Time of installment application
From the trading day to the due repayment date, you can freely choose the installment transaction under RMB or USD account.
For unbilled transactions: you can apply for installment payment between the transaction date of 19:30 and the billing date of the bill corresponding to the transaction.
For bills that have been issued, you can apply for installment from the day after the billing date to the due repayment date (for customers with automatic repayment in the account, the deadline for application is due repayment date 17:00).
Application conditions of bill installment payment
The applicant must hold a personal credit card of China Merchants Bank, have a good record of using the card, and have no delay in repayment in the current period. Customers who only hold business cards, business cards, purchasing cards, ANA protection cards or supplementary cards cannot apply for bill installment for the time being.
Tips: The above are the necessary conditions for applying for bill installment. Whether the final bill installment application is approved depends on our credit card center.
The comprehensive evaluation results shall prevail.
Bill installment application amount
For the installment payment of RMB bills, the minimum application amount shall not be less than 300 yuan RMB each time; For the installment payment of USD bills, the minimum application amount shall not be less than USD 65,438+000 each time.
After the installment of RMB or USD bill is successful, the principal and handling fee of each installment will be credited to RMB account, that is, the installment amount of USD bill will be converted into RMB at the exchange rate specified at the time of application.
Bill installment charging standard
In this behavior, the cardholder provides personalized choices such as two periods, three periods, six periods, 10, 12, 18 and 24 periods, and the corresponding handling fees for each period are 1.0%, 0.9%, 0.75% and 0.7% respectively. At present, the application for non-single transaction only supports 2, 3, 6, 10 and 12. The second phase can only be applied through China Merchants Bank's mobile banking and pocket life channels.
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.
Bill installment reservation function
In order to facilitate customers to apply for installment consumption, China Merchants Bank provides installment bill reservation application function:
You can make an appointment for RMB account consumption on the same day by stages through self-service channels such as interactive SMS, online banking, mobile banking or Pad banking. After the consumption is recorded, if the staging conditions are met, the system will divide the consumption into specified staging according to your instructions.
You can also set the conditions for your future consumption or bills in advance. When there is a consumption or bill that meets the preset conditions and conforms to the staging rules of China Merchants Bank within the specified time period, the system will automatically divide the transaction or bill into the specified time period to help you realize intelligent financial management!