First, after the credit card of China Merchants Bank successfully applies for cash installment, the money can be transferred to the valid one-card account opened by the cardholder himself or the cardholder's debit card account in China Industrial and Commercial Bank, China Agricultural Bank, China Bank, China Construction Bank, Bank of Communications, China Postal Savings Bank, China Everbright Bank, China CITIC Bank, Industrial Bank, Shanghai Bank and Ping An Bank (among which the debit card of Bank of Communications, Shanghai Pudong Development Bank and Ping An Bank requires UnionPay online function). The debit card account opening certificate must be consistent with the credit card account opening certificate, otherwise the transfer cannot be made.

2. The cash installment business is limited to RMB currency, and the cash amount that the cardholder can apply for withdrawal is within the available cash limit advanced by his credit card. The minimum amount for each application is 300 yuan, with a cumulative maximum of 50,000 yuan. The issuing bank will charge an installment fee.

3. Cash installment 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.). ). Cardholders must keep relevant vouchers for cash payment, and banks have the right to access them at any time.