When we use credit cards, especially when we repay credit cards, we can always hear information about revolving credit, but many people don't know much about revolving credit. For example, not long ago, a friend who applied for a credit card of China Merchants Bank came to ask what revolving credit is and what is the revolving credit limit of China Merchants Bank's credit card? I will answer your questions today. what is the credit card revolving credit of China merchants bank? The so-called credit card revolving credit actually occurs when you repay your credit card in full and the repayment amount is not lower than the minimum repayment amount.

what is the revolving credit limit of China merchants bank's credit card? The revolving credit limit of China Merchants Bank's credit card is related to the repayment amount of your credit card and the amount of your credit card bill. Because when your repayment is not less than the minimum repayment amount, but less than the total amount payable on the bill, the remaining deferred repayment amount is your revolving credit line. For example, my current CMB credit card bill is 2 yuan, and the minimum repayment amount in this period is 2 yuan. If I only pay the minimum repayment amount of 2 yuan, revolving credit will be generated, and the amount of revolving credit is 18 yuan. In other words, the less you pay back, the higher the revolving credit limit. Of course, the repayment must at least reach the minimum repayment amount to generate revolving credit. What is the revolving credit line of China Merchants Bank's credit card? What is revolving credit? " The answer. Revolving credit will be generated when you repay your credit card. Generally, if you don't repay in full and the repayment amount is not lower than the minimum repayment amount, it will be generated, so the revolving credit limit is also related to the repayment amount.