The method of applying for credit card installment payment of CITIC Bank is as follows:
1, WeChat application
Pay attention to the credit card WeChat service number of CITIC Bank, and click "Card Handling/Installment"-"Bill Installment" to handle it.
2. Telephone application
Call the credit card customer service of CITIC Bank, press 1 Putonghua and # to enter the main menu, select 0 to enter the card number or ID number to enter the manual service, and inform the application amount and time limit. After the system is audited, the customer service specialist will inform the application result.
3. Online banking applications
Log in to online banking, enter the credit card page, select "My Account", and click "Current Bill Inquiry"-"Select Card". Click to handle bill installment, select the number of installments, and confirm submission.
Second, it can be divided into several periods:
1960 yuan can repay the loan in 24 installments at the longest and 3 installments at the least. Other stages include 6, 9, 12 and 18. Monthly repayment is 95.4 yuan for 24 installments and 667.43 yuan for 3 installments. How many installments need to be repaid, refer to your repayment ability. The fewer stages, the lower the handling fee.
The calculation method of handling fee is: transaction amount × monthly rate × number of periods; According to different stages, the handling fee rate is also different. The handling fee rate of CITIC Bank is as follows: 3 stages: 0.72%; 6 periods: 0.66%; 9 issues: 0.66%; 12: 0.65%; 18: 0.70%; 24 issues: 0.70%. The monthly repayment amount varies according to the number of installments.
Third, can I repay in other banks?
You can repay the money in another bank. You can carry any debit card with UnionPay logo. Through the self-service intelligent terminals with Lacarra logo or Fu You logo and UnionPay logo and UnionPay business payment with UnionPay logo distributed in major banks such as CITIC, Minsheng, Ping An, Shanghai Pudong Development Bank, Huaxia, Shenzhen Development Bank and tens of thousands of special merchants or convenience stores across the country, it is easy to transfer money to CITIC Credit Card for repayment.
Extended data
service charge
In the early days of credit card installment business, banks often advertised under the banner of "interest-free", and many citizens were really fooled. In fact, interest-free is not free, just a different name.
Generally speaking, the handling fee of credit card installment 1 year is lower than the annual cash withdrawal interest 18%, and higher than the bank commercial loan interest 1 year 5.3 1%. It is worth mentioning that the loan interest rate of commercial banks has been lowered many times since last year, but the standards of credit card installment fees and cash withdrawal interest have rarely changed. Although different banks have different standards for credit card installment fees, the calculation method is roughly the same.
Suppose the installment amount is 1.200 yuan, divided into 12 installments, and each installment (month) repays 1.000 yuan, and the handling fee is 0.6%/ month, and the actual monthly deduction is100+1.200× 0. If other factors are not considered, the convertible nominal annual interest rate is 7.2%. But the cardholder did not always owe the bank 1.200 yuan. In the last month, he actually only owed the bank 1 1,000 yuan, but the bank still charged the handling fee according to 1, 200 yuan.
According to the calculation, the actual annual interest rate that the cardholder has to pay is about 15.48%. According to the correct calculation formula, it should be1200 * 6% * (1+6%)12/(1+b)12-1) =/kloc.
superiority
The main benefits of credit card installment payment:
1, enjoy first, then pay.
2, no guarantor, simple procedures.
3. Fixed time and easy payment.
4. Payment is optional, and monthly repayment amount is optional.
5. More space to choose payment methods.
References:
Baidu encyclopedia-credit card installment payment