The grace period for repayment is a few days

There is a three-day grace period, which is as follows:

Even if the due date has passed, as long as your repayment has been credited within three days after the due date, you will be exempted from penalty and interest for late payment.

If you are strapped for money, you can pay the minimum payment first:

The minimum repayment amount means that the cardholder can repay all the amounts payable before the due repayment date (inclusive), and if it is difficult, the cardholder can repay the loan according to the minimum repayment amount stipulated by the issuing bank, which will not affect the customer's credit status, but cannot enjoy the interest-free repayment period, and the minimum repayment amount is 10 of the consumption and cash withdrawal amount plus other types of payables. The minimum payment amount is shown on the current bill.

There is no concept of grace period, as long as you are overdue, even if you are in default, overdue for more than 1 month, it will start to warn you, and 2 months will start to cancel the remaining installments and calculate them to the next bill, more than 2 months, God bless you, the bank will call and threaten to sue you, then all you need to do is For example, if you owe 10,000 and only have 2,000 on hand, you will divide 500 500 In this way, as long as you have a continuous repayment record, the bank will not force you too much, All they need is that you still have the willingness to repay, if there is really a ** call, no matter how bad their tone is, don't care, beg them well, let them understand that you have the willingness to repay, after all, they default first, and the bank is also afraid of bad debt rates, as for debt collection, many are outsourced to specialized debt collection companies. So the attitude is naturally bad.

Bank of Communications credit card is overdue if it exceeds the repayment date for 3 days.

The overdue time of Bank of Communications credit card is as follows:

1. The credit card time-saving service can be overdue for 3 days.

After the credit card repayment date, the cardholder can enjoy the 3-day repayment grace service. Cardholders are not considered overdue as long as they repay the minimum payment amount before midnight on the third day after the due date. That is to say, as long as the credit card is overdue within 3 days after the repayment date, it is safe, and if the credit card is overdue for more than 3 days, it will be reported on the credit report, which will affect the personal credit history.

2. Credit card overdue records will be reported once a month.

Banks will regularly report credit card usage records to the People's Bank of China every month, thus forming credit records of cardholders. At present, the frequency of the bank's submission of personal credit data is once a month, so if the credit card is really overdue and exceeds the buffer time of 3 days, it is necessary to communicate with the bank in a timely manner, and strive to negotiate and solve it before the bank submits the personal credit record.

Three days. At present, the time-sensitive repayment service (grace period for repayment) of BOCOM credit card means that the cardholder repays the loan through the designated repayment channel three days before the last repayment date (inclusive), and the repayment is credited to the account through the designated repayment channel before the third day after the due repayment date (inclusive), it will be deemed to be repaid on time. In other words, the grace period for credit card repayment is 3 days.

If the full payment is not made within 3 days after the due date, the credit card is considered overdue. For example, if your repayment date is the 25th of each month, and the repayment will be postponed for three days, that is, the repayment within the three-day grace period from the 26th to the 28th, you can be counted as repaying on time, even if the 28th is a weekend, it will be counted as one day, and in addition, the deadline for the grace period for repayment of Bank of Communications credit card is 9 pm on the third day. Note that the repayment must arrive before the end of the grace period, otherwise it will be considered overdue.

The common repayment methods of credit cards are as follows: 1. Direct deposit to credit card from ATM machine of the Bank; 2. Bind the credit card to the bank card and set up automatic repayment; 3. ATM inter-bank transfer repayment; 4. Online banking transfer repayment or inter-bank transfer repayment; 5. You can also transfer money through WeChat wallet or Alipay (inter-bank transfer is free of handling fee). Users can repay the loan through the bank's online banking or mobile banking, which can be received in real time.

After the credit card is overdue, the Bank of Communications will calculate your interest and charge liquidated damages, and the interest will be compounded on a monthly basis. On the day of overdue, the bank will generally not hit **, and there will be no credit investigation for 6 days after the deadline.

If it has expired, please note:

pay off arrears in a timely manner;

and bear late fees and interest;

Call the credit card center to explain the situation;

If it is overdue once, it will be repaid immediately after a short period of time and will not have any impact on the credit history;

It will have a certain impact on the application for a quota increase, and the amount of the increase will be slightly reduced.

Generally speaking, many banks have grace period services, except for industrial and commercial enterprises, some banks are subject to the statute of limitations for repayment, and some are based on the statute of limitations for transactions. It is recommended to repay the loan as early as possible, close to the repayment date or within the grace period, which is easy to cause the card risk control to be unfavorable to the later amount increase.

Some banks have a grace period, and if the cardholder repays within 2-3 days after the due date, it is not considered overdue. So you can first ask the bank's customer service if there is a grace period. If not, the repayment must be made by the due date (inclusive).

The repayment grace period can be up to 3 days.

Since most banks have implemented the "time-tolerant" service, Bank of Communications also has this service, when you borrow before 9 p.m. on the third day after the loan to be repaid, if only the minimum repayment amount is repaid, there will be no late fee, only the interest on the unpaid part, if the full amount is repaid, you can no interest.

Extended Information: 1. Definitions:

A credit card, also known as a credit card, is a credit certificate issued by a commercial bank or credit card company to a credit-qualified consumer.

It is in the form of a card with the name of the issuing bank, expiration date, number, and name of the cardholder printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to the special commercial service department to make purchases or purchases, and then the bank will settle with the merchant and the cardholder, and the cardholder can overdraft within the specified limit. Credit card purchases are a non-cash payment method that requires no cash payment and will be repaid on the billing date.

2. Classification: Credit cards are divided into credit cards and quasi-credit cards, and credit cards refer to credit cards that have a certain credit limit and can spend first and repay later within the credit limit; A quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve as required, and can overdraw within the prescribed credit limit when the balance of the reserve account is insufficient to pay. By credit card, it generally refers only to credit cards.

3. Other information:

From January 1, 2021, the credit card overdraft interest rate will be determined by the card issuer and the cardholder through negotiation, and the upper and lower limits of the credit card overdraft interest rate will be abolished (the original upper limit is 10,000 per 10,000 per day).

5. The lower limit is 5/10,000 times of the daily interest rate). On May 25, 2021, the Supreme People's Court promulgated and implemented the Provisions of the Supreme People's Court on Several Issues Concerning the Trial of Bank Card Civil Dispute Cases.

The credit card stipulated in the relevant laws of the People's Republic of China (the Interpretation of the Standing Committee of the National People's Congress on the Provisions of the Criminal Law of the People's Republic of China on Credit Cards) refers to an electronic payment card issued by a commercial bank or other financial institution with all or part of the functions such as consumer payment, credit loan, transfer and settlement, cash deposit and withdrawal, etc. On December 1, 2017, the "English Translation and Writing Standards for Public Services" was officially implemented, stipulating that the standard English name of credit card is credit card.

At present, Bank of Communications provides a 3-day grace period for repayment to card users. Credit card users who repay within 3 days after the repayment date are considered to be repaying on time, and will not affect their personal credit information.

1. If you have not repaid the credit card by the repayment date, you can call the customer service of the Bank of Communications credit card**95559 and ask the bank if there is a grace period for repayment. If the grace period has elapsed and the repayment is still not made, the bank will charge a late fee, which is 5% of the outstanding part of the minimum payment, plus daily interest. If you fail to pay the bill for more than 3 months (3 instalments), you will be blacklisted by the bank, and in serious cases, it will cause the bank to sue for debt collection.

2. In order to avoid overdue credit cards, users can apply for credit card installments or use the minimum repayment method to repay.

The grace period for repayment of Bank of Communications credit card is 3 days. In accordance with Article 14 of the Convention on Self-Discipline of the Bank Card Industry of China, Bank of Communications provides a 3-day grace period for repayment for Bank of Communications credit card holders, and repayment before 18:00 p.m. on the third day after the repayment date will be deemed to be repaid on time.

For example, if the last repayment date is the 20th of each month, the cardholder needs to pay off the bill by 18:00 on the 23rd of the month at the latest. If the repayment is exceeded within the grace period, the overdue repayment record will be reported to the central bank for credit immediately.

In order to ensure that the repayment amount is credited before 18:00 on the third day, it is recommended that the cardholders of the Bank of Communications use the repayment methods provided by the Bank of Communications, such as ** bank repayment, Bank of Communications online bank transfer repayment, Bank of Communications ATM card transfer repayment, Bank of Communications self-service deposit machine repayment, Bank of Communications business outlets counter cash repayment, Bank of Communications mobile banking transfer repayment, etc.