after the cardholder handles the cash installment, Minsheng system will process the documents at around 15: every day. The application before processing is regarded as the transaction of the day, and the application after processing is regarded as the transaction of the next day. After successful processing, the system will lend money to the debit card provided by the user the day after the application.
Minsheng Credit Card has three cash installments, namely, 3 installments, 6 installments, 9 installments, 12 installments, 18 installments and 24 installments, with different rates. It is divided into three installments with an interest rate of .9%, which is charged at one time, while other installments are charged at an interest rate of .75%.