How to repay the reserve fund of Ping An Bank?

After the reserve fund for consumption of Ping An Bank arrives, it will be given priority to offset the current outstanding balance of your credit card, and the principal of each period will be deducted The full amount and interest will be credited to the minimum monthly payment and will occupy the available limit on the cardholder's credit card account. Cardholders need to repay according to the credit card statement and SMS notification. If the payment is overdue or insufficient, corresponding interest and liquidated damages will be charged.

Response time: 2022-01-25. For the latest business changes, please refer to the official website of Ping An Bank.

How to repay the reserve fund for credit card consumption of Ping An Bank

The reserve fund for consumption of credit card of Ping An Bank is a cash flow service launched by Ping An Bank for credit card holders. Users can use this Use the reserve amount for consumption. Under normal circumstances, after users apply for the Ping An Bank credit card consumption reserve fund, they will have to repay the principal and handling fees in installments. So how to repay the consumption reserve fund of Ping An Bank credit card?

1. Ping An Bank’s credit card consumption reserve fund is repaid directly through the credit card. After the reserve fund arrives, it will be used first to offset the current balance of the credit card.

2. The principal amount and handling fee of each installment of the reserve fund will be fully included in the minimum repayment limit of the monthly credit card bill, and will occupy the credit limit of the credit card. ;When the credit card bill comes out, the cardholder only needs to repay the credit card bill.

3. Since the reserve fund for credit card consumption of Ping An Bank is repaid directly through the credit card, once the cardholder has overdue repayment or insufficient repayment, it will be recorded as an overdue credit card in the personal credit report. report on.

The above is an introduction to the repayment of Ping An Bank’s credit card consumption reserves.

How to repay the reserve fund of Ping An Credit Card

The consumption amount of China Ping An’s reserve fund will be directly calculated into the Ping An Credit Card bill. Applicants only need to repay the Ping An Credit Card bill. Repay the reserve fund of Ping An of China. You can also directly deposit the repayment funds into your credit card. On the repayment date, the bank will automatically repay the money. However, if the repayment is overdue, the bank will automatically charge overdue penalty interest and late payment fees.

Ping An reserve fund can also be repaid in advance. If you choose to repay it in advance, the borrower will need to pay off the reserve fund arrears in one go. The fees paid previously will not be refunded. The outstanding balance will be transferred to the credit card. Yes, the handling fee incurred during the remaining period of the loan will be charged at 3% of the principal repayment.

Credit Card Features

Pre-deposit of cash is not encouraged, consumption is done first and repayment later, interest-free repayment period is available, and you can repay in installments (with a minimum repayment amount). Join VISA, International credit card organizations such as MasterCard and JCB are used globally.

It is one of the fastest growing financial services today and is an electronic currency that can replace traditional cash circulation to a certain extent.

Has both payment and credit functions. Cardholders can use it to purchase goods or enjoy services, and can also obtain certain loans from card issuers by using their credit cards.

It is a high-tech product integrating financial business and computer technology.

Can reduce the use of cash currency.

It can provide settlement services to facilitate shopping and consumption and enhance a sense of security.

It can simplify the collection procedures and save social labor.

Can promote product sales and social demand.

Credit card repayment methods

The methods within the card issuing bank include: card issuing bank counter, ATM, online banking, automatic transfer, telephone banking repayment, etc. After repayment, the credit card limit will be restored immediately, and the payment will generally be credited to the account after the system processes it on the same day.

Weiyintong POS mobile phone and Weiyintong POS mobile phone are a mobile financial system personal payment terminals that can be used to directly repay by swiping cards, as well as perform transfers and other services. Instant payment!

Transfer/remittance repayment is mainly divided into two methods: inter-bank inter-bank in the same city and inter-bank inter-bank in different places. Regardless of the method of transfer or remittance, the remittance bank will charge a certain fee. At the same time, the time it takes for the money to arrive and the convenience of repayment are not as good as intra-peer repayment, online repayment, convenience store repayment and other methods.

The more common domestic online platforms for online repayment include: UnionPay Online, Kuaiqian, Shengfutong, Alipay, Tenpay, etc.

Depending on the platform and bank you choose, the charging standards and specific payment arrival time will be different.

This method of convenience store repayment is mainly completed through the "Lakala" smart payment terminal installed in the convenience store. Generally, the payment time takes 2 to 3 working days. At the same time, using this There is no handling fee for repayment.

Counter repayment counter refers to bank cards issued by various networked financial institutions, which can be used to conduct RMB current deposit and withdrawal transactions through the counters of other bank branches registered in the UnionPay exchange center host system.

The "Xinpaytong" smart credit card phone for repayment is an innovative electronic product independently developed by China UnionPay, certified by the Bank Card Testing Center, and supported by financial services provided by China UnionPay's inter-bank information exchange network.

Use "Repayment Tong" to make repayments, and the fees are generally charged according to the fee standards for intra-city inter-bank transfers and long-distance inter-bank remittances stipulated by the local People's Bank of China.

Other methods In addition to the methods mentioned above, card issuers have also opened their own unique repayment methods in order to facilitate cardholders' repayment.

That’s it for the introduction of how to repay the reserve funds of Ping An Credit Card.