Take the China Merchants Bank credit card as an example:

If the credit card is not repaid in full when it is due, but the minimum repayment is paid, it will have no impact on your credit.

The minimum repayment amount is the minimum amount that needs to be repaid in the current month when using revolving credit. The minimum repayment amount is listed on the current bill.

If the cardholder fails to repay the minimum repayment amount of the previous period's bill before the payment due date (inclusive), our bank will, in accordance with the "China Merchants Bank Credit Card Regulations", charge the unpaid portion of the minimum repayment amount. A corresponding penalty of 5% will be charged, with a minimum charge of RMB 10 or USD 1.

In other words, the credit card repayment statement will show the full repayment and the minimum repayment. Customers can choose which of these two options to repay according to their own needs. Therefore, when the credit card arrives If you fail to repay the loan in full and pay the minimum repayment amount, it will have no impact on your credit. If you fail to repay the minimum repayment amount, it will be considered a default, which will have an impact.

Extended information:

The calculation method of the minimum repayment amount for each period of bill:?

The minimum repayment amount = 10% of all general transactions on the credit card account + < /p>

100% of the single installment amount of all outstanding installment transactions in the account + 100% of the unpaid portion of the minimum repayment amount of the previous period + 100% of all funds used in excess of the account credit limit + 100% of fees + 100% Interest.

If the cardholder fails to repay the amount in the current period, and the unpaid amount does not exceed 10 yuan or 1 US dollar, no additional interest and liquidated damages will be charged for consumer transactions that can enjoy interest-free treatment.

The maximum interest-free repayment period is 50 days, unless otherwise agreed between the card issuer and the applicant, but the maximum interest-free repayment period shall not exceed the maximum interest-free repayment period required by relevant laws and regulations. Interest repayment period.

China Merchants Bank-Minimum repayment amount and liquidated damages