a down payment is required. Personalized installment of China Merchants Credit Card is a credit card installment payment method, which can flexibly set the installment number and installment interest rate according to the cardholder's demand and credit status. When personalized installment is carried out, a certain down payment is required to ensure the cardholder's repayment ability and credit status. The application process for personalized installment of China Merchants Credit Card is relatively simple. Cardholders only need to log in to China Merchants Bank official website or Mobile Banking APP, select personalized installment service, fill in relevant information and submit the application.