Recently, WeChat Pay flooded the screen again, but, this time, it was about additional charges instead of new preferential polices. WeChat lately announced that, since December 1, 2017, it would begin to charge every user at the rate of 0.1% (RMB0.1 at least) for the accumulative excessive amount above RMB5,000 every natural month for repaying credit card and the part below RMB5,000 remains free of charge.
The same ID Card registered by several WeChat accounts will still share the free credit line of RMB5,000 every month. The service charges will be paid simultaneously when users handle the repayment. And to repay credit card of others will cost a user’s own free credit line, instead of that of the credit card owner.
The new rule will be put into practice since next month, but a special offer will launch during December 1, 2017 to December 31, 2017: it will be free of charge if the accumulative repayment amount per user every month is under RMB20,000. Specifically, if it is under RMB5,000, it will be free of service charge of any form. The same ID Card under several accounts will share the free credit line of RMB5,000 every month. The service charges will be correct to the second decimal place, RMB0.10 at least. And users that adopt the repayment reservation or have been using the WeChat repayment platform for three consecutive months and longer will enjoy the charges reduction or exemption sporadically.