Hello, I applied for a reserve fund last night. What time does it arrive?

Generally, the reserve fund will arrive in the account within 2 natural days after the hesitation period, and there will be a short message prompt when it arrives.

After the application is successful, the funds will be transferred to my credit card and the credit card bill can be repaid; Unused consumer reserves will offset new credit card transactions. In other words, petty cash will be used first after it arrives, and then the credit card limit will be used after it is used up. No matter whether the reserve fund is used or not, the handling fee is charged according to the application amount. It is recommended to use it as soon as possible. This reserve fund is only used for daily credit card swiping and online payment, and can't be withdrawn, transferred or recovered.

"Reserve fund" refers to the credit card funds granted by the bank to cardholders that exceed the credit card limit. It is neither a limit nor a cash withdrawal, and you can only swipe your card. The key point is that the amount of the "reserve fund" does not charge interest as long as the handling fee, and the principal and a certain handling fee can be repaid in installments.

Generally, banks invite cardholders to open credit card imprest business, which means that only those with good credit in the past will be invited to open credit card imprest business, and opening credit card imprest business will also improve the comprehensive score, which in turn can increase the fixed amount of personal credit cards.

After the "reserve fund" arrives, it will give priority to offset the current arrears of the cardholder's credit card. The principal and handling fee of each installment will be fully included in the minimum monthly repayment amount and will occupy the cardholder's available credit card account. The cardholder notifies the repayment according to the credit card statement and SMS. If the repayment is overdue or insufficient, the corresponding interest and late fees will be charged.

Finally, it needs to be reminded that the credit card reserve has advantages and disadvantages, which can solve the cardholder's large capital demand. However, if it is used frequently, it will increase personal debt ratio and affect personal credit. If you apply for bank loans and credit cards in the future, you are likely to be rejected by the bank. To this end, everyone must be cautious.