24:00. China Merchants Bank provides a 3-day repayment grace period for its credit card holders. Repayments recorded before 24:00 pm on the third day after the repayment date are deemed to be timely repayments. Assuming that the final payment date is the 5th of each month, the cardholder must pay off the bill before 24:00 on the 8th of the month at the latest. If the repayment exceeds the grace period, the overdue repayment record will be submitted to the central bank for credit information inquiry.
⒈The first stage: starting a business from 2002 to 2005. On December 3, 2002, China Merchants Bank launched China’s first “one card, two currencies” credit card that complies with international standards. In June 2004, the number of credit cards issued by China Merchants Bank exceeded one million for the first time.
⒉The second stage: from 2006 to 2008, to create a leading position. Faced with increasingly fierce market competition, China Merchants Bank has accelerated the expansion of credit card scale and continuously set new domestic dual-currency card issuance records. In April 2006, China Merchants Bank took the lead in issuing 5 million credit cards. In December of the same year, the number of cards issued reached 10 million, marking a new chapter in the development of China's credit card market. The leap-forward development of China Merchants Bank's credit cards has attracted the attention of domestic and foreign industries, and has been included in the Harvard Business School MBA case library.
⒊The third stage: strategic transformation from 2009 to 2012. In 2009, China Merchants Bank officially embarked on a transformation journey from pursuing scale to pursuing balanced development of efficiency, quality and scale. In 2010, China Merchants Bank Credit Card Center was keenly aware of the development opportunities brought by the mobile Internet, and began to use new technical means to build a low-cost, high-efficiency operating model - the development and launch of version 1.0 of the "Handheld Life" APP, marking the launch of the The bank has officially entered the mobile Internet era.
⒋Accelerate the pace of transformation. In 2013, based on the concept of "services are available wherever users are", China Merchants Bank pioneered intelligent "micro-customer service", transforming credit card customer service from traditional telephone channels to new Internet channels. In 2016, the cumulative transaction amount exceeded 2.2 trillion for the first time, setting a record high. It not only led its peers, but also verified that "China Merchants Bank credit card is the choice of more people." In 2017, the “Handheld Life” App was upgraded to version 6.0, with the number of bound users exceeding 40 million, making it the first comprehensive consumer finance app. Life is not only exciting but also exciting. In 2020, China Merchants Bank's credit cards continued to maintain a good development trend, with both the number of cards in circulation and the number of accounts in circulation increasing; the cumulative transaction amount for the year reached 4.34 trillion yuan, the cumulative users of the Mobile Life App exceeded 110 million, and the monthly activity exceeded 46.03 million, further It consolidates the leading position of credit card apps and is superior to first-line Internet platforms. China Merchants Bank Credit Card will continue to actively explore and practice financial technology to further enhance user experience.
Operating environment: iPad 9th generation 15.1
Pocket Life v8.5.10
China Merchants Bank v10.0.0