The problem of bill installment in China Merchants Bank

Hello, if you don't return the minimum repayment amount of the bill in time before the due repayment date, you will be charged a late fee and interest, and your personal credit will be affected. The overdue fine is 5% of the unpaid minimum amount, and the minimum amount is RMB 10 yuan or USD 1 yuan. Interest refers to the collection of 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.

You can also apply for bill installment. Bill installment (only for business cards, business cards (including financial business cards), purchase cards, ANA protection cards or supplementary cards) is a new financial management function launched by our credit card, which can help you repay the consumption amount in the bill in monthly installments. You can send a short message, log in to the online bank of credit card or call the customer service hotline 4008205555 to transfer the application to the service specialist. Handling fee per installment = total installment amount × handling fee rate per installment. The minimum handling fee for each installment is 5 yuan, 0.9% for the third installment, 0.75% for the sixth installment, 0.70% for 10 installment, 0.66% for 12 installment, 0.68% for 18 installment and 0.68% for the 24th installment. Whether the bill installment application is approved or not shall be subject to the comprehensive evaluation results of our credit card center.

After the bill installment application is successful, the current bill only needs to repay the amount other than the bill installment, and the amount of the principal payable in the first installment (the principal payable in each installment = the total installment principal ÷ the number of installments) and the handling fee are reflected in the next month's bill.

Once the bill installment application is approved, it cannot be revoked, nor can the installment amount and the number of installments be changed. The outstanding installment funds in a successful bill installment business need to be paid off in advance. If necessary, you can call our credit card customer service hotline to apply. After the application is approved, the unpaid principal and handling fee will be settled in one lump sum, and the bill amount will be paid in one lump sum. (The business card has no installment business)

Installment of bills is not allowed for the following transactions: cash advance transaction, installment payment transaction and various fees (such as annual fee, interest, late payment fee and other credit card fees), real estate transaction, pre-authorization transaction and other transactions specified by our credit card center. (The business card has no installment business)

If the payable amount of your bill shows 654.38+00000 yuan, your 5000 yuan installment is successful, and there is still 5000 yuan in arrears for you to repay. You can pay in full or in minimum.

Minimum repayment amount of credit card = 65,438+00%, all general transactions of credit card account+65,438+000%, all outstanding installment transactions of account+65,438+000%, the outstanding part of the minimum repayment amount in the previous period+65,438+000%, all funds used in excess of the credit limit of account+65,438+000.

The minimum repayment amount refers to the minimum monthly repayment amount of a credit card, which is displayed on the bill of the credit card in the current month. If you can't pay off in one lump sum, you can pay off the minimum repayment amount on time before the final repayment date, without affecting your personal credit, but you can't enjoy the interest-free repayment period. All consumption in the current period will bear interest from the bookkeeping date, with a daily interest rate of five ten thousandths. (Repay in full and on time, and you can enjoy an interest-free period for spending by credit card. )