1. Jingdong Baitiao has a 30-day interest-free period. Every purchase will be repaid after 30 days. If you consume a lot, you may not always remember the repayment date. It is strongly recommended to activate automatic repayment ( Need to be activated manually).

2. An advantage of Tiao is that it supports the use of credit cards to repay I Tiao, which is equivalent to a superposition of credit. To put it simply, you pay for something with a note, and then repay it with a credit card when it is due. The interest-free period can be up to more than 80 days. However, starting from June 1, Baitiao only supports credit card repayments from Everbright and CITIC. Students who have Everbright or CITIC credit cards can still enjoy it. Other banks, such as China Merchants Bank, Bank of Communications, and Ping An Bank, have successively suspended the repayment of credit card IOUs.

3. Bai Tiao can apply for installment repayment before the repayment date. In issues 3, 6, 12, and 24, the monthly rates are between 0.5% and 1.2% (my current rate is 0.5%, which is lower than Huabei. Sometimes there is money to be mined, such as JD.com Baitiao provided me with After paying, he sent me a text message and sent me 3 interest-free coupons).

4. If there are large purchases that require installments, it is recommended to pay with IOUs first, and then apply for installments when the repayment is close. (Why not do it in installments from the beginning, because IOU payment can be interest-free for a period of time, silly kid).

5. Overdue interest will be charged at a daily interest rate of 0.05%.

Extended information:

"Jingdong Baitiao" is a new payment method of "consume first, pay later" launched by Jingdong. You can enjoy the benefits of using Baitiao to pay on the Jingdong website. With a deferred payment period of up to 30 days or an installment payment method of up to 24 periods, it is the first Internet consumer financial product in the industry.

Since then, "Baitiao" has also opened up O2O (Jingdong Daojia), global shopping, and product crowdfunding within the JD system. Later, it gradually covered areas such as rentals, tourism, decoration, education, and weddings. The credit purchase service extends to the provision of credit consumption loans, covering more consumption scenarios and providing credit consumption services to more consumers.

As a leading brand in the consumer finance industry, Baitiao was launched on JD.com in February 2014, providing users with "consume first, pay later" and "30-day interest-free, installments as you like" services when shopping. Become a model of industry innovation.

In 2015, Baitiao began to go beyond JD.com, integrating into more scenarios with an open and cooperative attitude, and providing users with credit consumer loans. At present, it includes the Baitiao co-branded credit card jointly created with banks; it cooperates with third-party merchants to provide "Baidiao" installment travel, rental, decoration, car purchase, education and other services, and has consumer financial support specially provided for campus and rural people. [5-7]?

Baitiao series products based on user needs will continue to innovate as always. Through credit value-added services, they will be embedded in diverse consumption scenarios to make users’ consumption experience more convenient and smooth. Let the future come now.

Baidu Encyclopedia: Jingdong Baitiao