The credit card repayment period is generally 20 or 25 days after the statement date. However, this repayment date is the final repayment date. Even if the consumption amount is not recorded, users can choose to repay in advance. Therefore, the repayment period of a credit card is more about informing the user of the final repayment time, and the user must complete the final repayment on the repayment date.

Extended information:

The repayment time of a credit card can be divided into the following two periods:

Normal repayment time

From the credit card The normal repayment time for a credit card is from the billing date to the final payment date. Repayments made during this period are normal repayments.

It is recommended to repay the loan two to three days before the repayment date. If the repayment time is too early, the interest-free period provided by the bank will be used up too little, which is not cost-effective;

If the repayment time is too late, especially on the repayment date, it is likely to be due to busy work and other reasons. forget.

Or if the funds are not received in time, it may cause overdue repayment and form an overdue record.

Prepayment time

Any repayment before the accounting date is considered early repayment. Unless there are special reasons, it is recommended not to repay the loan early.

Some cardholders believe that early repayment will help banks increase their credit limit. In fact, this idea has no factual basis.

The interest-free period provided by the bank can be used normally, as long as it is repaid before the repayment date, there is no need to repay prematurely.

Credit cards, also known as credit cards, are credit certificates issued by commercial banks or credit card companies to consumers with qualified credit. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name, etc. printed on it. There are magnetic strips and signature strips on the front and back. Consumers holding credit cards can go to specialized commercial service departments for shopping or consumption, and then the bank settles with the merchants and cardholders, and the cardholders can overdraw within the prescribed limit.

Credit cards stipulated in the relevant laws of our country ("Interpretation of the National People's Congress Standing Committee on Credit Card Regulations") refer to credit cards issued by commercial banks or other financial institutions with the functions of consumption payment, credit loans, transfer settlement, and cash deposits and withdrawals. An electronic payment card with all or part of the functions such as payment. On December 1, 2017, the "Official English Translation and Writing Standards" was officially implemented, stipulating that the standard English name of a credit card is Credit Card.

A general credit card is a special carrier plastic card with a length of 85.60mm, a width of 53.98mm, and a thickness of 1mm. The issuer's name, expiration date, number and cardholder's name are printed on the front, and the chip, magnetic strip and signature strip are on the back. Cardholders can use their credit cards to shop, spend money, and deposit and withdraw cash at designated institutions.