If a China Merchants Bank credit card is overdue for more than three days, it will be reported to the central bank’s credit record.

Generally speaking, China Merchants Bank’s regulations on credit card overdue are as follows:

1. China Merchants Bank has a three-day time tolerance, but you need to apply with China Merchants Bank’s customer service in advance. And it needs to arrive at 20 points on the third day;

2. If the grace period of three days is exceeded, it will be regarded as overdue repayment;

3. Once the card is held, If a person is overdue, it will be recorded in the credit reporting system for five years. Within five years, the credit reporting record will exist and be used as a reference item for banks to issue loans.

In addition, there are remedies for overdue China Merchants Bank credit cards. Generally speaking, there are the following situations:

1. If the expected debt is caused by forgetting the repayment date, the final Fortunately, you should repay the loan in full immediately after discovering it, and communicate with the bank staff in a timely manner to state that you do not owe money maliciously. If the cardholder has never been overdue before, there is still a chance of successful redress;

2. If unfortunately there is an overdue record in the credit reporting system, it is best to continue to use the credit card after paying off the debt instead of canceling it immediately. This way, it is possible to cover the bad records in the past with good consumption records.

The ways to maintain a good personal credit report are as follows:

1. Do not have overdue payments, whether it is credit card repayments after swiping the card for consumption or mortgage repayments. Be careful not to overdue repayments. Once overdue, not only penalty interest will be incurred, but the consumption record will also be saved in the personal credit system;

2. Do not use sleep cards Too many people always think that after applying for a credit card, it will not have any impact if they don’t activate it or use it. But in fact, if the credit card you apply for is not activated, as long as the credit card is approved and the card is opened or not, it will be recorded in the cardholder's personal credit system. If you want to apply for a credit card from this bank in the future, it will have some impact;

3. Don’t default on living payments. The new version of the personal credit system has been launched. All kinds of water and electricity bill payments and telephone bill payments in daily life are all recorded in the personal credit record.