From the consumption mode, at present, the Bank has cash installment before consumption, shopping installment during consumption and bill installment after consumption:
1. Cash installment is a business that China Merchants Bank provides you with cash withdrawal and installment repayment. You can directly transfer from the credit card to the smart card under your own name, use the smart card to spend, and then upload the consumption receipt regularly. For details, please refer to the description on the web page: /cash/Index.aspx must be evaluated first to determine whether it can be done. Cash installment requires a certain handling fee, which is charged in installments. Fee for each installment = total installment amount × fee rate. The benchmark fee rates for each period are: 0.95% for the third period, 0.8% for the sixth period, 0.75% for 10, 0.75% for 12, 0.75% for 18 and 0.75% for the 24th period.
2. Shopping by installments: through our special merchants, we choose to buy the designated goods or services by installments. For the specific charging standard of installment payment and the merchants that can handle it, you can log on to our credit card website/click "installment shopping" to inquire;
3. Bill installment (only cardholders of business cards, business cards (including financial business cards), shopping cards, ANA protection cards or supplementary cards cannot apply): If the merchant you shop is not a special merchant of our bank, you can apply for bill installment after consumption. Bill installment is a new financial management function launched by our credit card, which can help you repay the consumption amount in your bill in monthly installments. Whether the bill installment application is passed or not shall be subject to the comprehensive evaluation results of our credit card center. For details, please log on to the credit card website/and click "Financing Staging"-"Bill Staging" to inquire.
If you have any questions about other credit cards of China Merchants Bank, you can add QQ Corporate Customer Service (4008205555) or WeChat (China Merchants Bank Credit Card Center) for consultation. Thank you for your concern and support for China Merchants Bank!