The difference between installment pass and credit card: 1. The installment method is different: installment pass will automatically make installments when reaching a certain consumption amount, while credit card users need to make installments themselves. 2. Different scope of use: Installment Pass can only be consumed at designated cooperative merchants, and cannot be withdrawn in cash. Credit cards are widely used and can be used to withdraw cash. 3. Different credit limits: Installment passes and credit card limits do not share the same, and installment pass limits are independent of credit cards.

Disadvantages of credit card bill installment: 1. Bear the installment handling fee: Every bank charges a certain handling fee for credit card installment business, and different banks charge different fees. Taking China Merchants Bank in 12 installments as an example, the handling fee is 0.66%. The longer the installment time, the higher the handling fee. Then, when the installment bill is 5,000 yuan, you need to bear an installment handling fee of 33 yuan per month. 12 *** will bear the handling fee of RMB 396 for the first term. Moreover, the handling fee will not be reduced or reduced, and early repayment will also be deducted.

2. Reduce the available limit: Since the credit card limit is fixed, if you make bill installments, the flexible use limit will be reduced, which will affect subsequent consumption.

3. It can easily lead to over-consumption: Since it takes a long time to repay the money, and only a little bit is repaid every month, the repayment method is "spend 240 yuan and only repay 20 yuan a month" It is easy to give cardholders the illusion that they spend money casually and repay easily, which can easily lead to excessive consumption, high bills, and selfless consumption.