When the amount deposited into a credit card exceeds all outstanding balances in the account, the excess amount is called "overpayment" and will be automatically deducted from subsequent credit card purchases. Cardholders can also call China Merchants Bank's credit card service hotline to claim back the overpayment by transferring funds to a debit card in their name. The account name and ID number of the debit card used must be consistent with that of the credit card. Overpayments in US dollars can only be claimed with the China Merchants Bank All-in-One Card. Ways to get it back: Call the credit card service hotline, verify your identity, and press 9 to be transferred to a customer service specialist. Handling fee for overpayment recovery: 0.5% of the amount recovered, minimum RMB 5 or US$1, maximum RMB 50

China Merchants Bank Credit Card:

China Merchants Bank Credit Card Center Adopting nationwide centralized operations, it is the first credit card center in China that operates independently in full compliance with international standards, truly realizing integrated and professional credit card services. While refreshing credit card records one by one, China Merchants Bank Credit Card adheres to the service concept and innovative spirit of "changing because of you", actively explores the market, expands market alliances, and deepens market segmentation. The functions and services of credit cards are increasingly enriched and improved. It is China's One of the most innovative joint-stock commercial banks. Since the launch of the credit card business at the end of 2002, it has been the first to launch the "swipe a card to buy air tickets and receive millions of dollars in aviation insurance", the first to launch the "overseas consumption, repayment in RMB" business, and is the first to launch the credit card interest-free installment business ahead of its peers, and has become the leader in the industry. It was the first to launch functional innovative measures such as "SMS transaction reminder" and "Lost Card Protection".

What is a credit card?

It is a specially-made carrier card with consumer credit issued by commercial banks to individuals and organizations, which can be used to shop and consume with special organizations and deposit and withdraw cash from banks. It is in the form of a card with the card issuing bank printed on the front. Name, validity period, number, cardholder name, etc., cards with magnetic stripes and signature strips on the back...

A real credit card has the following characteristics: Pre-depositing cash is not encouraged, consumption first You can repay later, enjoy an interest-free payment period, and be able to repay in installments (with a minimum repayment amount). Join VISA, MASTER and other international credit card organizations for global use.

Consumption characteristics of credit cards:

In fact, everyone is already familiar with the consumption characteristics of credit cards. Take telecommunications products as an example. Generally, debit cards/savings cards are like "Travel to China". You need to deposit cash in advance, and you can spend as much as you deposit. If you don't have money, you can't make a call; if you don't have money on the debit card, you can't withdraw cash or swipe the card.

A credit card is like a regular landline phone at home.

Pre-depositing cash is not encouraged (you cannot pay a month’s phone bill to the telecommunications bureau first).

Credit consumption ( Nowadays, there is generally no deposit required for phone installation),

Consumption first and then repayment (the phone bill in July will be paid after receiving the bill in August),

Enjoy free Interest period (there is still a period of time to pay after the bill is received).

The only thing that cannot be compared with landline phones is that there is no minimum payment.