1. Difference in credit line: The installment plan is independent of the credit line of the credit card and does not share the same credit line with the credit card.
second, the difference of use scope: the use scope of installment pass is limited, and it can only be used in designated cooperative merchants such as department stores, building materials and home furnishing, and cannot be transferred or cashed out; Credit cards support online and offline consumption and can handle cash withdrawal business.
Third, the staging forms are different: after the installment pass is opened, as long as the consumption reaches a certain amount, it can be automatically staged; If you want to apply for installment business, you need to apply to the bank yourself.
installment pass is a credit card installment payment product launched by CCB. When the fixed credit card limit cannot meet the needs of users, users can apply for installment pass. The installment service of CCB has the characteristics of convenient application, flexible withdrawal and easy repayment. At present, the handling mode adopted is telephone invitation, and only qualified users can grant credit. The maximum installment amount of CCB is 15,, and a special debit card can be issued, which can be used on the special credit card swiping machine of CCB merchants, and cash withdrawal and online consumption cannot be carried out. Its monthly handling fee is about .4%.
a Credit Card is a credit certificate issued by a commercial bank or a credit card company to a qualified consumer. The form of credit card is a card with the name of issuing bank, expiration date, number, cardholder's name and other contents printed on the front. Consumers with credit cards can go to special commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the specified amount.
China's credit card market is still one of the fastest growing product lines in China's personal financial services market. Although the economic benefits of the industry are full of challenges, the average annual growth rate of credit card issuance in China will remain at around 14% in the next 1 years, and the profitability will also tend to improve. Foresight predicts that by 22, the cumulative number of credit cards issued in China will exceed 8 million.