The installment payment column for iPhone 11 on Apple’s official website belongs to credit card installment, and CCB savings card cannot be used for installment payment. There are four financial institutions that cooperate with Apple, namely Huabei Financing, China Merchants Bank, China Construction Bank and Industrial and Commercial Bank of China. Installment payment can be used as long as the purchase of goods is greater than or equal to 500 yuan. Among them, Huabei supports 3, 6, and 12 interest-free installments. Both China Merchants Bank and China Construction Bank support interest-free installments of 1, 3, 6, 12 and 24 months. Industrial and Commercial Bank of China supports interest-free installments of 3, 6, 12 and 24 months. Apple Store Online Store, interest-free installment is available on all Apple product purchases. In addition, with the release of the new iPhone 11, Apple’s interest-free installment policy has also received an update.

1. iPhone 11 installment payment on Apple’s official website: You can pay in installments when purchasing an iPhone at an offline Apple direct store. The policy is the same as in online stores. If the Huabei quota is not enough, consumers may also have the opportunity to obtain a dedicated temporary Huabei quota. During the event, use ICBC credit card transactions and installments on Apple's official website and offline direct stores, and make monthly repayments on schedule, and you can enjoy up to 24 interest-free installments. Apple official website: The minimum installment consumption is 500 yuan.

2. With a credit card, you pay back as much as you spend, while with a debit card, you pay back as much as you save. A credit card is a credit card and a savings card is a debit card. A credit card is equivalent to a small consumer loan. Buying an Apple in installments is the same as buying a house or a car in installments. You can only use credit cards to pay for installments when buying on Apple's official website. If you buy on Tmall or JD.com, you can use savings cards for installments.

3. The difference between credit card loans and installment payments:

(1) In credit card loans, since the debt is unsecured, if the customer defaults, the card issuer does not have any specific collateral. Right of recourse;

(2) In credit card loans, the card issuer’s risk is equal to or exceeds the credit limit (for example, if the bank approves the cardholder’s additional loan, or the cardholder’s consumption exceeds its credit limit); in installment credit, the bank's risk decreases with the monthly repayment of the loan during the loan period;

(3) In credit card loans, the repayment cycle, that is, the loan The term, which extends each time the cardholder uses their credit limit. Must be a credit card. Banks that currently support credit card installment payments include ICBC, Agricultural Bank of China and China Merchants Bank.