There are three forms of credit card installment, including bill installment, cash installment and consumption installment. ?

1. What do you mean by bill installment?

Bill installment is a process in which the credit card holder asks the credit card center to repay the consumption amount in the current bill to the bank in installments, and the bank collects a certain installment fee from it. ?

Second, the connotation of the consumption stage?

Credit card consumption installment means that if a single consumption amount reaches the minimum consumption amount stipulated by the bank, the cardholder can apply to the bank to split the consumption into multiple repayments, and the bank will charge the consumption to your credit card account. ?

3. What do you mean by cash installment?

Cash installment is a business in which the cardholder transfers the amount in the available credit card to the savings card when in urgent need of cash, and then repays it in installments. Compared with cash withdrawal, cash installment will not generate interest, but it requires a certain handling fee. The specific cost is mainly determined by the number of periods, and the rates are different for different periods. ?