You can download the Pocket Life app with your mobile phone. After logging in to Pocket Life, select "Card Payment", my reserve fund, and check it inside.
The reserve fund of China Merchants Bank is a business launched by China Merchants Bank. In fact, the bank lends some money to the user first, usually directly to the user's credit card. Users can use this money to spend first and then repay, such as travel, renting, decoration, education, shopping and so on. It is still widely used, but it is mandatory, which means that whether you use this reserve fund or not, you have to repay it in installments, and you have to bear certain interest and handling fees. Moreover, it is not low, and this reserve fund cannot be withdrawn. It can only be used for consumption, and it must be operated on the app of China Merchants Bank. From this perspective, the limitations are still relatively large.
Reserve fund application process
First of all, you need to log in to China Merchants Bank's Pocket Life Client, and of course it must be the latest version. Click "Discovery" and you will see the column of "Financing Stage". Select "My Reserve Fund" to apply. Then the bank will give the audit results and give a certain amount according to your card usage. Petty cash may not be given to you if the applicant often fails to pay. If the applicant seldom uses a credit card, the backstage may not give you a certain amount, depending on the applicant's qualifications.
Precautions for reserve fund
In fact, the reserve fund is mainly applied for credit card users with insufficient quota. The line is independent and belongs to credit loan. Although it depends on the use of credit cards, there is also a standard that credit cards must be used for half a year and must be repaid according to the amount of each period after application. There is no minimum repayment, and there can be no overdue. The maximum reserve is 300,000 yuan, which can be operated as long as you have a China Merchants Bank card, personal name, ID number and mobile phone number, and the loan interest rate is around 0.55%.
Application skills of reserve fund
The way of compulsory reserve fund is that the temporary limit of credit card must exceed 5000, which is the minimum threshold. It is better to extend the temporary quota, so that the comprehensive score of credit cards will be higher, and there must be overseas quotas that have not been activated. If these two conditions are met, you can generally win the reserve fund. You can give priority to checking whether your pocket life has a quota, and then take this method. But there is no guarantee that it will succeed. After all, the method can only be tried, as long as there is a reserve fund.
Where is the reserve fund of China Merchants Bank?
The use of consumer reserve funds. The consumer accumulation fund shall not be used for investment (including but not limited to equity investment 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.). ).
The approved funds will give priority to offset the historical RMB arrears under your credit card personal consumption account (except platinum installment card and business card).
The unused part is recorded as the available balance of consumer reserve, which is used to offset new transactions, but it cannot be extracted by overpaying. If it is used for credit card withdrawal, it will still generate withdrawal fees and one-day interest.
Extended data:
Application conditions of consumer reserve fund:
The applicant must open an account with an ID card, hold a personal credit card of our bank, have a good record of using the card, and have no default in repayment. 、
At present, the repayment method of consumer reserve fund only supports automatic repayment of one card (debit card) associated with the bank, and the applicant must hold a valid card in his name.
Only holders of student campus cards, platinum installment cards, business cards, business cards, shopping cards, ANA cards or supplementary cards cannot apply.
Whether the final application is passed or not shall be subject to the comprehensive evaluation results of the Bank's credit card center.
Baidu Encyclopedia-China Merchants Bank
How to apply for the credit card reserve fund of China Merchants Bank?
China Merchants Bank credit card reserve fund can be applied by mobile phone, that is, downloading and logging into the pocket life client, choosing to pay by credit card, and then clicking "My reserve fund" to try to apply for the reserve fund. After the application is successful, the money will be transferred to the cardholder's personal credit card account in real time, giving priority to offset the RMB arrears under the personal consumption account of the credit card (except platinum installment card and business card).
China Merchants Bank (1987) was established in Shekou, Shenzhen. It is the first joint-stock commercial bank wholly owned by an enterprise as a legal person in China and the first pilot bank to promote banking reform from outside the system.
China Merchants Bank is headquartered in Futian District, Shenzhen. On April 9, 2002, China Merchants Bank A shares were listed on the Shanghai Stock Exchange.
On September 8, 2006, China Merchants Bank began its public offering in Hong Kong, issuing about 2.2 billion H shares and raising HK$ 20 billion. It was listed on the Hong Kong Stock Exchange on September 22. The net capital exceeds 290 billion, and the total assets exceed 4.4 trillion.
By the first half of 20 17, China Merchants Bank had more than 1800 domestic and overseas branches, set up service outlets in more than 30 cities in Chinese mainland/kloc-0, and had 5 overseas branches and 3 overseas representative offices with more than 70,000 employees.
In addition, China Merchants Bank also wholly owns CMB Financial Leasing Co., Ltd. and holds China Merchants Fund Management Co., Ltd., holding 50% equity of China Merchants Cigna Life Insurance Co., Ltd. and 50% equity of Zhaolian Consumer Finance Company; Wing Lung Bank Limited and CMB International Financial Holdings Limited are wholly-owned companies in Hong Kong.
The development goal of China Merchants Bank is to become a leading retail bank in China. 1In July, 1995, the one-card bank card was launched.1In September, 1999, Netcom, the first online bank in China, was launched, which became a widely used online payment tool for many enterprises and e-commerce websites, and promoted the development of e-commerce in China to some extent.
201April 2, 5 China merchants group co., ltd. plans major events. In order to ensure fair information disclosure, safeguard investors' interests and avoid abnormal fluctuations in the company's share price, the company's shares were suspended from trading on April 3, 20 15 upon the application of the company. In August of 20 16, China merchants bank ranked 39th in "Top 500 Chinese Enterprises in 20 16".
Product service
Debit card: It can be divided into one card and golden sunflower card, and has the functions of fixed deposit, multi-currency, and multi-function.
Credit card: a credit card in the form of chip and magnetic stripe, which has all functions such as overdraft and integral.
Golden sunflower financial management: a comprehensive financial management service system for individual high-end customers, covering liabilities, assets, intermediary business and financial consultants.
China Merchants Cigna: China Merchants Cigna Asset Management was approved as the fourth foreign-funded insurance asset management company.
Where can I check the credit card reserve?
I believe many cardholders have heard of the credit card reserve fund. The reserve fund is essentially a credit loan, which is independent of the credit limit of the credit card. Many people want to apply for this reserve fund, but many cardholders still don't know where to check the credit card reserve fund. Let's take a closer look.
Credit card reserve is actually a kind of credit loan. Different banks have different names for credit card reserves. For example, Guangfa Bank is called financial reserve, Ping An Bank is called consumer reserve, and China Merchants Bank is called e-loan. The reservation service is generally initiated by the bank inviting high-quality credit card users, so there are often some card friends who receive calls from the bank inviting them to open the reservation service. The so-called reserve fund is actually part of the credit line provided by the bank to high-quality credit card users. After the opening of the credit card reserve fund, there can be an additional consumption limit, and repayment by installments with the reserve fund does not occupy the credit line. It can be seen that the credit card reserve fund can provide certain convenience to the cardholder.
Under normal circumstances, you can see the entrance of the credit card reserve fund in the credit card center official website or the mobile APP, but not everyone can apply for the reserve fund, because the reserve fund is generally opened by the bank. Although the reserve fund can help users with financial needs to solve the financial problem quickly, it is not free to use. After users use the reserve fund, they need to pay the installment fee for installment repayment.
Take the reserve fund of Guangfa Bank as an example. The installment fee rate of 12 period ranges from 0.75% to 0.9%. The specific rate depends on the user's personal situation. If calculated according to the lowest rate, the reserve fund of 50,000 yuan 12 installments will be repaid, and the annual cost will be 4,500 yuan. It can be seen that the use cost of the reserve fund is still relatively high.
In addition, after using the reserve fund, if the credit card user fails to use it carelessly, there will be overdue charges. Usually, the overdue interest of the reserve fund is doubled. The longer the time, the higher the overdue fee, which is likely to cause the cardholder to fall into the debt crisis of the reserve fund, and the credit will be stained if it is overdue.
It can be seen that everyone is using the reserve fund carefully. If the reserve fund is used well, it can help you solve your financial problems. But if used improperly, it will also cause a series of troubles. Therefore, it is suggested that everyone should pay attention to the rational use of credit card reserve funds.