Hello, if you have a China Merchants Bank credit card, if you fail to repay the minimum payment on your bill in time before the payment due date, late fees and interest will be charged, and your personal credit will be affected. The late payment fee is 5% of the unpaid portion of the minimum repayment amount, with a minimum charge of RMB10 yuan or USD1 yuan. Interest will be charged on all consumption in the current period starting from the recording date (usually the second day after consumption), with a daily interest rate of 0.05% until you pay it off in full. In order to avoid affecting your personal credit, it is recommended that you repay the bill on time. If it is inconvenient to pay off the bill in full, please pay at least the minimum repayment amount on time

The minimum repayment amount of the credit card = 10 for all credit card accounts General transactions 100 All outstanding installment transactions in the account Single period amount 100 The unpaid portion of the minimum repayment amount of the previous period 100 All funds used in excess of the account credit limit 100 Fees 100 Interest

The minimum repayment amount is Refers to the minimum monthly repayment amount of a credit card, which is shown on the credit card statement for that month. If you cannot repay it all at once, you can repay the minimum payment amount on time before the final payment date. This will not affect your personal credit, but you will not be able to enjoy the interest-free repayment period. Interest will be accrued on all consumption in the current period from the recording date. Interest rate is five ten thousandths. (If you pay in full and on time, you can enjoy the interest-free period if you use the card to make purchases)

If the cardholder fails to pay off the minimum payment amount of the previous bill before the due payment date (inclusive), our bank will The corresponding late payment fees will be calculated and collected in accordance with the "China Merchants Bank Credit Card Regulations". The late payment fee is calculated as 5% of the unpaid portion of the minimum credit card payment, with a minimum charge of RMB 10 or USD 1. At the same time, all consumption in the current period will be charged interest starting from the accounting date, with a daily interest rate of 0.05%.

If you have any questions about other China Merchants Bank credit cards, please search "4008205555" in QQ business friends and add "China Merchants Bank Credit Card Center" as a friend; or search the number "cmb4008205555" in WeChat to follow "China Merchants Bank Credit Card Center" For consultation, thank you for your attention and support to China Merchants Bank!