I don’t know how you shop and then apply for installment business, because different shopping locations have different installment methods:

The first way: shop in the mall and then apply for installment

The specific method is to bring your credit card and ID card to a merchant that has an installment agreement with China Merchants Bank to pay for the installment directly. Generally speaking, after success, the first installment of the bill will be repaid with the handling fee corresponding to the number of installments, and then the bill will be repaid every month. The installment is sufficient.

Second type: Purchase online and then apply for installment payment

Generally speaking, if you purchase installment payment online, no additional handling fees and shipping charges will be charged in addition to the single installment payment.

Third option: For general shopping, apply for installment through the bank

If you want to apply for installment after a one-time card transaction, then you can use the "Bill Installment" function of China Merchants Bank Credit Card. It means that the total amount of a certain monthly bill is up to 90 and does not exceed the fixed amount of 80, and the application is divided into 3, 6 or 12 installments, and the corresponding handling fee is 2.6, 4.2 or 7.2. In general, the essence is the same of.

I hope my answer can help the poster. In addition, a lot of my information is collected from My Love Card. If you are interested, you can go shopping. Many people have questions about applying for the card. Someone has the answer!