Many cardholders want to apply for installments of their Everbright Bank credit card bills, but they don’t know much about whether the installment limit will occupy their credit limit. Most banks stipulate that the installment amount of the bill will occupy the credit limit. That is to say, the installment limit must be deducted from the available credit limit. Let’s take a look below. A card friend asked me that my credit card limit is 10,000 yuan, and I am planning to apply for a 15,000 yuan bill installment. After the installment is successful, will I only have an available limit of 5,000 yuan? "The answer is indeed true, because Everbright credit card bill installments will account for the credit limit. However, if you exchange part of the amount in each installment, then part of the credit limit will be restored as your repayment arrives, and all If you repay in full installments or repay in advance, your credit limit will be restored.

In addition, cardholders must understand the following points about Everbright bill installments: 1. Is bill installments applicable? Interest will be calculated, but you need to pay a handling fee. Different installments have different handling rates; 2. The fewer the installments, the more cost-effective it is; 3. After the bill installment application is successful, the amount due must be repaid every month. You can enjoy the interest-free policy, otherwise late payment fees will be charged if the repayment amount is less than each installment, which will also affect your credit score; 4. The total installment limit for each installment is 95% of the bill amount for the current period, as long as it is 300 yuan or more. Apply for installment; 6. Once the bill installment is successfully processed, the installment limit will be frozen immediately; 7. Each installment is repaid successfully, and a part of the quota will be released; 9. Within the allowable credit limit, bill installments can be processed multiple times. In short, investment. If a bank credit card occupies the installment limit in installments, and the cardholder repays it in installments, the limit will be unfrozen in installments.