1. Temporary line cannot be applied for installment, and the part used by temporary line is included in the next minimum repayment amount and needs to be paid off in one lump sum.
2. Before applying for installment, please make sure that your available amount is greater than the amount you want to swipe your card. If you have applied for installment before, the amount will be restored according to the principle of restoring the first installment. For example, if you pay 800 yuan every month, you will restore the amount of 800 yuan every month.
Credit card installment payment refers to the process that when the cardholder uses the credit card to make a large amount of consumption, the bank pays the consumer funds of the goods (or services) purchased by the cardholder to the merchant in one lump sum, and then the cardholder repays the money to the bank in installments and pays the handling fee.
According to the cardholder's application, the bank deducts the consumption funds and handling fees by stages through the cardholder's credit card account, and the cardholder repays according to the monthly recorded amount.
Extended data
Credit card installment payment can be classified as follows:
1. Shopping center installment payment
Cardholders go to shopping places and shop in "shopping malls" that can be staged. When you check out, you need to pay by installment with a credit card that supports installment in this mall. Then the cashier will swipe the card on the special POS machine according to the number of periods required by the cardholder (such as 3 periods, 6 periods, 12 periods, etc.). There are also a few shopping malls that support the 24 th issue).
2. mail order installment payment
The cardholder receives the installment mail order catalog manual sent by the issuing bank (or the online installment mall of the bank) and selects from the limited commodities. Then the bank orders in installments through online installment mall, telephone or fax installment application form, etc.
Step 3: Pay the bill in installments
After spending by credit card and before sending the monthly bill, you can apply to the issuing bank for installment by telephone or other means. However, it should be noted that banks will stipulate some special circumstances, such as speculative credit cards can not be successful in installments.
Baidu encyclopedia-credit card installment payment
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