After credit card installment, it can be repaid automatically and at the counter through mobile banking, third-party payment platform, ATM machine and bound bank card.

1. Mobile banking. Now all major banks have their own mobile apps. After downloading, you can log in to your account and pay back your credit card.

2. Third-party payment platforms, such as Alipay and WeChat, all have credit card repayment function, which can be repaid after binding the bank card;

3.ATM repayment, directly insert the credit card into the ATM, and then save money;

4. Associate the bank card with the credit card, and the system will automatically deduct the money from your bound bank card on the repayment date;

5. You can also repay money at the counter of bank outlets, and you need to bring your ID card and credit card.

1. What are the advantages and disadvantages of credit card installment repayment?

Benefits:

Mainly to alleviate the pressure of high single-period bills. When I owe 10 thousand, I only have 3 thousand in my hand for the time being, so paying it back several times will neither affect my credit nor relieve my pressure. But also conducive to credit card cash withdrawal. Banks will charge installment fees, and they are also happy to see users installment. In order to overcharge, they will naturally withdraw the amount.

If it is to raise the amount, it is not cost-effective to handle the installment if you have money. Although there are more idle funds in hand for the time being, it will increase a certain burden.

Disadvantages:

There is a handling fee for installment repayment, and the rates of different banks are different. The longer the number of installments, the more the handling fee. If you pay in installments for a long time, you will find that the handling fee is amazing. Moreover, this is not conducive to cultivating good consumption habits, and only a part of it is paid every month, which may lead to more and more debts.

Repayment in installments can be made in advance. Under normal circumstances, users should take the initiative to apply to bank customer service, but it is not recommended to do so, which has many disadvantages.

1. Why not recommend prepayment?

The installment fee is fixed after handling. I have handled the installment of 12, so the extra fee for this installment of 12 must be paid. No matter how much you want to pay back the remaining installments in advance, this money can't be reduced.

And many banks have relevant regulations. Once you apply to customer service for prepayment, the remaining amount will be paid in one lump sum in the next bill. On the contrary, it has increased the economic burden, and it is better to repay the loan as agreed.

2. How to make rational use of installment repayment?

The starting point of installment repayment is to share the cardholder's pressure several times when the user can't pay the bill temporarily. So staging is not blind. The longer the better. It is very important to choose the appropriate number of periods according to your actual income, so as not to pay the handling fee in vain.

Many people hesitate between the minimum repayment amount and installment repayment after owing money, saying that both are more cost-effective. In fact, it all depends on the user's own situation, such as how much money is owed and how long it will take to pay it off.

1, the less you owe, the lowest short-term repayment.

If I only owe two or three thousand dollars, and the funds will arrive in a few days, then don't choose to repay by installments. The minimum repayment date interest rate is 0.5 ‰, with monthly compound interest. Take the bill amount of 10000 yuan as an example, and the interest for one month will be 150 yuan. If it is divided into three periods, the interest rate will definitely not stop.

2. How long will it take to pay off the debt? Choose installment payment.

In the case of long-term financial constraints, it is of course recommended to repay by installments. The minimum repayment is to calculate compound interest every month. If you don't pay it back for a day, the interest will keep piling up. The interest generated by the minimum repayment for one year is several times the handling fee of 12.

In short, installment repayment itself has advantages and disadvantages. When unable to repay, it is recommended to choose the appropriate number of installments, and it is not recommended to repay in advance.

I have applied for installment payment. How can I repay you?

The repayment method that has applied for installment payment is to repay the credit card by transfer or deposit after the bill is issued and before the final repayment date. The following is an example of ICBC.

You can choose between the consumer transaction and the repayment date, and call++customer service to apply. Handling channels include ICBC outlets, telephone banking, online banking, mobile banking, self-service terminals and short messages.

The date of installment payment is the first deduction date, and the deduction dates of subsequent installments are the same as the first deduction date. If the number of days in the subsequent repayment month is less than the first deduction date, the deduction date of that month is the last day of that month.

Extended data:

Precautions for credit card installment repayment:

1. The total amount of installment payment and handling fee cannot exceed the available amount of the credit card account. The amount deducted in each period is regarded as the consumption of the current month and enjoys an interest-free repayment period.

2. Customers who have paid by installment can apply for extending the unpaid amount, but the same installment business can only be extended once, and the handling fee rate is the same as that of installment.

3. Apply for prepayment without prepayment fee.

ICBC official website-credit card installment payment

How to repay after credit card installment?

Banks generally provide an interest-free repayment period of 20-50 days, and 20 days after the bill date is the due repayment date, so repayment should be made before the due repayment date.

Credit card repayment method:

1. Online banking transfer: log in to online banking, and repay by debit card, credit card, current all-in-one account or current savings account.

2. Mobile banking transfer: Open mobile banking, and easily complete the transfer and repayment anytime and anywhere.

3. Bank self-service terminal repayment: self-service devices such as CDM or ATM can be used to transfer money to credit cards for repayment; You can also make self-service repayment in cash through the deposit and withdrawal machine (CDM).

4. Counter repayment: make cash repayment at the counter of bank outlets or transfer repayment to the credit card account through debit card, credit card, current all-in-one account or current savings account.

Extended data

Matters needing attention in automatic transfer repayment

First, if the credit card holder binds the savings card to repay the agreed account, then before the due repayment date, ensure that the associated savings card is in a normal state and the amount is sufficient, and the agreed account will automatically repay when it expires.

Second, repayment in an associated savings account generally defaults to full repayment. If the cardholder intends to return the minimum repayment amount of each installment, he can inform the customer service at the time of binding and change the repayment mark.

Third, paying the minimum repayment amount on time will not affect the cardholder's current credit history, but will charge interest on the whole bill.

Reference source: China Bank, official website-China Bank Credit Card Repayment Guide.

Source of reference: official website, Bank of China-Explanation of common credit card terms.

So much for the introduction of how to pay back the credit card in installments.