This is my first time to use a credit card. ICBC has handled the credit card for 9 days and got it today. When activated, I received a short message, which shows the following figure, billing date 12,

This is my first time to use a credit card. ICBC has handled the credit card for 9 days and got it today. When activated, I received a short message, which shows the following figure, billing date 12, 5. The due date of credit card repayment refers to the latest date when the credit card issuing bank requires the cardholder to repay the payable amount. In other words, after the issuing bank issues the bill, you have to pay off all the expenses on the bill before the due repayment date, and the consumption after the bill is the bill for next month.

In fact, the due repayment date is the last day of the interest-free repayment period. Before this, the repayment is interest-free, and interest and late fees will be charged if it is overdue. For each bank, the interest-free repayment period is different.

For example, you will understand:

Bank of dalian credit card, the billing date is 5th of each month, the longest interest-free repayment period is 56 days, and the final repayment date is 30th. If you still spend money on May 29th, you need to repay it before June 30th, that is, the end of the next billing day.

So the repayment date depends on whether your consumption is before or after the bill date. If the consumption date is before the bill date, it will be repaid at the end of the month of the bill date. If it is after the billing date, it will be calculated before the next billing date.