The number of stages depends on the amount, which is difficult to determine.

Customers are advised not to always apply for long-term installment, so as not to make the bank think that the repayment ability is insufficient, which is not conducive to increasing the card amount.

Usually, it is enough to choose 3 to 6 periods. If the cycle is long, 12 is enough, and it is not necessary to divide the cycle for too long.

The number of credit card installments mainly depends on the regulations of the issuing bank and the types of installment business handled by customers. However, most bank credit cards mainly have three periods, six periods, nine periods, 12 periods, 18 periods and 24 periods. Some bank credit cards can be divided into two special periods: 10 and 36 periods (please call the customer service of the issuing bank for details, subject to the installment page).

It is enough for customers to choose the appropriate number of installments according to their own needs and repayment ability when staging credit cards. However, it should be noted that the installment fee rate may be different depending on the number of installments selected. Of course, the longer the number of credit card installments, the more installment fees you have to pay.

Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.

The credit card stipulated in the relevant laws of our country (Interpretation of the Provisions of NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. 20 17 12 1, the English translation and writing standards for public services were formally implemented, and the English names of credit cards were specified.

Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when spending, and repays on the bill date.

Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.

From the date of 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.7 times of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate).

How to save money by cash installment of credit card?

Cash is urgently needed for emergency, but it is not cost-effective to take the existing credit card. In this case, you can choose to handle the cash installment business to obtain working capital, and divide the funds into N installments to relieve the pressure. Although cash installment is more cost-effective than cash withdrawal, you must master some installment skills before handling.

Cash installment, sometimes called cash withdrawal installment, is generally a installment method in which the credit card holder applies, or the issuing bank actively invites the cardholder to apply, to convert the credit limit in the cardholder's credit card into cash, transfer it to the designated debit card (the Bank or other banks), and divide it into designated installments for repayment on a monthly basis.

How to save money by cash installment?

1, compare and choose banks with low rates.

To put it simply, you have three credit cards in your hand, and now you want to make a cash installment. In this case, you should consult these three banks, what is the rate of cash installment, and comprehensively compare and choose the bank with the lowest rate.

2. Pay attention to the bank's preferential interest rate.

Some banks usually have preferential interest rates. On the whole, the repayment amount per installment will be less.

3. Choice of cycle

Many people think that the fewer periods, the lower the rate. The more cycles, the higher the ratio. However, this theory is not fully established. After 12, the rates of some banks are the same. At this time, you can choose a longer term to reduce the repayment pressure.

If the cardholder is in urgent need of cash, in addition to cash installment, he can also withdraw cash by credit card. It should be emphasized that it is more cost-effective to withdraw cash by credit card in the short term.

Credit card installment knowledge: how to installment more cost-effective?

Now many friends have a misunderstanding about the use of credit cards. They think credit card installment business is very good, so they often use credit card installment. But is this really good? Do you know all about credit card installment knowledge? Do you know how to do it in stages?

1, the most convenient installment-bill installment

This is the most convenient staging method, which can be basically supported by all card issuers, and the application is simple. Users only need to apply to the issuing bank for installment by phone before the repayment date (ICBC) or after the bill date. However, it should be noted that the regulations of different banks are somewhat different, so when you apply for a card, you must know the specific details of the installment in detail.

The biggest trap of bill installment is that the bank calls for interest-free and does not mention the handling fee at all. The longer the installment time, the higher the handling fee.

2. Free installment-mail order installment

Refers to the cardholder from the bank's online staging mall, from a limited selection of goods. Then the bank orders in installments through online installment mall, telephone or fax installment application form, etc. (20 15 credit card installment of citic bank and new business installment of mail order mall)

Generally, there is no handling fee for mail order installment regardless of the number of installments. However, due to the long ordering cycle (in many cases, it takes more than 15 working days to get the goods), and the return is relatively complicated. It is recommended to compare before buying.

3. Shopping credit card installment-shopping mall installment

Also known as POS installment, it means that the cardholder buys goods in the special shopping mall of the bank and applies to the credit card center for installment payment through the designated POS machine, which can be staged. At the time of checkout, if the credit card supported by the mall indicates that installment payment is required, the cashier will follow the number of installments required by the cardholder (such as 3 installments, 6 installments, 12 installments, etc.). , and a few malls support 24 issues). The rate of staging in shopping malls varies from bank to bank.

In addition, with the subdivision of credit cards becoming more and more detailed, there are stages such as automobile stage, auto insurance stage, cash stage, free stage and revolving credit granting. In fact, credit card installment business is very common now, but not all consumption installments are cost-effective, and different installments require different handling fees. Moreover, the credit card installment business will have an impact on your credit card limit and credit card grade.

What is the most cost-effective credit card installment? Credit cards can be divided up for so long at most!

As a payment tool with its own restrictions, credit card can be consumed in advance. When a credit card is used for consumption or repayment, it can also be paid in installments or repayment. So some people will ask: how many times is the most cost-effective credit card installment? Also, how many installments can a credit card be divided into at most? I will answer your question today.

What is the most cost-effective credit card installment?

The credit card installment fees of different banks are different, generally ranging from 1%. However, the longer the number of credit cards, the more expenses are needed, so from this perspective, the shorter the number of credit cards, the more cost-effective.

For example, I have a credit card, and the handling fee for the third installment is 12. Therefore, I divided 10000 yuan into three phases, and only 180 yuan was needed for the third phase, while 12 required 900 yuan's handling fee. It can be seen that it will be more cost-effective to have fewer stages.

Of course, the specific number of periods still depends on your actual needs. Although the long installment will require more handling fees, the pressure of repayment in the short term is less than that in the short installment. So everyone can go on stage according to their own needs.

How many installments can a credit card be divided into at most?

Credit cards of different banks can be divided into different periods, and the types of periods are different, so they can be divided into different periods.

The shortest credit card can be divided into 1 period, and the longest can be divided into 36 periods, which means the longest can be divided into 3 years.

However, most banks' credit cards can be divided into 3 to 24 periods.

The above is "How many credit card installments are the most cost-effective?" How many installments can a credit card be divided into at most? "The answer. The longest credit card can be divided into 36 periods. According to the handling fee, it is obvious that the shorter the number of installments, the more cost-effective. However, the repayment pressure of the long-term number is at least lighter than that of the short-term number, so everyone can stage it according to their actual needs.

Which method is cost-effective for credit card installment?

Consumption installment is similar to bill installment, and the rate is similar. The expected annualized interest rate is generally around 16%, which is much higher than the bank's declared interest rate of 7% (0.66% per month).

Which is more cost-effective, credit card cash installment or bill installment?

We know that credit card installment can contribute to the bank's handling fee and help the credit card. The common credit card installment methods are bill installment and cash installment. Different installment methods involve different expenses, so it is definitely better for cardholders to choose a more cost-effective installment. So which is better, cash installment or bill installment? Let's briefly introduce it today.

1. What's the difference between credit card cash installment and bill installment?

Bill installment refers to the installment of eligible new consumption transactions in the current period after the credit card bill comes out, focusing on transaction installment, including transactions generated by credit card consumption or code scanning payment, excluding various interest rates of credit cards, as well as cash withdrawal and cash advance by credit cards. Installment payment is interest-free, but it will involve handling fees.

Cash installment is one of the cash advance services of credit cards. It aims to get cash by credit card, transfer the money in the credit card limit to my debit card and repay it in installments. You can still enjoy the interest-free period without paying interest, but you need to pay the installment fee.

Second, which is more cost-effective?

Need to compare the handling fee of two installments. Under the same number of installments, the handling fee for credit card bill installment is cheaper than that for cash installment.

Take CCB credit card as an example, there are five installment numbers to choose from, which are 3/6/ 12/ 18/24, in which the handling fee corresponding to bill installment is,, and the handling fee rate corresponding to cash installment is,,, assuming that the credit card is divided into 24 installments, and the handling fee for each installment is 62 yuan.

Finally, I would like to remind you that bill installment and cash installment can't be judged by the handling fee alone. After all, the two types of installment are different, and the services provided are also different, but as long as the cardholder has demand, they are all good.

So much for the most cost-effective introduction of credit card installment.