First of all, users need to apply for a consumer reserve fund from Shanghai Pudong Development Bank Credit Card Center. After the application is successful, Shanghai Pudong Development Bank will open a separate reserve account and give a certain amount of credit. Users can spend money through petty cash accounts and online channels. If they want to spend money in a physical store, they need to apply for a petty cash platinum card, which also only supports POS card swiping. After spending with the consumer provident fund, you can freely choose the number of installments according to your own bills. There are five stages to choose from: 3, 6, 12, 24 and 36.

Consumer reserve fund can mainly support credit card consumption, online payment and bill offset, but does not support cash withdrawal, transfer and recovery. As far as the consumption reserve fund of Ping An Bank is concerned, after the successful bid, the handling personnel can transfer the funds to their credit cards and pay the credit card bills. At the same time, unused consumer reserve funds will offset new credit card transactions. This shows that the petty cash is paid with petty cash as soon as it arrives, and the credit card limit is used only after the petty cash is paid.

Comments on advantages:

First of all, the consumer accumulation fund is an installment loan outside the credit line, which does not occupy the credit line of the credit card itself. To put it bluntly, if you pick up a sum of money for no reason, it can get you out of danger and facilitate your temporary turnover.

Secondly, the consumer provident fund can be repaid in installments, with relatively low interest rates and low borrowing costs. Give priority to offset the current debt of credit card after checkout.

Ping An Bank's consumer reserve fund acts as an agent for installment payment in Ping An Bank. Generally speaking, if the cardholder of Ping An Bank's credit card has personal requirements, he can go to Ping An Bank to apply for special consumption reserve fund. When the applicant is approved by the bank, he can have a sum of money for personal consumption. Repayment after consumption can be repaid by individuals in installments. Of course, there are still some formalities to be handed in. In addition, the use of consumption reserve is limited to the scope of living consumption and does not support investment and consumption in production and operation.