Installment credit card refers to a credit card that provides installment payment service. It can help cardholders to pay in installments when shopping, and reduce the short-term financial pressure. Cardholders can choose the installment method and number according to their own needs, and they can also enjoy corresponding discounts.

Some banks will develop corresponding installment credit cards for specific consumption scenarios. For example, a car installment credit card is a credit card that can help consumers buy cars in installments. This kind of credit card is usually equipped with a specific points or rebate scheme, so that consumers can get a relatively affordable price when buying a car and get an extra discount during the repayment process.

Holding installment credit cards will have an impact on consumers' credit rating. If the cardholder manages his credit card bill and repays it on time, his credit rating will be improved. This will also help him get more credit lines, lower interest rates and better credit records in the future.