The annual fee for a China Merchants Bank credit card is RMB 100 per year for a regular card and RMB 300 per year for a gold card. The annual fee is charged once a year. If you apply for 2 cards or additional cards at the same time, the annual fee for the second card or additional card will be 1/2 of the first card. The annual fee is calculated from the issuance date of your card (the validity period under the credit card number, the previous date is the issuance date), not the calendar year. If you successfully apply for a China Merchants Bank credit card (except for some cards), the first-year annual fee will be waived or waived by the China Merchants Bank credit card or its partners in advance for you. The annual fee will be waived within one full year of your card's validity (counted from the card issuance date, not a natural year). If you spend 6 times with the card (no limit on amount or form), the annual fee of the card for the next year will be reduced. And until the new annual fee discount policy changes are notified, this discount will be valid for a long time.

Our VISA credit card is settled in U.S. dollars, and purchases in euros are also settled in U.S. dollars. Online shopping is equivalent to swiping the card. If you hold a credit card from our bank with a VISA, MASTERCARD, JCB or American Express logo on the card, it can be used overseas (including Hong Kong, Macao and Taiwan) (including online payment). Credit card purchases overseas through international lines will be settled in U.S. dollars. If the consumption amount is non-U.S. dollars, there will be an exchange fee between the two currencies, which is 1.5 of the transaction amount. If the consumption amount is in US dollars, there will be no foreign exchange settlement fee.

Foreign currency transaction repayment:

1. Foreign currency consumption is recorded in RMB (no USD bill is issued)

After activating the "foreign currency consumption in RMB account" function, your Any foreign currency transaction will be automatically converted into RMB and credited (the conversion rate is the exchange rate on the date the transaction is recorded). You only need to return the RMB according to the RMB bill. Truly realize "one card in hand, travel around the world"!

Setting method: Log in to credit card online banking and click "Repayment Management" → "Automatic RMB Foreign Exchange Purchase" to activate.

①. The RMB deposit function for foreign currency consumption will take effect immediately after it is activated. Your foreign currency consumption can be queried on the "RMB Unissued Bill" interface of online banking 2 working days after the transaction date.

②. Non-US dollar foreign currency transactions will be converted into US dollars by international credit card organizations first (during the above process, international organizations such as VISA and MasterCard will charge a foreign exchange conversion fee of 1.5). Our bank will convert the converted U.S. dollar amount into RMB based on the exchange rate on the day of accounting (China Merchants Bank’s U.S. dollar selling price announced after 10:00 that day), and record it in the RMB bill.

2. Use RMB to repay U.S. dollar bills (U.S. dollar bill purchase and repayment)

When your foreign currency consumption has generated U.S. dollar bills, you can choose to activate "U.S. dollar bill purchase and repayment." "Function. After activation, your RMB repayments will be automatically converted into U.S. dollars by purchasing foreign exchange, and your U.S. dollar bills will be repaid first (the conversion exchange rate is the exchange rate on the day of your payment). Repayments after the U.S. dollar bills are paid off will continue to be repaid. Your RMB bill.

Setting method: Log in to credit card online banking and click "Repayment Management" → "Foreign Exchange Purchase and Repayment". You can also check the "automatic purchase of foreign exchange" function on the application form when applying for the card.

①. If it is a foreign currency transaction other than US dollars, it will be converted into US dollars by the international credit card organization and recorded in the US dollar bill. (During the above process, international organizations such as VISA and MasterCard will charge a foreign exchange exchange fee of 1.5)

②. The amount of foreign exchange purchased in the current period cannot exceed the amount of the current U.S. dollar bill, and the exchange rate for foreign exchange purchased is 10:00 on the day of repayment. The USD selling price of China Merchants Bank announced later.

③. If you set up the function of purchasing foreign exchange for repayment of U.S. dollar bills and the "automatic repayment" function of the U.S. dollar account at the same time, then your RMB repayment will have priority in purchasing foreign exchange to repay your U.S. dollar bills. The difference between the self-deduction amount (full or minimum) set for the current period of the bill and the agreed foreign exchange purchase amount will be deducted from your designated US dollar automatic repayment account.

④. After successfully setting up the automatic foreign exchange purchase, if the cardholder fails to repay the US dollar bill in full on the due payment date, if there is an overpayment in RMB in your credit card, our bank will automatically The corresponding amount will be deducted from your RMB overpayment to purchase foreign exchange to repay your US dollar bill.

3. Use U.S. dollars to pay U.S. dollar bills

① Debit card U.S. dollar transfer repayment: Available repayment methods include our bank’s online banking repayment, mobile repayment and telephone repayment .

② Cash repayment in US dollars at our business outlets: Cash repayment in US dollars is available at all our business outlets (except Hong Kong). As long as you provide your credit card number, anyone can repay your credit card (the repayer must show their ID card).

If you still have questions, please open the China Merchants Bank homepage www.cmbchina.com and click "Online Customer Service" in the upper right corner to enter the consultation.