The calculation method of repayment date of credit card is relatively simple. First of all, if your billing date is the 12th of each month, then the longest interest-free period will usually be from the 13th day after the billing date to the 5th of the next month, during which consumption will enjoy interest-free treatment.

as for the shortest interest-free period, if you spend money on the day of the billing date, the repayment date will be set on the 5th of the following month, and you will not enjoy interest-free discount during this period. It should be noted that this is the theoretical minimum term, and the actual bank may be different.

the due date of credit card repayment refers to the deadline when the bank requires the cardholder to repay the amount owed by the bill. After the bill is issued, you need to pay off all the consumption before the due repayment date, otherwise, the bank will charge interest and late fees from the time of overdue. For example, the credit card billing date of Bank of Communications is 1 days, and the bill on May 1 needs to be paid off before June 4 to avoid extra expenses.

if it is really impossible to repay in full on the repayment date, you can choose the minimum repayment amount, that is, 1% of the total cost. Although there will be no interest-free period, it can avoid damage to personal credit. Remember, reasonable planning and timely repayment are the keys to maintaining good credit of credit cards.