Credit card installment cards are called installment cards. Credit card installment includes bill installment (including consumption installment) and cash installment. The commonly used credit card installment is bill installment, that is, payment is made by credit card first, and then the credit card is repaid in installments. Although staging can alleviate the urgent need, it is not flexible. Staging will generate a certain percentage of handling fees. After staging, 90% of bank bills will be repaid in advance, and all handling fees of borrowed funds still need to be repaid.

The so-called installment refers to the installment repayment of the credit card consumption amount. Generally, the repayment amount is equal every time, including the credit card consumption amount and handling fee. The charging standard of "handling fee" varies from bank to bank. Please consult the issuing bank for details. At the same time, the cardholder can also decide the specific number of periods according to his financial situation, such as 3, 6, 9, 12, etc.

If the cardholder needs installment repayment, he only needs to apply to the issuing bank for installment repayment from the next day of the billing date to the due repayment date. There are many ways to apply, such as online banking, customer service phone, mobile banking, credit card WeChat official account and so on.

In addition to installment repayment, credit cards also have two repayment methods: full repayment and partial repayment. Full repayment, partial repayment and installment repayment are normal repayment behaviors and will not have a negative impact on the credit record of the information subject.

Application for installment repayment and minimum repayment amount:

First, the minimum repayment amount of the credit card will be clearly listed on the current bill, and you can repay directly according to the minimum repayment amount, and the bank will automatically identify it without applying.

Two, to apply for installment repayment, usually must meet the following conditions:

1, the application for single consumption installment reaches the minimum application amount stipulated by each bank, and generally the minimum single consumption installment is around 500 yuan.

2. Apply to the bank customer service within the specified time, generally within 3 working days before the bill date.

3. The unpaid part cannot be paid in installments.

4. Cash withdrawal and temporary quota consumption cannot be charged by installments.

3. The part that has been repaid in installments can no longer apply for the minimum repayment amount, but the part that has not been repaid in installments can still be repaid according to the minimum repayment amount.