Bank of Communications' credit card Haoxiangdai is an additional installment service that allows cardholders to obtain exclusive funds in addition to the credit card limit. This service is similar to China Guangfa Bank’s reserve fund and Shanghai Pudong Development Bank’s universal fund, and is mainly designed to support the installment payment needs of large purchases. For example, if your credit card limit is 50,000 yuan, and if you pre-set the Haoxiangdai limit to 10,000 yuan, then after your consumption reaches this amount, the excess will automatically be repaid in installments.

Haoxiangdai is a credit product specially designed by Bank of Communications. It provides an exclusive line of up to 150,000 yuan and is valid within 90 days after the application is approved. This limit is independent of your basic credit card limit, that is, it will not affect the available limits of your other credit cards. Importantly, the Haoxiang loan limit is not recyclable. Once used, the limit will not be automatically restored even if subsequent repayments or returns are made.

This service is applicable to most Bank of Communications credit card types, but does not include business cards, quasi-credit cards, installment cards and supplementary cards. For Bank of Communications credit card holders who want to meet their large consumption needs while enjoying the convenience of installment repayment, Haoxiangdai is undoubtedly an option worth considering. If you are further interested in this service, you can check the official details of Bank of Communications or related encyclopedia pages for more information.