Why does the installment card of CCB occupy the interest of credit card? This is because installment cards are issued in the form of credit cards. After the installment card is consumed, it will be repaid on schedule according to the balance shown in the bill corresponding to CCB APP Longka Credit Card.
The amount of handling fee payable by the cardholder in each installment = actual installment amount × monthly handling fee rate. According to the number of transaction periods, the handling fee will be recorded monthly from the first billing date after the transaction is completed, and will be fully included in the minimum repayment amount of the credit card.
If the amount payable in the current period listed in the bill is fully repaid before the due repayment date, you can enjoy the interest-free treatment of repaying the principal in installments in the current month, and no interest is calculated.
The monthly rate of installment cards of CCB varies according to the product term, generally ranging from 0.28% to 0.4%.
The use method of the installment card of CCB is to check the pre-approved amount on the mobile banking app of CCB, and then submit the installment card application at any outlet of CCB. After the approval, the customer will be notified by SMS and the installment card will be issued to the customer. The customer holds the installment pass card and swipes the card at the designated merchant according to the agreed purpose.
The installment card of CCB is a product with relatively high cost performance, which can help customers realize large-scale consumption installment payment and reduce the financial pressure. However, the following points should also be noted when using:
-The use of the installment pass card is restricted, and it can only be used for large-scale consumption of durable consumer goods, weddings, childcare, settlement, tax payment, health and so on. And cash, online payment and transfer are not allowed.
-The installment card is a credit line granted to users by China Construction Bank, which is not available to everyone. The credit line depends on the user's conditions. If the user has good credit and stable work, he will have the opportunity to get the credit line.
-Don't fill in real estate, automobile, finance and other industries when filling in the use of funds, otherwise even if the qualifications are good, they will be rejected.