The billing date is the day on which the previous January's consumer bill is settled, and the repayment date is the day on which the previous January's consumer payment is due, and interest will accrue if it is overdue. If your billing date is the 19th, it means that the consumption before the 19th will be counted as consumption bill, and the repayment date is the 7th, it means that you must pay back the previous month's consumption bill on the 7th, i.e., the consumption before the 19th. the consumption on the 6th will be generated as a bill on the 19th in the next month, and will be returned in the next month.

Expanded Information

Bill date is the date on which your credit card account will be billed by the issuing bank on a regular monthly basis for all transactions, fees and charges incurred during the current period, with interest accrued, the total amount owed by you for the current period and the minimum amount to be paid, and a statement will be sent to you. This date is the billing date of your credit card.

Credit cards are interest-free on non-cash transactions from the date the bank records the transaction until the due date. The interest-free repayment period varies from bank to bank, with the shortest period being from the billing date to the last payment date, and the longest period being from the day after the billing date to the last payment date of the following month. For example, if the bill date is 1 day and the last payment date is 20 days, the minimum period is 20 days and the maximum period is 50 days. During this period, you do not have to pay interest on any non-cash transactions that are advanced to the store by the bank (cash advances do not qualify for the interest waiver), as long as you pay the full amount of the current installment on the current statement.

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