1. Bill installment: the cardholder can repay the consumption amount in the bill by installment after issuing the bill. The number of stages can be 3, 6, 9, 12, 18 or 24. The handling fee rate of each installment varies with the number and amount of installments. For details, please consult the bank customer service when handling the installment.
2. Consumption installment: When making large consumption, the cardholder can choose to divide the consumption amount into several installments for repayment. Consumption staging is suitable for single consumption with high amount, such as buying household appliances and digital products. The number of installments and the handling fee rate are similar to those of bill installments.
3. cash installment: the cardholder can transfer the funds within the credit card limit to the debit card in his own name, and then repay it in installments. Cash installment can help cardholders solve short-term capital needs, but it needs to be noted that the handling fee is high, so we should weigh the advantages and disadvantages when using it.
No matter what kind of installment, you should pay attention to repayment on time, so as not to affect your personal credit record. At the same time, installment repayment may generate certain interest or handling fees, so you should carefully understand the related expenses before using them to ensure that they are within your tolerance. If in doubt, you can contact Bank of Communications credit card customer service for consultation.