Can the CMB Temporary Quota be Installment?

The part of the temporary credit card limit that has been used can try to apply for bill installment, and whether the installment can be processed is subject to the real-time evaluation of the system.

The temporary credit limit of China Merchants Bank Credit Card cannot be installment.

The temporary credit limit is the total credit limit that the bank temporarily raises on the basis of the permanent credit limit in order to meet the temporary needs of customers. According to the bank's regulations, the credit limit for temporary increase is generally 20% on the basis of the permanent credit limit, and it has a certain validity period.

The temporary line is not eligible for revolving credit and is included in the minimum repayment amount of the next bill, which needs to be paid off in a lump sum.

If you can't pay it off all at once, you need to pay 5/10,000 interest, there will be a high late fee, and it will be considered as a credit card overdue, resulting in a bad credit card repayment record.

What is your zero-hour quota that can be installmented.

The temporary credit limit of China Merchants Bank Credit Card cannot be installment.

Because the portion of the temporary credit will be credited to the current bill in full, if you choose to pay in installments, it will be considered overdue.

Therefore, it should be noted that the temporary amount in the current bill must be paid off in full to avoid penalty interest and affect personal credit reporting.

At the same time, it should be noted that the temporary limit of the credit card is not counted in the revolving limit, for example, if the fixed limit of a credit card is 5,000 yuan, the temporary limit is 1,000 yuan, and the bill amount of 5,500 yuan has been paid off in the current month, then the credit card limit for the next month is a fixed limit of 5,000 yuan and a temporary limit of 500 yuan.

No. China Merchants Bank credit card.

The used temporary quota does not support installment repayment, and even if the user chooses the minimum repayment, the used quota will be fully included in the minimum repayment amount. If you choose to repay in installments, the temporary amount that has been used will not be counted in the installment amount, so this part of the amount will always need to be repaid in full.

Of course, since the temporary quota cannot be repaid in installments or at the minimum, users need to control the consumption limit and be careful not to exceed their repayment ability.

1.After the temporary quota is successfully raised, it can be used immediately, and the used temporary quota (the part exceeding the fixed limit) does not enjoy the revolving credit facility, and must be repaid in a lump sum on the due repayment date, and the specific repayment amount is subject to the bill display, and interest will still be charged if the account is not paid off on time.

2.There are no overlimit fees for using temporary credits.

3.There is no handling fee for applying for a temporary quota increase.

4.Applying for a temporary quota requires a bank assessment, and the results may be inconsistent each time.

The temporary credit card limit is valid for the time when your temporary limit is used, and it will be restored to the original limit after the expiration date. Payments are still made by your bill amount before the due date. Generally, the temporary quota of personal card accounts is valid for about 30 days, and the specific time is subject to review.

If you need to extend the validity period of the temporary quota, please apply again after the temporary quota expires.

Further Information] China Merchants Bank was established in Shekou, Shenzhen in 1987.

It is the first joint-stock commercial bank in China that is wholly owned by an enterprise legal person.

It is also the first pilot bank to promote banking reform from outside the system.

Since 2012, it has been listed in the Fortune Global 500 for the first time.

Since then, it has been shortlisted for 7 consecutive years, and ranked 213th in the Fortune Global 500 in 2018. On June 26, 2019, 8 banks, including China Merchants Bank, launched the first batch of enterprise information networking verification systems. In July 2019, the 2019 Fortune Global 500 ranked 188th.

In November 2019, the list of the top 100 Chinese enterprises in the "Belt and Road" ranked 85th. In December 2019, China Merchants Bank was selected as one of the top 100 brands in the 2019 China Brand Power Ceremony. December 18, 2019, People**.

China Brand Development Index "100 list" ranked 31st. On January 13, 2020, he was selected for the 2020 Hurun.

The list of winners of the best products. In March 2020, it was selected as the 2020 Global Brand Value.

No. 74 in the top 500. In May 2021, it ranked 22nd in the "2021 Forbes Global 2000".

You can apply for a bill installment before the repayment date. The temporary credit limit of China Merchants Bank credit card is not available in installments. The temporary limit of China Merchants Bank credit card cannot be used for shopping installment, because the temporary limit has a certain validity period, generally ranging from 25 days to 90 days, and the temporary limit will become invalid when the validity period expires, and the credit card will automatically return to the original limit.

Further information: 1. The use of the temporary quota will be calculated into the minimum repayment amount of the next instalment and will need to be repaid in a lump sum. If you don't have enough installment amount with China Merchants Bank credit card, you can try the following ways to solve the problem:

1. Apply for a fixed quota increase, the fixed quota is a permanent quota, which can be paid in installments;

2. The insufficient amount is used to complete the installment transaction (i.e., overpayment installment) by depositing the corresponding amount, which needs to be applied for through manual attempts.

3. Pay part of the payment to the merchant in cash or other ways to reduce the amount of installment payment;

4. After a one-time payment, call to apply for bill installment, but the bill installment needs to pay the corresponding handling fee, and whether the application is passed is subject to the bank's comprehensive assessment results.

Two. After the temporary credit card limit expires, the temporary limit used by the customer will be fully included in the minimum repayment amount of the bill, which naturally requires the customer to pay off in full, and cannot apply for installment or minimum repayment, otherwise it will be equivalent to the customer's failure to repay the minimum repayment amount of the bill on time, which will also cause overdue and adverse effects. However, you also need to note that the temporary credit card limit is not repaid as soon as it expires, but after it is credited to the bill, it will be paid off on the bill date and before the due repayment date (inclusive).

Three. Introduction to the conditions and methods of applying for the temporary credit limit of China Merchants Bank credit card. It's much easier to apply for a credit card than a fixed limit, but it's not something you can apply for.

Cardholders must maintain good card usage habits for at least 3 months, and the card limit should also be used to the maximum, and try to keep the monthly consumption bill at about 70%-80% of the credit line.

In addition to China Merchants Bank's standard credit cards, there are also Hello Kitty cards, NBA cards, Doraemon cards, Tom & Jerry cards; A city-themed card with "smart financial management" functions such as free handling fee, double points, and bill installment for the first cash withdrawal in each natural month; There is also an exclusive Häagen-Dazs discount and charming Visa Mini card (*Visa Mini card is a set of cards, and small cards are automatically issued; The annual fee for the principal card is RMB 150 per set).

The temporary quota cannot be paid in installments and must be repaid in a lump sum before the repayment date. For example, if the credit limit of the cardholder is 10,000 yuan, and the limit is temporarily increased to 20,000 yuan, and the current month consumes 10,000 yuan, then the minimum repayment amount for the next month is 10% of 10,000 yuan plus the temporary limit of 5,000 yuan, totaling 6,000 yuan.

If the cardholder's repayment amount is less than 6,000 yuan, he or she will need to pay a series of unnecessary expenses such as overlimit fees, interest and late fees. In addition, there are also many interest-free periods for temporary credit card limits. It is understood that the credit cards of the vast majority of banks can enjoy interest-free during the temporary quota adjustment period.

However, there are also bank regulations that there is no interest-free period for the temporary quota and cannot enjoy interest-free. In fact, almost no consumers will notice this detail, and often find that they have an inexplicable amount of money after the bill comes out, and they can only "eat coptis chinensis dumbly". Industry insiders remind that if cardholders have plans to temporarily increase their credit limit at the end of the year, it is best to call the relevant bank customer service in advance for detailed consultation.

After the temporary limit expires, the used temporary credit limit (the part exceeding the fixed limit) will not be eligible for the revolving credit facility, and will be included in the minimum repayment amount of the latest bill, which must be repaid in one lump sum on the due date.

Sorry, the temporary limit of China Merchants Bank credit card is valid for a short period of time and cannot participate in installment business.

First of all, the temporary quota you apply for can be instalmented; Secondly, you have consumption on the 25th, then your consumption bill will be out on the 15th of your next month, for example, you consumed 4800 on July 25th, you can do installments on the 26th, and then, your bill comes out on August 15th, which includes this consumption installment, as for your first repayment time, it is any time between August 15th and September 5th!

You can do installments, and the bank is very welcome to do them, so that you can earn interest.

Temporary credits cannot be instalmented.

For cardholders with large spending needs, they will generally apply for a temporary increase in the credit card limit, but it should be noted that:

1. There is a time limit for the temporary quota.

The temporary credit card limit is generally valid for 1-3 months, and after expiration, the temporary credit card limit is gone.

2. The temporary line is not revolving.

The temporary quota application is valid for the current period, if you still want to use it in the next period, you need to apply to the bank again.

3. The temporary quota does not support bill installment.

As the name suggests, the temporary amount is only temporary, and the corresponding repayment must also be immediate. Therefore, the temporary quota must be paid in full before it expires, and bill instalments are not supported.

4. The temporary quota needs to be repaid in full.

As with bill instalments, the temporary minimum payment will not work.

1. The temporary limit of China Merchants Bank credit card is generally not available in installments.

After all, the temporary limit has a certain period, and once the expiration date has passed, the temporary limit will become invalid and the credit card will be restored to the original limit. So it is not possible to pay in installments; At the time of repayment, the temporary amount spent by the cardholder will usually be included in the minimum repayment amount of the current bill, which needs to be repaid by the cardholder before the due date (inclusive). If the cardholder is unable to repay the loan within the specified repayment period, it will result in overdue.

The overdue situation will be reported to the central bank credit by the first system, leaving a bad record in the personal credit report, causing personal credit damage; It also affects the cardholder's subsequent card application and loan.

1.Generally, the handling fee of credit card installment for 1 year is lower than the annual cash withdrawal interest of 18%, which is higher than the bank interest of 1 year of commercial loan. It is worth mentioning that the interest rate of commercial bank loans has been lowered many times in recent years, but the standards of credit card installment fees and cash withdrawal interest have rarely changed.

Although the standard of credit card installment fees varies from bank to bank, the calculation method is roughly the same. Assuming that the installment payment amount is 1200 yuan, divided into 12 installments, and the repayment is 100 yuan per installment (month), the handling fee is monthly, and the actual deduction is 100 + 1200 yuan per month. If other factors are not considered, the convertible nominal annual interest rate is, however, the cardholder does not owe the bank $1,200 all the time, and in the last month, he actually only owes the bank $100, but the bank still charges a handling fee of $1,200.

2.Bill installment is the most convenient installment method, and all card-issuing banks can basically support this installment method, and it is easy to apply. Users only need to submit an installment application to the card-issuing bank through ** and other methods after the card consumption and before the monthly bill is dispatched.

However, it should be noted that each bank will stipulate some special cases, such as speculative credit cards that are successfully installment by the method of filial piety. So be sure to read the staging manual carefully before proceeding with staging.

China Merchants Bank credit card temporary amount banquet dust curvature cannot be installment. If you don't repay your credit card on time, you will have a credit stain if it is overdue.

Instructions for using the temporary quota:

After the temporary quota is successfully raised, it can be used immediately.

The used temporary credit (the portion in excess of the fixed limit) will be counted towards the minimum payment amount for the next bill when it expiresIt must be repaid in one lump sum on the due dateThe specific repayment amount is subject to the bill, and interest will still be charged if the account is not paid off on time.

There are no overlimit fees for using temporary credits.

There is no handling fee for applying for a temporary quota increase.

Applying for a temporary quota requires a bank assessment, and the results may be inconsistent each time.

No, generally speaking, the temporary limit of China Merchants Bank credit card cannot be paid in installments, and must be paid off in one lump sum before the final repayment date.

The temporary quota of China Merchants Bank cannot be paid in installments, and the cardholder user needs to repay it in full at one time after expiration. There is no revolving facility for the temporary limit, and if it is not paid off on time when it expires, interest will need to be charged, so users need to find another way to repay the credit card bill first, otherwise it will not only affect personal credit, but also increase their own repayment burden.

In addition, the temporary quota of China Merchants Bank is valid for about 30 days, and the maximum is 59 days, if the user wants to extend the validity period of the temporary quota, he can apply after the expiration, and China Merchants Bank will review it according to the user's situation.

In addition, if you want to change the temporary limit into a fixed limit, it is recommended to use a credit card for consumption at ordinary times, and occasionally make a few more expenses with a relatively large amount, while maintaining your repayment credit and not having a negative situation of overdue, then it is still very promising to increase the limit.

The above is Xi Caijun's statement on "Can the temporary quota of China Merchants Bank be paid in installments". In general, the temporary amount needs to be repaid in one lump sum when it expires, unlike the fixed amount, which can be paid in installments, so if the user has repayment pressure, he must find a way to solve the repayment amount in advance, otherwise it will have a great negative impact once it is not repaid.