Nowadays, people use credit cards everywhere in their lives, and buying insurance is no exception. China Merchants Bank Credit Card Insurance is an insurance business jointly launched by China Merchants Bank and Cigna Insurance Company of America. I believe you still have many questions about this type of insurance. Let’s share the basic knowledge with you. Which insurance company is the best? I just compiled the relevant content. I hope it will be helpful to you: the latest list! Ranking of the top ten insurance companies in the country

Instructions for purchasing credit card insurance from China Merchants Bank

First of all, credit card points are the most concerned topic for many people who purchase insurance through China Merchants Bank Credit Card Center. Currently, if you use a China Merchants Bank credit card to purchase insurance, the premium will be included in the bill as a general consumption, so credit card points are calculated.

Secondly, when the cost of purchasing China Merchants Bank credit card insurance is included in the credit card bill as a general consumption, not all of it will be included in the minimum repayment amount. Usually only 5 or 10 will be included in the minimum repayment amount. And as general consumption, delayed repayment also requires interest. The interest calculation method adopted by China Merchants Bank Credit Card Center is 0.5% per day starting from the day of consumption until all is paid off.

Thirdly, China Merchants Bank’s credit card insurance is generally conducted through electronic sales. When many cardholders receive sales calls from China Merchants Bank for credit card insurance, most salespeople will tell the cardholders that it is best to decide whether to purchase it on the phone that day. In fact, if you are interested in purchasing insurance, you don’t need to make a decision on the spot. You can go home and check the relevant insurance types and specific terms online before making a decision. Cardholders can directly tell the salesperson that they have the intention to purchase, but they must go home and check the insurance terms before making a decision, and let the salesperson call again the day after tomorrow to confirm whether to purchase.

Of course, if the cardholder learns through other channels that China Merchants Bank’s official insurance website, China Merchants Cigna Insurance Company, is offering insurance discounts, and he really wants to buy the insurance, he can also Log in directly to the official website to learn about the situation and purchase. However, it should be reminded that because insurance products may have certain premium differences due to regional differences and differences in policyholders, and some products have certain restrictions on insured customers, some people may not be able to purchase them.