What are the requirements for applying for credit card bills in installments?
Conditions for Bank of Beijing to apply for credit card bill installment:
1. Cardholders can handle the bill installment business before the time limit from the next day of the current billing date to the last repayment date.
2. Transactions that can't be paid by installments include: cash advance transactions, installment transactions, various interests and expenses (such as annual fees, overdraft interest, liquidated damages and other credit card fees), and the minimum repayment amount in the current period; Dollar account transactions; The current account status is overdue.
3. When applying for bill installment, the card status must be normal, and the lost card cannot apply for bill installment.
4. Maximum amount of application for bill installment: the minimum value between the bill amount-the minimum repayment amount and the unpaid consumption amount at the time of application is the maximum amount of application for bill installment.
5. The minimum amount for applying for bill installment is RMB 300 yuan (inclusive).
6. Once the cardholder's bill installment application is approved, if the number of installments and the amount change, he can cancel the business on the day of application (before the end of Party A's credit card system on the same day) and then apply again; Cancellation cannot be processed after the application date is above the time point.
7. In the same period when you can apply for bill installment, the cardholder can only apply for bill installment business once, and the second application must be after the next bill date.
8. If the cardholder cancels the successful bill installment on the non-bill installment application date, the cardholder can only make prepayment, and the installment interest corresponding to the actual amortization period will not be refunded, and after the prepayment application is passed, the cardholder must pay off the outstanding installment principal and prepayment penalty (if the installment interest is charged, the prepayment penalty is 3% of the outstanding principal of the remaining installment, and the maximum is not more than all the remaining installment interest of the installment transaction; If the installment interest is charged in one lump sum in the first installment, the installment interest corresponding to the undistributed installments shall be refunded according to (total installment interest/total installments * undistributed installments), and all repayments such as prepayment penalty, overdraft interest and other liquidated damages of 3% of the unpaid principal of the remaining installments shall be charged.
That's all. I hope it helps you.