What will happen if CITIC Credit Card repays one day late?

What is the impact of one-day overdue repayment of CITIC Bank's credit card?

It doesn't matter if the credit card of CITIC Bank is repaid one day late, but in order to avoid overdue, it is recommended to repay it as scheduled.

The revised "China Bank Card Industry Self-discipline Convention" published by China Banking Association last year requires that banks should provide time-sensitive services to credit card holders from July 1 2003, and those overdue for less than 3 days shall be regarded as timely repayment.

Time-tolerant repayment refers to providing cardholders with a certain period of repayment grace period service. If the cardholder repays within the repayment grace period, it is deemed that the cardholder repays on time. Remind the repayment at least 3 days before the due repayment date by SMS, email, etc. , and provide a repayment grace period of at least 3 days. These three days refer to natural days, not working days.

Because this provision is only a self-regulatory convention, it is not mandatory, so it is different for banks to implement time-sensitive services. For example, China Bank, Guangfa Bank, Bank of Communications, Minsheng Bank, China CITIC Bank, Shanghai Pudong Development Bank and China Merchants Bank can postpone repayment for three days, China Construction Bank can postpone repayment for five days at the longest, and Agricultural Bank can only postpone repayment for two days.

Credit card users must ensure that the repayment will be recorded in the overdue repayment period of the bank. If it is not recorded in time, there will still be a penalty interest.

Among them, China Everbright Bank, Ping An Bank, China CITIC Bank and China Merchants Bank automatically extended the three-day grace period.

Will CITIC Credit Card overdue for one day affect the credit investigation?

1. The credit card has not been returned on the last repayment date. In addition to a certain late payment fee, banks also enjoy a daily interest of 0.05%. The specific formula is: 0.05% of the overdraft amount is 56 days (the maximum number of days is calculated first because of different consumption days). On July 1 day, 2065438, China Banking Association issued the China Bank Card Industry Self-discipline Convention revised last year. The convention requires banks to provide time-saving services for credit card holders. Repayment within 3 days is regarded as timely repayment.

2. However, it should be noted that although there are provisions in the Convention, they are not mandatory. At present, the implementation of financing services by banks is not the same. For example, China Bank, Guangdong Development Bank, Bank of Communications, Minsheng Bank, China CITIC Bank, Shanghai Pudong Development Bank and China Merchants Bank can extend the loan for three days, China Construction Bank can extend the loan for five days at the longest, and Agricultural Bank can only delay repayment for two days.

1. The two-day or three-day extension is not mandatory by the state, but by individual banks themselves for customer relations. Although banks have different remedies for delayed repayment, they generally have a grace period of 2-3 days, and the second day after repayment is due is the most critical. If the repayment is normal, there will generally be no delay. If you really can't pay, you can call the bank customer service office in advance to apply for an extension.

2. "Tolerance service" means that if the cardholder fails to repay in full in the current period, and the unpaid amount in the account after maturity is less than or equal to a certain amount (at least equivalent to RMB 10 yuan), it is deemed that the cardholder has repaid in full, and the unpaid amount will be automatically transferred to the next bill. "Time-tolerant service" refers to providing cardholders with a grace period of at least 3 days from the due date of repayment; If the cardholder repays within the grace period, it is deemed that the cardholder repays on time.

This is usually postponed until the third day. For example, today is your repayment date, and if you don't repay on time, you can apply for an extension through a manual customer. Today is the final repayment date. After applying for an extension, the repayment is usually made before 5 pm the day after tomorrow! It can be postponed for two days! Not three days! Pay attention to this!

Does one-day overdue repayment of CITIC Credit Card affect credit reporting?

It won't affect.

Regarding the grace period for repayment, the policies of CITIC Bank and China Merchants Bank are the same. CITIC Bank also provides customers with a three-day grace period for repayment without special application. You can return the bill to the credit card in real time before 20:00 three days after the last repayment date.

However, if the final repayment date is not returned, it will be overdue and affect personal credit.

China CITIC Bank Credit Card Overdue Charge Standard

After the credit card bill is generated, if the minimum repayment amount of the bill is not paid off before the repayment date, a late fee will be incurred and interest will be charged. The specific charging standards are as follows:

1. Charge standard of credit card late payment fee of CITIC Bank: 5% of the unpaid minimum repayment amount will be charged monthly. The minimum standard is 30 yuan RMB/HK$ 30/US$ 3/Euro.

2. CITIC Bank's interest charging standard: the interest rate is 0.5 ‰ per day, with monthly compound interest. The minimum charge is RMB 65,438+0 yuan or US$ 65,438+0 yuan or HK$ 65,438+0 yuan or Euro 65,438+0 yuan, and the total interest on bill settlement is less than or equal to RMB 0.02. 0.02 yuan