China Merchants Bank's exclusive consumption installment card is used as a loan, and the overdue amount is added after it is overdue. According to the public information of China Merchants Bank in official website, the overdue quota will be added to the exclusive consumption installment card of China Merchants Bank. The essence of consumption installment is loan, so China Merchants Bank's exclusive consumption installment card counts as loan. China Merchants Special Consumption Installment Credit Card is an automatic installment credit card provided by China Merchants Bank for consumers. This kind of credit card has a high credit limit, which can generally reach more than 50 thousand yuan. Every time the user uses this card, the user's consumption will be directly divided into 36 periods. Under a certain period of time, users can get a certain installment discount, and the annualized interest is only about 5%.