Is installment payment required for China Express Gold Credit Card? There are two situations here
After many cardholders applied for Hua Xia Yi Da Gold business, the bank issued an Yi Da Gold card for overdraft consumption and cash withdrawal. For the convenience of cardholders, the Hua Xia Yi Da Gold Credit Card has enabled the automatic installment function. However, many cardholders do not really want to pay in installments and want to know whether the Hua Xia Yi Da Gold Credit Card must pay in installments or whether it is okay not to pay in installments. Let’s find out together below.
The Hua Xia Yi Da Gold Card does not have to be installmentd, because the installment of this card has a threshold. If the consumption and cash withdrawal do not reach the threshold, then there will be no installment. This threshold differs according to the usage method. There are two specific situations:
1. Cash withdrawal with Hua Xia Yi Da Gold Card:
The installment threshold is a single amount of 500 yuan, but this If you need to handle it by yourself, under normal circumstances, we will not proactively arrange installments for you.
Hua Xia Yi Da Gold Card does not enjoy the interest-free period after withdrawing cash. Interest is calculated on a daily basis and compound interest is calculated on a monthly basis. If you really are unable to repay the loan, you can convert a single cash withdrawal transaction of more than 500 yuan into an installment payment before the bill comes out. After the installment payment transaction is entered into your account, interest will not be charged on a daily basis, but you will need to pay it every month. Installment fee.
2. Hua Xia Yi Da Gold Card Consumption:
As mentioned earlier, Hua Xia Yi Da Gold Card has activated the consumption and automatic installment functions. If the cumulative consumption amount of the current bill is ≥ 1,000 yuan , then it will be divided into installments automatically. If you don't want to pay in installments, you need to control your consumption amount. As long as the current bill amount is less than 1,000 yuan, it will not be paid in installments.
To sum up, Hua Xia Yi Da Gold Card does not necessarily have installments. This mainly depends on the cardholder’s usage and consumption amount. If you don’t want to pay in installments, then you need to try to control your consumption amount.
Is the Express Gold Card a credit card?
The Hua Xia Bank Express Gold Card is a credit card because the card has financial functions such as overdraft consumption and cash withdrawal. However, the Hua Xia Bank credit card account and the Hua Xia Yi Da Gold Card account are independent. When repaying, users need to repay the two accounts separately. If there is an overpayment in one account, it cannot be automatically transferred to another account.
The credit card must have at least the following information: front: name and logo of the issuing bank, credit card number (organization logo) and holographic anti-counterfeiting mark, name in English or Pinyin, activation date (usually calculated to month), The validity date (usually calculated in months), the latest issued card has a chip on the front, and the chip account and the card magnetic stripe account are two relatively independent accounts. Back: card magnetic stripe, cardholder signature field (must sign after activation), service hotline number, last four digits or all of the number (to prevent fraudulent use), credit card security code (on the signature field on the back of the credit card, followed by The three digits after the last four digits are used for credit card activation, password management, TV, telephone and online transactions, etc.). The merchant and bank confirm that the credit card is valid, and contact the bank to request authorization according to the contract signed with the card issuer. Authorization is to further confirm the cardholder's identity and the amount that can be used. Authorization is generally made when the usage amount specified in the contract is exceeded. After receiving the authorization notice, the card-issuing bank will issue an authorization instruction based on the deposit balance of the cardholder's deposit account and the bank's agreement to allow overdraft, and reply whether it agrees to conduct the transaction.
Swiping your card on a POS machine is the most common way to use a credit card, and it is a way of swiping your card online. When swiping a card, the operator should first check the credit card's validity period and cardholder's last name and other information. Then, select the corresponding POS machine according to the card issuing bank and the currency type to be paid, and slide the magnetic stripe of the magnetic stripe credit card on the POS machine, or insert the chip credit card into the card slot, connect to the bank, etc. for payment, and enter the corresponding amount. After the remote payment accepts the information, the POS will print out a receipt for the card payment (at least two copies). The cardholder should sign the receipt after checking that the information on the payment receipt is correct. After the operator checks the signature on the receipt and the signature on the back of the credit card (including that the name completely matches and the handwriting basically matches), the operator gives the credit card and a copy of the card payment receipt to the cardholder. At this point, the card swiping procedure on the POS machine is completed.
How to apply for Hua Xia Bank’s Express Gold?
Applicants can call the customer service hotline of Hua Xia Bank Credit Card Center to apply for Express Gold, and the loan will be released within one day at the earliest after approval.
1. Installment fee standards
1. The number of installments available is 3, 6, 12, 18, 24, and 36;
2. Monthly The handling rate is 0%-1%;
3. The annual handling rate is 0%-22%.
Example: Mr. Zhang applied for 10,000 yuan of Yidajin business, which was divided into 12 installments for repayment. The monthly handling rate is 0.75%/period, the principal repayable in each period is 833.33 yuan, the handling fee payable is 75 yuan, and the handling fee for 12 periods is 900 yuan in total.
2. Repay the Hua Xia Standard Credit Card bill amount and the Hua Xia Express Gold Card bill amount together
Repay the Hua Xia Standard Credit Card bill amount and the Hua Xia Express Gold Card bill amount together , the Huaxia Standard Credit Card account and the Huaxia Express Gold Card account are independent. After receiving the monthly bill, you need to repay the two accounts separately according to the bill amount. If there is an overpayment in one of the accounts, it cannot be automatically transferred to the other account to repay the outstanding balance.
Extended information:
1. When the balance of the debit card is insufficient, the account to which it will be returned first
Hua Xia Standard Credit Card and Hua Xia Yi Da Gold Card are bound If the same Hua Xia debit card is agreed for automatic repayment, the order of repayment between the two accounts is first to return to the Hua Xia Yi Da Gold Card account, and then to the Hua Xia Standard Credit Card account; applicants can pre-deposit sufficient amounts in the debit card authorized for repayment. To ensure that both accounts are repaid in full.
2. Cash withdrawal charges
Users using the Hua Xia Yi Da Gold Card to pre-borrow cash or withdraw cash from overpayments are not charged any cash withdrawal fees (including our bank’s counters, our bank’s and other ATM), cash advance and overdraft transfer transactions are subject to overdraft interest rates.