Bank of Communications credit card cash installment business is a business that is applied by the credit card host of Bank of Communications, approved by Bank of Communications, and the approved transfer amount is transferred from the credit card to the bank card designated by the customer supported by Bank of Communications, and the installment repayment plan is automatically generated.

1. Application channel: Bank of Communications credit card holders can apply for this business through online banking, mobile banking, bill payment column and other methods recognized by Bank of Communications.

2. Application amount: The amount that the cardholder can apply for must be within the available withdrawal limit of the credit card. The minimum amount for each application is 2,000 yuan and the maximum amount is 50,000 yuan. If the cash withdrawal amount is less than 2000 yuan, it cannot be divided into stages and must be repaid in full before the due repayment date of the current period.

3. Use of funds: The funds obtained from the cardholder's application for cash installment of Bank of Communications credit card can only be used for personal consumption of customers (including but not limited to home improvement, wedding, training, travel, etc.). ), but not for real estate, investment, commerce, etc. ). Cardholders must fill in the real purpose of funds when applying, and keep relevant consumption vouchers. Bank of Communications reserves the right to review the use of cardholders' funds.

Extended data:

Bank of Communications supports bill installment, whether it is consumption or cash withdrawal. But ... to charge the procedure fee, you need to call the customer service phone manually to apply. Generally, credit cards have numbers on the back, as long as they are returned before the due repayment date.

For example, your billing date is the 7th of each month, and the due repayment date is the 25th of each month. If you took the money yesterday (2017.1.21), you only need to repay it before 20 17. 12.25.

Note that withdrawing money from credit cards is generally for emergencies. Withdrawing money is not interest-free, and you have to charge five ten thousandths of interest every day. You withdraw 4,000 yuan, ignoring the withdrawal fee, and you need to pay 2 yuan interest every day.

Bank of Communications credit card withdrawal interest:

(cash withdrawal amount+cash withdrawal fee) *0.05%* overdraft days

If you withdraw money twice, you will be charged 20 yuan handling fee.

(4000+20)*0.05% is about 2.0 1 yuan a day.

Require at least the minimum repayment amount on the last repayment date of each month. The minimum repayment amount is: 65438+ 00% of current consumption amount+65438+00% of current overdraft cash withdrawal amount+unpaid amount of last month+interest and expenses of this month.

References:

Bank of Communications Credit Card Cash Installment-Bank of Communications Credit Card official website