How many days can the CMB credit card repayment be deferred? Can I repay my loan in advance?

Many cardholders who have no money to repay their China Merchants Bank credit cards, but do not want to make installments or make minimum payments, can try to apply for a deferral of repayment, which can alleviate the repayment pressure in the short term. However, China Merchants Bank’s credit card deferred repayment also has a prescribed deadline, so how many days can I apply for? Does it support early repayment? Below, let’s take a look.

1. How many days can the repayment of China Merchants Bank credit card be deferred?

In fact, credit card deferred repayment is also to repay the eligible amount of the current bill in installments. It can be regarded as a short-term bill installment, but the processing time, repayment method, and handling fee are as we mentioned The bill installments vary.

A maximum of 2 extensions can be applied for, which is 60 days. The cardholder needs to actively apply to the bank, such as applying through the China Merchants Bank Credit Card WeChat official account, or calling the bank’s credit card center 24-hour service hotline Application, specific processing qualifications, amount that can be processed, number of phases, and corresponding handling fees are subject to real-time evaluation by the system.

After successful application, the entire handling fee must be paid in one installment in the first installment, and the entire principal must be repaid in the second installment.

2. Can China Merchants Bank credit card deferred repayment be repaid in advance?

After the deferred repayment is successfully processed, it cannot be revoked, but it can be settled in advance. Friends in need can call the 4008205555 service hotline to be transferred to manual settlement in advance. Once the operation is applied, it cannot be revoked.

It should be noted that the handling fee cannot be reduced if the deferred repayment is settled in advance. The outstanding principal and handling fee will be included in the unissued bill, and the full amount will be included in the minimum repayment. Well, it must be repaid in full at once, which requires the cardholder to have enough repayment funds, otherwise it will be overdue and affect the credit.

If the China Merchants Bank credit card has not been repaid on the due date, can the repayment be deferred for 3 days?

Yes, China Merchants Bank has a three-day grace period for repayment.

The expiration date for recorded credit card transactions in each bill is called the "bill date".

The repayment grace period is 3 calendar days after the due payment date.

The transaction date is the actual date of each credit card transaction, and the accounting date is the day after the transaction date.

Extended information

The minimum repayment amount and liquidated damages of China Merchants Bank Credit Card:

The minimum repayment amount is the minimum amount that needs to be repaid in the month when using revolving credit The minimum repayment amount is listed on the current bill.

The minimum repayment amount for each installment is calculated as follows:

The minimum repayment amount = 10 for all transactions in the credit card account 100 for the single installment amount of all outstanding installment transactions in the account 100 for the previous period The unpaid portion of the minimum repayment amount is 100. The total amount used in excess of the account credit limit is 100 fees and 100 interest.

If the cardholder fails to repay the previous bill before the due payment date (inclusive), the minimum repayment amount is According to the "China Merchants Bank Credit Card Regulations", China Merchants Bank will charge corresponding liquidated damages based on 5% of the unpaid portion of the minimum repayment amount, with a minimum charge of RMB 10 yuan or USD 1 yuan.