Is there a grace period for credit card repayment in Postal Savings Bank?

Postal savings bank provides customers with timely repayment service. The grace period for the final repayment is four days after the final repayment date1before 7: 00. Please make repayment according to the bill amount of the current period before this time, and make sure that the repayment is received, and there will be no expenses and no overdue records.

If the minimum repayment amount is not fully paid off before this date, it will have a bad influence on your credit record and will hinder you from handling credit card, loan and other businesses in the future.

If the overdue period is serious, the bank may freeze your credit card and ask you to pay off all the arrears in one lump sum.

The credit card late payment fee stipulated by China Postal Savings Bank refers to the fine charged to customers who fail to fully repay the minimum repayment amount on the due repayment date.

The collection standard of late payment fee is: 5% of the unpaid part of the minimum repayment amount, and the minimum 10 yuan.

In addition to the late payment fee, interest will be charged: interest refers to all the consumption of your current bill. From the consumption date to the repayment date, interest will be charged at a daily rate of five ten thousandths.

Extended data:

Consequences of overdue credit card:

1. The liquidated damages are generally the minimum repayment amount, that is, 5% of the unpaid part.

2, the interest rate is high, and it is rolling interest. When there are many debts, the interest rate is scary.

3. Overdue will tarnish the credit record, resulting in the inability to handle financial needs such as buying a house and lending in the next two years.

4. The overdue payment is more than 3 months, and the amount exceeds 1 000 yuan, and the bank has repeatedly failed to make dunning. At that time, you will not only pay back the money, but also bear criminal responsibility.

References:

Baidu encyclopedia entry-credit card