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Can China Merchants Bank credit card be repaid in several installments within the repayment period?
yes, there is no limit on the number of times of credit card repayment. However, if you repay through a third-party channel, there are restrictions. For example, if you repay our credit card through quick money, each credit card is limited to 5 repayments per month. It is recommended to repay the loan through channels provided by the Bank, such as online banking and mobile banking.

: How to deal with overdue credit card:

1. If you neglect to repay, you must repay as soon as possible, preferably in full. Then call the bank credit card center and declare the non-malicious arrears.

2. Some people don't use credit cards very often. When the credit card is overdue, they plan to completely ignore the credit card, neither repay nor cancel it. In fact, this practice is very wrong. If you don't pay back all the time, you will be overdue once a month, that is, you will be recorded with a bad credit record once a month, and you will be sentenced to a fine in serious cases.

3. If the credit card is overdue, the credit card center of the issuing bank will collect it. Some people want to "run away" by changing their address and mobile phone contact information, thinking that banks can't help themselves. In fact, this practice is absolutely not desirable. When you apply for a credit card, your real name information has been recorded by the bank. Once you "run away", the bank will think that you are maliciously overdrawn and owe money, and will call the police. The police will list you as a wanted person.

4. The repayment information of credit card will be recorded by the central bank's credit information system for 24 months, that is, the bad credit record generated by overdue repayment of credit card will be kept in the credit information system for two years. Therefore, after the overdue repayment of the credit card, it is best not to cancel the credit card immediately after paying off the arrears, but to insist on using the card for more than two years and maintain a good credit during the period, so that the bad records can be removed from the credit information system by rolling records.

5. As a credit card holder, once he is unable to repay on time due to unemployment, illness or accidents, before the final repayment period comes, the cardholder should take the initiative to contact the bank credit card center, state his financial situation, declare that he is not maliciously in arrears, and apply for delayed repayment and interest concessions. In view of the cardholder's active performance and previous good credit record, the bank will often agree to postpone repayment, and negotiate with the cardholder the repayment plan, delay period, interest discount and monthly repayment amount acceptable to both parties.