Credit card installment repayment is suitable for those cardholders who cannot directly repay in full. There is no interest on the minimum repayment, but you only need to pay some handling fees. For those who can repay the loan in a short period of time, it is still cost-effective to make a small number of installments and repay the loan in installments.

In addition, there are many benefits of installment repayment.

1. The application starting point is low. As long as the single consumption exceeds 600 yuan or 600 Hong Kong dollars, or 100 US dollars or euros, you can apply for installment payment.

2. There are many options for the period. The installment payment period is divided into 3, 6, 9, 12, 18, 24, and 36 months. There are seven periods for cardholders to choose from. They can also repay in advance or choose to extend the period.

3. No guarantor is required and the application procedure is simple. You can easily handle this by swiping your card at ICBC designated merchants, going to ICBC business outlets, or dialing 95588 customer service hotline.

4. Convenient repayment. You will be reminded to repay with the statement every month, and you can also activate SMS notifications to remind you to repay monthly. You can choose from various repayment channels such as business outlets, self-service terminals, online banking, telephone banking, and mobile banking. You can also designate accounts for automatic repayment. ICBC waives handling fees for early repayment of installments.