1. How to apply for and use the temporary limit of China Merchants Bank credit card? It is usually dynamically adjusted by the bank based on the cardholder’s card usage and repayment status. The first temporary limit is generally issued after three installments of bills are issued. If there is no temporary limit, you can actively apply to the bank through the phone or the Palm Life App, but the result is subject to the bank's approval.
2. How to use the temporary limit of China Merchants Bank credit card? The temporary quota and the fixed quota will be superimposed together and can be used by swiping the card for consumption and cash withdrawal. After the fixed quota is used up, the excess used is the temporary quota. After the temporary quota is used, no fees will be charged, and you only need to repay it on time.
3. How to repay the temporary limit on China Merchants Bank’s credit card? 1) The repayment time is not based on the billing date of the credit card, but is based on the credit card billing date, instead of waiting for expiration. The payment needs to be made before the end of the last payment date of the current bill. 2) The repayment amount. The temporary limit used will be included in the minimum repayment amount of the current bill. It cannot be paid in installments or the minimum repayment amount. It must be repaid in one go. If you don't know how much you have to repay, wait until the credit card bill comes out and repay according to the amount shown on the bill, as long as it is no less than the minimum repayment amount. The above is the relevant introduction on "How to use the temporary credit limit of China Merchants Bank Credit Card". The last thing to remind is that the temporary limit of the credit card must be used within the validity period, and it will automatically expire when it expires.