For many cardholders, the longer the interest-free period of credit cards, the better. As far as we know, the longest interest-free period of credit cards is 60 days. From 20 17 1, cardholders will be able to enjoy an interest-free period of more than 60 days. Are you excited?

Of course, this is due to the Notice of the People's Bank of China on Credit Card Business issued by the People's Bank of China on April 5, 65438. Then, after the implementation of the new regulations, how to calculate the interest-free period of credit cards?

The current Measures for the Administration of Bank Card Business stipulates that the longest interest-free repayment period of credit cards is 60 days, while the issued Notice cancels the existing provisions on the longest interest-free repayment period of overdraft consumption, which is determined by the card issuer independently based on commercial principles and the needs of cardholders.

But what is certain is that after each bank determines the interest-free period, it is possible for each bank to set a minimum period for the interest-free period (for example, you can enjoy an interest-free period of at least 25 days), and then flexibly approve the maximum period of the interest-free period according to the specific qualifications of the applicant. In other words, if you want to enjoy the longest interest-free period, you must meet the following conditions:

1, frequent use of credit cards: credit cards are used the most and are most popular with banks. Frequent swiping will also increase the credit card limit.

2. Repayment on time, not overdue: According to the new regulations, each cardholder's interest-free repayment period will be related to his/her own card habits and records. If the cardholder often delays payment, it is conceivable that the bank will not provide you with the longest interest-free period.

3. Full repayment: If only the minimum repayment amount is paid on the due repayment date, you cannot enjoy the interest-free period. You can enjoy the interest-free repayment period only when the full repayment is due.

take for example

Suppose your billing date is 1 day per month and your repayment date is 30 days per month. If you spend 5,000 yuan on August 2, 20 17, you can repay it on September 30 at the latest, so there will be an interest-free period of more than 60 days.

The longest interest-free period of a credit card is 56 days. How is it calculated?

Many users want to enjoy the interest-free period of up to 56 days when using credit cards. So how is this time calculated? In fact, this time point is the billing date. Generally, you can enjoy the longest interest-free period by swiping your card on the second day of the billing date. However, the consumption accounting rules of a single billing date are different from those stipulated by different banks. It's best to consult the bank to determine which period of the bill this day's consumption is recorded in.

If the bank stipulates that the consumption on the billing date is included in the current bill, then the consumption on the billing date can enjoy the shortest interest-free period and must be returned on the repayment date after the billing date; If the consumption on the billing date is not included in the current bill, it will be included in the next bill, and you can enjoy the longest interest-free period at this time.

Users should return their credit cards on time after daily consumption, and there should be no overdue, because there will be penalty interest after overdue, and the longer the time, the more penalty interest. And after the credit card is overdue, the bank will collect it. The common collection method is to call the cardholder, and then the credit card will be frozen if it is not returned for a long time.

It is worth noting that the overdue daily repayment of credit cards will be uploaded to the credit information center, which will lead to the deterioration of personal credit information and affect the subsequent re-application of various loans. At the same time, the arrears will remain in the credit information for 5 years after repayment, and will disappear automatically after 5 years. No, it will always be recorded in the credit report.

If the credit card cannot be returned on time, you can use installment repayment or minimum repayment amount, which can reduce the monthly repayment amount and avoid overdue. Moreover, it is necessary to meet the minimum consumption quota stipulated by the bank when handling the installment, and it can be returned in advance after handling the installment, saving the handling fee.

In order to prevent the credit card from being returned on time after use, users had better think about what kind of income to return in advance when using it. If your personal income is relatively high, you can use your credit card at this time. If your personal income is relatively small, you should use credit cards carefully at this time to avoid the situation that you can't return them on time in the future.

When does the credit card interest-free period start? How many days is the interest-free period of credit card in the bank?

Credit cards can be overdrawn without interest, but many people don't know how long they can enjoy the interest-free period after using credit cards. They will ask when the interest-free period of credit cards will start. How many days is the interest-free period of credit card in the bank? Today, I will give you a brief introduction. If you want the longest interest-free period, there are several dates that must be specified.

When does the credit card interest-free period start?

The interest-free period of credit card refers to the period from the bank bookkeeping date to the due repayment date after using the credit card. If all the current arrears can be paid off, no interest will be generated. Therefore, it is not difficult to see that the interest-free period of credit cards is calculated from the date of bank bill, and the specific interest-free period should be inferred by combining the date of bill, the date of consumption and the date of repayment.

For example, Agricultural Bank, CITIC, China Construction Bank, Huaxia, Shanghai Pudong Development Bank, Citigroup, Xingye, Postal Savings Bank, Minsheng, Beijing, Shanghai, Shanghai Rural Commercial Bank and Zheshang Bank, the consumption of that day is recorded in the current bill; China Bank, ICBC, China Merchants, Transportation, Ping 'an, Guangfa and China Everbright, the consumption of that day is recorded on the next day, and the consumption of that day on the billing date is included in the next bill.

How many days is the interest-free period of credit card in the bank?

1. Bank of China: the longest interest-free repayment period for credit cards is 50 days, and the fixed interest-free repayment period is 20 days. If it is a big month and a small month (28 days /30 days /3 1 day), the actual date is calculated.

2. ICBC: The shortest interest-free period is 25 days and the longest is 56 days.

3. China Construction Bank: The shortest interest-free period is 17 days, and the longest is 52 days. Due to the fixed repayment date, it varies slightly from month to month.

4. Agricultural Bank: The longest interest-free period for credit cards is 56 days.

5. Postal Savings Bank: The shortest interest-free period is 20 days, that is, the cardholder spends on the day of the billing date; The longest interest-free period is 50 days, that is, the cardholder spends on the second day after the bill date.

6. Bank of Communications: The shortest interest-free period is 25 days and the longest is 56 days.

7. Shanghai Pudong Development Bank: Geely Platinum Card has no interest-free period, and the longest interest-free period for other credit cards is 50 days.

8. CITIC Bank: The longest interest-free repayment period is 50 days and the shortest is 20 days. The longest interest-free repayment period of UnionPay business card is 56 days. The billing date of CITIC UnionPay Business Card is fixed (15 days per month), and the due repayment date is postponed for 25 days.

9. Guangfa Bank: The longest interest-free period is 50-65 days, of which the longest interest-free repayment period for standard card, hope card, guardian angel card and guardian pioneer card is 56 days.

10. Minsheng Bank: The shortest interest-free repayment period is 20 days, and the longest is 5 1 day.

The above is the introduction of "When does the interest-free period of credit cards begin?" I hope it will help you.

How to calculate the interest-free period of credit card?

Suppose your credit card is billed on the 5th of each month and due for repayment on the 25th of each month. If you swipe your card at different time periods, you will enjoy different interest-free periods:

If you spent 10,000 yuan by credit card on1October 4th, then on the billing date of June 5th,10,000 yuan will be charged to the bill of June10 (specifically, the billing period is from September 6th to June 5th,/kloc)

Therefore, the longest interest-free period that cardholders can enjoy is 2 1 day; If the credit card spending on10,000 yuan on October 6th exceeds the billing date of10,000 yuan on October 5th, then1/0,000 yuan will be included in June1/kloc-0.

If you swipe your card before the bill date, you may enjoy a shorter interest-free period (the closer you swipe your card to the bill date, the shorter the interest-free period); If you swipe your card after the bill date, you may enjoy a longer interest-free period (the closer you swipe your card to the bill date, the longer the interest-free period).

What does the interest-free period of credit card mean?

For non-cash transactions using credit cards, from the bank bookkeeping date to the repayment date, as long as you pay off the current payable amount (the total amount owed) on the current statement in full, you don't have to pay any interest on non-cash transactions (cash advances do not enjoy interest-free discounts).

How to calculate the credit card interest?

Credit cards generally have an interest-free period of 30 days, and consumers will not charge interest as long as they pay off their debts during the interest-free period. If the consumer is overdue, the interest is generally calculated at the daily interest rate of 0.05%. If the payment is overdue for more than 30 days, some banks will calculate the interest at the daily interest rate of 0. 1%.

If the consumer spends 10000 yuan overdue after using the credit card, the daily interest to be paid is 100000.05% = 5 yuan, and one month (calculated by 30 days) is 150 yuan. Generally speaking, the interest to be paid is very high, so it is recommended not to overdue it easily.

What are the precautions for using credit cards?

1. Don't disclose personal information to others easily, including your ID number, bank code and other information, and don't give your bank card and credit card to others for use. If in doubt, you need to report the case, please consult the financial departments such as banks in person or report the case to the local public security organ. Don't call the police according to the phone number provided by the suspect.

2. Pay attention to the safe use of online banking. Install the necessary anti-virus and anti-Trojan software and security control measures for online banking, make sure that you log in to the real banking website, and don't easily receive strange files, and don't easily log in to online banking by using other people's computers.

3. Be vigilant when using self-service bank. At present, the door of self-service bank has been gradually transformed into a button-open type. When withdrawing money from the self-service bank, if you find suspicious equipment at the entrance and exit of the self-service bank or prompt "Confirm by password", don't swipe your card and enter the password, and report the case to the bank and the public security organ in time.

4. Pay attention to separate the card from the ID card. In life, many people put their ID cards and bank cards together. Once they are lost or stolen, the cardholder's funds are likely to be lost.

5. When swiping the card, you should confirm whether it is a UnionPay POS machine. After swiping the card, you should also sign the shopping settlement bill. At the same time, you should also pay attention to whether there are duplicate problems and prevent the returned bank cards from being exchanged. In addition, the signature style should be as consistent as possible with the signature on the card.

This concludes the introduction on how to calculate and use the longest interest-free period of credit cards. I wonder if you have found the information you need?