Instalment is a kind of credit card business. When the cardholder cannot pay off the debt within the specified period, he can try to installment the bill to reduce his repayment pressure. Of course, applying for installment needs to meet certain requirements. So what are the conditions for credit card installment? Let me take Ping An Bank as an example.
What are the conditions for Ping An Bank credit card installment?
1. Applicant: The main cardholder. Supplementary cards cannot apply.
2. Application time: You can apply from the day after the bill is issued to the due payment date + 1 day.
3. Billing month: You can only apply for installment for the current bill, and you cannot apply for installment for historical bills.
4. Application limit: current bill amount - current minimum repayment amount, the minimum must be greater than or equal to 300 yuan, and the maximum must be 100,000 yuan.
5. Application currency: RMB, US dollar (the US dollar bill installment product system is randomly opened and can only be operated by yourself on the Pocket Bank APP. Please refer to the page display for availability).
Ping An Bank credit card bill installments include 3, 6, 9, 12, 18, and 24 installments. Cardholders can freely choose the number of installments. Different installments have different interest rates. different. In addition, whether the installment application is passed shall be subject to the system evaluation results.
For bills and unissued bill installments, the total amount and each period's interest will occupy the quota after being processed, and the quota will be restored to one period after each installment is repaid; after the special installment is processed, the total amount will not occupy the quota, but the principal of each period will be occupied. After the deposit and interest are recorded, the credit limit will be occupied and can be restored after repayment;
The above is the entire content of "What are the conditions for installment of Ping An Bank credit card", I hope it will be helpful to you.