Ping An Bank will regularly update the target customers who are eligible to apply for "consumption-specific reserve fund". Only target customers can apply for "consumption-specific reserve fund" from our bank.

The "Special Reserve Fund for Consumption" is only applicable to Ping An Bank credit card principal cardholders. At the same time, customers on the designated list will be invited by Ping An Credit Card outbound marketing specialists to apply for the application.

Extended information:

Termination of Ping An Credit Card reserve fund business:

After the cardholder successfully applies for the "consumption-specific reserve fund", if the business needs to be terminated , the cardholder must apply to Ping An Bank.

After the application is approved, the entire remaining principal of the "consumption special reserve fund" business will be deemed due and payable, and a 3% handling fee of the remaining principal will be deducted and included in the current credit card bill (already recorded in the account) The handling fee is non-refundable) and the cardholder needs to pay it off in one go.

Ping An Credit Card reserve funds shall not be used for the following purposes and purposes:

1. They shall not enter the securities market in any form, or be used for equity investments, securities and futures, etc. Speculative operations, private lending, etc.

2. It shall not be used for real estate project development or housing purchase.

3. It shall not be used in production, operation, investment and other non-consumption fields.

4. Other situations that do not comply with national laws, regulations and regulatory requirements.

Reference material: Ping An Bank - Credit card "consumption special reserve fund" installment business terms and conditions