When using revolving credit or prepaying cash for repayment, revolving interest is charged. If all the consumption funds are paid off in full before the due repayment date of the current billing cycle, you can enjoy the interest-free period by swiping your card without generating cyclic interest; If all bills of the current period are not paid off on time, it will be regarded as using revolving credit. Interest will be charged on all consumption of the current period from the bookkeeping date (generally the day after consumption), and the daily interest rate will be 0.5 ‰ until it is fully paid off. If you use the cash advance function, you cannot enjoy the interest-free period of cash advance. Interest will be calculated from the date of your withdrawal, with a daily interest rate of 0.5 ‰, and compound interest will be calculated monthly until it is paid off.

(reply time: 2065438+July 2009 16. Please refer to the latest business changes announced by China Merchants Bank in official website. )