The minimum installment payment limit for ICBC credit cards is 10% of the consumption amount plus other various payables. The minimum repayment amount is listed on the current bill. The minimum amount means that if the cardholder has difficulty repaying all the amount payable before the due repayment date (inclusive), he can repay according to the minimum repayment amount specified by the card issuer, but he cannot enjoy the interest-free repayment period.
Bank credit card bill installment application requirements:
1. Bill installment application time
From the transaction date to the repayment date, you can freely choose to pay in RMB or transactions under a USD account for installments.
For transactions that have not been billed: You can apply for installment between the day the transaction occurs and 19:30 on the billing date corresponding to the transaction.
For bills that have been issued: You can apply for installments between the day after the bill date and the due payment date (for customers whose accounts have set up automatic repayment, the application deadline is 17:00 on the due payment date: 00).
2. Conditions for applying for bill installments
Applicants must hold a bank credit card, personal card master card, good card usage record, and no delay in current repayment. Customers who only hold commercial cards, business cards, purchasing cards, ANA guaranteed cards or supplementary cards cannot apply for bill installments at the moment.
3. Amount of bill installment application
When applying for RMB bill installment, the minimum application amount per time is not less than RMB 300; when applying for USD bill installment, the minimum application amount per time is not less than RMB 300. $100. After successfully applying for RMB or U.S. dollar bill installments, the principal of each installment and each installment handling fee will be credited to the RMB account, that is, the U.S. dollar bill installment amount will be converted into RMB according to the exchange rate specified at the time of application.