How to operate China Merchants Bank’s interest-free installment payment for iPhone:
Some people say that Apple’s official website can offer up to three interest-free installments instead of 12 interest-free installments like before. In fact, it is still possible. Yes, but you have to go through China Merchants Bank’s credit card website. When you place an order here, you can make 12 interest-free installments.
Complete entry method: Open the China Merchants Bank Credit Card homepage. There is an apple section in its online mall, just click on it.
1. There is no handling fee for this interest-free installment. Simply put, after 12 months, all your expenses will be the full price of the mobile phone, 5,288 yuan, and there will not be a penny more; < /p>
2. After the installment payment is successful, your credit limit, which is 5,288 yuan, will be deducted in one go. Therefore, your credit card must reach or exceed 5,288 yuan. If it is not enough, you can call Bank of China customer service to temporarily increase the limit;
p>3. 5288 yuan will not be deducted from your card at one time, but 5288/12=440.66 yuan will be deducted every month. In other words, if you have no other card purchases, your monthly credit card bill will be only 440.66 yuan, for a total of 12 months;
4. Each time you pay off a bill, your credit card limit will be restored to 440.66 yuan for 12 consecutive months until the deduction amount of 5288 is fully restored.