Tmall installments can be divided into 3, 6 and 9 installments. There is no fee for installment in 3 installments, that is, the original price will be the final payment price after being divided into three installments. If it is divided into 6 or 9 periods, a handling fee will be charged.
The biggest feature of Tmall installment is that you don’t need to worry about repayment.
Because Tmall Installment will automatically lock the corresponding amount in your Yu'E Bao when you pay, and then it will be automatically deducted from your Yu'E Bao when the repayment time comes.
If you have money in your Alipay balance or bank debit card, the money will be automatically deducted from these two places first, and the money in your Yu'E Bao will not be touched. The advantage of this is that the money in your Yu'E Bao can continue to enjoy interest.
You know, if you divide 30,000 yuan into three installments, and just put it in Yu'e Bao to earn 3 interest, you will get 30*3*1 30*2*1 30*1*1=180 Yuan interest. If you have money in Yu'ebao or bank card, you don't need to use the 30,000 yuan, which is equivalent to getting a few more days of interest.