1. For large debts that cannot be paid off in one lump sum for a long time, in order to prevent compound interest, the cost of installment repayment is relatively low. Charge a handling fee in installments.

Second, if the amount is low, the consumption accounting date is close to the final repayment date, and the repayment can be made in a short time, it is more cost-effective to choose the minimum repayment amount. Paying the minimum repayment amount on time will not affect the cardholder's current credit history, but will charge interest on the whole bill. The cardholder can choose the repayment method according to the specific situation of the arrears.

3. The transactions that China Merchants Bank's credit card cannot apply for installment include: cash advance transaction, installment payment transaction, various fees (such as annual fee, interest, late payment fee and other credit card charges), RMB money that has been applied for foreign exchange purchase, real estate transaction, pre-authorization transaction and other transactions specified by our credit card center.