1. How long is the interest-free period of China Merchants Bank Credit Card?

The longest interest-free period of China Merchants Bank Credit Card can be 50 days, and the shortest is 18 days; the interest-free period is a period owned by the cardholder. After swiping the card for consumption, you can enjoy interest-free as long as you repay on the repayment date specified by the bank. If you repay beyond the date specified by the bank, interest will be charged, and it will also have an impact on your personal credit.

When enjoying the interest-free period of your credit card, you must pay attention to two dates, namely the billing date and the repayment date; the statement date can be simply understood as the summary of last month's consumption; the repayment date is the bank's requirement The day of repayment; you can enjoy the longest interest-free period by swiping your card on the second day of the billing date. You can pay attention to this when swiping your card. It is best to arrange your daily purchases after the billing date.

When using a credit card, it is best to repay on time. If you cannot repay in time, the bank will give the cardholder a grace period of about 3 days for repayment. Different banks have different regulations. Please pay attention. : There is no grace period for ICBC credit cards, and you must repay after the expiration date; if you still cannot repay within the grace period, you can consider bill installments at this time, and a certain handling fee will be charged.

The consequences of overdue credit card repayment are very serious. First, there will be penalty interest. Secondly, the overdue records will be uploaded to the credit report. The bad credit report records will be kept for 5 years. Subsequent applications will be made. The lending bank will refuse the loan, so in order not to affect your subsequent life, you must repay the loan on time.

Many people prefer the credit card model of spending first and repaying later. However, many people cannot control their consumption desires when consuming, resulting in the inability to repay in time after consumption, which ultimately brings a lot of trouble to themselves. , here it is recommended that you must exercise restraint and consume rationally when using credit cards.

2. How long is the interest-free period for China Merchants Bank credit cards?

The interest-free period for China Merchants Bank credit cards is between 20 and 50 days.

Consumption with a China Merchants Bank credit card on the statement date will be calculated into the next statement, so consumption on the statement date can enjoy the longest interest-free period, and consumption on the day before the statement date can enjoy the shortest interest-free period. interest period.

There are multiple bill dates for China Merchants Bank credit cards, namely: 2nd, 3rd, 5th, 6th, 7th, 8th, 9th, 10th, 12th, 14th, No. 15, 16, 17, 18, 19, 20, 21, 22 and 25. The repayment date for CMB credit cards is 18 days after the statement date. If your statement date is the 2nd, then the final repayment date is the 20th.

3. How to use the interest-free period of China Merchants Bank credit card?

If it is a China Merchants Bank credit card, you can enjoy the interest-free period for swiping the card. The interest-free period means that if you pay off all the consumption before the final repayment date, you do not need to pay any interest. The interest-free period for repayment ranges from 20 to 50 days, and the length of time will depend on the specific time of your consumption.

If your consumption is before the current bill date, it will be included in the current bill; if it is after the bill date, it will be included in the next period's bill, and you can enjoy a longer interest-free period.

For example: the bill date is the 10th, the payment date is the 28th, the card payment is made on November 9th, the bill is issued on November 10th, the payment is made before November 28th, and the full payment can be made from 9th to the 28th. , enjoy the interest-free period.

4. How many days is the interest-free period for China Merchants Bank’s credit card?

First of all, remember the billing date of your credit card, which is fixed every month.

Consumption on the bill date will be included in the shortest interest-free period for the current bill;

Remember: No matter which day the bill date falls, as long as the consumption is on the day after the bill date, the interest-free period will be the shortest. Enjoy the longest interest-free repayment period.