1. Is it a violation if the cash installment money from CITIC Bank’s credit card can be used to pay back Huabei?
It is a violation.
It is reported that credit cards cannot be used to repay Huabei, and it is illegal to withdraw cash for repayment. Huabei only supports three payment methods: Alipay balance, Yu'e Bao balance, and debit card balance.
2. Please briefly introduce what is CITIC Bank’s cash installment business?
CITIC Bank credit card cash installment refers to the large-amount "borrow cash and repay in installments" credit card cash installment service provided by the Credit Card Center to qualified high-quality credit card holders. Cardholders can use computers, Apply online via mobile phone or phone and get approval in real time. The money will be transferred to your debit card or CITIC Blue Card account in real time. The process for applying for CITIC Bank credit card cash installment is as follows:
1. Fill in the identity verification information;
2. Fill in the loan information and submit online;
3. Successful After processing, the bank will release the money immediately;
4. I receive the cash.
3. If the CITIC Bank cash installment option is for decoration, does it have to be used for decoration?
If the CITIC Bank cash installment option is for decoration, it must be used for decoration. According to the relevant information, renovation loans can only be used for renovation and cannot be used for other purposes. Once the handling bank (lending institution) discovers that the loan funds have been used for purposes outside the specified scope, the bank (lending institution) is likely to terminate the loan contract and then require the customer to pay off the loan in a lump sum in advance.
4. Can the reason for applying for a personal credit loan be home decoration? You can apply for a maximum of...
Credit card application conditions:
Must have a certificate from China Merchants Bank Credit card, personal card, main card and all-in-one card and maintain good card usage records. If you currently only hold a commercial card, business card, purchasing card, ana guaranteed card or supplementary card, you cannot apply for cash installment at the moment.
Friendly reminder: The above are the necessary conditions for applying for cash installment. Whether the final application for cash installment is approved depends on the comprehensive evaluation results of China Merchants Bank Credit Card Center.
Credit card application method:
1. Credit card online application process
1. Log in to credit card online/mobile banking and select the "Instalment Finance" interface
2. Enter "Cash Installment - Installment Application", enter the transfer and application amount, select the purpose of funds and the number of installments
3. Enter the query password, the system will review it in real time, and the application will be released immediately
p>2. Telephone application process
1. Call the customer service hotline and press 9 after completing the identity verification to transfer to manual service
2. Inform the customer service specialist of the application amount and the number of installments , transfer and fund usage
3. The system will review in real time, and the application will be released immediately
Credit card application amount:
Currency: RMB
Minimum single application amount: 2,000 yuan
Cumulative maximum application amount: 50,000 yuan
Transfer account: China Merchants Bank All-in-One Card user under your own name
Credit card charges Standard:
The number of periods is 3610121824
Single period handling fee 0.95% 0.8% 0.75% 0.75% 0.75% 0.75%
A variety of periods are available. The handling fee is charged in installments. The total principal amount of the installment is amortized evenly on a monthly basis, and the remainder is included in the last installment. The installment amount of each installment and the handling fee of each installment are recorded at the same time.
Use of funds:
The funds applied for cash installments shall not be used for investment (including but not limited to house purchase, stocks, futures and other equity investments), and can only be used for consumption ( Including but not limited to decoration, home appliances, weddings, car purchases, student aid, travel, medical care, etc.).