What are the requirements for credit card cash installment in China Merchants Bank?
Cash installment is a business in which eligible cardholders withdraw cash and repay it in installments. After successful processing, the loan will be released within 18 hours, and the money will be transferred to China Merchants Bank Card and other bank debit cards supported by China Merchants Bank. Cash installment business is limited to the cardholders of our personal credit cards, but only the cardholders who hold business cards, business cards (including financial business cards), shopping cards, ANA cards or supplementary cards cannot handle it. The currency of cash installment application only supports RMB, and the cumulative maximum application amount from each installment application in 300 yuan shall not exceed 50,000 yuan. (The maximum cash installment amount for each customer is subject to our audit). Whether the cash installment application is approved or not shall be subject to the comprehensive evaluation results of our credit card center.