Hello, revolving interest is charged when you repay using revolving credit or use a cash advance. If you repay all the consumption payments in full before the due date of the current bill cycle, you can enjoy the interest-free period by swiping your card and no recurring interest will accrue; if you do not repay all the current bills on time, it will be regarded as With revolving credit, interest will be accrued on all purchases in the current period starting from the accounting date (usually the day after consumption), with a daily interest rate of 0.05% until you pay it off in full. If you use the cash advance function, the cash advance portion will not enjoy the interest-free period. Interest will be accrued from the day you withdraw the cash, with a daily interest rate of 0.05% and compound interest calculated on a monthly basis until you pay it off.

Examples of recurring interest: ● If your bill date is the 5th of each month, the repayment due date is the 23rd of each month; ● The current statement printed by the bank for you on April 5th includes: All your transaction accounts from March 5 to April 5; ● Assume that you only have one purchase in this bill, the consumption amount is RMB 1,000, and the merchant’s payment time is March 30 ; ● Your current bill prints the "Amount Due for the Current Period" as RMB 1,000, and the "Minimum Repayment Amount" as RMB 100; ● Under different circumstances, your recurring interest is: ① If you are in If you pay off RMB 1,000 in full before April 23, the recurring interest on the statement on May 5 will be 0; ② If you only repay the minimum repayment amount of RMB 100 on April 23, Then the recurring interest on the statement on May 5th is ￥17.85 yuan, and the specific calculation is as follows: 1,000 yuan × 0.05 × 24 days (March 30 to April 22) (1000-100) yuan × 0.05 × 13 days ( April 23 to May 5), recurring interest = 17.85 yuan.

If you have other questions, please open the China Merchants Bank homepage www.cmbchina.com and click "Online Customer Service" in the upper right corner to enter the consultation.