Is there a grace period for ICBC credit cards?

Many cardholders have applied for ICBC credit cards. When using them, the final repayment date may be missed for various reasons, but many banks will provide a grace period for repayment. Is there a grace period for ICBC credit cards?

1. The answer is yes, but only for some new cards. For example, Chejia Card, China Resources Co-branded Card, Anbang Plus Credit Card, World Struggle Card, Cosmic Constellation Card, Military Soul Card, Teacher Card, Minions Card and Zodiac Card.

2. Although "China Bank Card Industry Self-discipline Convention" requires banks to provide time tolerance service for customers, it is only a self-discipline document and has no binding force. Therefore, ICBC does not fully provide time tolerance services.

3. The longest interest-free period provided by ICBC credit card is 56 days, which is 6 days longer than the 50-day interest-free period commonly used in the industry, and it has taken a long time to repay.

In short, regardless of whether the card type has a grace period or not, it is best for cardholders with ICBC credit cards to sign an automatic repayment agreement and set a repayment reminder 1-2 days in advance to avoid affecting their personal credit.