1. CCB credit card loan and car purchase installment. CCB’s credit card does not provide loan function, but there are two large installments similar to loans, one is the car purchase installment and the other is the housing installment. This means that China Construction Bank transfers another amount of money to the credit card limit to buy a car, and then pays it back to the credit card in installments. However, this money can only be used by swiping the card at the dedicated installment POS machines of the merchants that CCB cooperates with. General POS machines use Can't. Installment payment for car purchases with CCB Long Card: This means that when the cardholder agrees to pay the down payment (the down payment is the net car price minus the approved amount), he applies to CCB to use his Long Card credit card (excluding business cards, student cards, supplementary cards and guarantees). Apply for a card) and purchase a family car at a CCB designated dealer. After approval by CCB, the actual installment amount will be divided into several equal installments, and the cardholder will make monthly repayments within the agreed period and pay a certain handling fee
2. CCB credit card loan car purchase expenses using credit card There is no interest when buying a car with a loan, but the bank will charge a certain handling fee or waive the handling fee depending on the number of periods selected by the car buyer. Generally, it is possible to waive the handling fee only when you choose a longer installment payment. China Construction Bank provides 12 installments (one year) and 24 installments (two years) for car purchase installments. The handling fee for purchasing a car with a credit card loan is a one-time charge, and the cardholder handling fee = the installment amount × the cardholder handling rate (the handling fee is included in the first month's bill after the installment purchase). The installment amount range for CCB car purchases is 20,000-200,000 (the installment amount range is different according to different models). China Construction Bank will decide whether to pass the approval and the approved amount based on the cardholder's credit record and consumption behavior. The minimum down payment ratio is 30% of the net car price (the down payment ratio varies according to different models), and the down payment must be paid in cash or debit card. If the installment amount of CCB car purchase installment cannot be divided by the number of repayment periods, the system will automatically round up the repayment amount of each period. Cardholders who apply for Long Card car purchase installments need to insure against total vehicle theft and vehicle loss insurance. The insurance period is consistent with the installment period. The first beneficiary of the insurance is the car owner himself.