Minsheng.com Tesco Installment Credit Card is a credit card that can automatically install installments, but it is for a single consumption installment. Therefore, the installment is different from other credit cards. When applying for the card, choose the installment amount and installment period. A single purchase will be automatically installmentd. So, what are the precautions for using Minsheng.com Tesco installment credit card?

1. Summarize the single consumption that meets the starting amount of installment payment, automatically pay in installments according to the number of installments you selected, and pay off the principal and handling fees on a monthly basis starting from the current bill, and the entire principal in installments and amortized fees will occupy the remaining balance.

2. Do not borrow cash in advance, pay installments, interest, late fees, fees and other installment transactions stipulated by Minsheng Bank in a single period of consumption.

3. The starting amount of a single installment payment is 300 yuan, 600 yuan, 1,000 yuan, 3,000 yuan, 5,000 yuan or the equivalent in foreign currency. The default starting amount is 300 yuan or the equivalent in the foreign currency.

4. The number of installments is 3, 6, and 12, and the default number is 12. The charging standards for each period are 0.82, 0.7, and 0.67 respectively. Cost per period = total installment payment × commission rate per period.

5. The starting amount of automatic installment payment can be modified by yourself, and the modification will take effect immediately. New consumption will be judged whether to be installmentd based on the new starting amount.

6. The period of each bill period can be modified by yourself. The effective period is based on the last modification before the bill. After the modification, all consumption in the current period's bill will be amortized according to the new period.