Yes, when the cardholder uses the credit card to make a large amount of consumption, the issuing bank will pay the consumption funds of the goods (or services) purchased by the cardholder to the merchant in one lump sum, and deduct the consumption funds through the cardholder's credit card account in stages according to the cardholder's application, and the cardholder will repay the business according to the monthly recorded amount.

In the past, credit card installment mainly included bill installment and single consumption installment, and banks usually charged corresponding handling fees according to the number of installments. Whether it is bill installment or single consumption installment, the premise is to generate consumption behavior first, and then the bank will set installment repayment for the generated credit loan.

Interest on deferred data withdrawal is also calculated on a daily basis and there is no interest-free period. Interest is calculated from the day of cash withdrawal, and the interest is also calculated on a daily basis. The penalty interest for missing the repayment date is equally high. However, it is recommended to deposit a small amount of assets in the credit card in case of emergency, because the funds in the credit card have no current interest.

Many bank credit cards, even if there is cash in the card, still have to charge a handling fee. So you'd better take a bank savings card with you and leave some cash in it. There are few places where large amounts of cash are spent, and credit cards can usually be used for spending, and credit cards have interest-free periods.

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