The card used to repay the car loan is a credit card: it is usually processed at the same time as the car loan is issued; it needs to be bound to the bank card in my name for deduction. This credit card is generally used for repayment; the limit after the card is issued is usually zero yuan or one yuan; if you need to use it, you need to go to the bank with relevant documents to apply for a limit; the limit after application is generally more than 2,000 yuan.

Credit card loans refer to banks granting a certain amount of money based on the credit card holder’s credit status, and the cardholder can use the credit card to make purchases. Credit card loan repayment methods are divided into two methods: one-time principal repayment and installment repayment. The bank increases the installment limit of the credit card based on the credit card holder's credit status to meet the card holder's needs to purchase designated brand cars in installments at designated dealers. Cardholders only need to bear a certain handling fee to repay the car purchase amount in monthly installments, which is a new car loan model that fully reduces the repayment pressure. Handling fee: You do not need to pay bank loan interest when purchasing a car in installments with a credit card, but you will need to bear a one-time handling fee. Handling fee = installment amount Loan term: The maximum term for installment car purchases is generally 24 months. Down payment: When purchasing a car by credit card installment payment, you generally need to pay a down payment of no less than RMB 30 of the car price. Limit: Each bank stipulates the loan amount for credit card installment car purchases. For example, China Construction Bank stipulates that the installment amount for car purchases ranges from 20,000 to 200,000.

Credit card loan to buy a car is a credit card installment business launched by the bank. The credit limit that cardholders can apply for is generally 20,000-200,000; there are three types of installments: 12 months, 24 months, and 36 months; there is no loan interest rate for credit installment car purchases, and the bank only charges a handling fee. The handling fees for different installments Rates vary. Credit card loans for car purchases include zero interest in installments, preferential handling fees, no guarantee, and no mortgage. You also enjoy credit card points rewards, without the burden of high loan interest, and you are also exempted from the tedious mortgage procedures. You can apply for a specialized credit card by providing some materials to the bank. And just pay the one-time handling fee. The disadvantage is that the car models and prices are limited, but most commonly used models can be selected. One of the consumer credit services of bank credit cards, it is an online payment and installment settlement platform provided by banks for credit card holders. Currently, only some banks have opened this service.