What is Alipay's reserve fund?

The reserve fund is a short-term small-amount loan product in Alipay, with a maximum limit of 500 yuan, to meet users' daily emergency small-amount capital needs. It should be noted that 500 yuan is the maximum limit, and the limit for some users may be 100 yuan or 200 yuan, whichever is displayed on your page. After receiving the reserve fund, the amount will be directly transferred to the Alipay balance account. The use is no different from the funds that are recharged to the balance account by yourself. It can be used for shopping, financial management, payment, etc.

The operating environment of this tutorial: HarmonyOS 2 system, Alipay 10.3.0.8000, HONOR V30 mobile phone.

The reserve fund is a short-term small-amount loan product in Alipay, with a maximum limit of 500 yuan, to meet users' daily emergency small-amount capital needs. After receiving the reserve fund, the amount will be directly transferred to the Alipay balance account. The use is no different from the funds that are recharged to the balance account by yourself. It can be used for shopping, financial management, payment, etc.

With Alipay reserve funds, you can meet the needs of small loans, but not everyone can open Alipay reserve funds. You need to meet certain basic conditions to have the opportunity. Fair use is beneficial to me.

It should be noted that 500 yuan is the maximum limit, and the limit for some users may be 100 yuan or 200 yuan, whichever is displayed on your page.

If you want to use the reserve fund, you can directly search for the three words "reserve fund" in Alipay, enter the page, and then try to activate it. Like Huabei and Jiebei, whether the reserve fund can be opened is also the result of a comprehensive evaluation of the system. It has no absolute relationship with the level of Zhima points and cannot be intervened manually. If you are unable to open a reserve fund, it is recommended that you maintain good credit and account activity and wait for the system's irregular evaluation.

The reserve fund can be used for 7 days at a time. The cost of each payment is subject to the display on your page. The Alipay balance can be credited in real time, and the borrowed money can be used for daily emergency consumption.

The reserve fund will be automatically deducted after 7 days. For example, if you borrow money on the 1st, the system will automatically deduct the money on the 8th. You must ensure that there are funds in your balance/deposit card/Yebao. adequate. Of course, you can also enter the reserve page, follow the prompts, and take the initiative to repay in advance or on time. Repayments before 24:00 on the repayment date are normal repayment times. The reserve fund needs to be repaid in full, and you can try to withdraw it again after repayment.

If your Zhima credit score is relatively low, using your reserve fund and repaying your loans on time will also help improve your Zhima score.

Interest on reserve funds

Reserve funds are different from borrowing, and interest will not be calculated on a daily basis after being collected. However, the reserve fund will be charged a daily handling fee, which is actually similar to charging interest. The charging standards for reserve fund handling fees are: a handling fee of 2.29 yuan for 7 days of use, and a daily follow-up fee for less than 7 days of use.

#Is there a credit check on Alipay reserve funds?

Many people are concerned about credit reporting issues. There is no official answer as to whether the reserve fund has been listed on the credit bureau, but according to feedback from netizens, the reserve fund may have been listed on the credit bureau. If you want to know whether your reserve fund is listed on the credit report, you can contact Alipay’s official customer service for consultation.

The above is a brief introduction to Alipay’s reserve funds. You can use reserve funds, Huabei, Jiebei and other products according to your own needs. No matter which one you use, you must remember to repay on time. There are quite a few products similar to Jiebei on the market now, such as Weilidai and Duxiaoman Youqianhua, both of which are big brands.

Youqianhua is a credit service brand under Duxiaoman Financial. You can apply for it on the Duxiaoman Financial APP. Individual consumers and small and micro business owners can apply for Duxiaoman Youqianhua. Currently, Youqianhua has launched different loan products.

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