If the bill is in installments, repayment will be based on the repayment date. China Merchants Bank credit card has a grace period of 3 days by default. If your payment is received within 3 days after the final repayment date, it will not be counted as overdue and there is no default. Fees (previously late payment fees) and interest are required. It is recommended that you repay on time in the future to avoid overdue payments. For example: if the last repayment date is the 5th of each month, then the repayment must be made before 24:00 on the 8th of the month. This will not affect your personal credit, and you do not need to actively apply for this service.

(Response time: December 26, 2018, the latest business standards are subject to the official website of China Merchants Bank)