In theory, as long as it is overdue, the bank can immediately hang up the account; But in fact, banks will not be so ruthless, and most banks will give cardholders some grace.

1, capacity is overdue.

In other words, if the cardholder fails to repay in time on the due date, there is a grace period, and there will be no penalty interest and it will not be uploaded to the credit information system. But if you don't pay back the money after the grace period, it is likely to be uploaded to the personal credit information system.

Of course, the grace period of each bank is different. Most banks are three days (this is a natural day, not a working day), and the grace period for repayment provided by banks such as Bank of China, China Merchants Bank, Minsheng, China Everbright, Ping An, CITIC, Shanghai Pudong Development Bank, Xingye and Huaxia is three days. The grace period of CCB can be up to 5 days, that of ABC ranges from 3 days to 9 days, that of ordinary and gold card customers is 3 days, and that of platinum card customers is 9 days. China Industrial and Commercial Bank, the largest bank in the universe, has no grace period, as long as it is one day late.

2. Tolerance is out of date

The so-called tolerance means that the cardholder fails to repay in full in the current period, and if the unpaid part in the account is less than or equal to a certain amount after the due repayment date, it is deemed that the cardholder has repaid in full, and the unpaid amount is automatically transferred to the next bill, and this situation is not recorded in the bad credit report.