It can only be used for credit card purchase of large durable consumer goods, wedding, child care, settlement, tax payment, health and so on.
CCB Installment Payment Purpose:
1. Submit the application and identification at the outlet first.
2. After approval, the bank will release the money to the special debit card for installment payment opened by the applicant in CCB.
3. Use this debit card to spend in the designated merchants. Although the payment is in a debit card, the use of this debit card is restricted, and the functions of cash withdrawal, transfer, online payment, withholding and remittance are all restricted.
4. Repay the principal and handling fee on a monthly basis. The monthly handling fee is 0.5% of the total installment.