Conditions for ICBC installment payment to buy a mobile phone:

Before choosing ICBC installment payment to buy a mobile phone, you must have an ICBC credit card, and the credit card limit must be greater than the price of the mobile phone. After a single consumption exceeds 600 yuan, you can apply for installment payment business.

ICBC ICBC installment purchase mobile phone application:

(1) Installment purchase of mobile phone in online mall

If cardholders buy a mobile phone in installments in online mall, they must Find a merchant that supports ICBC installment payment, then select the number of installments as required and submit the order.

(2) Buy a mobile phone by installment in a physical store

If you buy a mobile phone by installment in a physical store, you should first ask whether installment payment is supported. If installment payment is supported, how should I apply for installment? Should I go to the counter or call ICBC for installment payment? After asking about the situation, you can use ICBC installment payment to buy a mobile phone.

The operation process of buying a mobile phone by installment payment from ICBC:

(1) When swiping your card for consumption at a merchant designated by ICBC, you can apply for installment payment directly to the cashier

(2) Between the day after your consumption transaction is recorded and three working days before the due date of repayment of the consumption, you can easily apply by dialing 95588 and calling the manual. You can also apply through the "Credit Card-Yida/Instalment Payment" column of mobile banking or Apply for installment payment business through online banking and ICBC branches.

Instalment payment handling fee: You can apply for installment payment when your RMB consumption reaches 600 yuan. The handling fee is 1.65% for 3rd period, 3.6% for 6th period, 5.4% for 9th period, 7.2% for 12th period, and 11.7% for 18th period. %, 15.6% in the 24th period.

Tip: The installment payment handling fee is charged in one lump sum according to different standards when handling business. At the same time, please note that there is no minimum repayment for a cash advance, it must be repaid in full, and of course, you cannot apply for installment payment.