China Merchants Bank needs to pay a fixed fee for buying a car with a credit card loan, which is related to the capital cost and operating cost. However, some models have a 0 handling fee discount in stages. So under normal circumstances, what handling fee does China Merchants Bank need to pay for credit card loans? Let's first understand the handling fee for buying a car with a credit card loan from China Merchants Bank.
China merchants bank credit card loan car purchase fee
1. Charge reason
If you handle the installment business of China Merchants Bank's credit card loan car, including capital cost and operating cost, there will be a certain installment fee. There are two modes for the installment fee of China Merchants Bank: one-time charging mode and installment charging mode. The one-time charging mode is to pay all the expenses in one lump sum in the first installment, so even if the repayment is made in advance, the installment fee cannot be reduced.
2, the handling fee calculation formula
Installment fee = installment amount × installment fee rate, and installment fee is charged monthly according to the number of installments.
3. Expense installment rate
5.5% of 12, 24 10.5% of 14.5% of/kloc-0, 3614.5%, and a single vehicle supports 0 handling fee.
3. Cost sharing model
The fixed total rate will be charged in equal installments (months). If it is not divisible, it shall be rounded to two decimal places, and the remaining handling fee shall be charged at one time in the last month.
The installment fee of China Merchants Bank's credit card loan is 12 5.5%, 24 10.5%, and 36 14.5%. Compared with traditional car loans, the rate is still favorable. However, it should be noted that as a bank credit card loan to buy a car, the loan records will definitely be collected at the meeting, and the repayment records of each period will also be recorded. Therefore, I suggest that everyone must repay in time and maintain personal credit information.
Introduction to popular reading:
How much is the credit card loan fee of China Merchants Bank? The higher the number of installments, the higher the handling fee!
What is the interest rate of credit card installment loan of China Merchants Bank? The minimum handling fee is 0.75%
How to get a car loan with China Merchants Bank credit card loan (conditions, process, interest rate)
China Merchants Bank's credit card loan car purchase rate is not only low, but also some models can enjoy a preferential rate of 0. How to buy a car with China Merchants Bank credit card loan? From the conditions, process and interest rate of China Merchants Bank's credit card loan to buy a car, this paper introduces how to handle the installment business of China Merchants Bank's credit card car.
China Merchants Bank credit card loan car purchase conditions
1, from Chinese mainland;
2. A natural person with full capacity for civil conduct;
3. The age is between 18-60 years old;
4. There is no serious bad credit record of banks or credit institutions;
5. Have a legal and stable job or income.
(Tips: You can only apply for a loan if you meet the loan conditions, but whether you can successfully handle the car installment business in the end depends on whether the bank recognizes the lender's business qualifications. )
China Merchants Bank Credit Card Loan Car Purchase Process
1. online booking loan application amount.
2. Wait for the bank staff to contact the lender to apply for a loan.
3. Wait for the bank to review the lender's qualification.
4. After approval, the lender will pay the down payment for car purchase and purchase insurance.
5. Pick up the car after the bank lends money.
China merchants bank credit card loan car purchase interest rate
1, some models support installment 0 rate concessions, so the handling fee is free.
2. The standard service fee rates of China Merchants Bank's automobile installment business are 65438+5.5% in 2002, 24 10.5% and 36 14.5%.
China Merchants Bank's credit card loan to buy a car is not an application, and it will certainly be able to successfully handle the installment business. The final installment amount is subject to the audit of China Merchants Bank Credit Card Center. At the same time, you need to pay a down payment to buy a car with a credit card loan from China Merchants Bank. Most models need to pay 30% of the car price, and individual models need to pay 20% down payment, and payment must be made by means other than China Merchants Bank credit card.
Introduction to related hot reading:
What is the interest rate of credit card installment loan of China Merchants Bank? The minimum handling fee is 0.75%
What is the credit card loan amount of China Merchants Bank? You can buy a car at the highest amount.
Is it cost-effective to buy a car by installment with China Merchants Bank credit card?
It is more cost-effective to buy a car by credit card in installments for the following reasons: 1. As long as you have a credit card, you can apply for a loan directly from the bank. If there is no credit card, many 4S stores now provide credit card loans to buy cars, which can usually be completed in about a week; 2. The advantage of buying a car with a credit card loan is that the process is relatively simple and the approval time is relatively short; 3. However, the disadvantage is that the repayment period is short (generally no longer than 3 years) and the applicant has high credit requirements in the past.
So much for the introduction of China Merchants Bank's credit card loan to buy a car.