Credit card installment will occupy the limit.
Credit card installment will occupy the limit, and the limit will not be restored to the original limit immediately. After applying for installment, how much credit is left before installment and how much credit is left after installment.
For example: you buy an item for 5,000 yuan, assuming it is divided into 5 installments, and your quota is 6,000 yuan. At this time, the available quota is 1,000 yuan. After you apply for installment, the available quota is still 1,000 yuan (5,000 installments are occupied) amount). If you repay 1,000 yuan in one installment (assuming the handling fee is not taken into account), your available credit limit will become 2,000 yuan (the unpaid 4,000 yuan in installments will occupy the credit limit), and so on.
The credit card installment we usually refer to refers to the credit card bill installment, which means dividing the credit card overdraft limit into several times and paying it back to the bank. After consumption, apply to the bank to repay the consumption amount in installments. During the bill installment process, banks generally charge handling fees.
Generally speaking, you can apply for interest-free installments of 3, 6, 9, 12, 18, and 24 installments. If it is an emergency, a credit card overdraft limit can still play a big role, and repaying it in installments can relieve financial pressure. However, installment fees and interest are required, so please consider carefully.
Compared with ordinary bank savings cards, the most convenient way to use credit cards is that they can be used for ordinary consumption without cash in the card. In many cases, you only need to return the consumed amount on schedule.
You can use overdrafts without deposits, and you can enjoy an interest-free period of 20-56 days for on-time repayment without any interest charges (most banks will charge an interest of 50,000 cents on the day of cash withdrawal, and There is a 2% handling fee. ICBC cash withdrawals are free of handling fees and only charge interest).
Swiping your card when shopping is not only safe and convenient, but also provides points for gifts.
You can enjoy discounts when you use the card at the bank's designated merchants.
Accumulate personal credit and add a record of integrity to your credit file that will benefit you throughout your life.
It is accessible nationwide and you can withdraw money or make purchases by swiping your card at ATMs and POS machines with the UnionPay logo; (Note: Credit cards are only suitable for consumption and swiping. It is best not to withdraw cash. The handling fee for cash withdrawals is very high and very inconvenient. cost effective).
Swipe your card for consumption, collect existing points with some credit cards, and offer a variety of discounts and lucky draws throughout the year, so you can always be surprised as long as you use your card; (most credit cards do not have points for online payment, but online shopping payment is very convenient , quick).
Free monthly mailed statements, allowing you to transparently control every consumption expenditure; (now promoting green environmental protection, paper statements can be canceled and changed to electronic statements).
The unique supplementary card function is suitable for couples to manage finances at the same time, or to control their children's financial expenditures.
The free choice of one card and dual currencies is available all over the world. Overseas consumption can be repaid in domestic RMB.
400 or the 5-digit short number starting with 9 is available 24 hours a day. Loss reports are effective immediately and there is zero risk of losing the card.