Cash installment business is a business in which the principal card applicant or cardholder of Bank of Communications credit card (except Boss card, installment card, quasi-company card and quasi-credit card) applies for funds within the cash installment limit of the designated credit card and automatically generates installment repayment plan.

Neither the overpayment of the cardholder in the credit card account nor the temporarily increased credit line can be used for cash installment business. After successfully applying for this business, if the cardholder uses the cash withdrawal amount for cash installment, the available cash withdrawal amount can be recovered in equal amount according to the actual monthly cash installment principal.

If the cardholder uses the consumer credit line for cash installment, the available consumer credit line will not be restored due to repayment or cancellation of installment. Cardholders can apply for this service through designated channels such as Bank of Communications Credit Card official website, Bill Paying app, online banking, mobile banking and 24-hour customer service hotline.

Extended data:

The cash installment business is limited to RMB accounts, and the amount that the cardholder can apply for transfer must be within the credit card cash installment limit and the cash installment limit stipulated separately by Bank of Communications, and the amount of each application shall not be lower than the initial installment amount, subject to the bank's notice at the time of application.

The charging method and rate of cash installment business shall be subject to the website announcement, and the charging standard shall be calculated according to the installment amount from the date of successful installment. The date of successful staging is subject to the records of Bank of Communications system. The expenses and interest generated by this business are credited to the credit card account designated by the customer.

Official website Clause of Bank of Communications Credit Card-Cash Installment Business