Hello, if you use China Merchants Bank's credit card, you can make the minimum repayment. The minimum repayment amount is the minimum amount that the bank stipulates that you must repay before the monthly repayment due date. You can not repay the full amount, but the repayment amount in each period must be greater than the minimum repayment amount, which is the basic repayment requirement for you to maintain a good credit record. If you can't enjoy the interest-free repayment period by choosing the minimum repayment, interest will be charged on all consumption in the current period from the bookkeeping date (usually the day after consumption), with a daily interest rate of five ten thousandths until you pay it off in full. If you pay off the payable amount in this period in full before the due repayment date, you can enjoy the interest-free period for consumption. You can choose the repayment method according to the specific situation. Minimum repayment amount = 1% advance cash principal+1% non-advance cash transaction principal+1% expenses+1% interest+1% excess consumption+1% unpaid minimum repayment amount in the previous period+1% installment amount. Please refer to the minimum repayment amount listed in the bill.

you can also apply for bill installment, which is interest-free and charges a handling fee. Handling fee per installment = total installment amount × handling fee rate per installment. The minimum handling fee per installment is 5 yuan, with .9% for three installments, .75% for six installments, .7% for ten installments, .66% for twelve installments, .68% for eighteen installments and .68% for twenty-four installments.