There is no limit to the number of times a credit card can apply for installment, and the cardholder can apply for multiple installments.

As long as you have enough credit card, you can apply for multiple installments, but you should also pay attention to the fact that credit card installments will charge a certain fee, so you should consider it carefully, and these fees cannot be exempted because of early repayment, which means that after you apply for installment with a credit card, these fees must be paid off at the same time when you repay.

the handling fee for one-year credit card installment repayment is lower than the annual cash withdrawal interest of 18%, and higher than the bank's one-year commercial loan interest of 5.31%.

The loan interest rate of commercial banks has been lowered many times since last year, but the standard of credit card installment fee and cash withdrawal interest has rarely changed. Although the standards of credit card installment fees in different banks are different, the calculation methods are roughly the same.

Extended information:

Precautions for credit card installment:

1. The installment amount will occupy the credit line

For example, if you have a bill of 2, yuan and you want to installment it for 12 months, assuming it is 2 yuan per month, your credit line will be reduced by 1,8 yuan in the first month because it is occupied. After each repayment, a part of the credit line will be restored.

2. Also, some consumption can't be phased in

For example, the part that used the temporary limit, such as the part that should be repaid in the previous installment. Or the bill installment that has been applied for can no longer be divided into installments, and this part of the money should be paid first in the bill repayment of the month.

3. Choose an appropriate number of installments

Since most credit card applications are successful, it is impossible to cancel or change the number of installments. Therefore, everyone should make a good choice before applying for staging. The standard of handling fee rate of each bank is also different. According to the specific standards of the bank, choosing the appropriate number of periods can reduce the handling fee.

4. There are still handling fees for prepayment

There are two main types of handling fees charged by banks. One is to collect the handling fees in one lump sum in the first month, and then not to collect them. The other is monthly charge, that is, a certain handling fee is charged every month until the end of the installment. However, no matter what method is used, if consumers choose to repay in advance, they still have to pay the handling fee for installment at that time in full. Even if the card is repaid in advance to stop the installment, then the handling fee will not be less than a penny, and prepayment is meaningless.

5. Avoid penalty interest

If the consumer fails to return the installment amount to the bank in time within the time limit, he will also pay a high "overdue fine for principal allocation". If you have to pay back 1, yuan a month, but you forget it for some reason, you will pay a penalty of five ten thousandths of a day, so you will pay more to 15 yuan in one month, which is higher than the repayment interest. This will not only not enjoy interest-free, but also cause bad credit records, which will not be worth the candle.

Baidu encyclopedia-credit card bill installment