Credit card has no loan function, but at present, CCB has large-scale special installment business for car purchase, home improvement and parking space. On the basis of the original credit card limit, customers are given a special installment limit for car purchase, home improvement or parking. However, there is no way to take out this quota, and it can only be used by stages in the credit card of the cooperative merchant designated by his family. You can get a general idea of the specific business introduction on the credit card website of CCB.

If you need cash, his family also has a business called cash installment, but the amount should be within the credit card limit. Details are as follows:

Cash installment: You can pay a sum of cash from your credit line to your savings card in CCB, and take it out from the savings card and return it to the bank every month. The advantage of this business is that it is not restricted by POS card swiping and can be traded in cash.

Processing time: there is no specific limit.

Processing amount: For 500 yuan, it must be an integer multiple of 65,438+000 yuan, and the maximum amount shall not exceed the available limit of your credit card (excluding overpayment and temporary limit), and the total amount shall not exceed 50,000 yuan.

Staging fee: See the following figure for details:

According to the rate table, for example, suppose cash is calculated in six installments, 50,000 yuan.

Installment principal = 50,000/6 = 8,333.33 yuan,

Installment fee =50000*0.53%=265 yuan,

Total * * * handling fee for the 6th installment =265*6= 1590 yuan,

Installment repayment =8333.33+265=8598.3 yuan.

The bank will settle your bill every month, and you can repay it according to the bill.