As far as I know, the minimum loan amount of credit card microfinance is generally not less than 2,000 yuan, and the maximum is generally not more than 50,000 yuan. The bank will approve the loan amount according to the credit limit of the credit card holder. As stipulated by Shanghai Pudong Development Bank, the maximum loan amount of credit card microfinance can reach 100% of the credit line.
Speaking of credit cards, many people know its overdraft repayment business. At present, all bank credit cards provide cash withdrawal service, but there are two charges: one is to charge a handling fee ranging from 1%-2% for the cash withdrawal amount; 2. Interest shall be charged at the rate of 5/10000 per day for the cash withdrawal amount. Excluding the handling fee, the annual interest rate exceeds 18%, which is prohibitive.
The new business of credit card micro-loan launched by some joint-stock banks has solved the urgent needs of many people. According to the cardholder's application, the bank transfers the cash to the debit card in the cardholder's name within the cardholder's credit limit, and the cardholder pays different interest according to the different repayment period. It is understood that six banks have launched this business, namely Xingye, Guangfa, CITIC, Huaxia, Pudong Development Bank and Ping An Bank.
However, the maximum loan amount of credit card pre-lending business of each bank is different, and the highest is Xingye and Ping An, which can reach 50,000. And hehe, the loan amount is set according to the proportion of the credit amount. The maximum credit line of Shanghai Pudong Development Bank is 100%, and CITIC Bank can also apply for a maximum credit line of 90%.
In terms of installment repayment, CITIC, Shanghai Pudong Development Bank and Huaxia can be divided into 36 installments at most, and Ping An Bank can be divided into 12 installments at the longest. Generally speaking, the corresponding time of the first phase is one month.
The loan amount and the number of installments are different, so are the corresponding rates. The rates vary from family to family.
Generally speaking, the rule is that you can apply only if you have both a bank debit card and a credit card. The application procedure is very simple. As long as the cardholder makes an appointment by telephone or online banking, the bank can transfer the credit line to the cardholder's debit card within 1 day at the earliest, and the longest is generally no more than 3 working days. Even new customers of Industrial Bank can apply, but only at the invitation of the bank, and CITIC can also apply.
Whether investors are qualified to apply for credit advance lending business is decided by the bank. Ping An Bank stipulates that the business is limited to the application of the main cardholder, and the supplementary cardholder cannot apply. According to the regulations of Guangfa Bank, you can only apply for a card for half a year. Huaxia Bank has detailed regulations on the qualifications of cardholders. In addition to age and origin, there are also requirements for the applicant's region.
Eligibility is only the first step. The bank has the final say on how much you can apply for.