"China Bank Card Industry Self-discipline Convention" stipulates that member units should provide cardholders with "time-tolerant services" and should provide cardholders with a certain period of repayment grace period, which is at least 3 days from the due repayment date; If the cardholder repays within the repayment grace period, it is deemed that the cardholder repays on time.

1. At present, China Merchants Bank provides a three-day grace period for repayment (no application is required), and repayment can be made within three days after the due repayment date.

2. If it is inconvenient for you to repay in full, you can repay according to the minimum repayment amount, and the minimum repayment amount cannot enjoy the interest-free repayment period. From the bookkeeping date (usually the day after consumption), interest will be charged on all consumption in the current period, with a daily interest rate of 0.5 ‰ until you pay it off in full.

3. If you pay off the current repayment amount in full before the due repayment date, you can enjoy the interest-free period of consumption. You can choose the repayment method according to the specific situation. In addition, you can also consider applying for bill installment.