The repayment date of credit card is generally around 18 days after the bill date. Users need to pay off their bills before the repayment date. If it is overdue, the bank will count you as overdue, calculate overdue penalty interest and other expenses, and collect credit information to generate overdue records.
Does credit card bill installment affect credit reporting?
Credit card installment will not affect credit, and users need to repay on time after installment. Cardholders need to pay a certain fee for credit card installment repayment, and different installment fees are different. Users can choose different stages according to their income.
In fact, in addition to credit card installment repayment, banks also provide cardholders with the minimum repayment amount. This repayment method is low for users, but it is used.
Users can't enjoy the interest-free period for all their previous consumption, and charge interest from the consumption date, which is what everyone needs to pay attention to.
Many banks have made detailed provisions on the conditions of credit card installment. For example, the installment amount of CCB must be above 300 yuan, and the installment amount cannot exceed 90% of the current bill; The minimum installment amount of Huaxia Credit Card is 100 yuan or 15 USD.
Not all the amounts in the credit card bill can be paid in installments, such as cash withdrawal, fees, interest and installment payments in the bill, and transactions designated by the bank. , cannot be paid in installments; Users' staging shows that cardholders spend too much, so they must exercise restraint in subsequent consumption.
Comparison of credit card installment fees among banks;
1, Bank of China
Generally, 600 yuan will start by stages, and a one-time handling fee will be charged for the first phase;
It can be divided into: 3, 6, 9, 12, 18, 24;
The installment fees are 1.95%, 3.6%, 5.4%, 7.2%,1.7% and 15% respectively.
2. Industrial and Commercial Bank of China
The down payment is RMB 600 yuan, HKD 600 yuan, USD 100, EUR 100, JPY 6,000, GBP 100, Canadian 100, Singaporean 100 and Australian 100.
Series: 3, 6, 9, 12, 18, 24;
Handling fees: 1.47%, 2.28%, 4.05%, 5. 16%, 7.38%, 9.36%.
3. Agricultural Bank of China
You can apply for a single RMB consumption in 500 yuan, US dollars and euros, and in 50 yuan; Five stages can be freely selected, and non-24-stage customers can also enjoy an opportunity to extend the number of stages;
Series: 3, 6, 9, 12, 18, 24;
A handling fee of 0.6% of the installment principal is charged for each installment.
4. China Construction Bank
Bill installment refers to the period from the next day of the billing date to the final repayment date when the cardholder applies for installment repayment of a certain amount of RMB consumption that has been booked (only once every 30 days).
The minimum application amount is 500 yuan RMB, and the maximum application amount does not exceed 90% of the total RMB consumption in the bill (excluding cash withdrawal, installment payment and other transactions stipulated by the bank).