1. Some credit cards are free of annual fees during the validity period, regardless of the number of swipes, such as ABC's Dream Credit Card and ICBC's Constellation Credit Card.
2. Some credit cards are exempt from the annual fee in the first year, and the annual fee will be exempted if the number of swipes reaches the specified level in the second year. Different types of credit cards have different regulations, such as Bank of Communications standard credit card swiping 6 times and Agricultural Bank Jinsui standard swiping 5 times.
Credit card loan means that the bank gives a certain amount according to the credit status of the credit card holder, and the cardholder can use the credit card for credit card consumption. Credit card loan repayment methods are divided into one-time repayment and installment repayment.
According to the credit status of credit card holders, banks will increase the installment quota of their credit cards to meet the needs of cardholders to buy designated brand cars during the disposal period of designated dealers. Cardholders can repay the car purchase money in monthly installments only by bearing a certain handling fee, which fully reduces the repayment pressure.
Handling fee: You don't need to pay bank loan interest to buy a car by installment with a credit card, but you have to bear a one-time handling fee. Handling fee = installment amount × cardholder's handling fee rate (the handling fee is included in the first month's bill after installment purchase), and the handling fee rate of each bank is different.
Loan Term: Generally, the longest term of car purchase by installment is 24 months.
Down payment: If you buy a car by credit card, you generally need to pay a down payment of not less than 30% of the car price.
Limit: The bank has regulations on the credit card installment loan amount. For example, CCB stipulates that the installment amount range of car purchase is 200,000-200,000.
Credit card loan to buy a car is a credit card installment business launched by banks. The credit limit that cardholders can apply for is generally 200,000-200,000; There are three stages: 12 months, 24 months and 36 months. There is no loan interest rate for credit installment car purchase, and banks only charge fees, with different installment rates.
Credit card loan has zero interest, preferential handling fee, unsecured and unsecured installment payment. You can also enjoy credit card points feedback, without the burden of high loan interest, and you can also avoid cumbersome mortgage procedures. You can provide some materials to the bank, pay the handling fee in one lump sum and apply for a special credit card. The disadvantage is that the car price is limited, but you can choose most commonly used models.
Shopping mall installment is one of the credit services of bank credit card consumption, that is, credit card holders can choose to divide the total price of purchased goods or services into three, six, 12 or 24 installments on average. Pay back the money on time according to the credit card bill every month. The cardholder chooses to go to the installment merchant store specially designated by the bank and complete the installment payment through the designated POS machine, which is referred to as "shopping mall installment payment".