the repayment policy of credit card (debit card) has changed, and the advance cash must be paid off in one lump sum.
Recently, the official website of the Bank of China issued the Announcement on Adjusting the Grace Period for Repayment of Platinum and Above Credit Cards (Debit Cards) and Official Cards, which stated that the grace period for repayment of Platinum and Above Credit Cards (Debit Cards) was adjusted from the current 9 days to 8 days, and the grace period for repayment of official cards was adjusted from the current 3 days to 2 days. Titanium, gold and ordinary credit cards (debit cards) will not be adjusted, and the grace period is still 3 days. It is understood that as long as the cardholder pays off the arrears within the stipulated grace period, then the bank will regard the cardholder as paying back on time, which will not affect personal credit and will not cause overdue fees.
In addition, the repayment policies of two banks, CITIC Bank and Industrial Bank, have also changed. Not long ago, the two banks successively announced that cash advances by credit cards should be settled in full at the end of August, while many banks, such as Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank and Bank of Communications, announced that they had adjusted the repayment rules of cash advances in 217 and 218. A financial manager in Jiangsu said that it is not recommended for customers to pay only the minimum repayment amount, because it is not cost-effective to pay an extra day's interest every night. It is recommended that customers live within their means.
Recently, the big four credit cards (debit cards) have also adjusted their charging standards. Wechat charges .1% of the repayment amount for each repayment of WeChat credit card (debit card). Alipay provides a free quota of 2, yuan per person per month, and the service fee is charged at .1% for the excess. For the reason of charging service fees, the payment institution boils down to rising costs. According to industry insiders, with the centralized deposit of reserve funds, a large number of reserve funds disappear, and payment service charges will become an inevitable trend.
I can't play "keeping cards with cards".
beware of stains left by credit records.
In the past, some banks stipulated that only 1% of the cash withdrawal amount of credit cards (debit cards) should be included in the minimum repayment amount. Therefore, the cash withdrawal business of credit cards (debit cards) once became a good way for many cardholders to solve their urgent needs. Now, many banks have shortened the grace period for repayment and adjusted the repayment rules of cash advance. It is generally believed in the industry that the risk of overdue default of credit cards (debit cards) will be reduced to some extent.
according to the annual report data of various banks, the non-performing rate of credit cards (debit cards) in many banks has increased. Therefore, people in the industry said that credit cards (debit cards) are easy to make people spend too much in advance to some extent. In addition, in the process of using credit cards (debit cards), bad behaviors such as cashing out and "keeping cards with cards" are also common. The insiders believe that the adjustment of the repayment rules of credit card (debit card) in advance is mainly from the perspective of risk. In recent years, the overdue balance of credit card (debit card) has risen rapidly, so it is urgent to prevent the debt risk of credit card (debit card). The measure of canceling the minimum repayment amount for credit card (debit card) in advance is one of the ways for commercial banks to deal with the overdue risk of credit card (debit card).
an account manager of a state-owned bank told me that credit card (debit card) holders must understand the repayment rules clearly to avoid the influence on the credit record. In addition to external factors such as policies and banks, credit card (debit card) holders must pay attention to the rational and rational use of credit cards and moderate consumption. The overdraft of credit card (debit card) must be repaid in time to avoid negative impact on the credit record, thus affecting the subsequent application for loans such as mortgage and car loan.