Credit card combined installment refers to combining two or more purchases together for installment. Users can complete the combined installment by selecting bill installment when repaying. Consumption installment is only for a single consumption, and bill installment is two different concepts. Of course, users can still continue to choose bill installments after consuming the installments. After the user selects the bill installment, he must also select the number of installments. The longer the number of installments, the smaller the repayment pressure will be, but the corresponding installment fees will be higher.

The definition of credit card bill installment:

Credit card bill installment is one of the types of credit card installments. This kind of installment refers to the payment made by the credit card holder after using the credit card to make purchases. The credit card center requires the consumption amount to be returned to the bank in installments. Credit card bill installment payment is the simplest method of installment payment. You only need to call the bank's credit card center or log in to personal online banking to apply for installment payment between the time the card payment is credited and the due date of repayment. As long as you have no bad personal credit history, you can be approved.

The definition of credit card consumption installment:

Credit card consumption installment means that after the cardholder swipes the card for consumption, if the single consumption amount reaches the minimum consumption amount stipulated by the bank, the cardholder can Apply to the bank to split the consumption into several repayments, and the bank will then divide the consumption into multiple payments and charge it to your credit card account. When each cardholder applies for a credit card, the bank will ask him or her to select a date or a system default date as the billing date.

Introduction to credit cards:

Credit cards, also called credit cards, are credit certificates issued by commercial banks or credit card companies to consumers with qualified credit. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.