Many cardholders want to apply for bill installment after using Industrial Credit Card for large consumption, but it is not very clear whether the bill installment will occupy the credit line. After all, once the credit line is occupied after the bill is divided into stages, a small credit line can be used. So, does Societe Generale account for the credit card bill in installments? When will the quota be restored? Let's have a look.

Installment payment of bills is an installment payment service provided by Industrial Bank Credit Card Center for eligible cardholders. Cardholders can divide the current bill amount into 3 installments, 6 installments, 12 installments, 18 installments, 24 installments and 36 installments after the current bill date and within the repayment period (inclusive) through the official WeChat of Industrial Bank Credit Card and the customer service hotline 9556 1, and only a part of the principal and service fee can be repaid in each installment.

It should be noted that after the bill of Industrial Credit Card is successfully processed in installments, the installment amount applied by Industrial Credit Card will be frozen within the quota, and the installment fee will be allocated to each installment of the bill, which means that the installment principal and installment fee will also occupy the credit limit, but it will be restored with the cardholder's repayment in each installment until it is fully paid off.

For example, suppose your Industrial Credit Card has a total credit of 50,000 yuan, and the current bill amount is 3,000 yuan, which will be repaid in six installments. After each installment of the handling fee is successful, the available amount will become 50,000-3,000 = 47,000 yuan, but with each repayment, a part of the amount will be restored. For example, after the first repayment, the available amount is 47,000+3,000/6+3,000 yuan.

point out

1. Once the installment of the bill is successful, the installment amount will be frozen immediately;

2. If each repayment is successful, a part of the quota will be released;

3. Within the allowed credit limit, you can handle multiple billing installments.

Is the above the "credit card bill installment limit of Xingye"? When will the quota be restored? "I hope it will help you. In short, Societe Generale's credit card bill will occupy the quota by installments, but after installment, with the repayment of each installment, a part of the quota will be restored, but if your credit limit is too low, don't apply.