credit card bill installment of China Merchants Bank is a financial function to repay your credit card transactions by installment, including installment of transactions that have not been billed and those that have been billed. From the trading day to the due repayment date, you can freely choose to stage transactions under RMB or USD accounts. For unbilled transactions: you can apply for installment from the transaction date to 19:3 on the billing date corresponding to the transaction; For the issued bill: you can apply for installment from the next day of the billing date to the due repayment date (for customers with automatic repayment in their accounts, the application deadline is 17: on the due repayment date).
The application conditions for credit card bill installment of China Merchants Bank are as follows: the applicant must hold the personal card of China Merchants Bank Credit Card, have a good record of using the card and have no delay in current repayment. Customers who only hold business cards, business cards, purchasing cards, ANA guarantee cards or supplementary cards are temporarily unable to apply for bill installment.
China Merchants Bank provides cardholders with a variety of options for the number of installments, including 2 installments, 3 installments, 6 installments, 1 installments, 12 installments, 18 installments, 24 installments and 36 installments, and the corresponding handling fee rates for each installment are 1.%, .9%, .75%, .7%, .66%, .68% and .68% respectively. At present, only 2, 3, 6, 1 and 12 installments are available for the application of installment for unbilled transactions. Among them, the second phase can only be applied through China Merchants Bank's mobile banking and pocket life channel, and the 36 phase can only be applied through China Merchants Bank's customer service and pocket life channel.