2. After the application is approved, the bank will release the installment card amount to the special debit card opened by the applicant in CCB.
3. Use the installment special debit card to swipe the card at the designated type of merchant. Although the money is in this debit card, the use of this debit card will be restricted, such as restricting cash withdrawal, transferring money to others, buying things online will also limit the amount of online payment, and the function of withholding or remittance will also be restricted to a certain extent.
This debit card also needs to repay the principal and handling fee on a monthly basis. The monthly handling fee is 0.5% of the total installment.
CCB installment pass is a credit product launched by China Construction Bank. This credit product provides a credit line for users who apply for installment payment. These credit lines are used to meet the daily large consumption needs of consumers. For example, when the amount of goods purchased by consumers is too large for ordinary bank cards to pay in time, you can choose to use CCB installment, but this installment is a bit troublesome, that is, you must swipe your card at a designated merchant.
The special debit card of CCB by installment refers to the credit card carried by installment. Although the installment card is a credit card, there is no fixed amount. This card only contains the installment amount applied by the applicant himself. Moreover, the purpose of this special debit card is different from other ordinary credit cards. It can only be consumed in a few fixed places, all of which are merchants designated by CCB.
And it should be noted that although your quota has been approved by installment, this quota has a certain validity period, that is, 60 days. If you don't use this card within 60 days, the limit of your special debit card will become zero again, which is equivalent to not using the installment card.