Credit card installment payment refers to the process that the bank pays the consumer funds of the goods (or services) purchased by the cardholder to the merchant in one lump sum when the cardholder uses the credit card to make a large amount of consumption, and then the cardholder repays the money to the bank in installments. According to the cardholder's application, the bank deducts the consumption funds by stages through the cardholder's credit card account, and the cardholder repays according to the monthly amount.
Although you have to pay a certain handling fee, you can still enjoy "interest-free", which relieves the repayment pressure of cardholders to a certain extent, so installment repayment has won the favor of cardholders. However, bankers warned that "interest-free" does not mean "free lunch". Credit card installment interest-free repayment is actually a kind of "disguised" consumer loan, and the handling fee is equivalent to the interest rate of consumer loan.
In fact, some banks charge higher fees than the normal consumer loan interest rate of banks. However, compared with consumer loans, credit card installment interest-free repayment is more flexible and convenient than normal consumer loans, both in application procedures and repayment methods.
So, to sum up, I want to postpone it for one month. If the quantity is not very large, the minimum quantity can be used. If it is too late to repay the loan before next month's bill date, it can be staged, which will take a long period and reduce the pressure. As for the specific minimum repayment amount of credit card, it depends entirely on the personal credit card amount and the interest and handling fee required by the credit card issuing bank. You can decide whether to repay by installments or the minimum repayment amount according to the actual situation.