If you swipe the card three times a year for the regular and gold cards of China Construction Bank, the annual fee for the next year will be waived. Generally, this discount does not include special cards such as business cards and car cards. The CCB Standard Platinum Card has higher requirements for annual fee exemption. It requires 18 transactions per year to be exempted from the annual fee for that year.

When a cardholder uses a credit card to make large purchases, the card-issuing bank will pay the merchant a one-time payment for the goods purchased by the cardholder, and based on the cardholder's application, the consumption funds will be transferred to the cardholder in installments. The business of debiting a person's credit card account and repaying it according to the monthly credit amount.

In the past, credit card installments mainly included bill installments and single consumption installments. Banks usually charged corresponding handling fees based on the number of installments. Whether it is bill installment or single consumption installment, the premise is that consumption behavior occurs first, and then the bank sets the installment repayment of the credit loan generated. Extended information

Basically all card-issuing banks can support this installment method, and the application is simple. Users only need to submit an installment application to the card-issuing bank by phone or other methods after swiping their card for consumption and before monthly bills are sent.

Each bank will stipulate some special cases. For example, speculative card swiping will not be successful in installments. So before proceeding with staging, be sure to read the staging manual carefully. The disadvantage of bill installment is that the handling fee is not waived. The longer the number of installments, the higher the handling fee, which must be borne by the cardholder himself.

Baidu Encyclopedia-Credit Card