When we apply for a credit card, the credit limit of the credit card can be divided into temporary limit and fixed limit. The temporary limit has a time limit, and the fixed limit is permanently valid. Under normal circumstances, you can apply for a temporary limit by maintaining a good credit card usage record for at least 6 months. So can you make the minimum repayment after using the temporary credit limit of China Merchants Bank Credit Card? Let’s find out together.

Is there a minimum repayment for the temporary credit limit of China Merchants Bank?

The minimum repayment is not allowed for the temporary credit limit of China Merchants Bank. Under normal circumstances, after the bill comes out for using a credit card's temporary limit, the cardholder must pay off the temporary limit in full before the final payment date of the bill. Bills generated after consumption of the temporary limit do not allow minimum repayment, nor are they allowed to be repaid in installments. They must be repaid in full.

Even if the user only repays a part of the bill amount when repaying the bill, the repaid amount will be used first to offset the temporary limit consumption bill. If you are applying for minimum repayment, the bills for consumption under the temporary limit will be included in the minimum repayment amount; if you are applying for installment repayment, the bills for consumption under the temporary limit will be listed as the repayment amount for the current period, and you cannot directly apply for installment repayment.

It is worth mentioning that after using the temporary limit for consumption, the repayment date also needs to wait for the bill to come out before repaying. It does not mean that you must repay immediately when the temporary limit expires. Generally, the temporary quota is valid for one month. Regardless of whether the user uses the quota for consumption, the quota will be recovered by the system after expiration.