Usually, credit card installment payment may fail for the following reasons:
1. The initial amount of installment payment is insufficient: the minimum amount is RMB 1500 or USD100 (the single consumption amount of Y-Power credit card exceeds RMB 500 or USD 60);
2. The credit card status is abnormal;
3. Some cards do not support installment payment (quasi-credit cards do not support this business for the time being);
4. The amount after withdrawal, transfer and temporary limit consumption cannot be phased.
These situations are impossible to perform.
If it is not for the above reasons, it is recommended to call the credit card customer service hotline at 400-800-9888 for consultation.
In fact, there are only two solutions:
1. Re-apply for installment payment. You can go to the counter of the business outlet, call the above-mentioned credit card customer service hotline, or log in to online banking. In short, you can contact the bank customer service staff to help deal with this problem.
2. Give up installment payment and use other payment methods.
What are the reasons for the failure of credit card installment?
There are often card friends who like to spend a lot of money, thinking that although they can't repay in full, they can relieve the pressure by stages. As a result, I was splashed with cold water when I went to do the installment, and the bank would rather not earn the handling fee than let the installment. So what are the reasons for the failure of credit card installment?
1. There are bad records such as overdue: many people voluntarily apply for installment, which is different from the invitation of the bank. The bank will comprehensively evaluate the credit status, card usage and credit history of the cardholder, and then decide whether to provide installment services. Under normal circumstances, people who want to apply for installment may have insufficient repayment ability. If it is overdue, the bank may refuse to stage it for the sake of capital safety.
2. Exceeding the number of installments: there is no limit to the number of consumption installments, which are generally carried out at the same time when payment is made. However, the billing period is different. You can only apply once a month. Some banks also require an interval of at least one month between two installments. For example, the installment applied for on the 25th of this month, and the next installment will have to wait until the 25th at least.
3. Incorrect installment time: In general, the time to apply for installment of bills is from the day after the current billing date to the final repayment date. If this time period is exceeded, the installment application will not be approved.
4. The installment amount does not match: the bank also has regulations on the installment amount of bills. Generally, the minimum installment amount and the maximum installment amount will be set. If the application for installment amount does not meet the requirements, it will also lead to installment failure. In this case, it is necessary to know the installment amount limit of the bank in advance.
5. Wrong transaction type: The bill installment is only for the newly-increased consumption amount in the current period, such as the unpaid amount in the last month, or temporary limit, cash withdrawal amount, annual credit card fee, interest and handling fee, etc. You can't pay in installments, you must pay in one lump sum.
6. There are illegal card use behaviors: some people often swipe their cards at one time, often swipe their cards at fixed POS machines, and often swipe their cards during abnormal business hours. These are all bad credit card habits, which are easily controlled by banks, so it is easy to refuse to apply for bill installment.
In short, when applying for credit card installment, try to find out the rules of Chu Bank, and don't be upset if you can't spend all the money then.
Credit cards are rejected in installments, which may be the problem.
As we all know, credit card installment is the favorite business of banks. After all, installment fees are also one of the sources of bank profits. In addition, it is also beneficial for cardholders to make regular installments, such as it is easy to raise the amount. To this end, credit card installment is beneficial to both parties, which should be a favorite thing, but some card friends are rejected by banks for installment. So, why is this happening?
What I want to say here is that credit cards also have thresholds. As long as it does not meet the conditions, it is naturally rejected. The main reasons are as follows:
1. The credit card has expired.
Many banks say that staging is a service for high-quality users, and the so-called high-quality users must pass credit.
If it is often overdue, or it is overdue before the installment, the bank will naturally not trust you to handle the installment for such a person with bad credit.
2. Failing to apply within the specified time.
There is a time limit for credit card installment, such as bill installment. Generally, you are required to apply from the second day after the bill date to the last repayment date, or within the specified time period of the day. After this time period, you cannot apply. For example, the credit card installment processing time of China Merchants Bank starts from the billing date and the day after the due repayment date.
3. The amount applied for installment payment is unreasonable.
Credit card installment is not as much as you want, such as bill installment. Every bank has set a minimum amount and a maximum amount, and you can't installment beyond the specified amount. Take China Merchants Bank as an example, the minimum installment amount is 300 yuan, and the maximum installment amount does not exceed the current bill amount.
The above are the common reasons for "refusing to handle credit card installment". Finally, I would like to remind you that although credit card installment can alleviate the repayment pressure, its cost is not low, and the highest annual interest rate can reach more than 18%. It is recommended to deal with it after careful consideration.
Why is my credit card installment operation in China Bank unsuccessful?
The unsuccessful installment operation may be caused by many reasons, such as abnormal card status, insufficient credit limit, abnormal network and so on. It is suggested that you call the customer service hotline 4006695566, and select 0 key to turn to manual service for query processing.
The above contents are for your reference. Please refer to the actual business regulations.
If you have any questions, please contact online customer service of Bank of China.
You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GOAPP to handle related business.
What is the failure of Ping An Bank's credit card bill installment application? There are these reasons.
Credit card bill installment can help people reduce the pressure of credit card repayment, so many people will apply, but last time a friend applied for credit card bill installment of Ping An Bank, but the approval failed. So I asked: What happened to Ping An Bank's unsuccessful application for credit card bill installment? Today, let's answer what caused the audit failure.
First, miss the application time.
Ping An Bank's credit card bill installment is required to be applied between the next day of the current bill and the due date of the current bill (inclusive), so if you want to apply on the day of the bill, there is no way to apply.
2. Exceeding the installment amount.
If you want to installment your Ping An Bank credit card, the total installment amount can't be higher than the difference between the current total bill and the current minimum repayment amount, and the total amount can't exceed 100000 yuan.
However, Ping An Bank has no minimum credit card bill installment. As long as you pay the minimum repayment amount in the current period, the rest can apply for installment.
Third, the comprehensive score is insufficient.
When you apply for bill installment, the bank will review you, so if your comprehensive score is insufficient, such as your personal credit is not very good and you have bad records such as overdue repayment, the bank will probably not pass your application, so the review will fail.
Fourth, the application is too frequent.
Ping An Bank stipulates that credit card billing can only be applied once every three months, so if it is less than three months since your last application, your application will also fail.
The above is about "How did Ping An Bank fail to apply for credit card bills in installments?" The answer. This paper summarizes four reasons of application failure. If you fail to apply for credit card bill installment of Ping An Bank, you can see if it is because of the above reasons.
The introduction of credit card application failure and installment application failure ends here. I wonder if you found the information you need from it?