The bill installment business is limited to credit card holders, and only holders of business cards, official cards, purchasing cards, ANA protection cards or supplementary cards cannot apply.
The following transactions cannot be used for installment payment:
1) Cash advance transaction, installment transaction, real estate transaction and various expenses (such as annual fee, interest, late payment fee and other credit card expenses);
2) transactions and funds in the US dollar account that have applied for foreign exchange purchase;
3) Other transactions specified by the Credit Card Center of the Bank.
Extended data:
Precautions for bill installment:
1. For the transaction without bill, the cardholder can apply for bill installment at 19:30 between the transaction date and the bill date of the corresponding bill. For the transaction of RMB account, if the merchant fails to settle with the bank within two days after the application, the business application will be automatically cancelled. For the transaction of USD account, if the merchant fails to settle the account with the bank within 30 days after the application, the business application will be automatically cancelled.
For the issued bill, you can apply for the bill installment from the next day of the current billing date to the due repayment date. The account has an automatic repayment cardholder, and the deadline for application is due repayment date 17:00.
2. During the period when the cardholder uses the reservation function for future transactions, the transactions recorded on the billing date cannot be accounted for by installments.
3. Apply for bill installment payment for unbilled transactions. If the merchant fails to settle with the bank, the total amount of the bill installment payment should be equal to the amount of the checked transaction. If the merchant has settled with the bank, he can apply for bill installment within the scope of the amount he can apply for.
4. If you apply for bill installment for issued bills, you can apply for the maximum bill installment amount, subject to the actual evaluation results. The bill installment amount that exceeds the remaining debt of the current bill will automatically offset the subsequent bills in turn.
5. For the general ledger installment application for consolidated arrears of invoiced transactions and unbilled transactions in RMB accounts, within the installment amount range, the installment of invoiced transactions will be given priority by default.
6. Handle the installment payment of RMB bills, and the minimum amount of each payment is not less than 300 yuan RMB; For the installment payment of US dollar bills, the minimum amount of each application shall not be less than US$ 65,438+000.
7. Transactions that cannot be settled by installment include: cash advance transaction, installment payment transaction, various expenses (such as annual fee, interest, liquidated damages, etc.), RMB money that has been applied for foreign exchange purchase, real estate transaction, pre-authorization transaction and other transactions specified by bank credit card center.
8. Once the cardholder's bill installment application is approved, it is irrevocable, and the installment amount and the number of installments applied for cannot be changed.
9. After the cardholder successfully applies for bill installment, a credit transaction will be formed on the cardholder's bill. The credit transaction amount (total amount) is equal to the amount applied for installment, which is used to adjust the cardholder's consumption arrears.
Apply for bill installment payment for issued bills. The "trading day" of the credit transaction corresponds to the billing date of the bill that the cardholder applies for bill installment, and the "posting date" is the application date of the cardholder's bill installment business; Apply for bill installment for outstanding bills, and the trading day and entry date of the credit transaction are the application date of the cardholder's bill installment business.
China Merchants Bank-Frequently Asked Questions on Credit Card Bill Staging