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If I withdraw 5000 yuan by credit card, how late can I pay it back? Can I repay the loan during the Chinese New Year?
Hello, if you use China Merchants Bank credit card to advance cash, there will be corresponding handling fee and interest. Handling fee: RMB in China is calculated as per cash advance 1%, and the minimum cash advance charge is 10 yuan; overseas (including Hong Kong, Macao and Taiwan) is calculated as per 3% of cash advance, and the minimum cash advance charge is 30 yuan or USD 3; Interest: advance cash transactions do not enjoy interest-free repayment. From the trading day, interest will be charged at the daily rate of 0.5 ‰ until the settlement date, and the interest will be compounded monthly.

The minimum repayment amount is the minimum amount that you must repay before the monthly due repayment date stipulated by the bank. You can not repay in full, but the repayment amount of each installment must be greater than the minimum repayment amount, which is the basic repayment requirement for you to maintain a good credit record. If you can't enjoy the interest-free repayment period by choosing the minimum repayment amount, you will be charged interest on all the consumption in the current period from the bookkeeping date (usually the day after consumption), with a daily interest rate of 0.5 ‰ until you pay it off in full. If all the payable amount of this period is paid off before the due repayment date, you can enjoy the interest-free period of consumption. You can choose the repayment method according to the specific situation. Minimum repayment amount = 10% advance cash principal+10% non-advance cash transaction principal+100% expense+100% interest+100% excess consumption+100. Please refer to the minimum repayment amount listed in the bill.

If you have any other questions, it is suggested to add "QQ" or "WeChat" to experience the function of the "micro-customer service" platform of the credit card, or telephone manual service consultation. Method 1: Search for "4008205555" among QQ corporate friends and add "China Merchants Bank Credit Card Center" as a friend; Or WeChat search for "cmb4008205555" and pay attention to China Merchants Bank Credit Card Center. Method 2: Please call the credit card customer service hotline 8008205555 (fixed telephone only) or 4008205555. The cardholder should directly enter the ID number and inquiry password-then select "9" to enter the manual service. Thank you for your attention and support!