Cash withdrawals from bank credit cards can be paid in installments and can be repaid according to the minimum repayment amount.

Must hold our bank’s personal credit card master card and maintain good card usage records. If you currently only hold a commercial card, business card, purchasing card, ANA guaranteed card or supplementary card, you cannot apply for cash installment at the moment.

The money applied for cash installment shall not be used for investment (including but not limited to house purchase, stocks, futures and other equity investments) and can only be used for consumption (including but not limited to decoration, home appliances, weddings, Car purchase, student aid, travel, medical care, etc.). Extended information

Credit card overdraft withdrawal:

Handling fee: It depends on the regulations of each bank. For example, the cash withdrawal fee for Ping An Credit Card is 2.5 yuan, with a minimum of 25 yuan/transaction; the domestic cash withdrawal amount for China Construction Bank Credit Card is based on the amount 0.5 will be charged, with a minimum of RMB 2/transaction and a maximum of RMB 100/transaction; China Merchants Bank credit card will be charged a domestic cash withdrawal amount of RMB 1, with a minimum of RMB 10/transaction; interest: calculated based on a daily interest rate of 5/10,000, starting from the day of cash withdrawal.

Cash withdrawal for credit card overpayment: Some banks need to charge a handling fee, and some do not. For example, the handling fee of China Merchants Bank is 0.5 of the amount withdrawn, and the minimum charge is ￥5 yuan or $1 USD.

China Merchants Bank official website-cash installment is a way for you to withdraw cash and repay it in installments