China Merchants Bank credit card charges are as follows:
1. installment fee of China merchants bank:
Handling fee = consumption amount, handling fee rate and number of stages. The bill is interest-free in installments, and the minimum handling fee for each installment is 5 yuan. The bill is divided into three installments, 0.9% for each installment, 0.75% for each installment, 0.70% for 10, 0.66% for 12, 0.68% for each installment, and 0.64% for each installment.
2. Credit card withdrawal fee of China Merchants Bank:
Domestic cash withdrawal: 65,438+0% of the cash withdrawal amount is charged for each transaction, with a minimum of 65,438+00 yuan for each transaction.
Overseas cash withdrawal: 3% of the cash withdrawal amount is charged for each transaction, with a minimum of $3,30 (American Express Card-Centurion Black Gold Card and American Express Card-Centurion Platinum Card have a minimum of $5,30).
The main features of credit cards:
1. Credit card is one of the fastest-growing financial services, and it can replace the traditional cash circulation in a certain range.
2. Credit card has both payment and credit functions. Cardholders can use it to buy goods or enjoy services, and they can also use credit cards to obtain certain loans from card issuers;
Credit card is a high-tech product integrating financial business and computer technology.
4. Credit cards can reduce the use of cash and currency;
5. Credit card can provide settlement service, which is convenient for shopping and consumption and enhances the sense of security;
6. Credit cards can simplify the collection procedures and save social labor;
7. Credit cards can promote commodity sales and social needs.
Main types
According to different card issuers, it can be divided into bank cards and non-bank cards.
Bank card. This is a credit card issued by the bank. Cardholders can shop and spend money at the special merchants of the issuing bank, or they can withdraw cash at any time at the outlets of the issuing bank or at places with ATMs.
Non-bank card. This kind of card can be divided into retail credit card and travel entertainment card. Retail credit cards are credit cards issued by commercial organizations, such as department stores and oil companies, which are specially used for shopping in designated stores or filling gas stations. , and settle accounts regularly. Travel and entertainment card is a credit card issued by airlines, travel companies and other service industries, which is used for ticket purchase, dining, accommodation, entertainment and so on.
According to the different issuing banks, it can be divided into corporate cards and personal cards.
Company card. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, state party and government organs, armed forces, organizations and other legal person organizations.
Personal card. Personal cards are issued to individual urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable income sources. The personal card is applied in the name of an individual and bears all the responsibilities for its use.
According to the credit status of cardholders, it can be divided into ordinary cards and gold cards.
Ordinary card. Ordinary cards are issued to cardholders with average economic strength, credibility and status, and the requirements are not high.
Gold card. Gold card is an advanced credit card that pays a high membership fee and enjoys special treatment. Card issuers are institutions with high credit, strong repayment ability, credit or certain social status. The starting point of gold card authorization limit is higher, and the additional service items and scope are wider, so the requirements for related service fees and deposits are higher.
Credit cards can be divided into credit cards and debit cards according to different payment methods.
Credit card. That is, when the issuing bank provides bank credit, it overdraws first, and then repays or pays in installments. Most of these cards are used for international circulation. In other words, the way to allow cardholders to pay off their credit card accounts is "consume first, then deposit". At present, most of the cards in circulation in the world are of this kind.
Credit and debit cards. It's a credit card issued by the bank. Deposit first and then spend. When applying for a credit card, the cardholder needs to deposit a certain amount of money in the issuing bank in advance as a backup. The cardholder needs to use the card on the basis of the deposit balance, and generally no overdraft is allowed.
How much is the credit card handling fee of China Merchants Bank?
1, domestic cash withdrawal of China Merchants Bank credit card
The handling fee for RMB cash withdrawal in China is 65,438+0% of each cash withdrawal amount, and the minimum handling fee is 65,438+00 RMB.
2. Overseas cash withdrawal of China Merchants Bank's credit card
The handling fee for overseas cash advance is 3% of each cash withdrawal amount, and the minimum fee is USD 3 or 30 yuan RMB.
Credit card is a credit certificate issued by commercial banks or credit card companies to qualified consumers.
The form of credit card is a card with the name of the issuing bank, expiration date, number and cardholder's name printed on the front. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limit.
The role of credit cards:
1. It is convenient for people's life and saves the trouble of carrying cash. And there are no geographical restrictions on using credit cards. Whenever you swipe your card anywhere in China, you can swipe it as long as you have the UnionPay logo, and there is no handling fee;
2. Be able to participate in various discount activities in cooperation between merchants and banks;
3. The points earned by credit card spending can be exchanged for gifts;
4. Timely repayment after swiping the card will enhance the credibility of personal banks.
The purpose of the credit card:
1. Shopping consumption.
2. Microfinance.
Save money.
4. Shopping saves money.
5. Value-added services of credit cards to obtain cheap insurance and travel.
6. Credit certificate.
Credit card repayment methods are:
1, ATM repayment. Cardholders can go to the ATM of the bank to make a card deposit, and depositing money in the credit card means paying back the money.
2. Mobile banking repayment. All major banks have mobile banking software, which can be installed on mobile phones to repay credit cards.
3. AliPay repayment. Alipay has a credit card repayment function. Click "Credit Card Repayment" on the homepage, and you can repay after binding the credit card.
4. wechat repayment. There is a credit card repayment function on WeChat. Click "Me"-"Pay" to see the "Credit Card Repayment" function.
5. Repay at the bank counter. Cardholders can go to bank outlets with credit cards, ID cards and cash, and handle credit card repayment business at the counter.
Debit card of China Merchants Bank: It can be divided into one card and golden sunflower card, and has the functions of fixed demand, multiple deposits, multiple currencies and multiple functions.
China Merchants Bank Credit Card: A credit card in the form of chip magnetic stripe, which has all the functions of credit card such as overdraft and integral.
Golden sunflower financial management: a comprehensive financial management service system for individual high-end customers, covering liabilities, assets, intermediary business and financial consultants.
The credit card system of China Merchants Bank is relatively perfect, and the credit card grades are divided into: Puka, Gold Card, Platinum Card, Diamond Card, Unlimited Card and Black Gold. More than 200 types of cards, especially high-end cards, this system has a clear hierarchy and is very popular among high-end people!
How to calculate the installment interest and handling fee of China Merchants Credit Card?
China Merchants Bank provides cardholders with personalized choices such as the 2nd installment, 3rd installment, 6th installment, 10 installment, 12 installment, 18 installment, 24th installment and 36th installment, and the corresponding handling fees for each installment are 1.0%, 0.9% and 0.75% respectively. At present, the application for non-single transaction only supports 2, 3, 6, 10 and 12. Among them, the second phase can only be applied through our mobile banking and pocket life channel, and the 36th phase can only be applied through China Merchants Bank's customer service and pocket life channel. Handling fee per installment = total installment amount × handling fee rate per installment. The total installment principal is amortized monthly, and the balance is included in the last installment. At the same time, the installment amount and the handling fee of each period are recorded.
1. There are many ways to stage China Merchants Bank credit cards:
1) Shopping mall staging means that you bring your credit card and ID card to the merchants who have staging agreements with China Merchants Bank, and after success, you can pay the handling fee corresponding to the number of staging, and then pay the monthly staging. For example, if you go to Suning Appliance Brush Mall to buy goods with a total price of 2,400 yuan in installments and brush them in six installments, and the handling fee is assumed to be 3% (subject to the announcement of the mall), then you need to pay 2,400 ÷ 62,400× 3% = 472 yuan in the first installment, and then return it to 400 yuan every month for five consecutive months.
2) Go directly to China Merchants Bank's credit card mall in official website for online installment purchase, and there will be no extra handling fee and freight beyond a single installment. For example, goods marked as 400×6 installments in the mall can be placed directly online and returned to 400 yuan every month for six consecutive months after confirmation. In the first month after the order is placed successfully, China Merchants Bank will deliver the goods directly to you.
3) If the above method can't be done, go to the merchants who only support credit card consumption but don't support installment, and then apply for installment after one-time credit card transaction. That is the "bill installment" function of China Merchants Bank's credit card, that is, apply for the part with the maximum bill amount of 90% and no more than 80% of the fixed amount in one month in three, six or 12 installments, and bear the corresponding handling fees of 2.6% and 4%.
In short, how to repay by installments depends on the installment method and amount you choose.
The overdue fine for credit card is: 5% of the unpaid part of the minimum repayment amount.
2. Calculation formula of overdue interest of credit card: overdue interest of credit card = overdue days of consumption last month: 0.0005.
There are three figures in the above formula for calculating overdue interest of credit cards, namely overdue amount, overdue days and daily interest rate. Here are the meanings of these three numbers.
1. Last month's consumption
It should be noted that the overdue amount of credit card is not the amount owed, but the amount spent last month. In other words, if you spent 10000 yuan last month, even if you have paid back 9999 yuan, the overdue interest of the credit card will be calculated according to the debt of 1 yuan.
So try not to generate overdue credit cards, otherwise the interest base will be too large if you spend a lot last month.
2. Days overdue
Because the overdue interest of credit cards is calculated on a daily basis, the number of overdue days of credit cards is also very important. The number of overdue days refers to the number of days from the bookkeeping date to the current bookkeeping date.
3. Daily interest rate
The daily interest rate of overdue interest on credit cards is uniform, which is 0.0005 per day.
China Merchants Bank credit card installment fee
1, the installment fee rate of China Merchants Bank's credit card is related to the number of installments. Different stages correspond to different expenses. The longer the installment time, the lower the rate. China Merchants Bank Credit Card can be divided into two periods: 1%, three periods: 0.9%, six periods: 0.75%, 10 period: 0.7%, 6544.
2. The calculation formula of the handling fee for each period is: application amount × handling fee rate for each period = handling fee for each period; The calculation formula of total handling fee is: application amount × total handling fee rate = total handling fee.
Generally speaking, with the increase of installment time, the proportion of handling fees is gradually decreasing, but in fact, the total expenses that everyone needs to pay are increasing. Taking the installment of 10000 yuan as an example, the total handling fees corresponding to different installment times are as follows: 200 yuan for Phase 2, 270 yuan for Phase 3, RMB 225 for Phase 6, 700 yuan for Phase 10, RMB 792 for Phase/2 and RMB 24 for Phase 1224.
4. From the above data, it is not difficult to see that although the fees for Phase 2 and Phase 6 are the lowest, even the fees for Phase 2 will be lower than those for Phase 6. However, judging from the repayment pressure of cardholders, repayment in six installments is the most cost-effective. However, it should be noted that if the installment fee is paid in one lump sum in the first installment, China Merchants Bank will not refund the fees paid before even if it wants to repay in advance in the later period. If the handling fee is paid on schedule, the remaining unpaid handling fee will not be paid, but the previously paid handling fee will not be refunded. However, installment repayment can also be regarded as an act of contributing to the bank, so for the small partners who want to withdraw the amount, it will help everyone to withdraw the credit card smoothly.
After using the 1. credit card, there may be a shortage of funds to repay. In view of this situation, banks have introduced credit card installment. In addition, there is a minimum repayment for credit cards, all to reduce the repayment burden of cardholders.
2. As long as the cardholder chooses the minimum repayment amount on the repayment date, it is not overdue. The minimum repayment amount of China Merchants Bank's credit card is 30% of the total repayment amount of the current bill, but a certain interest will be charged. From the day the cardholder spends, the daily interest rate will be five ten thousandths. If the credit card reaches the repayment date, you can choose these two repayment methods to avoid overdue. Once overdue, the bank will record it in the credit information system, which will lead to the rejection of the bank's credit business in the future.
So much for the introduction of China Merchants Credit Card rates.