Two. Use, charging and reimbursement
1.
After the cardholder successfully applies for cash installment, the installment amount will be included in the bill from the latest installment bill. Principal paid in cash installments.
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Total principal of installment payment
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Number of periods, the principal of each period (accurate to the minute) is credited to the cardholder's credit card account month by month, and the balance is credited to the last period.
2.
The handling fee will be credited to the cardholder's credit card account by stages after the cash installment business is successfully handled. Cash installment fee for each installment
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Total principal of installment payment
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The handling fee rate of each period corresponding to the number of periods. Once the handling fee is collected, it will not be refunded.
3.
The cardholder of this bank provides various stages, including three stages, six stages, 10 stage, 12 stage, 18 stage and 24 stages, and the corresponding handling fees for each stage are 0.95%, 0.8%, 0.75%, 0.75%, respectively.
4.
The principal payable in cash for each period and the handling fee for each period are recorded at the same time, and the full amount is included in the minimum repayment amount of the current bill.
5.
After the cash installment is successful, the cardholder will freeze the installment application amount within the limit, that is, the credit line will not be restored immediately. The frozen amount will be restored by installments with the cardholder's repayment in each installment, until the last installment or all installment balances are paid off in advance.
6.
If the cardholder who successfully handles the cash installment business still has extra money after repaying the current accounts payable on time, he will not pay off the principal and handling fee payable in the next cash installment in advance.
7.
For cash installment business, the points are calculated according to the installment principal allocated in each installment, and the accumulation rules are subject to the credit card points rules and terms of China Merchants Bank.
8.
If the cardholder cancels the credit card within the repayment period, the outstanding installment balance and the remaining unpaid handling fee in the successful cash installment business must be paid off in advance.
9.
If the cardholder needs to pay off the outstanding installment payment of the cash installment business in advance, he must call our customer service hotline to apply. After the application is approved, he must pay off the outstanding installment payment and the remaining unpaid handling fee in one lump sum, and the received installment fee will not be refunded.
10.
When the cardholder applies for cash installment, it is deemed that he has applied for adjusting the credit limit at the same time. Banks have the right to evaluate and decide whether to adjust the credit line of credit cards according to the credit status of cardholders and the use of credit lines. Whether the cardholder accepts the adjustment of the credit limit of his account by our bank or not, the cardholder has the responsibility to pay off the arrears that have occurred.
1 1.
When the cardholder makes cash installment settlement, the bank has the right to adjust its credit line according to the comprehensive evaluation.