Hello, in terms of consumption patterns, at present, our bank has cash installment before consumption, shopping installment during consumption and bill installment after consumption. You can choose according to your personal needs:
1. Cash installment is a business provided by China Merchants Bank to withdraw cash and repay it in installments. You can directly transfer it from a credit card to a smart card under your name, and use the smart card for consumption, and then upload the consumption receipt regularly. For details, please refer to the description on the webpage: /cash/Index.aspx, first of all, it must be evaluated to determine whether it can be done. A certain handling fee is required for cash installment, and the handling fee is charged in installments. The handling fee for each installment = total installment amount × handling fee rate. The benchmark handling fee rate for each period is: .95% for 3 periods, .8% for 6 periods, .75% for 1 periods, .75% for 12 periods, .75% for 18 periods and .75% for 24 periods.
2. Shopping by installment: through our special merchants, we choose to purchase the designated goods or services by installment. For the specific charging standard of installment payment and the merchants that can be handled, you can log on to our credit card website/and click "Installment Shopping" to inquire;
3. bill installment (only holders of business cards, business cards (including financial business cards), purchasing cards, ANA guarantee cards or supplementary cards cannot apply): if the merchant you shop is not a special merchant of our bank, you can apply for bill installment after consumption. Bill installment is a new financial management function launched by our credit card, which can help you repay the consumption amount in your bill in monthly installments. Whether the application for bill installment is passed or not is subject to the comprehensive evaluation results of our credit card center. For details, please log on to the credit card website/,and click "Financing Staging"-"Billing Staging" to inquire.
If you have any questions about other credit cards of China Merchants Bank, you can add QQ Corporate Customer Service (4825555) or WeChat (Credit Card Center of China Merchants Bank) for consultation. Thank you for your attention and support!