How to repay Minsheng credit card bills after installments

Many cardholders have applied for Minsheng credit card bill installments, but they don’t know how to repay them after the installments. In fact, this problem is quite simple. After the installment is successful, you only need to repay the installment amount in the current period, and then repay the installment amount every month starting from the next month. Let’s learn about it together.

Cardholders can apply for bill installment business through Minsheng Bank credit card online banking, mobile banking, customer service hotline, WeChat and other channels. The installment amount can be up to 90% of the total new RMB card consumption in the current period.

After the installment is successful, the cardholder only needs to repay the remaining bill amount after deducting the installment amount when it is due. After that, the principal repayable for each installment of the bill installment = the total principal amount of the installment ÷ the number of installments. The principal repayable for each installment (accurate to the minute) will be credited to the cardholder's credit card account month by month, and the remainder will be credited to the last installment.

In other words, there are two ways to repay the loan after the installment is successful.

1. Monthly repayment in installments:

You only need to repay the remaining bill amount after deducting the installment amount, which is 10% of the bill amount, in the final repayment of the current period. The amount is 1,000 yuan, so you only need to pay back 100 yuan.

2. Monthly installment repayment: Installment fee for the principal payable in each installment

You can repay in advance after applying for installment, but you need to pay attention to these matters:

First, once the bill installment is applied for, it is irrevocable. If you need to terminate the installment early, you need to call the customer service number and apply for early termination. Then the arrears and handling fees for the remaining installments will be settled in one go on the next bill date. , the cardholder is required to repay;

Second, it should be reminded that the installment fee is non-refundable. Even if the installment is terminated in advance, the fee will still be charged.

If you want to repay in advance, you need to call the customer service hotline to apply for early termination of the installment. After the application is successful, the unaccounted installment principal and handling fee will be credited to your account at one time, and you need to repay the loan when it is due. clear. Unless there are special needs, there is no need to terminate the installment in advance, because if you terminate it early, the installment handling fee will still be charged.

What are the repayment methods for Minsheng Bank credit cards?

Nowadays, there are more and more credit card repayment channels. Previously, you had to go out to do it, but now you can repay the credit card at home. So what are the repayment methods for Minsheng Bank credit cards?

1. Minsheng Bank counter repayment (USD, RMB)

You can bring cash and credit card and go to any Minsheng Bank branch nationwide for cash repayment before the final repayment date , if you hold a Minsheng Bank debit card or current deposit card, you can also handle transfer and repayment at the branch counter. If you have not applied for automatic foreign exchange purchase and repayment, you can also handle foreign exchange purchase and repayment at the branch counter.

2. Cash deposit repayment at Minsheng Bank CDM deposit machines (RMB)

You can bring your credit card and cash and repay through CDM machines at Minsheng Bank business outlets and self-service outlets. Process: Insert Minsheng Credit Card - Enter the credit card transaction password - Select "Deposit" - Put cash into the "Input Slot" - Confirm - Confirm the deposit amount - Select "Print Receipt" - Select "Get Card" ”

3. Alipay repayment

After entering the Alipay homepage, select the application center.

Choose credit card repayment. After entering credit repayment, click on the red marked area Credit Card Management.

Add credit card information. Alipay currently supports 36 credit card issuing banks. The card-issuing bank and cardholder's name must be the same as the information reserved by the bank.

After completing the above information, directly click on the credit card repayment on the right.

After jumping to the page, enter the repayment amount and submit the repayment application. It usually arrives on the same day.

4. Repay over the counter

Go to the local Minsheng Bank counter to repay in cash or passbook.

5. Telephone banking automatic transfer repayment

Dial 95568 and select "8-Credit Card Business" or 400-66-95568, enter "7-Personal Card", enter the ID number and Credit card inquiry password, then select "6-Transfer Repayment", enter the Minsheng debit card, transfer amount and debit card inquiry password.

How can I pay the minimum repayment of Minsheng Bank Credit Card?

Minsheng Bank credit card minimum repayment is a method of credit card repayment, which can be repaid through online banking, mobile banking, over-the-counter deposits, ATM machines, etc. Minimum repayment amount = the minimum repayment amount of the previous period's bill and the unpaid portion of the current period's bill overdraft balance 10. If the minimum repayment amount is paid before the due repayment date (inclusive), the card issuer will charge overdraft interest at a rate of 50,000 per day.