With the increasing number of credit cards, many people use credit cards to buy cars by stages, and China Merchants Bank credit cards can buy cars by stages. Many people want to buy a car by installment with China Merchants Bank credit card, so how can China Merchants Bank credit card buy a car by installment?

How to buy a car by installment with China Merchants Bank credit card?

1 applicants need to call the credit card customer service phone of China Merchants Bank to inquire whether they can participate in the credit card loan car purchase business and how much the exclusive car purchase quota can be approved;

2. The applicant holds a valid identity document to the designated dealer store to apply for car purchase by stages;

The applicant confirms the purchased vehicle, fills in the purchase order and submits it to the bank and the bank background for verification;

4 After the car purchase qualification is approved, the cardholder pays the down payment (generally no credit card is required) and handles licensing, insurance and mortgage;

The bank will review the loan in the background, and the applicant can pick up the car after completing the loan procedures.

To buy a car by installment with China Merchants Bank credit card, the bank requires the applicant to have a stable job and income in addition to good personal credit information. In addition, if the cardholder has not applied for a bank credit card, he can also directly apply for a credit card loan to buy a car, and the bank will issue a credit card to the cardholder for repayment.