After the Minsheng Bank credit card is suspended, you need to repay the outstanding balance as soon as possible, and then call the Minsheng Bank customer service hotline 95568 to apply for restoration of the card status. Whether it can be restored is subject to the review result. Due to overdue freezing, the cardholder's credit report will be affected.

Do not cancel the card at this time. Canceling the card means that the bad record will always be there, and the bank will question your integrity, which will have a negative impact on your future application for other credit cards or loans. Unfreeze the card and maintain good and continuous consumption records for 24 months, so that it will not be affected when you apply for other credit cards, or apply for car loans or home loans in the future.

Extended information:

Minsheng Bank Credit Card Interest and Fees

(1) After the credit card is activated, the cardholder shall pay the annual fee for the year after activation. It refers to 12 months from the card verification date as one year. Each year's annual fee is included in the amount payable for the corresponding billing period that year.

(2) For cardholders’ non-cash advance transactions, the period from the accounting date to the last repayment date (inclusive) is the interest-free repayment period. If you repay all the repayable amount within the interest-free repayment period, you do not need to pay overdraft interest on the card consumption transactions in the current period. The interest-free repayment period is up to 51 calendar days, and the Bank may adjust it within the scope permitted by relevant financial regulations.

If the cardholder fails to repay in full before (inclusive) the due repayment date, all transactions will not enjoy the interest-free repayment period; the repaid portion will be charged to the account at the overdraft interest rate. Interest accrues from the date of repayment to the repayment date, and the unpaid portion will continue to accrue interest at the overdraft interest rate from the accounting date.

(3) The upper limit of the overdraft interest rate is 0.5% of the daily interest rate, and the lower limit of the account overdraft interest rate is 0.7 times the daily interest rate of 0.5%; the corresponding annualized interest rate upper limit is 18.250, and the lower limit is 12.755 (subject to The actual annual interest rate may be different from the above-mentioned annual interest rate due to factors such as the number of days in the month and the different repayment status of the cardholder.)

The actual interest rate applicable to the cardholder is confirmed by the Bank based on the cardholder's credit status. The Bank has the right to adjust the credit card interest rate standards in accordance with the interest rate policy of the People's Bank of China and notify the cardholder.

(4) Cardholders who choose to repay with the minimum repayment amount can repay the Bank with an amount not less than the minimum repayment amount before (inclusive) the last repayment date of the current period. If you choose the minimum repayment method for repayment, all transactions will not enjoy the interest-free repayment period. The repaid portion will be charged interest from the accounting date to the repayment date based on the overdraft interest rate, and the unpaid portion will be charged at the overdraft interest rate from the accounting date. Continuous interest accrual.

If the cardholder fails to repay the minimum repayment amount in full before (and including) the final repayment date, in addition to overdraft interest, he shall also pay liquidated damages.

The minimum repayment amount of each period is the sum of the following parts: 100 of the unpaid portion of the previous period’s minimum repayment amount; 100 of the over-limit portion; 100 of installment funds; other unpaid consumption amounts within the credit limit and 10 for the cash advance (varies with the minimum repayment ratio); 100 for all other amounts payable.

If the overdraft balance of the current bill is less than the sum of the above amounts, the minimum repayment amount will be limited to the overdraft balance of the current bill. If a cardholder holds two or more credit cards from the Bank at the same time, the minimum repayment amount for each period is the sum of the minimum repayment amounts of each card he holds. Our bank has the right to adjust the minimum repayment ratio of the credit card under the customer's name based on the customer's overall performance of the card, and the details are subject to the bank's notification.

China Minsheng Bank-China Minsheng Bank Credit Card (Personal Card) Application Agreement