1. If it is a China Merchants Bank credit card, if there is no debt, you can repay the credit card more, or after binding the credit card for automatic repayment, make manual repayment on the repayment date. This overpayment will be The amount of the repayment can be used by credit card, online payment, etc. or the overpayment can be claimed after 2 days of repayment.

2. If your credit card has a balance, the transferred amount will automatically be deducted from the credit card balance.

3. To claim back the overpayment of the credit card, the charges include:

1. Free of charge through the Palm Life client;

2. For manual redemption over the phone, the handling fee is 0.5 of the amount claimed, with a minimum of RMB 5 or US$1 per transaction. Currently, our bank has launched a discount, with a maximum charge of RMB 50 or US$10 per transaction;

3. Cash advance handling fees will be charged for withdrawing excess payment through cash advance channels;

4. For commercial card holders, it is free to receive the all-in-one bank card back to you.

(Response time: February 26, 2020. For the latest business changes, please refer to the official website of China Merchants Bank.)