Bank achieved operating income of 108.955 billion yuan in the first half of the year, a year-on-year increase of 8.94%; net profit attributable to shareholders of the parent company was 40.112 billion yuan, a year-on-year increase of 23.08%.
In recent years, Industrial Bank has been awarded the best joint-stock commercial bank, the most innovative bank, the most investment value listed company, the best shareholder return bank in Asia, and the best bank in Asia by domestic and foreign authoritative institutions or organizations. Profitable Bank, China's Best Corporate Citizen, Most Socially Responsible Listed Company, Best Green Bank, Asian Sustainable Bank Award Champion, National Emission Reduction Advanced Collective, World Environmental Protection Conference "Carbon Gold Social Citizen" and other honors. According to the latest evaluations by international authoritative organizations such as the British "The Banker", the American "Fortune" and "Forbes", Industrial Bank ranks 43rd among the world's top 1,000 banks, 338th among the world's top 500 companies, and 338th among the world's top 500 companies. It ranks 129th among the top 2,000 listed companies and ranks among the top 10 domestic banks, the top 50 global banks and the top 500 global companies.
It has been awarded the Best Joint Stock Commercial Bank, China’s Best Corporate Citizen, Asia Sustainable Banking Award Champion, Asia’s Best Profitable Bank, Best Green Bank, and Financial Institution by domestic and foreign authoritative institutions or organizations. Best Corporate Governance Award, Listed Company with the Most Investment Value, and No. 24 on the Top 100 Most Valuable Chinese Brands list.
How many days is the grace period for Industrial Bank credit cards?
The repayment grace period for Industrial Bank credit cards is 3 days. As long as the debt is paid off within 3 days after the repayment date, Industrial Bank will regard the cardholder as repaying the card on time.
If the user feels that the repayment date is not conducive to repayment, they can also apply to the bank to change the bill date. The statement date of the Industrial Bank credit card can be changed once every six months, but it is recommended not to change it too frequently, as it will cause adverse effects.
Most bank credit cards have a grace period. Different banks have different grace periods. Some banks have a grace period of 3 days, some banks have a grace period of 5 days, and even the same bank has a grace period of different card types. The grace periods are also different. For example, the grace periods of Bank of China's ordinary card and platinum card are 3 days and 5 days respectively. At present, in the banking system, the three-day grace period is the most common, and Industrial Bank is one of them.
What is the grace period? The popular understanding is that the final repayment date is postponed for a few days. Generally speaking, you must repay on the repayment date, otherwise liquidated damages will be incurred. However, with the grace period, your repayment date can be postponed. For example, the last repayment date for an Industrial Bank credit card is the 10th of each month. You have a three-day grace period, which means you can postpone the repayment until the 13th, and it will be counted as a normal repayment and will not result in liquidated damages or other Credit Consequences.
1. How to calculate the three-day grace period of Industrial Bank? Different banks have slight differences
The deadline of the grace period of Industrial Bank is 23:59 on the evening of the same day, such as the 10th of the month It is the repayment date, and there is a three-day grace period. Then the user must successfully repay before 23:59 on the evening of the 13th. After the repayment time is exceeded, even if it exceeds 1 minute, it will be regarded as overdue repayment, which will incur penalty interest. , affecting credibility and so on.
It is worth mentioning that not all banks’ grace period deadlines are at 23:59 that night. Some banks’ grace period deadlines are at 20:00 or 21:00 on the third day. The deadlines of each bank are slightly different, so users need to pay attention to this when applying for a credit card.
2. You can also repay the minimum repayment amount within the grace period
Some users are unable to repay in full even with a three-day grace period due to financial problems. manage? In fact, as long as the minimum repayment amount is guaranteed within the grace period, the system will default to normal repayment by the user. The repayment grace period for Industrial Bank credit cards is 3 days. As long as the debt is paid off within 3 days after the repayment date, Industrial Bank will regard the cardholder as repaying the card on time. Regardless of whether it is within the grace period or not, if the user chooses to repay in installments or the minimum repayment amount, the bank will charge a certain amount of interest.
3. Repayment beyond the three-day grace period will result in overdue payment
Suppose that Industrial Bank credit card users have not repaid on time after the three-day grace period, or the repayment amount is less than The minimum repayment amount will cause the credit card to become overdue and cause more credit problems.
Grace period for Industrial Bank credit cards
The repayment grace period for Industrial Bank credit cards is 3 days. As long as the balance is paid off within 3 days after the repayment date, Industrial Bank will regard the cardholder as repaying the card on time.
If the user feels that the repayment date is not conducive to repayment, they can also apply to the bank to change the bill date. The statement date of the Industrial Bank credit card can be changed once every six months, but it is recommended not to change it too frequently, as it will cause adverse effects.
Industrial Bank’s banking business
“An Yu Life” comprehensive pension financial service: Industrial Bank’s comprehensive financial service plan customized exclusively for middle-aged and elderly customers, covering exclusive financial management and credit loans , convenient settlement, and value-added services, and through cooperation with well-known domestic insurance, legal consulting, medical consulting, pension and leisure institutions, etc., to provide customers with a series of value-added services from insurance, legal, medical to leisure and entertainment, vacation and health care, etc. .
"Xingyetong" comprehensive financial services: a comprehensive financial service plan for "growing business owners" such as self-employed individuals, individual industrial and commercial households, partners and private owners, integrating "loan financing, payment and settlement" , financial planning, VIP services and exclusive recognition" are integrated into five special services, covering personal business loans, acquiring services, family financial management, VIP services, exclusive debit cards and credit cards and many other special products, providing comprehensive services to small and micro finance field, helping business owners grow their businesses and achieve simultaneous improvement in wealth and quality of life.
Industrial Credit Card: including five major series: standard card, theme card, co-branded card, recognition card, and corporate card, including the country’s first low-carbon credit card, couple card, constellation card, platinum card, debit and credit card, There are more than 50 kinds of personalized products including Taobao co-branded cards, and the cumulative number of cards issued has exceeded 13 million. It has many special functions such as points consumption (that is, cardholders can use points to deduct consumption payments at cooperative merchants), consumption/bill installments (that is, a single consumption amount or the amount of consumption that has been billed can apply for installment repayment) and many other special functions throughout the year. Numerous customer feedback promotions from time to time.
Its "Xingyue Club" VIP customer life appreciation program provides rich services to credit card VIP customers, from art appreciation to golf tournaments, from brand salons to luxury car test drives, from boutique hotels to customized travel itineraries, etc. Colorful value-added experience activities, enjoy high-quality card use experience.
Private Banking: The Private Banking Department of Industrial Bank was established in April 2011. With its professional, high-quality and efficient personal financial services, it has been quickly recognized by customers in a short period of time and its market influence has been significantly improved.
Currently, it serves more than 18,000 private banking customers, with customer assets of nearly 220 billion yuan. In terms of products, the company has continuously enriched its product series, launched actively managed wealth management products, customized products for private banking customers, agency products, entrusted investments and other products, and actively promoted family trust business. For customers at different levels, it has launched preferential business jet reservation services, business jet clubs, second-generation education "elite growth clubs", a series of industrial celebrity forum activities, overseas investments, overseas education stewards and other services.
Community Bank: In 2013, Industrial Bank took the lead among peers in launching the construction of community banks, launching a retail channel revolution of “small counters, big marketing”. In order to strive to build the community banking brand of Industrial Bank, it provides customers with differentiated and characteristic services that are "people-friendly, beneficial to the people, and beneficial to the people", and provides convenient financial services to the majority of community residents.
At present, the community branches of Industrial Bank in nearly 40 provinces and cities across the country implement staggered business hours. At community branches, residents can not only handle various traditional retail businesses of Industrial Bank, but also enjoy community branch services. The bank provides residents with "community exclusive financial management" products with higher yields than traditional branch institutions. In addition, community branches provide residents with exclusive credit categories such as "travel loans", "community consumption loans" and "community business loans". Loans require no collateral, easy review procedures, and fast and efficient disbursement.
What is the grace period of Industrial Bank?
There is a grace period of three days after the repayment date of Industrial Bank credit card. Repayments within the grace period will not be treated as overdue loans, and overdue credit card interest and interest will not be calculated. Penalty interest will be uploaded to the personal credit reporting center, causing a bad personal credit record to the user.
You don’t need to apply for the grace period of Industrial Bank by phone. You only need to calculate the repayment date for three days and deposit it into the credit card before 6 pm on the third day at the latest.
The detailed credit card repayment methods and deadlines are as follows:
1. If you pay off the full amount, no other corresponding fees will be incurred.
2. Credit cards generally have a grace period of three days after the repayment date. Repayment within the grace period is deemed to be repayment on time.
3. You can also make the minimum payment within the grace period. What should I do if some users are unable to repay in full even with the three-day grace period due to financial problems? In fact, as long as the minimum repayment amount is guaranteed within the grace period, the system will default to normal repayment by the user. However, regardless of whether it is within the grace period or not, if the user chooses to repay in installments or the minimum repayment amount, the bank will charge a certain amount of interest.
4. If the repayment exceeds the grace period or the minimum repayment is less than the minimum repayment stipulated by the bank, the loan is deemed to be overdue, and interest will be calculated from the accounting date, and the unpaid portion of the minimum repayment will also be calculated. A late payment fee of 5% is charged monthly.
Another special reminder is: if a credit card is accidentally overdue, it must be repaid as soon as possible. If the credit card is overdue due to negligence or objective reasons, it is recommended that the cardholder, after the credit card is overdue, Contact the card-issuing bank as soon as possible, explain the facts and reasons for the overdue payment, and discuss solutions with the bank.
Industrial Bank Co., Ltd. ("Industrial Bank" for short) was born in Fuzhou City, Fujian Province, at the forefront of China's reform and opening up in 1988. It was listed on the Shanghai Stock Exchange in 2007. It is approved by the State Council and the Chinese People's Government. One of the first batch of joint-stock commercial banks approved by the bank, it has now developed into a modern bank that spans domestic and overseas markets, integrating online and offline services, covering trust, leasing, funds, financial management, futures, asset management, research and consulting, digital finance, etc. A comprehensive financial services group, it is firmly ranked among the top 30 banks in the world and among the top 500 companies in the world.
This year is the first year of the “14th Five-Year Plan” and the launch of Industrial Bank’s new five-year plan.
Industrial Bank will be based on the new development stage, implement new development concepts, actively serve and deeply integrate into the new development pattern, combine its own characteristics and reality, unswervingly anchor the "1234" strategy for long-term success, upgrade and build a green bank, a wealth bank, an investment bank, and a green bank. The bank has three "golden business cards" to comprehensively promote digital transformation throughout, truly realize the transformation from a scale bank to a value bank, strive towards the ambitious goal of "a first-class bank, a century-old business", and contribute more to the high-quality development of my country's economy and society. strength.
That’s it for the introduction to the grace period of Industrial Bank credit cards.