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Is installment payment required for China Express Gold Credit Card? There are two situations here
After many cardholders applied for China Express Gold business, the bank issued an Express Gold Card for overdraft consumption and cash withdrawal. For the convenience of cardholders, the Hua Xia Yi Da Gold Credit Card has enabled the automatic installment function. However, many cardholders do not really want to pay in installments and want to know whether the Hua Xia Yi Da Gold Credit Card must pay in installments or whether it is okay not to pay in installments. Let’s find out together below. The Hua Xia Yi Da Gold Card does not have to be installmentd, because there is a threshold for the installment of this card. If the consumption and cash withdrawal do not reach the threshold, then there will be no installment. This threshold differs according to the usage method. There are two specific situations:

1. Cash withdrawal with Hua Xia Yi Da Gold Card: The installment threshold is a single amount of 500 yuan, but this needs to be handled by yourself. Generally speaking, We will not proactively issue installments for you. Hua Xia Yi Da Gold Card does not enjoy the interest-free period after withdrawing cash. Interest is calculated on a daily basis and compound interest is calculated on a monthly basis. If you really are unable to repay the loan, you can convert a single cash withdrawal transaction of more than 500 yuan into an installment payment before the bill comes out. After the installment payment transaction is entered into your account, interest will not be charged on a daily basis, but you will need to pay it every month. Installment fee.

2. Hua Xia Yi Da Gold Card Consumption: As mentioned earlier, Hua Xia Yi Da Gold Card has activated the consumption and automatic installment functions. If the cumulative consumption amount of the current bill is ≥ 1,000 yuan, then it will be automatically installment. If you don't want to pay in installments, you need to control your consumption amount. As long as the current bill amount is less than 1,000 yuan, it will not be paid in installments. To sum up, Hua Xia Yi Da Gold Card does not necessarily have installments. This mainly depends on the cardholder’s usage and consumption amount. If you don’t want to pay in installments, then you need to try to control your consumption amount.