The billing date of different cardholders may be different. For example, the 25th of each month is the billing date, and each billing date records all transactions recorded from the 26th of last month to the 25th of this month, and the corresponding final repayment date is the following month 13. Generally, the consumption on the 25th will be recorded on the 26th, and will be included in the next bill.
How to calculate the minimum repayment amount of each bill:
Minimum repayment amount = 10% Credit card account All general transactions+
65438+ 000% of all outstanding installment transactions in the account+65438+000% of the outstanding part of the minimum repayment amount in the previous period+65438+000% of all funds used in excess of the credit line in the account+65438+000% of expenses+65438+000% of interest.
Extended data:
fine
If the cardholder fails to pay off the minimum repayment amount of the previous bill before the due repayment date (inclusive), our bank will charge a corresponding penalty of 5% of the outstanding minimum repayment amount according to the credit card regulations of China Merchants Bank, and the minimum charge is RMB 65,438+00 or USD 65,438+0 yuan.
interest free period
Interest-free period refers to the period from the bank bookkeeping date to the due repayment date when the cardholder repays all the repayable amount before the due repayment date (inclusive) and enjoys interest-free treatment for consumer transactions. If the cardholder fails to repay in full in the current period, and the unpaid amount does not exceed RMB 65,438+00 or US$ 65,438+0 yuan, no interest and liquidated damages will be added to the consumer transactions that can enjoy interest-free treatment.
The longest interest-free repayment period is 50 days, unless otherwise agreed between the card issuer and the applicant, but the longest interest-free repayment period shall not exceed the longest interest-free repayment period required by relevant laws and regulations.
China Merchants Bank-Bookkeeping Date and Due Repayment Date
China Merchants Bank-Minimum Repayment