Hello, if you have just applied for a credit card of China Merchants Bank, you should apply for installment shopping. Shopping by installment (business card does not have this function): 1. The total amount of installment shopping is included in the credit card limit for management. At present, it is suggested to contact the credit card "manual service" directly for confirmation. Whether the installment can be successfully handled in the end depends on the actual transaction results. 2. Deposit can increase installment amount, but it needs to be called manually to activate this function. 3. After the installment is successful, the total installment amount will occupy the available credit card amount, which can be returned according to the installment amount before the due repayment date. The amount occupied by installment transactions will be restored with each repayment.

You don't need to apply separately for installment shopping. When shopping, you can choose to pay by installment. China Merchants Bank's credit card can be used for shopping through Amazon, Suning.cn, Apple Online Store, Taobao (Tmall) and other cooperative websites. Credit cards can be paid in installments. (There is no installment business for business cards) According to the total price of purchased goods or services, the cardholder can choose to repay by credit card in three installments (month), six installments (month), 12 installments (month) and other installment methods.

Our bank provides interest-free installment payment service and offers preferential interest-free monthly payment to customers. During the repayment period, customers use our credit card account to pay monthly, and they can enjoy the interest-free period as long as they repay in full according to the bill amount before the monthly due repayment date. However, there will be installment fees, and the specific charging standards can be used in shops. You can log on to our credit card website /StepShop/ and click "Shop by installment" to make an inquiry. Even if the installment is settled in advance, the handling fee will not be refunded. If you buy installment goods in the credit card mall through our credit card website, you don't have to pay the handling fee. When your credit card can be used normally, the installment amount is your actual available amount. For example, your current actual available amount is RMB 3,000, and the amount of installment transactions you can handle does not exceed RMB 3,000. If it is impossible to apply for installment due to insufficient quota, the following methods are suggested: (1) Apply for increasing the fixed quota; (2) If the amount is insufficient, the installment transaction is completed by depositing the corresponding amount of money (that is, overpaying the installment); This requires manual application. (3) Pay part of the money to the merchants in cash or other ways to reduce the installment amount; (4) Call to apply for bill installment after one-time payment, but the bill installment requires corresponding handling fees. Whether the application is approved or not is subject to the comprehensive evaluation results of our bank.

Credit card installment payment cannot be modified after success. If you need to settle the installment payment in advance, please call our customer service hotline and manually transfer it for you. After the application is approved, the unpaid principal and handling fee will be settled in one lump sum, and the bill amount will be paid off in one lump sum if it appears in the next month's bill. (The business card has no installment business)