Can I use a credit card to buy a house in Shanghai? Of course you can, but you either have to prepare 50,000 yuan to repay the bank when the credit card account expires in more than a month, or you can pay back 10%, which is the minimum repayment of 5,000 yuan. Um, and then ask the bank to deduct hundreds of dollars in interest from you every month until you pay it off. Otherwise, if you can't pay off the minimum payment, it will definitely affect your credit record. So if you can't raise money in the short term, it's best not to do it. If you rely on credit cards to make a living, the interest will be very high if you can't afford it. You still have to live within your means when buying a house, which will not be good if it affects the quality of life.