What is the difference between Ping An Bank s reserve fund and spiritual gold? That low interest? Th

1. The definitions are different.

In order to meet the consumption needs of the principal cardholder, the bank provides the cardholder with a small amount of consumption reserve fund in the form of an active invitation, and the cardholder can repay the principal and a certain amount of handling fee in installments.

Ping An Bank Credit Card Instant Cash refers to the business in which cardholders (only principal cardholders can apply, supplementary cardholders cannot apply) withdraw cash in full or in a certain percentage within the cash withdrawal limit under the credit limit of Ping An Credit Card at one time, and repay the principal and a certain amount of handling fee in installments in order to meet their own consumption needs.

2. The transfer of funds is different.

After the application is successful, the funds will be transferred to my credit card, which is only used for daily card swiping and online payment, and cannot be withdrawn or transferred.

After the application is successful, the funds will be transferred to the debit card in your name.

3. Different repayment methods.

Flexible cash means that the cardholder can overdraft and withdraw the cash limit of the credit line of Ping An Bank credit card according to a certain percentage, repay the principal in installments and a certain handling fee;

The reserve fund is equivalent to the reserve fund for small consumption, with a maximum amount of 500,000 yuan, and it is not eligible to be used after expiration. The reserve can also be used for consumption, and an invitation is required to handle it. It can be divided into 6, 12, 18, 24 or 36 installments to repay the loan, and the minimum application amount is 2,000 yuan.

Ping An consumption reserve is based on the use of credit cards, to give high-quality customers in addition to the credit card limit of a loan installment, commonly known as "card loan" in addition to the consumption reserve, there are also a lot of Ping An loans, similar to the reserve is a special installment, this loan is also outside the limit, but the need to designate merchants to consume installments!

Let's talk about the disadvantages of Ping An consumption reserve fund in detail:

How to make a loan! After the Ping An Consumption Reserve Fund is approved, the loan is directly transferred to the credit card and counted as the credit card limit. You need to use a credit card to swipe out the funds, but you need to bear the handling fee for credit card consumption.

Then this handling fee generally needs to be borne by the cardholder, so this virtually increases the interest of the loan. On the contrary, which card loans are directly put into the savings card, can save this money. According to the market standard rate, if you use 50,000 yuan, then the handling fee alone will need 300 yuan!

So this drawback is obvious!

Interest rate issues! Since it is an installment loan, we naturally pay more attention to the interest rate. Because your ** is too small, I see the specific installment interest rate, but I don't see the red discount interest rate from **, so I guess your monthly interest rate should not be lower, that is, 10,000 yuan, and the monthly interest is 80 yuan.

This interest rate is still relatively high, and if you convert it to an adult interest rate, it is. This APR is indeed a bit high. In addition, many of Ping An's borrowing interest rates will be slightly higher, such as Ping An Puhui, the new generation and so on.

If you can get a discount on this rate, then it is suitable. Therefore, the high interest rate on borrowing is also a major disadvantage of the reserve!

Consumption voucher! This is a problem that all card loans will encounter, and after using the reserve, you need to keep proof of consumption to prove where the funds went. This is a requirement of UnionPay, but generally the loan to the savings card will need to provide consumption, because the bank cannot know the whereabouts of the funds, but if the loan is to a credit card, the bank can detect the whereabouts of the funds through the merchant where the customer swipes the card, and it is reasonable that there is no need to provide consumption vouchers.

However, Ping An's spending reserve needs to be provided. Therefore, after the reserve is consumed, you must keep the consumption voucher, otherwise you will not be able to provide it at that time, and Ping An has the right to let you settle it in advance!

Ping An consumption reserve fund is on the credit! For example, if you apply for 100,000 Ping An Reserve, then you will increase your debt by 100,000 and credit of 100,000. This limit is directly increased to the credit card limit, if your original credit card limit is 30,000 yuan, and you apply for a reserve fund of 100,000 yuan, then your Ping An credit card limit is 130,000 yuan on the credit report.

In addition to the above drawbacks, the others are basically minor problems. For example, the reserve funds cannot be used for investment, and it needs to be turned over to a savings card, and then you can use the savings card to make payments. In addition, the repayment of the reserve fund is with the credit card bill, even if there is a limit in the credit card, it will not be deducted, and you must take the initiative to repay!

The above are all the drawbacks of the safe consumption reserve!

The interest rate of credit card interest is usually 5/10,000 of the bank's interest rate, or it can be 10,000 yuan and 5 yuan a day. It may seem low, but it's not a decimal.

The daily interest rate of 5/10,000 is converted into an adult interest rate, that is, an annual interest rate of 18%, which is almost the same as private usury.

Usually, banks will compound credit card interest on a monthly basis, that is, add up the principal interest of the previous month and then calculate the interest of the next month. And so on.

First, convert the interest rate into a monthly interest rate, that is.

Then if the credit card is 10,000 yuan for a year, 10,000 * (1+ yuan difference.)

The bank also has the term late payment fee, which means that if you do not pay the minimum payment amount before the latest repayment date, you will receive a late payment fee. The most common rate is 5% of the unpaid portion of the minimum payment.

For example, the minimum payment is 1000, but only 200 is repaid

Then it is (1000-200)*5% 40 yuan.

Banks can also trick you from the time of interest accrual. For example, if you owe 10,000 yuan to your credit card after swiping the card on November 1, and the bill date is the 10th, then there is no problem if you repay it on the 10th, and if you repay it on the 11th, it will not only count the interest on the day exceeded, but from the 1st of the card, that is, the interest of 10 days.

After the special consumption reserve fund is received, regardless of whether it is used or not, and how much it is used, the handling fee will be charged according to a fixed monthly basis. If there is any arrears after the account is received, the arrears that have been paid will be deducted first, and the credit card bill can be repaid; Unused credit will be applied to new transactions on your credit card. In addition, it is recommended to use it as soon as possible within a month, because the available amount will gradually decrease with the monthly billing, which means that the first installment of the principal and handling fee of this money will be credited one month after the receipt of the account.

Hello, there are many platforms that can provide small loans, and the amount is basically between 5 million and 300,000 yuan, which can be applied for through banks, online loans, etc. Although the amount of small loans is lower than other loans, they are very popular because they are fast and flexible in borrowing and repayment. As long as you choose a regular platform, the security of funds and information is guaranteed, and you can use it with confidence.

Magic Cash is a one-time transfer of the fixed amount in your credit card to the debit card, take it out through the debit card at one time, and repay it to the credit card in installments.

The spending allowance is to transfer money to a credit card, which can be used to spend, offset the arrears, and then repay the credit card in installments. However, only customers who are invited to spend the reserve can handle it.

Hello, Ping An Bank's credit card magic cash service is to transfer the available credit limit within the fixed limit to the debit card in your name at one time or in installments. There is no interest after the instalment of the Magic Cash is successful, and you can repay the principal and handling fee in instalments on time.

In order to meet the consumption needs of the principal cardholder, the Bank provides the cardholder with a small amount of consumption reserve in the form of an active invitation, and the cardholder can repay the principal and a certain amount of handling fee in installments.

The special consumption reserve fund is only applied for by the principal cardholder of Ping An Bank Credit Card, and customers who are in the designated list will be invited by the marketing specialist of Ping An Credit Card by calling.

Hope that helps, thanks.

Ping An Puhui Loan is expected to have an annualized interest rate, which is a loan platform with high interest.

Interest is calculated on a daily basis, and interest and guarantee fees are charged on the balance of the loan, and the daily rate is as follows. It is equivalent to borrowing 2,000 yuan, and you have to repay the interest of 2 yuan a day. In addition to the handling fee of 3% for all one-time payments, there is also an annual expected annualized interest rate and a monthly guarantee fee.

6 installments of expected annualized interest rate, monthly guarantee fee. 12 installments of expected annualized interest rate, monthly guarantee fee. 24 installments of expected annualized interest rate, monthly guarantee fee. 36 installments expected annualized interest rate, monthly guarantee fee.

Extended Information: Ping An Inclusive Loan is as follows:

The expected annualized interest rate fee for the home e-loan is calculated on the basis of the remaining principal every month, and the monthly guarantee fee is calculated on the basis of the loan principal every month. Apps similar to i-Loan borrow and repay loans with daily interest and fast arrival, Tencent's WeLoan has a daily interest rate of 10,000, Alipay's Ant Loan has a daily interest rate of 20,000 to 15,000, and Jingdong gold bars are 4 to 10,000.

Of course, the personal credit information taken by each platform is different, and it is uncertain whether it can be qualified, but in comparison, the interest rate of the i loan with a daily interest rate of 1,000 is indeed higher.

1. The interest of Ping An i loan.

Ping An's i-loan is calculated on a daily basis, and interest and guarantee fees are charged according to the balance of the loan, and the daily rate is 2 yuan per day if you borrow 2,000 yuan.

Of course, if you do not repay the minimum repayment amount on the fixed repayment date every month, the repayment date will be considered overdue on the next day. Depending on the overdue amount, the amount of penalty interest will also vary. Penalty interest is charged daily until it is paid off.

2. How to calculate the interest of Ping An i-loan.

Interest is usually calculated based on the accumulation method: interest = principal x number of days x annual expected annualized interest rate of 360 (principal x days is called accumulation). For example:

On February 3, he borrowed 70,000 yuan from Ping An for a period of 3 months (due date May 3); The loan is 60,000 yuan, with a term of 5 months (maturity date on July 3), and the expected annualized interest rate of the two loans is implemented as the benchmark expected annualized interest rate, and the interest of the two loans is: i1 = 70,000 x 89 (day) yuan) i2 = 60,000 x 150 (day) yuan).

The general daily interest rate of Ping An Bank loans is.

Ping An credit products belong to Ping An i-loan, with a maximum amount of 30,000 yuan, which can be applied for at the age of 23 or above, and can be borrowed and repaid at any time. iLoan is calculated on a daily basis, daily fee = remaining repayment principal * daily interest rate. The daily interest rate is fluctuated according to the borrower's qualifications, and the general daily interest rate is.

For example, if the loan amount is 10,000 yuan, the daily interest is 10,000*yuan.

After applying for a loan, the borrower must remember to repay the loan on time, if the funds are not repaid within the specified time, the borrower's own credit will be damaged, and it may not be so easy when applying for a loan next time.