China Industrial and Commercial Bank credit card repayment regulations are as follows:
1. Credit card: If the minimum repayment amount is not repaid before the due repayment date (inclusive), it will be deemed overdue. The system will deduct liquidated damages and interest according to the relevant provisions of the contract. If your credit card has paid off all the payable amount or the minimum repayment amount of the previous bill on the day before the first billing date after overdue. This time, no overdue records will be submitted in the credit report.
2. Quasi-credit card: Since there is no interest-free repayment period for the overdraft transaction of quasi-credit card, interest will be charged every day. It is recommended that you repay in time after the overdraft transaction. When ICBC sends credit data on each billing date, it will truthfully record your outstanding overdraft information. The maximum overdraft period of quasi-credit card is 60 days. If it is not returned after more than 60 days, it shall be deemed as overdue.
1. The consequences of overdue ICBC credit cards are serious. Therefore, if your ICBC credit card is unexpectedly overdue, you must take the initiative to contact ICBC in time, explain the reasons and repay it in time to avoid additional punishment from ICBC. If it is overdue for a long time, it may be blacklisted by ICBC.
2. ICBC's credit card is overdue. First of all, overdue repayment will lead to credit card penalty interest and late payment fee; In addition, overdue will lead to personal bad credit records. Secondly, for overdue credit card holders, ICBC will have a grace period of 1 to 2 months. During this period, the bank will call customers and send text messages to remind them of repayment. You should pay off your debts quickly within this time limit, otherwise the third month will be officially overdue. Long-term overdue may be blacklisted by banks. So it depends on the overdue situation of your credit card. If there is still room for manoeuvre, as long as you pay the arrears to the bank, it will generally not have much impact on your loan, but if your credit card is overdue enough, you will be in big trouble.