Hello, credit card purchases are interest-free, but cash withdrawals are not.

Cash advance loans will incur corresponding fees and interest. Handling fee: The handling fee for domestic RMB cash advances is 1% of the amount of each cash advance. The minimum charge is RMB 10 per transaction. The handling fee for overseas (including Hong Kong, Macao and Taiwan) cash advances is 3% of the amount of each cash advance. Calculating the handling fee, the minimum charge is ￥30 yuan or $3 USD per transaction. Interest: Cash advance transactions do not enjoy interest-free repayment treatment. Interest will be charged at a daily interest rate of 5/10,000 from the transaction date to the repayment date, and compound interest will be charged on a monthly basis.

For example: You withdraw ￥1,000 in cash last month, the handling fee is ￥10, the interest is ￥15, and you repaid ￥1,025, then the next month the principal will be calculated based on ￥15. Interest until repaid. Our bank will also calculate interest (compound interest) on the interest generated by withdrawing cash. When you withdraw cash, you will generally pay interest in three periods. The first period: the period from the date of your withdrawal to the statement date, the second period: the period from the date of your statement to the date of repayment. The third period: It is compound interest. For the specific interest, please refer to the amount on the bill in each period.

If you still have questions, please add corporate QQ customer service 4008205555 or add the public account "China Merchants Bank Credit Card Center" on WeChat for detailed consultation.