Credit cards can not only overdraw consumption, but also provide loans. However, it does not mean to apply for a loan from a bank with a credit card as a voucher. On the contrary, many banks offer credit card hidden benefits to high-quality cardholders. After a comprehensive evaluation of the cardholder, an additional cash installment limit is given, within which you can apply for a loan. Let's have a look.
Which banks can use credit cards for loans?
1, Agricultural Bank
Agricultural Bank of China has a credit card consumption reserve fund, which refers to the business that the cardholder applies to the Agricultural Bank of China for installment quota, and after the approval of the Agricultural Bank of China is successful, the consumption funds are transferred to the designated credit card, and the cardholder repays the principal in installments and pays a certain amount of installment fee. The minimum amount for a single application is 500 yuan, and the maximum amount is 300,000.
If you want to use the Agricultural Bank of China credit card to handle the consumer reserve fund, the cardholder must be the host of the personal credit card, and the account status is normal, the credit status is good, and there is no outstanding overdraft debt.
2. Industrial Bank
Industrial Bank has a loan business, which can also be regarded as a credit card loan. It is a one-time cash consumption limit provided by Industrial Bank for high-quality credit card holders that exceeds the fixed credit card limit. The minimum amount is 1 000 yuan, and the maximum amount is said to be 300,000 yuan, which is mainly based on the comprehensive evaluation of the credit status of the cardholder.
The business model and standard pricing of Xiang Xing Loan are completely consistent with the cash installment business of Industrial Credit Card, but the credit line is not shared with the credit card line.
3. China Merchants Bank
E-loan is a good credit card loan of China Merchants Bank, and it also belongs to cash installment. It was also awarded by the bank after a comprehensive evaluation of high-quality cardholders. Within the credit limit, you can apply for a loan many times, transfer the money to your debit card and repay it in installments.
You should hurry up when applying for e-loan. If there are preferential activities, the monthly preferential range is about 0.45%~0.6%, and the longest loan period can be 24 months, which is suitable for office workers with long capital cycle.
What are the credit card loans of China Merchants Bank?
There are many credit card loan products of China Merchants Bank, such as e-loan, car installment and so on, as well as installment shopping and cash advance.
1, e-loan, e-loan is a cash credit business provided by China Merchants Bank Credit Card Center for eligible cardholders. You can freely choose to repay at any time or in installments. This product can get cash by transfer without reservation and mortgage guarantee.
2. Shopping by installment, whether it is household appliances, digital products, department stores, fitness, wedding dresses, education and other large-scale consumption, you can use credit cards to pay by installment. At the same time, there are large online shopping malls such as Suning and Gome.
3. Platinum installment card. The maximum credit line of platinum installment card can reach 300,000 yuan. When the total consumption amount reaches 300 yuan or 2000 yuan, it will be automatically phased, and you can enjoy the exclusive preferential rate of Platinum Staging Card.
4. Cash in advance. Pre-borrowing cash is the basic function of China Merchants Bank's credit card, and cardholders can obtain funds by cash withdrawal or overdraft transfer. The handling fee for cash advance is 65,438+0% of the cash advance, and the minimum handling fee for each advance is 65,438+00 RMB.
5. Car installment. Car installment is the credit card car loan business of China Merchants Bank. Holders of China Merchants Bank credit cards can handle car installment business. Car staging requires at least 30% of the car price (the down payment of some models is as low as 20%).
Which bank can get a loan with a credit card? Bank credit card loan product introduction!
Nowadays, more and more people buy cars and houses, so there are not a few people who borrow money from banks. There are many ways to apply for a loan from a bank, and personal qualification is an important factor. In fact, a better way is to get a credit card loan. Generally, users who have handled credit cards in banks will find it easier to get loans. So which bank's credit card can lend money? Let's take a look at the credit card loan products of various banks. Let's have a look!
1, Bank of Communications
Credit card loan products of Bank of Communications mainly include privileged loans and angel loans, as follows:
Enjoy the loan: enjoy the minimum loan amount 1500 yuan, and the longest loan period can be 24 installments. After applying for the credit limit, you can withdraw it and use it, which is independent of the credit card limit.
Angel loan: Angel loan is equivalent to the extension of your credit card, and the goods purchased beyond 500 yuan will be automatically phased in. The limit can only be used for merchants to swipe their cards or shop online, and cannot be withdrawn.
2. China CITIC Bank
CITIC's loans include: quick easy loan, quick cash/dream loan and second-second loan.
New quick money/dream cash: quality customers will get a new quick money after 3-5 days, and the amount will not be shared. If it is not a quality customer, there is generally a new express line that is also shared with the dream.
The general credit card limit is 1 000 yuan, and it will take at least 6 months to issue the credit card limit. Customers with a credit card limit of about 30,000 yuan can issue the credit card limit within 2 months.
3. China Merchants Bank
The main loan products are: 300,000 investment reserve fund, 300,000 E loan, up to 6.5438+0.5 million car installment, 500,000 lightning loan and 300,000 expected by Zhaolian.
At present, there are basically many applicants for e-loans and good loans, and it is generally easier to make a quota. Friends who want to apply can apply for a loan directly on the website, or download software on their mobile phones to apply for e-loan and cash installment.
4. Guangfa Bank
Generally speaking, Guangfa Caizhi Fund can reach 3 to 5 times the original amount of the card, and the money of the Caizhi Fund can be directly transferred to the savings card, which can be recycled.
Under normal circumstances, as long as you have done staging, you must have financial resources. If not, then see if there is anything wrong with the card. It must be within the limit, overdue, preferably temporary. You can try to make financial contributions in stages.
5. Shanghai Pudong Development Bank
The loans of Shanghai Pudong Development Bank include: Puhong Loan, Shanghai Pudong Youth Loan, Shanghai Pudong Development Bank Bifujin and Shanghai Pudong Universal Fund.
There are many people applying for the universal fund of Shanghai Pudong Development Bank, and it is relatively easy to raise it. The maximum amount is 300,000, and basically a new card will be issued, which may occupy the original amount.
6. Huaxia Bank
Huaxia has a loan product called Yidajin, which will arrive on the same day as soon as possible. If you have Huaxia Bank credit card and are a quality customer, you can try it.
The maximum amount is up to 500,000 yuan, and the rate is monthly. Evaluate yourself. Seriously, there is no account management fee and no other extra expenses. It is more convenient to withdraw cash directly after application.
Here, I take stock of the credit card loan products of various banks, hoping to help you. Credit card loans can also be used when the credit card limit is insufficient or money is urgently needed. Choose the product that suits you and repay on time!
Can I get a credit card loan?
Credit card loan process:
1. You need to apply for a credit card from the bank and submit relevant supporting materials, such as identity certificate, income certificate and work certificate. , and your personal credit is good;
2. Waiting for bank approval;
3. After approval, you can get a card with a certain credit limit granted by the bank.
After the applicant activates the card, he can swipe his card to buy the required goods. However, after the credit card is overdrawn, the cardholder must repay in full and on time to avoid leaving a bad credit record.
Credit card loan definition:
Credit card loan is a credit card installment business launched by banks. The loan amount that cardholders can apply for is generally 200,000-200,000; There are three stages: 12 months, 24 months and 36 months. There is no loan interest rate for credit, and banks only charge fees. The fee rates are different at different stages.
Credit card loan terms
1. Hold the credit card of the bank applying for loan;
2. Good card use record;
3. There are restrictions on the types of credit cards, such as China Merchants Bank business card, official card, purchase card, ANA guarantee card or supplementary card, and cash installment business is not supported;
4. Cash installment funds shall not be used for investment (including but not limited to equity investments such as house purchase, stocks and futures), but only for consumption (including but not limited to decoration, household appliances, wedding, car purchase, student aid, tourism, medical care, etc.). ).
Six banks support credit card loans:
At present, Industrial Bank, Guangfa Bank, Ping An Bank, China CITIC Bank, Shanghai Pudong Development Bank and Huaxia Bank provide credit card loan functions.
At present, the application for credit card loan business is not very strict. As long as you have good credit and no bad repayment record, you can generally apply. The main methods used by banks are telephone invitation or active application by customers. In this way, they can apply for loans ranging from 5,000 to 200,000.
Credit card lending business is only suitable for short-term borrowers. They can be used on it, but they are not suitable for long-term borrowers. Because after the credit card transfer, although the cardholder can repay the loan in installments, the longer the installment time, the higher the interest. The monthly interest rate of 12 installment is about 0.75%, which means that 10000 yuan will have interest from 75 yuan. If you borrow 50,000 yuan in advance, 12 installment repayment, the monthly interest rate is 0.75%, and the annual interest is 4,500 yuan. At present, the interest rate of personal loans for six months to 1 year (inclusive) is 6.06%, and the interest rate of loans for more than five years is 6.60%. Compared with traditional loans, the cost of credit card transfer loans will be higher.
The difference between credit card loans and consumer loans
The scope of use of the two is different.
Generally, bank consumer loans will be earmarked for cardholders. For example, housing loans can only be used to buy a house, car loans can only be used to buy a car, decoration loans can only be used for decoration, and consumer loans can only be used for specific types of consumption. Credit cards are more widely used and relatively flexible. After applying for a credit card, all merchants who can pay by credit card can pay by credit card.
The cost is different.
Consumer loans do not enjoy interest-free period, and lenders need to repay each installment on time from the effective date of the loan, so the loan cost is inevitable. Credit cards enjoy a maximum interest-free period of 50 -56 days, during which cardholders can freely overdraw. As long as the repayment is made in full before the due repayment date, there is no need to bear the capital cost.
The convenience of application is different.
Consumer loan application is troublesome, complicated and strict, and usually takes a long time. In many cases, applicants need to provide more supporting documents, even mortgages and guarantees. Applying for a credit card is relatively easy. Customers can apply for credit cards through offline outlets of banks, official website, WeChat and mobile apps. In the application process, you only need to provide personal information and application materials such as work certificate and income certificate. Credit card approval time is relatively short, and it is more convenient to apply.
The two repayment methods are different.
Consumer loans can be repaid regularly, while credit cards can be repaid in full, in installments or at the minimum repayment amount, which provides more convenience for cardholders.