If you are in urgent need of cash flow, in addition to using Minsheng credit cards to withdraw cash, there is another way to obtain funds, and that is to handle cash installment business. Cash installment business does not require interest, but does require payment of handling fees, which is more cost-effective than cash withdrawals. Many cardholders often encounter problems of this kind when applying for cash installments. Here are some common questions to answer for you:

Question 1. How can I apply for Minsheng Credit Card cash installment services? Answer: First of all, if you are the main cardholder of Minsheng Credit Card, the credit card you hold does not include new e-loan card, platinum financial card, Tongbao installment card, Tongbao white-collar card, car installment card, car installment parking products, etc. In addition, you must The status of the credit card is normal, with no overdue payments in the past three months, and no three or more consecutive payments or three or more cumulative payments in the past nine months. After meeting the conditions, you can apply for cash installment business through customer service phone number, online banking, mobile banking, SMS, and WeChat banking.

Question 2: Can I cancel the cash installment business of Minsheng Credit Card after I have applied for it? Answer: Once the cash installment business is successfully processed, it cannot be canceled. If you relatively change the number or amount of cash installments that have been successfully processed, it is not allowed.

Question 3. How much amount can be applied for Minsheng Credit Card Cash Installment? Answer: The cash installment limit is generally 90% of the original credit limit of your credit card, with a maximum limit of 300,000 yuan.

Question 4. How many installments of cash installment business can I handle? What is the handling fee for each installment? Answer: Minsheng Credit Card cash installment has six installment options: 3, 6, 9, 12, 18, and 24. The corresponding handling rates are: Except for the one-time payment, the others are collected in monthly installments.

Question 5: Will the credit limit be occupied after handling cash installment business? Answer: After successfully applying for cash installment of Minsheng Credit Card, the full principal of the cash installment will occupy the credit limit. The installment handling fee will occupy the cardholder's credit limit when the bill is issued in installments. The cardholder can make more payments within the limit of the limit. applications. The amount occupied by the corresponding transaction will be restored period by period with the repayment of each period, until the last period or all installment balances are paid off in advance.

Question 6: After the cash installment application is successful, which bank cards can be transferred to? Answer: Minsheng Credit Card cash installment not only supports debit cards of Minsheng Bank, but also debit cards of other banks, but these debit cards must be debit cards in your own name. Specifically, they include Industrial and Commercial Bank of China, China Construction Bank, Bank of China, Bank of Communications, China Everbright Bank, Agricultural Bank of China, Postal Savings Bank, China Merchants Bank, Shenzhen Rural Commercial Bank, and Wujiang Rural Commercial Bank.

Question 7. After applying for Minsheng Credit Card cash installment, can I repay in advance? Answer: Cash installment business allows early repayment, but you have to call the Minsheng Credit Card Service Hotline to apply. Only after the application is approved can you repay in advance. What should be explained here is that early repayment must pay off the outstanding installment principal and handling fees in one go. The handling fees collected will not be refunded, and the handling fees that have not been collected will be paid in one go and will not be exempted, so there is no need. of.