You can spend as much as you want, and you can use it if you have a quota. Basically, it is an installment amount. For large amounts, you may need to provide consumption vouchers, but this is a small part of the case.

The exclusive consumption limit of China Merchants Bank’s credit card is an independent limit in addition to the credit limit, and the rate is very low. It refers to using the credit card to purchase products specified by the bank. The bank provides an additional limit. This limit does not The original credit card limit is occupied, but the consumption must be paid in installments. After using the exclusive installment quota, you need to pay the installment fee just like other installments.

1. Application conditions for China Merchants Bank Exclusive Consumption Installment Card:

Application is limited to principal cardholders of China Merchants Bank credit card personal cards, and only holds student cards, business cards, and business cards Cardholders of , purchasing cards or supplementary cards are temporarily unable to apply. After successfully applying for an installment card for the first time, an independent installment card account will be generated.

II. Regulations on the use of China Merchants Bank’s exclusive consumption installment card:

The cardholder’s single consumption amount when using the installment card shall not be less than 10 yuan, and shall not be used for production, operation, or It is used for investment, house purchase, etc. and shall not be used for illegal activities. After the automatic installment is completed, the successful installment transaction cannot be revoked, and the successful installment transaction amount or number of installments cannot be changed. Successful installment transactions will not be affected by repayment or returns and will be automatically canceled.

3. What should I do if the credit card installment repayment is not paid?

1. The cardholder exceeds the prescribed limit or overdrafts within the prescribed period for the purpose of illegal possession, and the card-issuing bank has not approved the payment. If the money is not returned more than three months after the first collection, it can be deemed as a "malicious overdraft" stipulated in Article 196 of the Criminal Law.

2. Credit cards have a certain deferred repayment period, and repayments during this period are not considered overdue. But this period is different for each bank.

3. Use the minimum repayment amount of your credit card and repaying the minimum repayment does not count as overdue. After the credit card bill comes out, there will be a minimum repayment amount. The so-called minimum repayment means that if the cardholder is unable to repay the full amount, the bank will deem the cardholder to have no breach of contract and will not affect the credit report. ,

4. Temporary quotas and cash withdrawals must be repaid in full and on time. Temporary quotas and cash withdrawals cannot be made in installments or with minimum repayments. If any, they must be repaid in full to avoid insufficient repayments caused by such negligence.