Grace period of industrial and commercial credit card

How many days is the grace period of ICBC credit card?

The grace period of ICBC credit card is three days.

There will be penalty interest for overdue ICBC credit cards. The longer the time, the more penalty interest, and the bank will charge it after the deadline.

If it is overdue, you can negotiate repayment with the bank.

Article 70 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks stipulates that under special circumstances, if it is confirmed that the amount of credit card arrears exceeds the cardholder's repayment ability and the cardholder is still willing to repay, the issuing bank can negotiate with the cardholder on an equal footing and reach a personalized installment repayment agreement. The longest term of personalized installment repayment agreement shall not exceed 5 years.

The contents of personalized installment repayment agreement shall at least include: balance of arrears, structure and currency; Term, method, currency, date and repayment amount of each installment; Whether to charge annual fees, interest and other fees during the repayment period; Before all the relevant funds in the personalized installment repayment agreement are settled, the cardholder shall not apply to any bank for a credit card commitment; Rights, obligations and liabilities for breach of contract of both parties.

The relevant requirements for agreed repayment are as follows:

1. When the cardholder proposes a transaction that is not authorized by himself, such as a fake card transaction or a stolen account, the card issuer shall promptly instruct the cardholder to keep the evidence, handle the error dispute according to the relevant rules, and regularly feed back the processing progress to the cardholder. Card issuers are encouraged to make reasonable compensation for cardholders' losses in accordance with the law through commercial insurance cooperation and provision of risk compensation funds, so as to effectively protect the legitimate rights and interests of cardholders.

2. The credit card overdraft interest rate is subject to upper and lower limit management. The upper limit of the overdraft interest rate is five ten thousandths of the daily interest rate and the lower limit is 0.7 times of the daily interest rate. The calculation method of credit card overdraft interest, whether to calculate and pay interest on credit card overpayment and its interest rate standard shall be determined by the card issuer independently.

Industrial and Commercial Bank of China (Asia) will continue to develop diversified banking and financial services, including various deposits and loans, trade financing, remittance, liquidation, industrial and commercial loans, syndicated loans, import and export bills, China business consulting and financing, securities business, gold trading brokerage services and insurance agents.

On August 5th, 2065438+0/KLOC-0, China Industrial and Commercial Bank announced that it had reached an agreement with South African Standard Bank on the transaction of 80% equity of Argentine Standard Bank and its two affiliated companies (a fund management company Standard Investments). A and a business service company, Inversoradiagonals.A), and on August 8, 20 1 1. The two parties will then go through the regulatory approval procedures. After the transaction is completed, ICBC will be responsible for the operation and management of Standard Bank of Argentina and its affiliated companies.

How many days is the grace period for industrial and commercial credit cards?

The grace period of ICBC credit card is 3 days.

China Industrial and Commercial Bank Co., Ltd. is a well-funded, advanced management, experienced and internationally renowned joint-stock commercial bank. It has been ranked among the 65,438+0,000 largest banks in the world by British Banker magazine for five consecutive years, the best bank in China by American Global Finance magazine for three consecutive years, and the best mainland commercial bank in China by Hong Kong Asian Currency magazine for two consecutive years.

After 265,438+0 years of development, total assets, total capital, core capital, operating profit and many other indicators rank first in the same industry in China, which has unparalleled advantages in China's financial market. Formerly known as "Industrial and Commercial Bank of China", it has a historical accumulation that other domestic commercial banks do not have, and was successfully listed in Shanghai and Hongkong in 2006.

Handling RMB deposits and loans; Interbank lending business; Settlement at home and abroad; Handle bill acceptance, discount and cash transfer; All kinds of exchange business; Settlement of agency funds; Providing letter of credit services and guarantees; Acting sales business; Acting as an agent to issue, underwrite and honor government bonds;

Collection and payment service; Acting as an agent for securities business in fund settlement (bank-securities transfer); Insurance concurrent agency business; Acting as an agent for loan business of policy banks, foreign governments and international financial institutions; Safe deposit box service; Issuing financial bonds; Buying and selling government bonds and financial bonds; Securities investment funds and enterprise annuity custody business; Enterprise annuity entrustment management service and annuity account management service;

Registration, subscription and redemption of open-end funds; Credit investigation, consultation and witness business; Loan commitment; Providing financial consulting services for enterprises and individuals; Organize or participate in syndicated loans; Foreign exchange deposits; Foreign exchange loans; Foreign currency exchange; Export collection and import collection; Acceptance and discount of foreign exchange bills; Foreign exchange loans; Foreign exchange guarantee; Issuing, acting as an agent for issuing, buying and selling or acting as an agent for buying and selling foreign currency securities other than stocks;

Self-operated and valet foreign exchange transactions; Foreign exchange financial derivative business; Bank card business; Telephone banking, online banking and mobile banking; Handling foreign exchange settlement and sale business; Other businesses approved by the State Council Banking Regulatory Authority.

How many days is the grace period for industrial and commercial credit cards?

ICBC provides a 3-day grace period for repayment of designated credit cards (such as Star Card and Struggle Card). ), while other credit cards do not enjoy grace period treatment.

Repayment within the grace period is regarded as timely repayment by the cardholder. If the cardholder fails to repay the loan within the time limit, ICBC will report the overdue behavior of the credit card holder to the credit information system of the central bank. However, unlike the "full penalty interest" method of other banks, ICBC charges interest according to the unpaid part, and the paid part no longer bears interest.

After the cardholder repays within a certain period of time after the due repayment date, he can reduce the corresponding interest and late payment fee after applying to the credit card center, and will not be recorded in the bad credit record by the bank. This period of time has become a grace period for credit cards.

According to the regulations of the bank, once the cardholder fails to return the corresponding amount after the final repayment period, the cardholder needs to pay the corresponding interest and late fees, and may be entered into a bad credit record by the bank. However, there are many non-subjective reasons that can't be controlled in the actual operation. For example, the customer who automatically binds repayment failed to repay due to the failure of the banking system, and used other repayment methods to repay, but the repayment amount on the last repayment date has not been recorded. These non-subjective reasons have long been the grace period of credit cards. The cardholder can call the credit card center to explain the situation after the above situation, and the customer service specialist of the credit card center will reduce the relevant fees for you according to the actual situation. The grace period of credit cards is generally 2 to 3 days. Please pay special attention to card friends, try to repay in advance to avoid all kinds of troubles caused by overdue repayment.

Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits. Credit card consumption is a non-cash transaction payment method, and there is no need to pay cash when spending, and repayment is made on the billing day. Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.

How many days is the grace period of ICBC credit card?

A three-day grace period for repayment.

The bank has a repayment grace period of about 3 days for credit card users. Repayment within the grace period is not overdue. If the credit card is overdue for three consecutive times, accumulated for six times or fails to repay for a long time, it will leave a bad record in the credit report.

Personal bad credit records will be kept for 5 years. After five years, the new credit record will gradually replace the original negative record. Whether it's mortgage, car loan, or traveling by plane or high-speed rail. The relevant units will check the personal credit report when approving. If the client is found to have a bad credit record, his consumption or application will be rejected.

Extended data:

1. The repayment grace period is mainly to solve the problem of non-malicious temporary arrears caused by some customers' temporary business trips or special circumstances. Usually, banks will give this supporting preferential scheme to their high-quality customers.

2. The grace period repayment method is characterized in that according to the "Pre-sale Agreement" signed with the developer, the bank allows the customer to return only the current interest of the loan amount before moving in; After moving in, the principal and interest will be repaid in the same way as in the average capital.

3. Grace period The advantage of this repayment method is that it reduces the repayment pressure after paying the down payment. At this stage, many domestic banks also adopt this repayment method.