According to the regulations of CITIC Bank, after applying for the Yuanmengjin business, you can apply for early repayment, but early repayment will be charged corresponding handling fees. The specific regulations are as follows:
CITIC Bank The handling fee for early repayment of Dream Gold is collected as follows: 1 installment handling fee is charged. In addition, selected cardholders can apply for early termination of the installment repayment plan, but must repay all remaining installment amounts in one go. The handling fee collected will not be charged. It will be refunded, and an additional handling fee will be charged as an early repayment handling fee.
1. China CITIC Bank
CHINA CITIC BANK, formerly known as CITIC Industrial Bank, was founded in 1987 and changed to its current name at the end of 2005. CITIC Bank is one of China's national commercial banks, headquartered in Beijing.
The major shareholder is CITIC Corporation of China. Spanish Bank of Spain (Banco Bilbao Vizcaya Argentaria, S.A BBVA) spent 501 million euros (approximately HK$5.02 billion) to purchase the equity of CITIC Bank 5, and also has the option to increase its shareholding ratio in CITIC Bank to 10.07. April 27, 2007 , CITIC Bank is listed on the Shanghai Stock Exchange. CITIC Bank is the seventh largest bank in mainland China, with total assets of more than HK$1.2 trillion, more than 16,000 employees and more than 540 branches. It is one of the six lines and three guarantees for Chinese financial stocks in Hong Kong.
On November 18, 2015, China CITIC Bank and Baidu reached a strategic cooperation to establish Baixin Bank.
In December 2015, a new policy of “free online banking transfers” was launched
2. What does Yuanmengjin look like?
This type of payment is generally equal monthly repayment of principal and interest. When converted, the actual interest rate is equivalent to an annualized rate of 18, which is similar to a credit card installment. CITIC Dream Realm Gold is a high-value installment plan with a fixed interest rate and the installment amount can be set. When a single consumption exceeds the set amount, installments will be automatically carried out. After the cardholder's application is approved, he or she must swipe the card within the validity period. If the validity period is one month, the cardholder can continue to apply next month. Repay according to the selected installment number, and you can also repay in advance.
It should be noted that:
1. Dream Gold will occupy the credit limit of the cardholder's credit card during the installment period. The credit limit cannot be used repeatedly and will gradually decrease with the monthly repayment. .
2. The installment amount and validity period of Yuanmengjin will be adjusted as the cardholder’s card usage and credit status change, and are not fixed. My dream bonus is valid for 1 month.
3. Dream Gold cannot be used for real estate, finance, public hospitals, gambling, and pre-authorized consumption.
4. The installment amount and number of installments that have been recorded cannot be changed, and the consumption that has been installment cannot be re-installed. If a purchase is returned, the installment of the purchase will not be cancelled.
3. The charging standard of Dream Gold
The monthly interest rate of Dream Gold is 0.75. No matter how many installments it is divided into, the monthly interest rate remains unchanged.
4. How to repay Yuan Meng Jin?
1. The monthly principal amortization and handling fee will be included in the monthly credit card bill. Cardholders can repay in advance. If the handling fee is paid in one go, early repayment will not be refunded and the handling fee will not be refunded. If you pay in installments, in addition to the non-refundable balance that has already been paid on the statement, you will also be charged 3% of the remaining unpaid principal as liquidated damages.
2. If you don’t use the Yuan Meng Jin, you must cancel it in time. Otherwise, if you use the card in the subsequent period to spend more than the set starting point, handling fees will still be automatically incurred in installments. Some cardholders didn't understand the rules, called customer service and had a heated argument, and the handling fee was refunded. This is a relatively lucky situation. When using Yuanmengjin, it is safer to see the rules clearly and follow them. This pit is here, whether you can jump or not depends on your own financial situation.