1, credit card down payment is easily passed on to the handling fee.
Last year, the Notice on Improving the Pricing Mechanism of Credit Card Fees jointly issued by the National Development and Reform Commission and the People's Bank of China was formally implemented on September 6th. The new regulations unify the rates of all merchants, cancel the regulation of dividing rates by industry, and charge different fees for debit cards and credit cards. Credit cards belong to the category of credit cards, and the service fee should not be higher than 0.45%, and there is no cap limit for a single transaction. For example, if you swipe 300,000 yuan, the service fee will be 300,000 yuan X0.45%= 1350 yuan.
In practice, banks will implement floating interest rates, and the interest rates among banks are different. Usually, banks that issue more cards have more say in setting the rates. It is really stressful for businesses to pay the down payment of mortgage with credit cards ranging from hundreds to thousands of service fees. Therefore, there will be cases where the service fee is passed on to the purchaser, or the credit card simply refuses the down payment. According to the Measures for the Administration of Bank Card Receipt Business, it is illegal for a developer to refuse to swipe a credit card or transfer the handling fee to the buyer in disguise under any circumstances unless there are local policy restrictions. It is suggested that buyers should know the local bank charges and policies in advance when deciding to pay the down payment by credit card.
2. Credit card down payment cannot be used for bill installment.
Generally speaking, paying the down payment by credit card can't handle the bill installment, and the short-term repayment pressure is high, which is easy to cause overdue, interest and late payment fees, and more importantly, it will affect personal credit information. For people with limited financial ability, they should recognize their own situation and don't blindly swipe their cards.
3. Credit card down payment has geographical and housing restrictions.
Usually the down payment of second-hand houses is paid by bank transfer, and credit cards cannot be used. In addition, some areas with strict requirements will clearly stipulate that developers can't pay down payment by credit card, which is greatly influenced by local policies to some extent and is not universal.
4. Paying down payment by credit card has an impact on the withdrawal amount.
Some people are used to swiping multiple credit cards to pay the down payment. As a result of this situation, many large transactions without points have been produced at the same time. When you meet a strict bank, you may be suspected of cashing out. If the credit card repayment is overdue again, it will be difficult to apply for withdrawal in the future. It is recommended to prepare a large credit card of 1-2 for payment, and avoid using multiple cards.
5. There are no points for real estate transactions.
For banks, the profits generated by transactions such as real estate, automobiles and public welfare services are too low to be scored. It is not realistic to use a credit card to brush the down payment point.
6. It takes a long time for credit card to pay down payment refund, which is easy to cause overdue.
If the house purchase transaction is cancelled for some reason, it usually takes 30-45 days to refund the down payment and deposit paid by the credit card. If the last repayment date is met during the period, the buyer can only repay in advance, otherwise it will easily lead to overdue, and it is the buyer himself who is unlucky.
7. The down payment by credit card must be UnionPay card.
The real estate POS machine takes the UnionPay channel and only supports UnionPay credit cards. Single currency and foreign currency cannot be used. When you swipe your card, you should see clearly what card you are.
Bian Xiao would like to remind you here that although credit cards can solve urgent needs, it is easy to be self-defeating and bring trouble to buyers if they are not used well. It is best to know the policies of banks and other institutions in advance before making a decision according to your own situation.
(The above answers were published on 20 17-05-25. Please refer to the current actual purchase policy. )
When buying a new house, go to Sohu Focus.