No.

SMART is a special credit card created by China Merchants Bank for young people. The annual fee for China Merchants Bank’s SMART credit card is about 200 yuan. The first annual fee is waived, and then the next annual fee is waived as long as you swipe the card 5 times. , the longest interest-free period is 60 days, the credit limit is generally 50,000, and unlimited withdrawals can be made for free with a credit limit of 30,000.

And the biggest advantage of China Merchants Bank Smart Credit Card is that there is no handling fee for cash withdrawals whether it is local or remote, or from other banks, which is much more convenient than other types of credit cards. .

If you are talking about a platinum installment card, if the amount reaches a certain amount, it will be automatically installmentd.