The grace period for China Merchants Bank credit card repayment is 3 days after the repayment date. Users need to complete the repayment before 24:00 on the third day of the grace period. If the repayment exceeds this time point, or the funds have not arrived after this time point, China Merchants Bank will treat the user as overdue repayment. Late repayment will generate overdue records and overdue interest, and will have a negative impact on personal credit.

The grace period for China Merchants Bank credit card repayment is 3 days. Repayments within the grace period are deemed to be repaid on time, with no interest or penalty, and will not affect personal credit.

You can enjoy the grace period of China Merchants Bank credit card repayment date without applying, but it is still recommended that you repay before the repayment date, which will help maintain good personal credit.

Credit cards generally have a statement date. According to China Merchants Bank regulations, the 18th day after the statement date is the final repayment date.

1. When a credit card is overdue, banks may not necessarily make collection calls. For early overdue behavior of cardholders, the overdue time is within 7-15 days, and collection is mainly done through text messages. If the cardholder is overdue for more than 30 days or for more than one billing period, the bank will call to collect and remind the repayment through phone calls. However, this call is usually made directly to the cardholder, not to the cardholder's home. people.

2. As for how long it will take to call family members overdue, usually the bank will only call the cardholder after the cardholder is overdue for more than 30 days, and the bank has failed to collect the payment and cannot contact the cardholder. The family can find a breakthrough here, that is, call the family and ask the family to tell the cardholder to repay the card as soon as possible. However, some banks will also ask the cardholder's family to repay the card for the cardholder.

3. Especially for the spouse of the cardholder, the bank may require the other party to repay the cardholder, and this behavior is permitted by law. The property acquired during the marriage relationship belongs to both husband and wife jointly, and correspondingly, the debts incurred are also jointly borne.

4. In addition, the cardholder’s overdue behavior will also affect the spouse’s credit report. If one of the couple has been overdue, it may be in trouble when applying for a loan to buy a house or a car in the future. affected.

Legal basis:

"Measures for the Supervision and Administration of Credit Card Business of Commercial Banks"

Article 70: Under special circumstances, it is confirmed that the amount owed by a credit card exceeds the amount of credit card holders. If the cardholder's ability to repay the card is insufficient and the cardholder is still willing to repay, the card-issuing bank can negotiate with the cardholder on an equal footing to reach a personalized installment repayment agreement. The maximum term of a personalized installment agreement shall not exceed 5 years.

The contents of the personalized installment repayment agreement should at least include:

(1) The balance, structure and currency of the debt;

(2) Repayment Cycle, method, currency, date and repayment amount of each period;

(3) Whether annual fees, interest and other fees will be charged during the repayment period;

(4) Holding The cardholder shall not apply for a credit card commitment from any bank before all amounts related to the personalized installment agreement have been settled;

(5) Rights, obligations and liability for breach of contract of both parties;

(6) Other matters related to repayment.

If both parties reach an agreement and sign an installment repayment agreement, the card-issuing bank and its card-issuing business service agency shall stop collecting payments from the cardholder, unless the cardholder fails to fulfill the installment repayment agreement. If an oral repayment agreement is reached, the card-issuing bank must retain the recording materials. The recording data will be retained at least until the date of settlement of the debt.