Credit card cash advance will charge handling fees and interest (including our or other banks' ATMs, counters, online banking and telephone cash advances): Handling fee: Domestic RMB is calculated as 1 per transaction, with a minimum charge of RMB 10/transaction, overseas (including Hong Kong, Macao, and Taiwan) are calculated as 3 per transaction, and the minimum charge is ￥30/transaction or $3/transaction (the minimum overseas transaction for AE Platinum and Black Gold is $5). Interest: Cash advances do not enjoy interest-free repayment. Interest will be charged at a daily interest rate of 5/10,000 from the transaction date to the repayment date, and compound interest will be charged on a monthly basis. Warm reminder: 1. Only handling fees will be charged for withdrawing multiple deposits from your credit card. 2. There is no charge for just activating the cash advance function. 3. The first cash advance in each natural month for YOUNG Card Youth Edition, GQ co-branded credit card, Weibo Master Card and City Theme Series Gold Card is free of charge (interest will be charged as normal). 4. Cash withdrawals can be made in the same city or in different places, and no inter-bank handling fees are charged.
From the perspective of consumption patterns, our bank currently has shopping installments during consumption and billing installments after consumption:
1. Shopping installments: choose installments through our bank’s special merchants Payment method to purchase specified goods or services. For the specific charging standards of installment payment and applicable merchants, you can log in to our credit card website/ and click "Instalment Payment Shopping" to inquire;
2. Bill installment (only for those holding commercial cards and official cards (including Cardholders of fiscal and official cards, purchasing cards, ANA guaranteed cards or supplementary cards cannot apply): If the merchant you shop at is not a special merchant of our bank, you can apply for bill installment after consumption. Bill installment is a new financial management function launched by our bank's credit card, which can help you repay the consumption amount in your bill in monthly installments. Whether the application for bill installment is passed or not will be subject to the comprehensive evaluation result of our bank's credit card center. For details, please log in to the credit card website/ and click "Credit Finance" - "Bill Installment" to inquire.
If you fail to repay the minimum payment on your bill in time before the payment due date, late payment fees and interest will be charged, and your personal credit will be affected. The late payment fee is 5% of the unpaid portion of the minimum repayment amount, with a minimum charge of RMB10 yuan or USD1 yuan. Interest will be charged on all consumption in the current period starting from the recording date (usually the next day after consumption), with a daily interest rate of 0.5% until you pay it off in full. In order to avoid affecting your personal credit, it is recommended that you repay the bill on time. If it is inconvenient to pay off the bill in full, please pay off at least the minimum repayment amount on time.
Generally, you normally use your card to spend money, and after repayment Just repay on time every day.
If you have any questions about other China Merchants Bank credit cards, please search "4008205555" in QQ business friends and add "China Merchants Bank Credit Card Center" as a friend; or search the number "cmb4008205555" in WeChat Follow "China Merchants Bank Credit Card Center" for consultation. Thank you for your attention and support to China Merchants Bank!