How do I enjoy the maximum interest free period? How to use a credit card with the longest interest

Interest-free period: The interest-free repayment period for credit card consumption transactions is between the date of bank account and the due date of repayment (no loan interest is generated), and the interest-free period of ABC credit card is as short as 25 days and as long as 56 days.

Statement date: The bank will summarize and settle the transactions and expenses in the cardholder's credit card account in the current period on a fixed day every month, and generate a bill for the cardholder to check, which is the statement date of your credit card.

Repayment due date: The last date on which the issuing bank requires the cardholder to repay the current credit card due amount, and the cardholder needs to repay the current outstanding amount before the due date. The repayment due date of ABC credit card is the last 25th day of the statement date.

For example: the shortest interest-free period: For example, if Xiaohong consumes with a credit card on January 3, then this consumption will be generated in the bill on January 4, and the consumption will be paid off on the repayment date on January 19, which is equivalent to only enjoying a 20-day interest-free period.

Maximum interest-free period: If it is still the same bill date and repayment date, Xiaohong spends with her credit card on the bill date of January 4, the consumption record will be carried forward to the next bill date and reflected in the bill on February 4, and the repayment date due is February 19, which is equivalent to enjoying an interest-free period of up to 50 days.

The longest interest-free is that if you spend on the 24th, you can repay the loan after about 45 days.

The maximum interest-free period is the consumption on the 8th of each month, which can be repaid on the 23rd of the following month. If it is a consumption on the 7th, it needs to be paid off on the 23rd of this month.

It is not possible to enjoy a maximum interest-free period for every purchase.

The interest-free period of a credit card is generally 50 days or 56 days; If you want to enjoy the longest interest-free period, you must first know what is the bill date and repayment date, the bill date is a summary of the previous consumption cycle by the bank, and the bank will mail the consumption bill to the cardholder; The repayment date is the credit card repayment time, which is generally about 15 to 20 days after the statement date.

When using a credit card to make a purchase, choose the next day of the bill date, so that you can enjoy the longest interest-free period, so that the consumption is also conducive to the arrangement of funds. You can also enjoy a grace period when repaying, the number of grace periods is different for different banks, most banks are 3 days, and Agricultural Bank of China is 2 days, but ICBC does not have a grace period for repayment.

In life, many people use the longest interest-free period for financial management, buy short-term financial products with idle funds, and redeem them before the credit card repayment date, so that they can get a part of the interest income, such as buying various currencies**, although the interest is not very much, but every time you do this, you can get a lot after a long time. However, when buying wealth management products, you must calculate the redemption time, especially during holidays.

Credit cards have been widely used in people's daily consumption, and it can be said that everyone now has a credit card. For example, when people use credit cards to make purchases, they are generally able to enjoy the interest-free period of credit cards. However, the interest-free period is long and short.

That's why some people ask: how long is the interest-free period of a credit card? How can I enjoy the maximum interest-free period?

I'm here to answer for you today.

What does the credit card interest-free period mean?

The interest-free period of credit cards means that the bank does not need to pay interest for non-cash transactions from the date of completion of the transaction to the due date of repayment.

How long is the interest-free period for a credit card?

The interest-free period of credit cards is generally about 20 to 50 days, and the interest-free period of credit cards may vary from bank to bank, and the interest-free period will vary depending on the billing date.

How is the interest-free period of a credit card calculated?

For example, your credit card statement date is the 5th of each month, and the payment due date is the 25th of each month. If you make a purchase on the bill, it will be included in the current bill, and if you repay the loan between the 5th and the 25th, you do not need to pay interest. This is the interest-free period of your credit card.

How can I enjoy the maximum interest-free period?

If you want to enjoy the maximum interest-free period from the bank, it depends on the date of your purchase. So you can choose to make a purchase on the day of the bill or the day after, so that the purchase can be counted towards the next bill, and the two interest-free periods add up, you can enjoy at least 50 days of interest-free periods.

For example, ICBC, China Merchants Bank, Bank of Communications, Bank of China, GF, etc., will be included in the next bill if they are consumed on the day of the bill.

However, such as Agricultural Bank of China, CITIC, Minsheng, etc., consumption on the day of the bill date is still included in the current bill, so these bank credit cards want to enjoy an ultra-long interest-free period and have to make purchases after the statement date.

In addition, CCB, Shanghai Pudong Development and Industrial Bank will be included in the current bill if they consume before 21:00 on the bill date, and Everbright will be included in the current bill if they consume before 18:00 on the bill date.

The bank with the longest interest-free period on credit cards

1.Banks with an interest-free credit card period of up to 50 days include CCB, China Merchants, Bank of China Lumeng, Shanghai Pudong Development, CITIC, Postal Savings, Industrial Bank, Minsheng, Huaxia, Everbright, Ping An, etc.;

2.Banks with an interest-free credit card period of up to 56 days include ICBC, Bank of Communications, Agricultural Bank of China, GF and so on.

The above is the answer to the question "How long is the interest-free period of a credit card?" How can I enjoy the maximum interest-free period? "of.

The interest-free period of credit cards generally varies from 20 to 50 days, which may vary from bank to bank. And generally the billing date is after the bill date, you can enjoy an interest-free period of about 50 days.

Nowadays, many people will apply for credit cards, and a large part of the reason is that credit cards can be consumed in advance, and as long as you repay on time, no interest will be charged, and credit cards have an interest-free period. However, the interest-free period of credit cards is long and short, and many people can only enjoy an interest-free period of about 30 days with a card, so today I will teach you how to enjoy the longest interest-free period of a credit card.

Maximum credit card interest-free period: Spend after the bill is issued

Credit cards have a statement date and a repayment date, for example, I have a card, the statement date is the 5th, and the repayment date is the 25th. Then I will issue a bill for the previous month's consumption on the 5th of each month, and then I need to pay it back before the 25th of this month.

This also means that as long as we consume after the bill is issued, we will calculate the bill next month and repay the loan next month, which will enjoy an interest-free period of at least about 50 days.

For example, if I issue a bill on the 5th and consume on the 6th, then the consumption on the 6th will be included in the bill of the next month, and the bill will be issued on the 5th of the next month, and then the repayment will be made before the 25th of the next month.

However, some bank credit cards are changed to consume on the day of the bill and record the account next month; Some are consumed one day after the bill date and recorded the next month.

The bank that bills the next month's account on the bill date

1.Industrial and Commercial Bank of China;

2.Bank of Communications;

3.China Merchants Bank;

4.Bank of China;

5.China Everbright Bank;

6.Ping An Bank;

Rush to finish 7China Guangfa Bank (except online).

The bank that billed the next month's account for the consumption made one day after the statement date

1.Abc;

2.China CITIC Bank.

Special Cases:

1.China Construction Bank: Consumption after 17 o'clock on the bill date will be booked in the next month (non-online shopping);

2.Minsheng Bank: Consumption after 20 o'clock on the bill date will be recorded in the next month;

3.Shanghai Pudong Development Bank: Consumption after 21 o'clock on the bill date will be recorded in the next month;

4.Industrial Bank: Consumption after 20 o'clock on the bill date will be recorded in the next month.

That's all for how to enjoy the longest interest-free period on your credit card. If you want to enjoy a long interest-free period, you need to make full use of the statement date and repayment date of your credit card, so that you can enjoy an interest-free period of about 50 days at most, which will be much more than the usual 30-day interest-free period. Some credit cards, such as JD Xiaobai Card, can also enjoy an interest-free period of up to 80 days.

The interest-free period starts from the date of bank account to the last date of repayment, which is the day when the cardholder swipes the card for consumption, and the last date of repayment is the day when the cardholder should repay the money, generally 20 or 25 days after the statement date.

At present, the five major state-owned banks, Industrial and Commercial Bank of China, Agricultural Bank of China and Bank of Communications, offer cardholders an interest-free period of up to 56 days. For example, if the customer's card date is December 1, then the repayment date will be January 25 next year, and the middle of the 56-day interest-free period will be enjoyed. China Construction Bank (CCB) and Bank of China (BOC) offer interest-free periods of up to 50 days.

Most of the 11 joint-stock banks provide cardholders with an interest-free period of 50 days, such as Shanghai Pudong Development Bank, Minsheng Bank, Industrial Bank, China CITIC Bank, Ping An Bank and other joint-stock commercial banks have a maximum interest-free period of 50 days. For example, if the IB swipes the credit card on November 2, the repayment date is December 21, with an interval of 50 days. However, China Guangfa Bank has given a maximum interest-free period of 56 days for standard cards, hope cards and QQ cards, and the interest-free period for other cards of the bank is still 50 days.

Although the credit card of Beijing Rural Commercial Bank was launched late, it still gives cardholders an interest-free period of up to 56 days, such as the customer's statement date is October 13, the card date is 14 days, and the last repayment date is December 8, and you can enjoy an interest-free period of up to 56 days in the middle.

Only direct card purchases are interest-free. Transfers are either not allowed, or there is no interest-free period like cash withdrawals, and in addition to the daily interest, there is also a handling fee. Credit cards are the same for each bank, but the fee rate is different.

I'm at the head office of the bank and hope it helps you.

The first amount spent will be repaid in full before the last repayment date, and the interest-free period will be enjoyed. If you withdraw cash from overdraft, you will be charged interest at 5/10,000 per day, of course, if you withdraw the extra money, you will not be charged interest.

A credit card is a bank card that banks provide to their users with credit as a guarantee! Provide savers with the payment behavior of spending first and repaying later! The method of using credit cards offered by each bank is generally the same!

It is recommended that the credit card owner make a purchase on the second day of the reconciliation date! This will issue a statement on the next reconciliation day, allowing savers to achieve the purpose of using the card interest-free for the longest time! Try not to withdraw cash from credit cards at ATMs or manual counters!

This will incur fees and interest! Credit card cash withdrawals will not enjoy an interest-free period! It will be booked and interest accrued the day after your withdrawal!

1. Only by swiping the credit card and repaying on time on the last repayment date can you enjoy the interest-free period.

2. Online or ATM transfers are regarded as cash withdrawals and cannot enjoy the interest-free period.

3. There is little difference between the credit cards of various banks.

4. Credit cards can be withdrawn over the counter, but a handling fee and 5/10,000 overdraft interest per day will be charged.

5. Overdraft cash withdrawal cannot enjoy interest-free, and overdraft interest will be charged from the day of cash withdrawal.