ICBC Credit Card Peony Card can of course continue to be used after the car loan is repaid. During the loan repayment period, the lender deposits the repayment amount of each installment into the credit card, and after the loan repayment is completed, it is not necessary to continue repayment, and it can be used like other credit cards (it can also be used during the loan repayment period).

Automobile consumption loan is a new loan method that banks provide RMB-guaranteed loans to car buyers who buy cars at their special dealers.

loan to buy a car refers to the loan issued by the lender to the borrower who applies for buying a car. In fact, it means borrowing money from financial institutions to buy a car. However, financial institutions require car buyers to pay a certain percentage of down payment and provide proof of repayment ability. They have no bad credit history and need to meet the requirements of financial institutions to apply for loans to buy a car.

A car buyer who applies for a car consumption loan

A car buyer must also meet the following conditions:

(1) A car buyer must be at least 18 years old and a China citizen with full civil capacity.

(2) Car buyers must have a relatively stable job, a relatively stable economic income or assets that can be easily realized, so as to repay the loan principal and interest on schedule. Assets that are easy to realize here generally refer to securities and gold and silver products.

(3) During the loan application period, the car buyer shall deposit no less than the down payment stipulated by the bank in the account of the bank savings counter.

(4) provide bank-recognized guarantee. If the individual account of the car buyer is not local, it should also provide joint liability guarantee, and the bank will not accept the mortgage set by the car buyer for the car purchased with the loan.

(5) Car buyers are willing to accept other conditions that the bank deems necessary.

Extended information

Required information

1: Personal Loan Application;

2: Personal valid ID. Including identity cards, household registration books, military officers' cards, passports, and travel passes for compatriots from Hong Kong, Macao and Taiwan Province. If the borrower is married, the identity certificate of the spouse shall be provided;

3: household registration certificate or long-term residence certificate;

4: personal income certificate, and family income or property certificate when necessary;

5: proof of car purchase intention issued by the car dealer;

6: proof of down payment for car loan;

7: If the purchased vehicle is secured by other means than mortgage, the relevant materials for the guarantee shall be provided, including the pledge right certificate, the ownership certificate and evaluation certificate of the mortgaged real estate, and the letter of intent for the third party to guarantee; Do I need to hand in my Peony Card when I return my car loan?

No.

the peony credit card of ICBC can be used after it is paid off.

ICBC Credit Card Peony Card can still be used after the car loan is repaid. During the loan repayment period, the lender deposits the repayment amount of each installment into the credit card. After the loan repayment, it can be used like other credit cards without repayment, and there is no value-added service function in the later period. Peony International Credit Card is a credit card issued by ICBC that can be used both at home and abroad. This card is dual-currency, convenient and practical. It can be used for consumer loans, recycling credit, deposit withdrawal, transfer settlement and other functions. Can I still use the peony card for industrial and commercial car loans?

No.

once the peony car loan card has been returned, it can't be used any more.

peony car loan card is a credit card, which can only be used for car purchase, and the credit line is also special. Generally speaking, it is. This kind of card can only deposit money, but can't withdraw money, and can't transfer money. If you have to withdraw money, you must go to the front desk of the bank to handle it, and you can't do daily credit card spending.

supplement of relevant knowledge

1. process of handling auto loan

1. apply for auto loan from a bank or auto loan institution, fill in the corresponding application form, and submit relevant materials as required, such as ID card, household registration book, income certificate, etc.

2. after approval, a loan contract and a guarantee contract can be signed. If necessary, relevant notarization and mortgage registration procedures can be handled.

3. The bank agrees to issue the loan in the way agreed in the contract and transfer the funds to the distribution or personal account. After completing the above steps, it means that the user has completed the handling of the car loan. After that, the lender needs to repay the loan every month according to the regulations. After the car loan is paid off, he can get the settlement voucher and mortgage voucher from the bank, and finally take the corresponding information to the vehicle management office for settlement.

II. Conditions of vehicle loan

1. The loan applicant must be at least 18 years old and have full capacity for civil conduct.

2. Having signed a car purchase contract and being able to pay the down payment.

3. Have a good credit record and no other overdue information about car loans.

4. Have a stable source of income and be able to repay on time.

5. Have legal identification, and some places also require mortgaged goods or real estate licenses.

6. In addition, we should pay attention to some local regulations on car loans.

III. Materials required for vehicle loan

1. If the buyer is married, provide the original and photocopy of the marriage certificate.

2. residence certificate or real estate license. When buying a car, you need to provide local residence documents, water and electricity bills, rental contracts, etc. If you have real estate in the place of purchase, you also need to provide the original and copy of the real estate license.

3. Personal valid ID card and temporary id card are also acceptable. However, damage, expiration and other circumstances are unacceptable.

4. proof of work and income. You need to provide proof of work income with the official seal of your work unit. This proof is very important and has a great influence on whether it is passed or not. Certificates that 4S must provide when borrowing a car: car purchase invoice, certificate of conformity, motor vehicle registration certificate, three-guarantee certificate, vehicle manual, new car delivery confirmation form, etc. ICBC's car loan card, can I continue to use this credit card after the car payment has been paid?

ICBC's car loan card, you can't continue to use this credit card after the car payment has been paid.

under normal circumstances, an ICBC car loan card will be issued for car installment business handled through car dealers, guarantee companies, insurance companies and other channels.

this card is usually only used for car purchase by stages, and has no other value-added function. If you need a credit card, it is recommended to apply for a credit card of ICBC separately.

Extended information

The car loan card business of ICBC branches is slightly different. If you need to handle the loan settlement or mortgage release procedures of ICBC car loan card, incorrect deposit/transfer/guarantee fee withdrawal, loan or guarantee information inquiry, you need to contact the lending bank.

Take the car loan card in Beijing as an example:

The charging standard of Beijing car loan card is: Beijing car loan card is free of annual fee and prepayment fee;

The charging method for car installment payment by using Beijing car loan card is:

Only the first installment is charged for the 12th to 36th installment, and the 48th and 6th installment is charged.