1, overdue will affect credit.

2. If China Merchants Bank uses a credit card, a three-day grace period is provided. Repayment within the grace period will not affect credit reporting. Failure to repay after the grace period will result in liquidated damages and interest, and personal credit will be affected. The customer's credit information will be recorded in the personal credit database and become a part of the credit record.

3. The penalty is 5% of the unpaid minimum amount, and the minimum charge is RMB 10 yuan or USD 1 yuan. Interest refers to the collection of all consumption in the current period from the bookkeeping date (usually the day after consumption), with a daily interest rate of five ten thousandths until you pay it off in full.

4. In order to avoid affecting personal credit, it is recommended that you repay on time. If it is not convenient to pay off the bill in full, please pay off at least the minimum repayment amount on time.