Bill installment business (hereinafter referred to as "bill installment") refers to the business that our bank provides installment repayment service for the consumption amount that the cardholder has booked according to the cardholder's application, including current bill installment business and previous bill installment business.
The current bill installment business refers to the application for installment of the current bill consumption amount, and the previous bill installment business refers to the application for installment of the previous bill consumption amount (except the current bill).
Extended data:
Bill installment is limited to the application of individual credit card holders. Some specific credit card products do not support the bill installment function.
Cardholders can apply for current bill installment from the next day of the current billing date to the end of business on the due repayment date of the current bill, or they can agree with our bank in advance that our bank will automatically handle the current bill installment on the billing date. If the repayment date of the current bill exceeds the due date, you can apply for installment of the previous bill from the day after the next bill date.
The minimum amount of a single installment transaction in RMB account is 500 yuan, and the minimum amount of a single installment transaction in foreign currency account is USD 50/EUR/AUD.
The installment transaction of the current bill shall not exceed the total amount of new consumption transactions in the current bill of the corresponding account, and the installment transaction of the previous bill shall not exceed the total amount of outstanding debts in the previous bill consumption transaction of the corresponding account, except for the installment amount and the transactions not handled in paragraph (3).
The successful amount of current bill installment is the lower of the total amount of new consumption arrears of current bill and the current consumption arrears balance of the corresponding currency account when the cardholder applies for current bill installment;
If, due to repayment or other reasons, the balance of consumption arrears in the currency account corresponding to the credit card when applying for bill installment is lower than the minimum amount of current bill installment, the current bill installment will not be processed, except for the bill installment automatically processed by the system according to the agreement.
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