Minsheng Bank credit card has a grace period of 3 days.

If the cardholder forgets to repay on the repayment date, he can still repay within the grace period. It should be noted that the repayment funds must be paid at 17:00 three days after the repayment date at the latest. It must arrive before the due date, otherwise it will be considered overdue.

If the cardholder fails to repay after the grace period or the repayment amount is lower than the minimum repayment amount, Minsheng Bank will charge liquidated damages and interest. The liquidated damages are 5% of the unpaid portion of the minimum repayment amount. , interest is charged at a daily interest rate of 0.05 starting from the credit card billing date.