Minsheng Bank will transfer the cash installment you applied for to the debit card provided by the customer on the day after the successful application (i.e. T+1 day, probably in the morning). Credit card deduction time is at the end of the evening on T+1.

1. The cash installment service is an exclusive service provided by Minsheng Credit Card to selected customers. You can transfer part of the credit limit to your own debit card account under the same ID to freely use the funds. Used for reasonable consumption and repaid in installments, only a certain handling fee is required. You can apply through customer service hotline, online banking, mobile banking, WeChat banking, National Life APP, etc.

2. Notes on cash installment:

No cash advance handling fee and interest are charged when handling cash installment business, only cash installment handling fee is charged.

Once applied for cash installment, it cannot be canceled.

If you cancel the card for the whole account, the outstanding installment balance and handling fee of the cash installment that has been successfully processed must be paid off in one go.

Reference materials:

China Minsheng Bank Credit Card Center Intelligent Customer Service (please enter your questions in the input box for online consultation)