How many installments can Everbright Credit Card be divided into at most?
The credit card installment of China Everbright Bank can be divided into 24 periods at most. The credit cards provided by China Everbright Bank are divided into three periods, six periods, nine periods, 12 period, 18 period and 24 periods, and the benchmark payment rates are different at different stages. If 24 installments are selected, the benchmark interest rate for one-time payment is 18%, and the benchmark interest rate for equal installment payment is 0.9% for each installment.
In the actual implementation process, the rate will fluctuate according to the cardholder's installment number, customer credit and bank policies, with the fluctuation range of 0%- 1.5% per installment.
What are the benefits of installment repayment of credit card bills of China Everbright Bank?
1, ease the economic pressure. For many people, handling credit card consumption can greatly ease the economic pressure. Credit card bills will be repaid in installments, and the repayment pressure of cardholders will become very small, and high bills can be paid off in several times.
It is beneficial to increase the credit card limit. Banks earn benefits through credit card fees, interest and annual fees. After the cardholder repays the credit card in installments, the bank will charge a handling fee, so the bank quite supports the cardholder to repay the credit card in installments. Moreover, this operation will also increase the application rate of banks to increase the credit card limit.
3. There is a discount for installment repayment of credit card bills. Banks will hold some preferential activities for cardholders from time to time, including installment repayment of credit card bills. If you repay the loan by installments during the activity, you can reduce the handling fee or interest, which is a good choice for cardholders with poor economy.
That's all. I hope it helps you.