The due repayment date of China Merchants Bank Credit Card is generally around18th day after the bill date (subject to the bill display); The grace period for repayment is 3 natural days after the due repayment date of China Merchants Bank credit card. After using China Merchants Bank's credit card to overdraw, you can enjoy the interest-free repayment period as long as you repay in full before the due repayment date, otherwise you will be charged interest according to the bank's interest-bearing rules.

If the date of your bill is the 7th, the repayment due date should generally be the 25th of each month. Due to the timeliness of service, repayment can be made before 28th at the latest. If the cardholder fails to repay in full in the current period, and the unpaid amount does not exceed RMB 65,438+00 or US$ 65,438+0 yuan, no additional interest and late fees will be charged for the consumer transactions that can enjoy interest-free treatment, which is a repayment tolerance service provided by China Merchants Bank.

If the repayment is not made in full (only the minimum repayment amount and above) before the due repayment date, China Merchants Bank will charge a certain amount of cyclic interest on all the payable consumption amounts in the current period, and each consumption amount in the bill will be used as the interest-bearing principal, and the account bookkeeping date to the account repayment date will be the interest-bearing days, and the daily interest rate will be five ten thousandths, which will be included in the repayment amount of the next bill; Minimum repayment amount of China Merchants Bank's credit card = 10% All general transactions in the credit card account+100% All unsettled installment transactions in the account+100% The unpaid part of the minimum repayment amount in the previous period+100% All the money used in excess of the credit line of the account+100.

If there is no repayment before the due repayment date or the repayment amount is lower than the minimum repayment amount, China Merchants Bank will charge a certain amount of cyclic interest and late payment fee for all consumption amounts in the current period; The calculation method of late payment fee is 5% of the unpaid minimum amount, and the minimum fee is RMB 65,438+00 or USD 65,438+0 yuan.

So, if you just don't want to affect your credit history, you just need to pay off the minimum repayment amount shown in the bill of the month before the 28th of each month. If you want to enjoy the interest-free repayment period, you must pay off all the arrears before the 28th. In addition, the consumption on the next day after the monthly billing date enjoys the longest interest-free repayment period.