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What's the difference between free installment and cash installment of Minsheng Credit Card?
Free installment: If your single consumption exceeds 600 yuan (inclusive) and is within the current credit limit (inclusive), you can apply to convert any eligible transaction into a free installment transaction before the billing date.

The accumulated total amount of the application for free installment cannot be greater than the current fixed credit line, and the specific installment amount is subject to the final approval result of our bank.

Cash installment: Cash installment business is the exclusive service provided by Minsheng Credit Card for selected customers. You can transfer part of the credit line to your debit card account under the same voucher, freely use the funds for reasonable consumption, and repay in installments, only paying a certain formalities fee. You can apply through customer service phone, online banking, mobile banking, WeChat banking and National Life APP.

Cash installment can be applied at any time, and the principal will be paid on the first billing day after the application is successful.