There are two main ways to buy a car by credit card: one is to apply for the installment of the bill after the full payment is paid, and the other is to apply for the installment payment directly.

Of course, the first method requires a higher credit card limit, so I recommend you to use the second method, because the second method is relatively cost-effective. After all, a credit card is a credit loan and no collateral is needed. As long as the handling personnel have enough information to prove their repayment ability, they can apply. Moreover, buying a car by stages with a credit card can also help you break down the pressure of centralized payment, allow you to allocate limited funds flexibly, maximize the efficiency of using limited funds, and enjoy the most fashionable life in advance.

As for the installment interest of ICBC's credit card car purchase, the interest varies from bank to bank and the number of installments. We take ICBC's credit card as an example. There are three options for the installment number of ICBC's credit card car purchase: 12, 24 and 36, and the corresponding handling fees are 3.9 1%, 7.62% and1.28 respectively. For example, the owner chooses to borrow 200,000 yuan, 1 year for repayment, and the handling fee is 7820 yuan.