After the application for universal fund of Shanghai Pudong Development Bank was successfully received, I used it for credit card repayment, and then received a short message from the bank saying that

After the application for universal fund of Shanghai Pudong Development Bank was successfully received, I used it for credit card repayment, and then received a short message from the bank saying that I used universal fund in breach of contract. First, if you use the money from the Pudong Universal Fund and pay back Pudong's credit card, it is definitely impossible for the bank to earn less interest. In profitable or high-risk investments, the debt ratio may increase and the repayment ability is passively limited. If the whole lending market is like this, the potential economic crisis will be great. Banks are also afraid that everyone will go bankrupt, and the principal and interest will not be collected, or they will not be collected when they are in trouble. They lie down to make money, but they get nervous. Of course, they can't let everyone do this, let your consumption promote the economy, and everyone's debt ratio is limited.

Second, even if it is used across banks, when they want to inquire about funds in advance, you should also cooperate with them to provide consumption purposes and vouchers. If they don't meet the requirements, they can explain their terms, and they can ask users to repay in full at one time, including the agreed interest, so they just want to reduce the risk and earn everyone's interest. The risk is too high, and the user is afraid of repayment difficulties.

Third, the "universal currency" personal credit business issued by Pupu was first tried out in early 2007. Relying on the credit card, the cardholder's cash withdrawal limit is increased on the basis of not occupying the credit limit. However, it is also different from pilots. First, interest rates are different. At the time of the pilot, the one-year interest rate was about 12% to 14%, and now it is 8%. Secondly, other bank debit cards can also be processed during the pilot period, which is now limited to Pudong Development Bank's debit card.

4. Universal cash cannot be withdrawn directly, but must be transferred to the applicant's debit card, which is essentially a credit loan. The credit card limit is approved by the credit card department, but the "universal fund" limit is not within the credit limit. It exists in the form of a loan, which is a credit line issued on the basis of a credit card. The review of the credit line is generally decided by the credit department. The determination of the limit of "universal fund" is suspected of exceeding authority.

Verb (abbreviation of verb) How to apply for universal fund of Shanghai Pudong Development Bank:

1. Log on to the credit card website of Shanghai Pudong Development Bank, select "Online Account Service-installment financing", and then click "Universal Payment Application" to apply; (Computer model Huawei MateBook 14s browser Google Chrome version 94.0.4606.8 1 website/)

2. Bind the "Pudong Credit Card" WeChat, and then click "I want universal gold" on the micro homepage; (Model Glory 50 Magic UI 4.2；; Wechat version 8.0. 15)

3. Install "Shanghai Pudong Development Bank Mobile APP" on your mobile phone, and click "Universal Gold Application" on the credit card page. (Model Glory 50 Magic UI 4.2；; Shanghai Pudong Development Bank APP Version V 1 1.0.0)