If a credit card is used, the current bill consumption will be automatically divided into installments on the bill date, and the monthly repayment will be made according to the agreed number of installments. The installment amount does not include overpayment, cash withdrawal transaction, installment payment transaction, interest and various fees charged according to the credit card charter and collection agreement (such as credit card account management fee, installment fee, withdrawal fee, repayment late fee, over-limit service fee and other credit card fees). Longka E-Bank Card provides 3-phase, 6-phase, 12-phase and 24-phase installment schemes for cardholders to choose from, where 12 is the default installment number when issuing cards. The benchmark handling fee rate for automatic installment of Longka Easy Loan Card is 5‰/ month, which is charged on a monthly basis.

Other cards should actively apply for installment, but there are many options, such as consumption installment and bill installment.

The number of bill installments can be 3, 6, 12, 18 and 24, and the corresponding benchmark interest rates are 0.75%, 0.70%, 0.60% and 0.62% respectively.

(Note: Monthly handling fee = total installment amount * handling fee rate, which will be recorded and collected on schedule on each billing day after installment. There is a 20% discount on the installment fee before the end of the year. In the near future, it will be more cost-effective to use other cards for bill installment.