The cost and interest of cash advance will be calculated in the monthly bill, and users can return it before the repayment date according to the bill amount. No matter which way you borrow cash in advance, the repayment date is the same, and the repayment channel is no different from the conventional repayment method. Users can transfer money through online banking, transfer money through third-party platforms, and deposit cash for repayment. The above is how China Merchants Bank repays the cash borrowed in advance.

Introduction of cash advance by credit card of China Merchants Bank

Generally, the advance cash will be fully included in the minimum repayment amount of the credit card bill, so the user needs to settle it in full, and the advance cash does not support the minimum repayment amount and installment repayment. Since the advance cash does not enjoy the interest-free period, interest will be charged at the daily rate of 0.5 ‰ from the date when the advance cash is processed until the user repays. Generally, it will be recorded after 2 days of repayment, and the available cash amount borrowed in advance will be repaired. For the repayment method, users can directly recharge their credit cards in China Merchants Bank's online banking, mobile banking and credit card software, or repay at the service desks of surrounding service outlets or at the self-service machines of business outlets. This paper is mainly about how to repay the cash borrowed by China Merchants Bank in advance, and the content is for reference only.