How is the credit card repayment period calculated

First of all, we should know: what is the credit card bill day is simply the bank's settlement day for the credit card consumption, that is, one day every month is the bank's settlement of all the consumption items before the credit card, of course, this day is not the repayment day (but it can also be returned, but it is not cost-effective); How do you know when your credit card is due? It is very simple that the bill date of the card will be marked on the paper that you receive the card. If you lose the card, you can take out the bank customer on the back of the credit card and the manual service can directly ask the payment day and the repayment date. The red box in the figure below is the bill date and payment date, but some banks do not mark the payment date, so the bill date of this credit card is the 9th of each month, then on the 9th of each month, you will settle all the consumption between the 9th of last month and the 9th of this month.

Secondly, it is necessary to know what is the credit card repayment date before the account day is the settlement date, the repayment date is certainly the repayment, the repayment date in the figure above is the 27th of each month (of course, everyone's credit card bill and repayment date are not necessarily the same), then the 27th of each month is your last repayment date, if more than this period even if overdue, Not only are there other costs, but the final need is to have a bad record (so be sure to repay on time); Note: As long as the payment is made before the last due date, it does not have to be on the 27th (let's use the 27th as an example).

Now let's calculate the most critical interest-free period there are the longest interest-free period and the shortest interest-free period, the origin of this is based on your consumption date to calculate; Maximum interest free period: Assuming that Xiaobian consumes on the day after the bill day, that is, May 10, then the consumption of this day can enjoy the longest interest-free, because the consumption of May 10 will be on the bill on June 9, then the repayment only needs to be returned on June 27 to enjoy the interest-free period, that is, to enjoy the 48-day interest-free period, of course, not every bank's interest-free period is the same. The maximum is 56 days. Minimum interest free period: If the consumption on May 9, then the bill will be issued on May 9, then the repayment will be on May 27, which is the minimum time; However, there are some bank bills on the same day will be credited to the next bill day.

Therefore, if you want to be more clear about the repayment period of your credit card, you have to understand the time of the bill day and the repayment date, and then try to control consumption after the bill sunrise, so that you can enjoy a relatively long interest-free period, do not consume near the bill day, or it is the shortest interest-free. Of course, we still have to decide the consumption time according to our own consumption needs.