Hello, if you are using a China Merchants Bank credit card, the minimum repayment amount is the minimum amount stipulated by the bank that you must repay before the monthly payment due date. You do not need to repay the full amount but each period The repayment amount must be greater than the minimum repayment amount, which is the basic repayment requirement for you to maintain a good credit record. If you choose the minimum repayment and are unable to enjoy the interest-free repayment period, all purchases in the current period will accrue interest 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. If you repay the current payment amount stated on the bill in full before the payment due date, you will enjoy the interest-free period for your consumption payments. You can choose the repayment method based on your specific circumstances. Minimum repayment amount = 10 cash advance principal, 10 non-cash advance transaction principal, 100 fees, 100 interest, 100 excess consumption amount, 100% of the unpaid portion of the minimum repayment amount of the previous period, 100% of the single installment amount. Please refer to the minimum repayment amount listed in the bill.

If you fail to repay the minimum payment on your bill in time before the payment due date, late payment 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 your bill on time. If it is not convenient to pay off the bill in full, please pay at least the minimum repayment amount on time.

If you have other questions, it is recommended to add "QQ" or "WeChat" to experience the credit card "Micro Customer Service" platform function, or consult with manual service over the phone. Method 1: Search for "4008205555" among QQ business friends and add "China Merchants Bank Credit Card Center" as a friend; or search for the number "cmb4008205555" on WeChat and follow China Merchants Bank Credit Card Center. Method 2: If you are in trouble, please call the credit card customer service hotline 8008205555 (fixed phone calls only) or 4008205555. Card holders please directly enter the ID number and query password---then select "9" to enter manual service. Thank you for your attention and support!