When "universal cash" is used in cash installment business, the main terms are as follows:
1. "Universal Cash" cash installment service is an installment service provided by Shanghai Pudong Development Bank Credit Card Center for eligible credit card holders. The cardholder can withdraw cash within the cash advance limit of the credit card and repay the principal in installments. At the same time, the cardholder needs to pay a certain installment fee.
2. This business is only handled by the presiding cardholder with good credit status and normal card status. Supplementary cards and official cards, American Express Credit Card of Pudong Private Bank and student cards do not involve this business.
3. Cardholders can call the credit card center to apply for hotline and cash installment business.
4. The business is limited to RMB currency, and the cash amount that the cardholder can apply for withdrawal is within the available cash limit of his credit card advance. The minimum amount for each cardholder application is 65,438 yuan+0,000 yuan, and the cumulative maximum is 250,000 yuan, which is an integer multiple of 65,438 yuan+0,000 yuan.
5. After the cardholder successfully handles the cash installment business, the installment payment will be transferred from the credit card center of Shanghai Pudong Development Bank to the RMB settlement account with the same name provided by the cardholder. Specifically, if the installment amount is less than 40,000 yuan (including 40,000 yuan), the credit card center will transfer the installment amount to its RMB settlement account with the same name in Shanghai Pudong Development Bank or other banks according to the cardholder's application requirements; If the installment amount is more than 40,000 RMB, the credit card center will transfer the installment amount to the cardholder's RMB settlement account with the same name in Shanghai Pudong Development Bank (except for the credit card of Shanghai Pudong Development Bank).