Current location - Trademark Inquiry Complete Network - Overdue credit card - Will CMB’s credit card be automatically deducted every month after binding it to CMB’s savings card?
Will CMB’s credit card be automatically deducted every month after binding it to CMB’s savings card?

After binding a savings card, China Merchants Bank will automatically deduct money from the card every month.

Notes on automatic repayment of China Merchants Bank credit cards are:

1. The automatic repayment method associated with the one-card card can only be used as the repayment of the credit card with the all-in-one card of the main credit card holder. account, and the ID number and account name of the all-in-one card and the credit card must be exactly the same;

2. You can choose a RMB or US dollar repayment account. The RMB repayment account must be a current account, and the US dollar repayment account can be Choose a U.S. dollar current cash account or a U.S. dollar current account;

3. For the automatic repayment amount associated with the card, you can choose full repayment or the minimum repayment amount;

4 . After the automatic repayment function associated with the one-card card comes into effect, the account number for automatic repayment associated with the one-card card will be listed on the statement of the month. China Merchants Bank will deduct the credit card account for the month from the designated account on the due repayment date. There is no need to do it yourself. For repayment, the cardholder should check whether the account balance is sufficient before the repayment date to avoid delays in payment;

5. When the account balance is insufficient, the account balance will be deducted to RMB, and the remaining balance will not be replenished separately. The cardholder will repay the money by themselves into the credit card account;

6. At the same time, the function of purchasing foreign exchange for repayment is set up and the automatic repayment is associated with the one-card card for the U.S. dollar account. For RMB payments, priority will be given to purchasing foreign exchange to repay the U.S. dollar bill. The difference between the US dollar bill amount and the agreed foreign exchange purchase amount will be deducted from the All-in-One Card US dollar account.