About credit card installment:
1. How to use credit card installment?
credit card installment refers to the process that when a cardholder uses a credit card to make a large amount of consumption, the bank pays the consumer funds of the goods (or services) purchased by the cardholder to the merchant in one lump sum, and then the cardholder repays the money to the bank in installments and pays the handling fee. According to the cardholder's application, the bank will deduct the consumption funds and handling fees by stages through the cardholder's credit card account, and the cardholder will repay them according to the monthly recorded amount.
second, how to cancel credit card installment repayment?
Credit cards are divided into different banks. If you want to cancel the installment payment of credit cards, you have to cancel them by different banks.
here are some examples of how to cancel the installment payment of credit cards by postal service, Jiaotong, Agricultural Bank of China and China Merchants Bank. If other banks want to cancel the installment payment, you can refer to it or call customer service for detailed consultation.
1. Cancellation method of credit card installment payment of Agricultural Bank:
If you want to cancel credit card installment payment of Agricultural Bank, you can directly call the customer service phone of the issuing bank to apply for canceling credit card installment payment and repay all the remaining consumption amount. However, it should be noted that if you pay all the installment fees in the first installment of your credit card, even if the installment is cancelled now, the fees will not be refunded. Agricultural Bank of China Credit Card Service Hotline: 4-669-5599.
2. How to cancel the installment payment of China Merchants Bank's credit card:
If you want to cancel the installment payment of China Merchants Bank's credit card automatically, you can call the customer service hotline of China Merchants Bank at 4-82-5555 and follow the voice prompts to cancel it, but the cancelled installment payment must be paid off in full before the next repayment date, and the handling fee of the previous installment is not refundable.
3. How to cancel the installment payment of Jiaotong Bank's credit card: But you can only apply for early settlement. If you want to apply for early settlement of installment payment, you need to pay the remaining installment principal and handling fee in one lump sum. You can call the service hotline at 4-8-9888, input personal information according to the voice prompt, and then transfer it to manual assistance.
4. Ways to cancel credit card installment payment in Postal Bank:
(1) Transaction installment: Before the current billing date (inclusive), the cardholder can call the credit card customer service to cancel the installment payment. If the cancellation is successful, he will apply for cancellation of the installment cancellation fee 2 yuan at the end of the day, and the installment payment will not be carried out on the billing date, and the corresponding original application for consumer transactions will be resumed, and will be included in the minimum repayment amount at the current billing rate of 1%.
(2) bill installment: before the application for bill installment is recorded on the same day, the cardholder can call the credit card customer service to cancel the installment payment. If the cancellation is successful, the installment cancellation fee will be charged to 2 yuan at the end of the day of application for cancellation, and the installment payment will not be made on the billing day.