If the cardholder fails to pay off the minimum repayment amount of the previous bill before the due repayment date (inclusive), our bank will collect the corresponding late payment fee according to the credit card regulations of China Merchants Bank. The late payment fee is calculated at 5% of the minimum outstanding amount of the credit card, and the minimum charge is RMB 65,438+00 or USD 65,438+0 yuan. At the same time, all consumption in the current period will be charged with interest from the bookkeeping date, with a daily interest rate of five ten thousandths.