When you use a credit card to buy a motorcycle, how much you need to pay with the card depends on what the merchant says. It should be the merchant who has the final say on how much the credit card allows you to pay and whether you want to pay the down payment. In my experience with credit cards, I paid the merchant in full with one swipe of the credit card. The merchant asked me to take away the items and then repay the credit card in installments to the bank. Of course, I had to pay a handling fee to the bank. I have never encountered such a business where you pay a small amount and then take away the items. As for the Home Credit installment loan you mentioned, I have never come across it. I searched online and found it to be very deceptive. I suggest you don’t use it. You might as well find someone to borrow it and give them interest.

Credit card installment payment means that you pay the seller the full amount at one time with your credit card, and then pay it back to the bank in installments. The bank charges a certain percentage of handling fees. Therefore, the credit limit must be higher than the product price before the card can be swiped.

As for the ICBC credit card installment handling fee, its handling fee is the lowest among all banks. It implements the 0.6% per installment uniformly stipulated by the central bank. Moreover, ICBC also discounts the handling fee according to the different levels of customers. Maybe the higher the star rating, the greater the discount on handling fees. The first installment of the handling fee must be paid in one lump sum. For example, if your handling fee is not discounted normally, the handling fee will be 5.4% in nine installments.

The first installment is 16000÷9+16000×5,4%=1777.78+864=2641.78, and 1777.78 is repaid in each subsequent installment. Usually the fraction of 1778.78 is collected in the first installment, and is repaid in each subsequent installment. integer. A total of 864 installment fees were incurred.