(China Merchants Bank) 1. If the credit card fails to repay in full and on time, it will not enjoy the interest-free period. Each consumption amount in the last statement is the interest-bearing principal, and the interest-bearing days are from the account bookkeeping date to the account repayment date, with a daily interest rate of 0.5 ‰ (timely and full repayment according to the bill, and interest-free credit card consumption). 2. For cash advance transactions by credit card, from the date of cash advance to the date of settlement, interest will be charged at a daily rate of 0.5 ‰, with compound interest on a monthly basis, and a certain amount of cash advance fee will be charged according to the credit card charging standard of China Merchants Bank.