The new credit card of China Merchants Bank can handle bill installment. However, there is a prerequisite for the installment of the bill, that is, the bill to be phased cannot be in the following situations:

1. The bill belongs to the types of annual fee, interest, liquidated damages and other credit card charges;

2. The bill contains the amount of the bill that has not been paid off before;

3. The installment payment has been made;

4. bills generated from real estate transactions and cash advances.