A credit card is a credit certificate issued by a commercial bank or a credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits. On March 201April 1 1 day, Tencent and Alibaba, two Internet giants, announced that they would officially issue online credit cards next week, and both partners were CITIC Bank. It is reported that the first batch of credit cards issued by the two companies is 6.5438+0 million. In terms of credit limit, Alipay online credit card is the starting point of 200 yuan, and Tencent WeChat credit card is divided into three grades: 50 yuan, 200 yuan and1000 ~ 5,000 yuan. Both credit cards will be issued next week.
For non-cash transactions, the interest-free repayment period is from the bank bookkeeping date to the due repayment date. The shortest interest-free repayment period is 20 days and the longest is 56 days. During this period, as long as you pay off the current payable amount on the current statement, you don't have to pay any interest on non-cash transactions (you don't enjoy interest-free discount if you borrow cash in advance). Due repayment date-the latest date stipulated by the issuing bank that the cardholder should repay the full repayment or the minimum repayment amount. For example, the monthly billing cycle of credit cards is from * 28th, 20 1* to (*+ 1) 27th, for example, from August 28th, 20 12 to September 27th, 20 12. If you buy goods on any day during this period (September 23rd), the billing date of a credit card is also September 23rd, 20 12, and the billing date is September 27th, 20 12 (different banks). If the repayment is made on September 25th, then the repayment date is 20 12 on September 25th, and the due repayment date is June 20th1210. For the longest repayment period (50 days), you can choose to shop on August 29th, 20 12.