1. repayment time. If the credit card repays in stages, it usually starts from the next month of the billing date, which means that there is no need to repay when the repayment date of the current month expires, and it can only be repaid before the repayment date of the next month expires. The repayment amount has been phased, and the bank will also send a text message to remind you.

2. repayment method. At present, there are many repayment methods, both traditional counters and ATM machines can repay, as well as the amount that should be repaid in the current month. Repayment can also be transferred through online banking or mobile banking, or paid by third parties such as Alipay and WeChat.

1. 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 deducts the consumption funds and handling fees by stages through the cardholder's credit card account, and the cardholder repays according to the monthly recorded amount. In the early days of credit card installment business, banks often advertised under the banner of "interest-free", and many citizens were really fooled. In fact, interest-free is not free, just a different name.

2. Generally speaking, the handling fee for credit card installment 1 year is lower than the annual cash withdrawal interest 18%, and higher than the commercial loan interest of the bank 1 year by 5.3 1%. It is worth mentioning that in recent years, the loan interest rate of commercial banks has been lowered many times, but the standard of credit card installment fee and cash withdrawal interest has rarely changed. Although different banks have different standards for credit card installment fees, the calculation method is roughly the same.

3. From the form of installment payment, there is a limit on the initial amount of a single transaction for cardholders to handle this business, and the level of installment repayment and the standard of handling fee are also different; It can be roughly divided into three categories:

(1) The first category is the cooperation between banks and special merchants, but the products are limited;

(2) The second category is the product catalogue provided by the bank, which is purchased by the cardholder, and then the bank entrusts the supplier to deliver the goods to the customer;

(3) The third category is not limited to merchants and commodities. Cardholders can apply for installment repayment from banks after shopping, and some banks even set the acceptance scope to the whole world.