Take the billing date as 17 and the repayment date as the 5th of each month as an example: the overdraft consumption will be settled in the mall on May 1 1 and the bill will be issued on May 17, then the final interest-free repayment date will be June 5th, and the interest-free period of this transaction will be 24 days, and so on. If you spend on 1, 16, then you will pay it back on the 5th of next month; If you spend on 18 to 30, then you have to pay back in one month, that is, on July 5. So the most cost-effective way is to spend 18, so you can pay it back on the 5th of next month, which is the longest interest-free period.
China Merchants Bank is the first state-owned joint-stock commercial bank in China, which is wholly controlled by an enterprise legal person. Founded by Hong Kong China Merchants Group Co., Ltd., a central enterprise, on April 8, 1987. Is the fifth largest bank in Chinese mainland by market value and one of the eight guarantees for Chinese financial stocks in Hong Kong stocks [1-2]? .
China Merchants Bank is headquartered in Futian District, Shenzhen. On April 9, 2002, China Merchants Bank A shares were listed on the Shanghai Stock Exchange. On September 8, 2006, China Merchants Bank began its public offering in Hong Kong, issuing about 2.2 billion H shares and raising HK$ 20 billion. It was listed on the Hong Kong Stock Exchange on September 22. The net capital exceeds 290 billion, and the total assets exceed 4.4 trillion. There are 1 13 branches and 943 sub-branches in Chinese mainland 1 0/0 cities, 1 branch-level franchisees (credit card centers), 1 representative offices, 2,330 self-service banks and/kloc-0 in Hong Kong. In addition, Chinese mainland owns CMB Financial Leasing Co., Ltd. and China Merchants Fund Management Co., Ltd., holds 50% equity of China Merchants Cigna Life Insurance Co., Ltd., and owns Wing Lung Bank and CMB International Finance Co., Ltd. in Hong Kong.
The development goal of China Merchants Bank is to become a leading retail bank in China. 1In July, 1995, the one-card bank card was launched.1In September, 1999, the first online bank in China, Netcom, was launched, which became a widely used online payment tool for many enterprises and e-commerce websites, and promoted the development of e-commerce in China to some extent. [3-4]? 201April 2, 5 China merchants group co., ltd. plans major events. In order to ensure fair information disclosure, safeguard investors' interests and avoid abnormal fluctuations in the company's share price, the company's shares were suspended from trading on April 3, 20 15 upon the application of the company. [5]? In August of 20 16, China merchants bank ranked 39th in "Top 500 Chinese Enterprises in 20 16".