Hello, if you use our credit card, the minimum repayment amount is the minimum amount that needs to be repaid in the current month when using revolving credit, and the minimum repayment amount is listed on the current bill.

Calculation method of minimum repayment amount of each bill:

Minimum repayment amount = 10% Credit card account All general transactions+

65438+ 000% of all outstanding installment transactions in the account+65438+000% of the outstanding part of the minimum repayment amount in the previous period+65438+000% of all funds used in excess of the credit line in the account+65438+000% of expenses+65438+000% of interest.

Cyclic interest calculation: each consumption amount of the last bill is the interest-bearing principal, and the interest-bearing days are from the bookkeeping date to the repayment date of the account, and the daily interest rate is five ten thousandths.

The cardholder's billing date is the 7th day of each month, and the credit card consumption is 2000 yuan in April 1 day. This consumption was recorded on April 2nd. On April 7th, the bill will show that the "payable amount in this period" is 2000 yuan, and the "minimum repayment amount" is 200 yuan. If the cardholder only repays 200 yuan on the due repayment date on April 25th, the interest payable up to that date will be shown on the bill on May 7th, that is, 23-day interest of RMB 2,00010.8 million yuan residual interest 13 days later repayment: RMB 2,000 ×0.05%×23 days (April 2nd-April 24th).

(You can consult any credit card service information of China Merchants Bank online through QQ or WeChat. Method 1: Search 4008205555 among QQ corporate friends, and add China Merchants Bank Credit Card Center as a friend; Method 2: Search "cmb4008205555" on WeChat, and pay attention to China Merchants Bank Credit Card Center. )