Hello! If it is a CMB credit card and you use the CMB credit card for online payment or POS consumption, there will be an interest-free period of 20-50 days. Please repay the amount in full before the final payment date according to the amount shown on the bill, without interest.

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 not convenient to pay off the bill in full, please pay at least the minimum repayment amount on time.

Chinese Merchants Bank credit card cash advance will incur corresponding fees and interest. Handling fee: The handling fee for domestic RMB cash advances is 1% of the amount of each cash advance. The minimum charge is RMB 10 per transaction. The handling fee for overseas (including Hong Kong, Macao and Taiwan) cash advances is 3% of the amount of each cash advance. Calculating the handling fee, the minimum charge is ￥30 yuan or $3 USD per transaction. Interest: Cash advance transactions do not enjoy interest-free repayment treatment. 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. Compound interest, that is, the interest accrued last month, will also be calculated as interest. The cash advance limit is set based on your card usage. It is included in the credit limit of your credit card. The cumulative amount of cash withdrawals generally does not exceed 50% of your credit limit. For specific limits, please call the 24-hour customer service hotline of your credit card. In addition, according to the relevant regulations of the People's Bank of China, the daily limit for cash withdrawals with our bank's credit cards (except cards with special regulations, such as most financial and official cards) through UnionPay lines is RMB 2,000 or the equivalent in foreign currency. The cumulative daily cash withdrawal amount for each account overseas through non-UnionPay lines shall not exceed the equivalent of US$1,000, the cumulative amount within one month shall not exceed the equivalent of US$5,000, and the cumulative amount within six months shall not exceed the equivalent of US$10,000.

Cash withdrawal transactions accrue compound interest on a monthly basis, that is, the interest accrued last month will also be recalculated. For example: you withdrew RMB 1,000 in cash last month, with a handling fee of RMB 10 and an interest of RMB 15. If you repaid RMB 1,025, the interest will be calculated based on RMB 15 as the principal next month until it is paid off. Our bank will also calculate interest (compound interest) on the interest generated by withdrawing cash. When you withdraw cash, you will generally pay interest in three periods. The first period: the period from the date of your withdrawal to the statement date, the second period: the period from the date of your statement to the date of repayment. The third period: It is compound interest. For the specific interest, please refer to the amount on the bill in each period.

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