1. Consumption installment business

Business introduction: Cardholders use Peony Credit Card for spending. If the installment application is successful, they only need to repay the installment amount every month.

Application requirements: the initial amount of installment payment business is RMB 600 yuan, HKD 600 yuan, USD/KOOC-0/00, EUR/KOOC-0/00, JPY 6000, GBP/KOOC-0/00, Canadian/KOOC-0/00, Singaporean/KOOC-0/00 and Australian/KOOC.

2. Cash installment business

Business introduction: Credit card cash installment refers to the business that China Industrial and Commercial Bank transfers a certain amount of cash to the cardholder's designated account at one time according to the cardholder's application, and deducts it by installment through the cardholder's credit card account according to the agreed time limit, and the cardholder repays it by installment and pays the handling fee.

Application requirements: Personal credit card owners and customers invited by ICBC can handle it. The cash installment amount shall not exceed 80% of the total credit card amount, and the maximum amount shall not exceed RMB 654.38+ 10,000. The minimum payment for cash installment is 600 yuan.

3. Summarize the installment payment business

Business introduction: Summary installment refers to the business of converting all or part of the consumption transactions of the previous bill into installment payment at one time from the billing date to the due repayment date.

Application requirements: The summary installment amount can be determined by the customer, and the starting amount is 600 yuan, and the sum of the consumption transaction amounts participating in the summary installment should be greater than or equal to the starting amount.