The minimum repayment amount is that you have to pay at least this much money in the current bill. If you only pay the minimum repayment amount, you need to calculate the interest of five ten thousandths of the arrears on a daily basis from the day you swipe your card until you pay it off. There will be interest items on next month's bill. If the next bill is not paid off, there will be cyclic interest and interest on the bill for the third month (some banks stipulate that as long as the full repayment is not made, the credit card will be fully included in the interest; Some banks stipulate that only arrears can be counted as interest.
Installment payment is applied according to your repayment requirements, so that interest will not be calculated, but according to the handling fee of each installment, there will be an installment fee on the bill next month.
As for which method is more cost-effective, you can know the installment fee rate and daily interest through the customer service of the issuing bank and compare it according to your overdraft limit. In the best case, it is recommended to pay in full as far as possible, so that there will be no overdue records in the future. If you can't afford it, we suggest paying by installment.