There are two ways to cancel credit card installment repayment:
1. If the installment repayment is not implemented or within the cancellation time specified by the bank, you can call customer service directly or operate online to cancel the installment.
It should be noted by card friends that not all banks can cancel installment payment without installment. For example, China Merchants Bank confirmed by China Merchants Bank Credit Card Center that the installment application of China Merchants Bank credit card bill cannot be cancelled after success. After the cardholder successfully applies for bill installment, the bill installment fee will appear in the current bill after the successful application, and the cardholder cannot apply for cancellation of bill installment.
If you want to cancel the installment payment of China Merchants Bank, you can return the amount of the bill installment in advance, but even if you return the amount of the bill installment in advance, you will not return the bill installment fee already charged.
2. If the installment has been implemented, it can't be cancelled, and you can choose to repay in advance, but prepayment can't save the handling fee.
The cardholder can call the credit card customer service to apply for prepayment by installments after applying for the current bill, and no extra prepayment fee is charged. The undistributed principal and handling fee of the cardholder's installment payment shall be fully included in the cardholder's current bill at the end of the application for early repayment, and fully included in the minimum repayment amount, and will not be allocated on schedule on the subsequent billing date.
If your credit card paid all the installment fees in the first installment, even if the installment is cancelled now, the fees will not be refunded.
Credit card is a credit certificate issued by commercial banks or credit card companies to qualified consumers. The form of credit card is a card with the name of the issuing bank, expiration date, number, cardholder's name and other contents printed on the front. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limit.
China's credit card market is still one of the fastest growing product lines in China's personal financial services market. Although the economic benefits of the industry are full of challenges, in the next 65,438+00 years, the average annual growth rate of credit card issuance in China will remain at around 65,438+04%, and the profitability will also be improved. It is predicted that the cumulative number of credit cards issued in China will exceed 800 million in 2020.
Can credit card installment be cancelled?
Yes, but after the credit card installment is not implemented or within the cancellation time stipulated by the bank, you can call customer service directly or cancel the installment through online banking.
If the credit card installment has been realized, then the cardholder cannot cancel it. However, you can choose to prepay. It is worth noting that the cardholder must have enough funds to repay in full before he can apply to the bank for early settlement of the installment.
In addition, the prepayment installment fee still needs to be paid, but no additional prepayment fee will be charged.
It is worth mentioning that if your credit card repayment date is 13 and you have no money to repay in full, and the payday is 15, then the minimum repayment method is the most cost-effective compared with installment repayment.
The main features of credit cards:
1. Credit card is one of the fastest-growing financial services, and it can replace the traditional cash circulation in a certain range.
2. Credit card has both payment and credit functions. Cardholders can use it to buy goods or enjoy services, and they can also use credit cards to obtain certain loans from card issuers;
Credit card is a high-tech product integrating financial business and computer technology.
4. Credit cards can reduce the use of cash and currency;
5. Credit card can provide settlement service, which is convenient for shopping and consumption and enhances the sense of security;
6. Credit cards can simplify the collection procedures and save social labor;
7. Credit cards can promote commodity sales and social needs.
Main types
According to different card issuers, it can be divided into bank cards and non-bank cards.
Bank card. This is a credit card issued by the bank. Cardholders can shop and spend money at the special merchants of the issuing bank, or they can withdraw cash at any time at the outlets of the issuing bank or at places with ATMs.
Non-bank card. This kind of card can be divided into retail credit card and travel entertainment card. Retail credit cards are credit cards issued by commercial organizations, such as department stores and oil companies, which are specially used for shopping in designated stores or filling gas stations. , and settle accounts regularly. Travel and entertainment card is a credit card issued by airlines, travel companies and other service industries, which is used for ticket purchase, dining, accommodation, entertainment and so on.
According to the different issuing banks, it can be divided into corporate cards and personal cards.
Company card. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, state party and government organs, armed forces, organizations and other legal person organizations.
Personal card. Personal cards are issued to individual urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable income sources. The personal card is applied in the name of an individual and bears all the responsibilities for its use.
According to the credit status of cardholders, it can be divided into ordinary cards and gold cards.
Ordinary card. Ordinary cards are issued to cardholders with average economic strength, credibility and status, and the requirements are not high.
Gold card. Gold card is an advanced credit card that pays a high membership fee and enjoys special treatment.
I don't want to pay by credit card bill. Can I cancel it?
Many people will use credit card bills to repay in installments to reduce the burden of credit card repayment. But if you don't want to use the bill installment any more, can you cancel it? Next, I will answer this question for you.
Generally speaking, credit card bills can't be cancelled after being applied in installments, but it still depends on the specific situation, but there are basically only two situations:
1. The application has not been processed.
Generally speaking, there will be a period of time after the cardholder submits a credit card bill installment application to the bank. During this period, the bank will investigate the cardholder's use of the card, and the results obtained after the investigation will decide whether to approve the cardholder's application. During this period, the cardholder can call the bank's credit card customer service and ask to cancel the credit card bill installment.
2. The application has been processed.
When the cardholder's bill installment application has been processed and passed the internal audit of the bank, it is a pity that the credit card bill installment application cannot be cancelled.
Although the installment of credit card bills cannot be cancelled, there is also an installment fee. But if you want to end the installment, there is only one way to pay off the installment principal and all the handling fees in advance. The installment fee includes the fees without installment afterwards, that is, the installment is ended early, and most banks will not reduce the fees.
If the cardholder wants to end the installment in advance, he can call the bank credit card customer service to apply for early repayment, and then pay off the principal and handling fee.
The above is the relevant content for everyone to introduce. If the credit card bill is divided into installments, once the application is processed by the bank, it cannot be cancelled, nor can the number of installments and the handling fee be changed. Remind everyone that before credit card installment, you must consider your own situation and don't choose blindly.
Can I cancel the credit card application for installment repayment?
After credit card installment, if it is not implemented by the system or within the cancellation time specified by the bank, you can call customer service directly or cancel the installment through online banking.
If the credit card installment has been realized, then the cardholder cannot cancel it. However, you can choose to prepay. It is worth noting that the cardholder must have enough funds to repay in full before he can apply to the bank for early settlement of the installment. In addition, the prepayment installment fee still needs to be paid, but no additional prepayment fee will be charged.
First, the meaning of credit card bill installment
1. There will be a billing date and repayment date every month. After the bill comes out, if the funds are insufficient, you can apply for installment repayment. Installment of bills means installment repayment. The bank will charge interest on the installment payment of this bill.
2. Credit card bill installment is a kind of credit card installment. This kind of installment payment means that the credit card holder asks the credit card center to return the consumption amount to the bank in installments after using the credit card to swipe the card.
3. installment payment of credit card bill is the simplest installment payment method. You only need to call the bank credit card center or log in to personal online banking to apply for installment payment during the period from credit card consumption to due repayment date. Generally, as long as there is no bad personal credit record, you can get approval.
Second, under what circumstances can't it be staged?
There are at least three situations in which bill installment payment is not allowed:
1, installment cannot be done without bills;
2. Consumption that has been staged cannot be staged again;
3. Withdrawal of consumption cannot be phased.
Third, the benefits of installment payment.
1, enjoy first, then pay.
2. The application starting point is low. You can apply for installment payment as long as you spend RMB in 600 yuan or HK$ 65,438+000 or Euro in 600 yuan at one time.
3. Select more cycles. The staging period is divided into 3 months, 6 months, 9 months, 12 months, 18 months, 24 months and 36 months. The cardholder can choose seven installments, repay in advance, or extend the period.
4. No guarantor is needed, and the application procedure is simple. Swipe your card through the designated merchants of ICBC, go to ICBC's business outlets and call 95588 customer service number, which can be easily handled.
5. Repayment is easy. Use the statement to remind repayment every month, and you can also open SMS to remind repayment every month. You can choose business outlets, self-service terminals, online banking, telephone banking, mobile banking and other repayment channels. You can also specify an account for automatic repayment. Industrial and Commercial Bank of China is exempt from handling fees for prepayment by installments.
6. Provide extended functions. You can postpone the installment payment through telephone banking and counters, extend the installment payment period, reduce the monthly deduction amount and reduce the repayment pressure of cardholders; To apply for extension, the cardholder shall be charged an extension fee according to the extension fee standard.
7, avoid embarrassment, spend more than you are afraid of.
8. Reasonable financial management, more reasonable financial management.
9. Accumulated points and shopping mall consumption can be discounted or given in full.
How to cancel credit card installment repayment
1. If installment repayment is not implemented after installment repayment, or within the cancellation time specified by the bank, the cardholder can directly call the customer service phone of the issuing bank to cancel installment repayment, or cancel installment repayment through online banking. But not all banks can apply for account cancellation without installment repayment.
2. If the installment repayment has been carried out, it cannot be cancelled in this case, and the installment repayment can only be ended by early repayment, but even if the installment amount is paid off in advance, the handling fee generated after the installment will not be refunded.
Credit card:
Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.
The credit card stipulated in the relevant laws of our country (Interpretation of the Provisions of NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. 20 17 12 1 The English Translation and Writing Standard for Public Service was formally implemented, which stipulated that the English name of CreditCard was Credit Card.
Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when spending, and repays on the bill date.
Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.
From the date of 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.7 times of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate).
On May 25th, 2002/KLOC-0, the Supreme People promulgated and implemented the Provisions of the Supreme People on Several Issues Concerning the Trial of Civil Cases of Bank Cards.
So much for the introduction on how to cancel credit card installment repayment.