1. Credit cards that have accumulated credit card points of China Merchants Bank are merged together regardless of several card points, and the points are permanently valid and will not be reduced due to card replacement due to card expiration or loss reporting. 2. The accumulated points of the car card and city theme gold card series are valid for 3 years, calculated in natural years, and the new points will be cleared at the end of the third year. 3. The consumption mileage of airline co-branded card and the validity period of Gloria Hotels Group co-branded card points shall be subject to the announcement of the partner. 4. The bonus points obtained by other bank card users in the handheld life are valid for one year.