China Merchants Bank can use credit cards to purchase cars.

Currently there are two modes of credit card swiping for car purchases:

1. Pay the full amount by swiping a credit card, and then apply for bill installments from the bank. The premise is that the available credit card limit is enough to pay for the car.

2. Most car dealers support the payment of credit cards to buy cars in installments. The difference is that the banks that designate installment cooperation are different, so before buying, be sure to ask the merchant if you have this You can buy a car in installments with a bank credit card.

Depending on the type of car model, the total installment amount of China Merchants Bank’s credit card car purchase business ranges from 30,000 to 200,000 yuan. The amount is determined by the cardholder’s credit card limit, credit status and other factors. The cardholder can increase the amount within the limit. Select the total installment amount at will.

The minimum down payment ratio for buying a car with a CMB credit card is 30% of the car price; the total handling fee for buying a car with a CMB credit card = total installment amount × handling rate (the handling fee is included in the first installment after the installment purchase of the car) bill).

Among them, China Merchants Bank's "Cheyigou" must purchase theft insurance, third party liability insurance, and vehicle damage insurance, and the number of insurance periods cannot be less than the number of installments.