Hello, Industrial Bank’s cash advance loan and subsequent loan have the same points:

1. They are both shared with the credit card limit, and will occupy part of the credit limit with use; 2. It can be processed through mobile banking, online banking, credit card WeChat official account, Haoxingdong APP, telephone banking and other channels; 3. The daily limit of RMB processing for each card has been adjusted to 50,000 yuan.

The difference between Industrial Bank’s cash advance and follow-up loan:

1. Different limits: cash advance is the overdraft cash withdrawal limit within the credit limit; while follow-up loan is cash advance Within the available limit, that is to say, the cash advance limit must be > the subsequent loan limit.

2. The usage methods are different: for cash advance, you can use a credit card to withdraw cash, or you can transfer the money within the withdrawal limit to a debit card in your name for use; for cash advance, you cannot directly use a credit card to withdraw cash. , the funds within the available limit of cash advance must be transferred to the debit card in my name for use. In other words, there are more ways to use cash advance than to borrow money at the same time.

3. Different usage periods: There is no fixed usage period for cash advance. As long as the repayment amount after the current bill date is ≥ the minimum repayment amount of the current bill, it will not be considered overdue, but the unpaid portion will need to be Interest is calculated on a daily basis at the interest rate of 0.5% per day, and compound interest is calculated on a monthly basis;

As long as the number of loan application days is within the range of 1-90 days, interest will be charged on a daily basis, and compound interest will be calculated on a monthly basis. You need to repay the interest that has accrued as of the billing date, and then repay the principal and remaining interest in one lump sum on the agreed repayment date.

4. Different fees: There are two fees for cash advance. First, you need to pay a cash advance fee when handling, which is 2% of the amount of each cash advance. The minimum charge is 20 yuan per transaction. RMB or 2 U.S. dollars; the second is interest, which is calculated at a daily rate of 5/10,000 and compound interest is calculated on a monthly basis. There are also two fees for borrowing money, namely one-time handling fee and interest. The standard one-time handling fee rate is 10 yuan per transaction, and the interest is 5/10,000 per day, and compound interest is calculated monthly.

I hope this answer is helpful to you. This answer is provided by Youqianhua. Youqianhua is a credit service brand under Duxiaoman Finance (formerly Baidu Finance). The big brand is trustworthy. Click on the mobile phone Measure the amount immediately below, the maximum loan amount you can borrow is 200,000