Most domestic banks should not borrow cash in advance, but some banks, such as China Merchants Bank, provide cash installment services. After applying to the bank, the overdrawn cash is directly credited to my debit card account, which is convenient for cash withdrawal, and only the installment fee is required, and no interest is required.

The credit card cash installment payment service of China Merchants Bank is a service provided by China Merchants Bank Credit Card Center for eligible cardholders to withdraw cash and repay in installments. The money applied for cash installment shall not be used for investment (including but not limited to equity investments such as house purchase, stocks and futures), but only for consumption (including but not limited to decoration, household appliances, wedding, car purchase, student aid, tourism, medical care, etc.). ).

The cash installment business of China Merchants Bank's credit card is limited to the cardholders of China Merchants Bank's personal credit card, but only the cardholders who hold business cards, official cards, purchasing cards, ANA guarantee cards or supplementary cards cannot apply. After applying for cash installment payment successfully, China Merchants Bank will transfer the money to the valid one-card account opened by the cardholder himself in China Merchants Bank (the account opening certificate of one-card must be the same as that of the credit card).

China Merchants Bank's credit card cash installment business is limited to RMB currency, and the amount of cash that cardholders can apply for withdrawal is within the available cash limit of their credit card advance. The minimum amount for each application is 2,000 yuan, and the cumulative amount does not exceed 50,000 yuan; China Merchants Bank provides cardholders with various installment numbers, including installment 3, installment 6, installment 10, installment 12, installment 18 and installment 24, and the corresponding handling fees for each installment are 0.95%, 0.8%, 0.75%, 0.75% and 0.75% respectively. Handling fee per installment = total installment amount * handling fee rate per installment. The installment amount and handling fee of each period are recorded at the same time, and the handling fee will not be refunded once it is collected.

China Merchants Bank credit card cash installment business can be applied through personal online banking, China Merchants Bank Pocket Life Client and 4008205555 customer service phone.