See below:
Minsheng Bank's credit card free installment business is an installment credit card consumption business proposed by Minsheng Bank for cardholders who need to make multiple payments. Cardholders who temporarily do not have so much money to buy the items they need, then they can choose to pay by installment. Payment by installment can greatly reduce the repayment pressure of cardholders. This article introduces the handling fee of Minsheng credit card free installment business, the application process and the specific details of this service.
Interest-free installment payment for consumption: With a single consumption amount between RMB 800 yuan and RMB 5,000 yuan (excluding cash advances and various interest charges), cardholders can apply for 3, 6 or 12 interest-free installment payments before the bill date of the current period.
Introduction of Installment Handling Fee: Number of Installment Periods Handling Fee Rate per Installment Period
3 Installment Periods 0.8%
6 Installment Periods 0.7%
12 Installment Periods 0.6%
Installment Payment Service Application Procedure:
1. Apply via Internet Banking
Login to Minsheng Credit Card Internet Banking at ---- 》to select "Credit Card Freedom Instalment" function ----" select the transaction and the number of installment period to be applied ----" complete the application.
2. Customer Service Phone Application
Dial Minsheng Credit Card's 24-hour customer service hotline ---- and transfer to "human service" ----. Inform the customer service officer of the transaction and number of installment periods for which the free installment will be applied for ---- and complete the application. (It will be shown on the back of the phone card.)
Free Installment Activity Rules:
1. This service is applicable to Minsheng Credit Card personal cardholders;
2. Cardholders can apply for converting any transaction that meets the conditions into a free installment transaction before the billing date;
3. The amount of a single transaction for applying for free installment shall be RMB 800 yuan at the lowest, and RMB 50,000 yuan at the highest. The minimum transaction amount for applying free installment is RMB800 and the maximum amount is RMB50,000. Cardholders can apply for free installment by logging on to Minsheng Credit Card Online Banking or by calling the 24-hour customer hotline 400-66-95566.
4. The Bank reserves the right not to allow any illegal transactions, non-performing credit card accounts, credit card accounts with abnormal status, or credit card accounts the Bank deems inappropriate for applying for the installment business for any reason.
5. The number of free installment periods that can be applied for is 3, 6 or 12. When applying for the free installment business in Chen Gong, the cardholder is required to pay a certain percentage of the total amount of the installment transaction as a handling fee, which will be charged on a period-by-period basis.
6. After the application for the free installment business is successfully made, the amount of the repayment of the installment for the current installment period, as well as the handling fee to be paid for the current installment period, will be credited to the minimum payment of the current bill. After successfully applying for the free installment service, the current installment amount and the handling fee payable for the current installment will be counted as the minimum repayment amount of the current bill, and the repayment amount payable for each installment will be accurate to "cents";
7. The transactions for which free installment has been successfully applied for can be withdrawn by the first billing day after the installment;
8. The cardholder can apply for early repayment, and all the unpaid sums will be counted as the minimum repayment amount of the current installment on the last billing day. All outstanding amount will be credited to the current minimum repayment amount on the last billing date, and a one-period handling fee will be added if the application for early repayment is successful.
9. The following two types of merchants are not allowed to apply for free installment business:
A. Handling fees charged in accordance with the relevant credit card articles of use and the provisions of the contract of use, such as credit card annual fee, cash advance fee, interest, late fees and other credit card charges;
B. Money transfer transactions, cash withdrawals, real estate sales, automobile sales, securities transactions, loan repayment, purchase of lottery tickets, securities transactions, repayment of loans, purchase of lottery tickets, payment of fines, taxes, public **** utility charges, hospital-type transactions, court fees, bail and bonds, government services, husband loans, embassy and consulate charges, wholesale transactions, etc.;
C, other items that the Bank may specify otherwise.
10. The handling fee charged by the Bank for the free installment business is non-refundable;
11. If the cardholder's credit card account becomes out of order during the free installment period due to any reason such as account tigers, frozen account, or any other reason that the Bank believes that his/her self-confidence has deteriorated for any reason, which results in the account no longer being used for installment business, the Bank has the right to cancel the installment business without any notice. The Bank has the right to treat all outstanding amounts (including handling fees) of the installment business as fully due and included in the minimum repayment amount of the most recent bill, which should be repaid by the cardholder in a lump sum. 12. China Minsheng Bank Credit Card Center reserves the right to modify the fees related to this business, as well as the right to change, adjust, or terminate this activity; the final interpretation of this business belongs to the Minsheng Bank Credit Card Center.
Additional Answers:
Specifically, it seems to depend on the merchant number inverted eighth --- inverted fifth is what, if it is the wholesale industry seems to be unable to install, the retail industry can be
Specifically, see the following:
1520 Real estate sales 0.8 Single transaction fee of 80 yuan cap,
4111 Local passenger transport 1
4112 Local passenger transport 1
4112 Local passenger transport 1
4111 Local passenger transport 1
4112 Local passenger transport 1
4113 Local passenger transport 1
4112 Railway Passenger Transportation 0.6
4121 Car Rental (Personal Car Rental) 1
4215 Courier Service 1
4511 Airline 0.5
4722 Travel Agency Services 1
4789 Transportation Services 2
4812 Telecommunications Equipment (Sales Class) 1
4814 Telecommunications services (fee-based) 1
4815 Mobile communications 1
4816 Computer network services 1
4829 Postal services (telegraphy, remittance) 1
4899 Paid television services 1
4900 Public **** utilities 1
5094 Precious stones, metal Jewelry, watch stores 1.8
5211 Building materials (sanitary ware, lighting, etc.) 1
5231 Glass, paint, wallpaper stores 1
5271, 5511 Car sales 0.8 Single transaction procedures capped at 50 yuan,
5311 Department stores 1
5399 Grocery stores 1
5411 Supermarkets (including goods) 1
5411 Supermarkets (including goods) 1
5411 Supermarkets (including goods) 1
5399 Grocery stores 1
5508 5411 Supermarkets (including warehouses) 1
5441 Food store 1
5451 Daily necessities store 1
5462 Bakery 1
5533 Automobile parts and accessories store 1
5542 Gasoline station 0.5
5621 Women's fashion store 1.5
5631 Women's specialties store 1.5
5631 Women's specialties store 1.5
5633 Specialty Goods Store 1.5
5641 Children's and Baby's Goods Store 1
5661 Shoe Store 1.5
5681 Leather Goods (Specialty) 1.5
5691 Clothing (Specialty) 1.5
5714 Cloth Decoration, Upholstery, Bedding 1
5719 Furniture (Specialty) 1
5722 Electrical Appliances (Specialty) 0.8
5734 Computer Software Stores 1
5812 Food & Beverage 2
5813 Bars, Drinking Places, Nightclubs, Teahouses 2.5
5814 Fast Food Restaurants 1.5
5912 Pharmacies 2
5932 Antiques / Artifacts/Paintings/Fine Art 3
Auction House 1
5941 Sporting Goods Store 1.5
5942 Bookstore 1
5946 Photo Studio 1
5948 Luggage and Leather Goods Store 1.5
5970 Jewelry and Goldsmithing (Specialty), Piano Shop, Arts and Crafts Shop 1.8
5977 Cosmetic stores 2.5
5992 Florists 2
5993 Alcohol and tobacco (monopoly) 1
5994 Books and newspapers (printing/selling) 1
6399 Insurance 1
7011 Hotel and tourism (accommodation, reception) 2
7210 Laundry services 1
7217 Indoor cleaning services 1
7230 Beauty category 2.5
7261 Funeral services 1
7277 Wedding services 2
7295 Nanny services 1
7297 Bath and massage services 2.5
7298 Fitness room 2.5
7299, 5998 Gasoline Wholesale 0.04 Single transaction fee capped at 100RMB,
Food Wholesale 0.04 Single transaction fee capped at 100RMB,
Feed Wholesale 0.04 Single transaction fee capped at 100RMB,
Tobacco Wholesale 0.1 Single transaction fee capped at 100RMB,
Woolen Weaving Wholesale 0.5 Single transaction fee capped at 100RMB,
Woolen Weaving 0.5 Single transaction fee capped at 100RMB,
Woolen Weaving 100 yuan,
Furniture wholesalers 0.5 single transaction fee capped at 100 yuan,
Building materials wholesalers 0.5 single transaction fee capped at 100 yuan,
Clothing wholesalers 0.5 single transaction fee capped at 100 yuan,
Other wholesalers 0.8 single transaction fee capped at 100 yuan,
Other wholesalers 0.8 single transaction fee capped at 100 yuan,
Other wholesalers 0.8 single transaction fee capped at 100 yuan,
Other wholesalers 0.8 single transaction fee capped at 100 yuan,
7311 Advertising, advertising services 1
7321 Information services (law firms, consulting firms) 2
7333 Commercial photography services 2
7392 Property management 1
7512 Car rental 1.5
7538 Car beauty/accessories/repair 1
7542 Car wash service 1
7832 Cinema 1
7841 Tape rental service 1
7911 Dance halls 2.5
7933 Bowling alleys 2.5
7991 Exhibitions 1
7993 Video games 1.8
7995 Lottery 1
7996 Amusement parks 1.8
7997 Audio-visual singing entertainment, clubs, leisure 2.5
7998 Aquariums, swimming pools 1.8
8043 Optical instruments/eyeglasses/cameras/watches (monopoly) 1.5
8062 General hospitals 0.5
8063 Specialized for health care 1
80998 Medical insurance 1
80908 Medical insurance 1
80999 Medical insurance 1 <
8099 Medical Services 1
8111 Legal Services 1
8211 Elementary and Secondary Schools 1
8220 Universities, Colleges, and Professional Schools 1
8299 Schools and Educational Services 1
8398 Charitable, Social Services 1
8399 Rebate Free (Non-Profit Business) 0 Rentals $250 per unit
8911 Engineering, Architecture, Surveying Services 1
8912 Decorating, Horticulture and Landscaping 2
8999 Ceremonial Services 2
9222 Penalties 0 Rentals $250 per unit
9223 Bail Bonds & Debentures 0 Rentals $250 per unit
9311 Taxes 0 Rentals $250 per unit
9399 Government services, regulatory district fees 0 Rentals $250 per unit
9400 Messenger and consular fees 0 Rentals $250 per unit
9411 Government loans 0 Rentals $250 per unit