hello, if the cardholder fails to pay off the minimum repayment amount of the previous bill before the due repayment date (inclusive), our bank will collect the corresponding late payment fee according to the Credit Card Regulations of China Merchants Bank.

the late payment fee is calculated at 5% of the unpaid part of the minimum repayment amount, and the minimum payment is RMB 1 yuan or US$ 1 yuan.

Cyclic interest, each consumption amount of the last bill is the interest-bearing principal, and the interest-bearing days are from the bookkeeping date of the account to the payment date of the account, and the interest rate is five ten thousandths of the daily interest.

the cardholder's billing date is the 7th day of each month, and the card consumption is RMB 2, on April 1st, and this consumption is recorded on April 2nd. On April 7th, the bill will show that the "payable amount in this period" is RMB 2,, and the "minimum repayment amount" is 2 yuan. If the cardholder only repays 2 yuan on the due repayment date of April 25th, the interest to be paid as of that date will be shown on the bill on May 7th, that is, the interest of 2 yuan revolving credit principal for 23 days and the interest of 18 yuan remaining after repayment for 13 days: 2 yuan ×.5%×23 days (April 2nd-April 24th) +18 yuan × .5% ×.

You can consult any information you want about China Merchants Bank's credit card service online through QQ or WeChat. Method 1: Search for 4825555 among QQ corporate friends, and add China Merchants Bank Credit Card Center as friends; Method 2: Search for the number "cmb4825555" on WeChat and pay attention to China Merchants Bank Credit Card Center.