What is the ICBC e-installment credit card? Here is a card usage guide
The prerequisite for ICBC e-installment application is an ICBC credit card. If you do not have an ICBC credit card, you must apply for an e-installment credit card. So, what is this ICBC e-installment credit card? What is the difference between it and ordinary credit cards? Let me introduce it to you below.
What is the ICBC e-installment credit card?
The e-installment credit card is ICBC's e-installment credit card, and it is an electronic card, that is, a virtual credit card, without a physical card. Users can apply for it through self-service terminals, smart phones, etc. at outlets. The application process is: "I want to apply for a card" - "Apply for a new credit card" - enter "E" in the search bar and select "E Installment Credit Card". After successful application, you will receive an Group Electronics++, card bin622913.
Different from ordinary credit cards, e-installment credit cards cannot be swiped for consumption, nor can they be bound to Alipay or WeChat for online consumption. However, even though it is a virtual card, the e-installment credit card also has a period of use, which is valid for 10 years. When it expires, you can change the card like a UnionPay regular card; it also charges an annual fee of 50 RMB, and the exemption conditions are the same as ordinary credit cards.
How to use ICBC e-installment credit card?
ICBC e-installment credit card is only used for e-installment business and repayment at the counter, and no password is required.
The e-installment credit card does not need to be activated in advance. Users only need to register for online banking and mobile banking in advance when applying for e-installment loan. Then when applying for e-installment, the system will automatically activate the e-installment credit card and will The e-installment credit card can be added to the registered online banking/mobile banking, but cannot be added directly in online banking/mobile banking.
When repaying e installments, users can directly deposit to the E installment credit card, or apply for automatic repayment.
The above is the relevant introduction to "What is the ICBC e-installment credit card?" Hope it helps everyone. All in all, the e-installment credit card is a virtual credit card with no physical entity. It cannot be swiped for consumption like an ordinary credit card. It can only be used to handle e-installment business and repayment of this business at the counter.
ICBC Customized Installment Card
Customized Installment Credit Card is a personal credit card launched by ICBC for high-quality personal housing mortgage loan customers.
You can enjoy the following special services by using this card:
1. High limit: Exclusive credit for installment consumption, with a maximum limit of 800,000;
2. Period Long: The installment period is up to 5 years, and for some high-quality customers, it can be up to 8 years;
3. Lower starting amount: The starting amount of installment is RMB 100 or the corresponding++;
>4. Automatic installment, convenient and fast: successful consumption can be converted into installment payment;
5. Personal customization, as you like: the number of installments can be adjusted by yourself, and different customizations can be set for different consumption amounts. Number of installments.
Introduction to ICBC Happiness Installment Credit Card
Happiness Customized Installment Credit Card is a UnionPay-branded non-physical digital credit card with currency in RMB and general card level. You can enjoy the following preferential benefits by using this card:
1. Each card is 50 yuan per year, and the annual fee will be reduced if you make 5 purchases or 5,000 yuan in the year;
2. Enjoy a 3-day repayment grace period;
3. Free account security lock;
4. Spend more than 600 yuan through online and offline installment merchants, and it will automatically be converted into 24 customized installments. As of December 31, 2022, you can enjoy customization Installment preferential rates.
(Answer time: April 15, 2022. In case of business changes, please refer to the actual situation.)
There are no pitfalls in the ICBC Happy Installment Card
worth.
Happiness Installment Credit Card is an exclusive installment card launched by ICBC. Customers can apply for "e-installment" business through the Happiness Installment Card. In layman's terms, the Happy Installment Card is a credit card from ICBC, but this credit card cannot be used for direct consumption. He needs to go to the bank counter, apply for e-installment business, and transfer the money on the Happy Installment Card to his personal savings card before he can use it. It is worth noting that the money transferred to the personal savings card can only be used for card consumption and cannot be withdrawn in cash.
The Happy Installment Card will not be reflected in the credit report in the form of a consumer loan alone, but after successful application, it will be reported to the credit report in the form of a credit card. The monthly repayment amount and the total amount owed will still be It can be found out and will be recorded in the query record. Unpaid debts are also personal liabilities and are not conducive to loan and credit card approval.
ICBC e-instalment has 12, 24, 36 and 42 issues, with a maximum of 60 issues to choose from. From April 1 to June 30, 2020, you can apply for customized installment procedures with your Happy Installment Credit Card Rate discount: 0.75% for 3 periods; 1.5% for 6 periods; 2.25% for 9 periods; 3.00% for 12 periods; 4.50% for 18 periods; 6.00% for 24 periods; 9.00% for 36 periods; 12.00% for 48 periods; 15.00% for 60 periods (price The implementation shall be subject to the announcement by the local ICBC). The handling rates for direct installment, consumption-to-instalment, bill installment, and SMS installment shall comply with the existing minimum price standard. After July 1, 2020, the price shall be subject to the announcement of the local ICBC. Each branch may increase the fee rate based on local market conditions. The interest rate is very low and it is the most conscientious product in the financial industry.
People who have a house, a car, social security or provident fund and assets are suitable to go to the bank counter to apply for this card. Bring everything that can prove your assets and go to an ICBC branch to apply for a happiness installment card. The limit will definitely be much higher than applying online. But if you don’t have a house, a car, or anything else, if you apply for a happiness installment card, you can do it directly on WeChat. There is an advantage when we apply on our mobile phone. As soon as the application is approved, you will be sent a text message immediately. The text sent is the ++ of the virtual card. You can directly activate it online. After activation, you can bind Alipay and WeChat. Made consumption. After consumption, he will automatically pay you installments. For example, if you choose to automatically pay for 12 installments, if you spend 10,000 yuan, he will automatically divide the 10,000 yuan into 12 installments. As long as you pay it back every month, you can use it again. Just like a credit card, you can use it immediately after you pay it back. The longest credit extension period is eight years, and generally five years; the maximum limit is 500,000, and the limit is generally a little lower when applied online. After completing the online application, in addition to giving you a virtual card++, a physical card will also be sent to you, which will be received in about 3-7 days. This Happy Installment Card is the same as China Construction Bank's Installment Pass, Everbright Bank's Smart Commerce, Minsheng Bank's Tongbao, Ping An Bank's Jinling Tong and Agricultural Bank of China's Le Installment Card, all with independent limits.
Can the limit of ICBC’s customized installment credit card be increased?
The limit of ICBC’s customized installment credit card can be increased.
The following are tips for increasing your credit limit, for reference only:
1. High frequency of credit card swiping.
In daily life, it is best to develop the habit of swiping your card whenever you can. On the one hand, you can ++++ the bank interest-free period and add a little extra financial income for yourself. On the other hand, you can also become a If you are an active user of the bank, usually the bank will have quota rewards for active users of the bank.
2. Continuous and stable consumption for a long time.
Banks generally have a limit increase strategy for credit cards that have been cardholders for more than 1 year and have transactions in each billing month. For these customers, banks will usually take the initiative to increase the limit. If the customer takes the initiative to apply For a permanent limit increase, the chance of approval by the bank is relatively high.
3. Frequent cash withdrawals and frequent credit card installments.
For cardholders who frequently withdraw cash from their credit cards, the risk factor for banks is very high, but at the same time, cardholders who withdraw cash also contribute the most to the bank; the risk for installment users is relatively low. But the contribution is not low. Therefore, for credit cards that mainly rely on interest and intermediary business as a means of generating income, cash withdrawal and installment users are the favorites of banks. When applying for a limit increase, the relative success rate will be very high.
4. The consumption amount is high.
Banks usually define these cardholders as high-quality customers who make large purchases from time to time and can repay them normally later. Banks will increase the limit as appropriate after determining whether the cardholder has a larger demand for the amount. .
ICBC credit card installment business introduces "Happiness Installment" to meet your individual needs
In order to integrate and upgrade the credit card installment business, ICBC has implemented the concept of "Happiness Installment" to provide the majority of ICBC credit card holders with Provide more comprehensive installment services to better meet the individual needs of each cardholder.
Let me introduce to you the comprehensive credit card installment business of ICBC to make credit card installment more professional.
1. e-installment
It is a large-amount loan business provided to ICBC credit card customers to relieve financial pressure by repaying in installments. The maximum installment period can be up to 8 years. The applied funds are directly transferred to the special debit card and can be used for large consumption needs such as car purchase, renting a house, home decoration, weddings, education, and travel.
2. Car installments
Provide installment purchase services for hot-selling models of mainstream brands to ICBC credit card holders who need to buy cars, and enjoy car installment discount discounts, with the lowest possible installment being 0 Handling fee for car purchase.
3. Bill installments
If ICBC credit card holders are unable to repay the full amount on the credit card repayment date, they can apply for bill installments and bear the corresponding installments according to the number of installments. Handling fee.
4. Convert consumption to installments
After using an ICBC credit card for consumption, during the interest-free period of due repayment, the cardholder can transfer one or more eligible payments to Consumption transactions are converted into installment payments.
5. Consumption installment
Provide customers with installment payment business for diversified consumption areas such as decoration, parking spaces, rentals, tourism, education, etc., with flexible number of installments and preferential rates. Meet customers' large consumption needs.
6. SMS installment
After ICBC credit card holders swipe their cards for consumption, the bank will proactively send business invitation text messages to eligible customers. Cardholders can reply to the text messages. Handle installments.
7. Customized installment credit card
When you open an account, you can activate the credit card product with customized installment function simultaneously. Once the consumption is successful, it will be automatically converted to installment payment. Customers can adjust the starting amount and installment amount by themselves. Number, different customized installments can be set for different consumption amounts.
The above are the credit card installment services that ICBC credit card holders can enjoy. Different installment services have different installment needs, and cardholders can choose flexibly.
ICBC e-installment fee discount: 30% off on large-amount consumer loan rates
That’s it for the introduction of ICBC’s customized installment credit card.