With my new China Merchants Bank VISA card, can I withdraw cash and apply for installment repayment

Hello! Please log in to your credit card**.

Click "Online Banking Login" on the right to enter the ID number, inquiry password and additional code to log in to Internet Banking, then set the transaction password of your card in "Card Management" - "Transaction Password Management" and activate the cash advance function. Warm reminder: 1. Don't set the password too simply, such as please don't use "123456" or 6 digits of the same number; 2. There will be corresponding handling fees and interest when you withdraw cash.

In terms of consumption form, at present, our bank has shopping installment at the time of consumption and bill installment after consumption

1. Shopping installment: Through the special merchants of our bank, choose to purchase designated goods or services by installment payment. For the specific fees and charges of installment payment and the merchants that can be handled, you can log in to our credit card**.

Click on "Installment Shopping" to enquire; 2. Bill installment (cardholders who only hold commercial cards or supplementary cards cannot apply for it temporarily): If the merchant you shop at is not a special merchant of our bank, you can apply for bill installment after consumption. Statement Instalment is a new type of financial management feature launched by our credit card, which can help you repay the amount spent in the bill in monthly instalments.

Click "Credit Management" - "Bill Installment" to inquire.

Conditions for credit card bill installment: 1. The applicant must hold the principal card of the personal credit card of our bank, have a good card use record and have no overdue current repayment. 2. Customers who only hold a business card, business card, procurement card, ANA card, campus card or supplementary card cannot apply for bill installment for the time being.

3. Whether the installment application is approved or not is subject to the results of the system evaluation.

Large credit cards can be handled behind the overcoming**.

Installments are subject to handling fees, unless the product is engaged in activities at the time, and the installments are interest-free and fee-free.

The annual fee for China Merchants Bank credit card is RMB 100 for ordinary card and RMB 300 for gold card.

The annual fee is charged annually, and if you apply for 2 cards at the same time or apply for an additional card, the annual fee for the second card or supplementary card is 1 2 of the first card. The annual fee starts from the date your card is issued. If you have successfully applied for a China Merchants Bank credit card (except for Visamini, MSNMINI Infinite, Platinum, Vogue Titanium), the annual fee for the first year can be reduced or reduced by China Merchants Bank or co-branded merchants.

And if you hold the card for more than six times within a full year (counting from the date of card issuance, non-natural year), the amount is not limited, and the form is not limited, the annual fee of the card for the next year will be reduced or exempted for you (except for Visamini MSNMINI Infinite Card, Vogue Titanium Card, and Platinum Card). And this offer is valid for a long time until the new annual fee preferential policy is changed.

Cash advances will incur fees and interest. Handling fee: The handling fee for domestic RMB cash advance is calculated at 1% of the amount of each cash advance, with a minimum charge of RMB 10 per transaction, and the handling fee for overseas cash advance (including Hong Kong, Macao and Taiwan) is calculated at 3% of the amount of each cash advance, with a minimum fee of RMB 30 or USD 3 per transaction.

Interest: Interest-free repayment is not available for cash advance transactions, and interest will be charged at a daily interest rate of 5/10,000 from the date of transaction to the date of repayment, and compound interest will be calculated on a monthly basis. Compound interest, i.e. interest accrued in the previous month, is also recalculated.

The cash advance limit is set according to your card situation, it is included in the credit limit of the credit card, and the cumulative cash withdrawal limit generally does not exceed 50% of your credit limit, please call the credit card 24-hour customer service** for specific amounts. In addition, according to the relevant regulations of the People's Bank of China, the cumulative amount of cash advance per card in China shall not exceed 2,000 yuan per day; The cumulative daily cash advance amount of each overseas account shall not exceed the equivalent of US$1,000, US$5,000 equivalent within 1 month, and US$10,000 equivalent within 6 months.

The bank will specify the bill date and repayment date, if you need to change it, you can call 4008205555 to amend.

Merchants should be free of annual fees for the first year, 6 times for the first year of the card for the second year, there is no handling fee and interest for the card, as long as it is repaid on the last repayment date, all credit cards can be withdrawn, it should be half of the amount is the amount you withdraw, but there is interest and handling fee after withdrawing cash, from the day you withdraw cash, five ten-thousandths of the interest per day, until you pay it back, 50 days of interest-free refers to the card, not cash, pay attention.

In general, you can waive the annual fee for the next year by swiping the card 6 times, remember the two dates of the bill date and the repayment date, the bill date is a summary of the bill of the previous month, for example, the bill statistics say that you have consumed 5000 yuan, and then you only need to pay off the money on the repayment date, the interest-free period of 50 days refers to, for example, March 9 is your bill day, April 1 is your repayment date, and the money you consume on March 10 can be repaid on May 1 at the latest. And it is important to understand that it is not about withdrawing money, it is about spending, and going to swipe the card.

No, China Merchants Bank credit card can only be used for installment payment after 3 months.

Under normal circumstances, China Merchants Bank credit card can only apply for installment after three consecutive months of full repayment, which was the case at that time, and I don't know what the situation is now.

You can enjoy the interest-free until January 1 at the latest, which means that you have to repay the loan on January 1. You'd better repay it in full, if you can't pay the minimum amount you can repay, your bill will write what your minimum payment is, according to what is written on it, if it is a credit card, it is 10% of the amount you swiped, if it is a withdrawal, interest will be added. China Merchants Bank can only apply for installment payment if it consumes more than 1,000 yuan.

There is also the card you apply for is a main card and a supplementary card, you can't open these two cards are subject to annual fees, but if you open the card, swipe the card, mine is 6 times in a year can be exempted from the annual fee. If you don't open a card, you will also need to charge an annual fee.

How to installment 100, just pay it back once. If it's more, it's okay to pay 10% on the 1st of each month, and the interest-free is 50 days, but it's actually only about 30 days, depending on whether you can match the gap.

You repay on January 1 until January 1st, which is an interest-free period.

According to the bill, the prompt says that you have the minimum payment, and according to that repayment, you will not be blacklisted.

But I advise you, don't pay the minimum, because the interest is also quite terrible, rolling around, getting bigger and bigger.

1.1000 cannot be installed, and more than 1500 can be installed. (You can apply for a minimum repayment and repay 100 a month.)

Ten tenths, that is, 100, but with interest).

2.1000 cash withdrawals, 5/10,000 per day, 10 yuan handling fee, and about 15 yuan for a month.

3.There are no installments and cannot be paid in installments.

4.Cash withdrawals can be repaid up to 10% per month, but the interest on cash withdrawals is compounded.

5.What is Compound Interest? You withdraw 1000 cash, and the interest on the first day is on the second day, and you need it.

1000+ 5/10,000 interest, the third day is (1000+(1000+ 1000+/10,000.

5) 5/10,000, and so on......So, if you cash out, you can really use percent.

Ten years to repay the money, but the longer you trust, the higher the interest will be, as soon as possible to pay it back. (This too.)

What I said in the third article, why there is no installment for cash withdrawal, because this installment is compound interest, and many people.

I don't understand what compound interest is, and as a result, I choose the minimum repayment, and the amount I pay is getting higher and higher).

It's better not to withdraw cash, the fees are quite expensive.

To call the customer service of China Merchants Bank in installments.

Applying for instalment payments will generally be approved. If passed, the consumption money will be divided equally according to the number of installments, only the handling fee will be divided according to the number of installments, and there will be no interest on the normal repayment as agreed. If it is not approved, you cannot pay in installments, you can repay a part of the minimum payment amount first, usually 10%, but in this case, you will have to charge interest every day from the day after consumption.

Generally, banks can apply for installments with a consumption of more than 1,000 yuan, and the repayment amount should generally be the average of the term, and the installment interest and handling fees vary from bank to bank, please log in to the official website of your credit card to inquire.

In addition to installments, credit cards are divided into one-time repayment and minimum payment, and you should have this option when you apply for a credit card.

The meaning of a credit card is mainly to spend first and repay later, and the credit card itself has a repayment period of 20-50 days.

Both instalments and minimum payments are interest-bearing and should be used with caution.

Staging isn't necessarily a good thing either.

The funds for instalments are calculated at the monthly interest rate of 15/1000.

Depending on the use of your own funds, if you really need time turnover, you should pay in installments, and it is better to do less installments.

You can try to apply for a bill installment, please refer to the review result.

I remember that there are regulations for CMB credit card to apply for bill installment, and the cardholder must repay the bill in full and on time for the three months before applying for bill installment. Your card is a new card, and it's the first time to swipe it, so you shouldn't be able to apply for a bill installment...

It seems that you can choose part of the installment, call ** to the customer service and say that you want to make an installment for 1000 yuan.

Yes, but there is a handling fee for installments, and it is the most cost-effective for China Merchants Bank to divide into 12 installments.