1. Cardholders can apply for billing installments, including 2 installments, 3 installments, 6 installments, 12 installment, 18 installment, 24 installment, 30 installment, 36 installment, 48 installment, 60 installment, etc. , each billing month 1 period. The specific number of periods that the cardholder can apply for is subject to the approval of the bank and the final confirmation with the cardholder.
2. The principal payable in each installment of the bill = the total principal in each installment ÷ the number of installments. The principal payable in each installment (accurate to the minute) is credited to the cardholder's credit card account every month. If the principal cannot be divided, the rest will be recorded in the last installment; If the amortization amount of any period is overdue, it will generate circulating credit interest or liquidated damages.
3. The billing installment fee is divided into monthly bills and one-time bills. The billing installment fee depends on the credit status of the cardholder and the comprehensive service cost provided by the bank for the cardholder. If the fee is charged by monthly billing, the fee charged by monthly billing = total installment principal × rate ÷ number of installments. If it is a one-time collection, the one-time collection fee = total installment principal × rate. When handling the bill installment business, the cardholder shall agree with the cardholder on the specific handling fee rate by means including but not limited to writing, telephone recording, SMS, online banking confirmation, mobile terminal confirmation such as mobile banking or self-service terminal confirmation, and the bill installment fee will not be refunded once it is collected. 4. After the cardholder successfully handles the bill installment, if the cardholder fails to fully repay the remaining bill amount after deducting the bill installment amount in the current period, it will be regarded as not fully repaid. Even if the customer applies for bill installment, it will still generate circulating credit interest or liquidated damages.
5. If the cardholder who has successfully handled the bill installment business still has extra money after repaying the current accounts payable of the credit card on schedule, the money will not pay off the payable amount of the next bill installment in advance.