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How to calculate the credit card arrears of China Merchants Bank?
hello, I can't help you with the accounting based on the data you provided. Revolving interest is charged when you use revolving credit to repay the loan or cash advance. If you pay off all the consumption money in full before the due repayment date of the current billing cycle, you can enjoy the interest-free period without generating cyclic interest; If you don't pay off in full, it will be regarded as using revolving credit. Interest will be charged from the bookkeeping date (usually the day after consumption) for all consumption in the current period, with a daily interest rate of five ten thousandths until you pay off in full. If you use the cash advance function, you can't enjoy the interest-free period for the cash advance, and interest will be calculated from the day you withdraw the cash, with a daily interest rate of five ten thousandths until you pay it off. The specific interest can only be found after the bill is issued. Please refer to the actual bill.