Take China Merchants Bank as an example:
Consumption on the credit card bill date of China Merchants Bank must be repaid before the next repayment date.
China Merchants Bank credit card repayment date: 18 days after the China Merchants Bank credit card statement date is the interest-free repayment date. The cut-off date for recorded credit card transactions in each billing period is called the "Billing Date." The due date for repayment is generally around the 18th day after the bill date (as shown on the bill). The repayment grace period is 3 calendar days after the due payment date.
The billing dates of different cardholders may be different. For example, if the billing date is the 25th of each month, then each bill will record all transactions entered from the 26th of the previous month to the 25th of this month. The corresponding last search repayment date is the 13th of the following month. Consumption on the 25th is generally not recorded until the 26th, and will be included in the next period's bill.
The interest-free period refers to the cardholder repaying all the repayment amount before the due repayment date (inclusive). Consumer transactions that can enjoy interest-free treatment are from the bank recording date to the due repayment date. the time period in between. If the cardholder has insufficient repayment in the current period, and the unpaid amount does not exceed 10 yuan or 1 US dollar, no additional interest and late payment fees will be charged for consumer transactions that can enjoy interest-free treatment.
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The bank has a variety of repayment methods:
Quick repayment on Palm Life
Use China Merchants Bank’s “Pocket Life” "Client, you can check bills and make quick repayments anytime and anywhere. It now supports free inter-bank repayments from ICBC, ICBC, China Construction Bank, China Postal Savings Bank of China, Postal Savings Bank of China, etc., and can restore the limit in real time, which is convenient and considerate.
2. Quick repayment through mobile banking
Go to m.cmbchina.com on your mobile phone to enter mobile banking (web version). No need to download software, you can check accounts and repay at any time.
Support debit card transfer and repayment from multiple banks, and restore the limit in real time!
Repayment method: Log in to credit card mobile banking (web version), click "Main Menu" → "Repayment Management" → "Quick Repayment".
3. Quick repayment through online banking
Use your smartphone to log in to the China Merchants Bank "Mobile Banking" client. You can check bills and repay quickly anytime and anywhere, without signing a contract, just download it. available. Now supports debit card transfer and repayment from multiple banks, and handling fees are waived during the promotion period!
4. Other methods
"Pocket Life" and China Merchants Bank Mobile Banking only support US dollar cash transfer repayment.
China Merchants Bank official website