How to pay installments with CITIC Credit Card?

How to apply for installment payment of CITIC Bank credit card bill?

1. CITIC Bank Credit Card Bill Installment Payment Rules

Application time: Submit an application within three working days from the current bill date to the due date of repayment;

Application amount: no more than 90% of the unpaid portion of the consumer transaction amount that has been issued in RMB, with a minimum of RMB 800;

Number of installments and handling rate:

2. How to apply for installment payment of credit card bill of CITIC Bank:

1. Call the 24-hour customer service hotline: 40088-95558, press 1-Press 6-Press 2 to transfer bill installment and single installment business , professionals will handle it for you;

2. Log in to China CITIC Bank Credit Card Online Banking to apply;

3. Log in to the main page of Xindong Space and apply according to the prompts;

4. Go to CITIC Online Banking through mobile WAP.

How to apply for installment with CITIC Credit Card?

1. Call the customer service number of CITIC Bank Credit Card Center, and after being transferred to the manual customer service, select the number of installments or the amount according to the staff prompts, and then you can handle it;

2. Go to the official website of China CITIC Bank Credit Card with your browser, and then click "My Account" → My Bill Inquiry → Current Bill Inquiry → Select the card, click Apply for Bill Installment, and then set the installments you want to make. For the number of installments, just submit the application;

3. Follow the CITIC Bank Credit Card WeChat official account on WeChat. After entering the official account, click "Service Hall", and then select the installment type in the loan installment column, such as bill installment, appointment Installments, etc., then fill in the relevant information according to the jump page, and submit the application after completing the follow-up process;

4. The card host goes to the bank counter with his or her valid ID and card to apply.

Credit card bill installment payment is a type of credit card installment payment. This type of installment payment means that the credit card holder requests the credit card center to return the consumption amount to the bank in installments after using the credit card to swipe the card.

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 between the time the card payment is credited and the due date of repayment. You can pay in installments, and generally you can get approval as long as you don't have a bad personal credit record.

The minimum repayment amount is the minimum amount that needs to be repaid in the current month when using revolving credit. The minimum repayment amount is listed on the current bill. The minimum repayment amount for each period is calculated as: Minimum repayment amount = 10 All general transactions on the credit card account 100 Amount of all outstanding installment transactions in the account in a single period 100 The unpaid portion of the minimum repayment amount in the previous period 100 Exceeds the account credit limit 100 fee and 100 interest on all funds used.

Bill installments can generally be applied for by calling the customer service center or telephone banking of the card-issuing bank. ICBC cardholders can apply for installment payment at any ICBC branch, ICBC online banking, telephone banking and mobile banking. China Merchants Bank can apply for installment payment at Apply for the bank's online banking. Relevant personnel from China Construction Bank reminded cardholders that although various banks have launched installment payments for bills, it does not mean that every cardholder can pay in installments through credit cards.

Banks generally evaluate the credit status of cardholders based on their credit limit, credit history of cardholder purchases, etc. Only when the assessment is passed can the cardholder successfully make installment payments; if the assessment result is not satisfactory, the bank may reject the cardholder's installment application, or may not be able to grant the cardholder the installment payment amount he wants. Cardholders can apply for installment by phone after fully considering their own financial situation.

The minimum consumption amount applied for installment by various banks is basically between 500-1,500 yuan, including 600 yuan for ICBC, 1,000 yuan for China Construction Bank, Bank of China, and China Merchants Bank, and 1,500 yuan for Bank of Communications (Y-power card) (single payment is 500 yuan), CITIC is 1,200 yuan, while Agricultural Bank of China and China Guangfa Bank stipulate that a single payment of 500 yuan or more can apply for installment.

Everbright Bank has no requirement on the amount. As long as the cardholder uses the designated card, the bill will be automatically divided into 12 installments.

How to apply for CITIC Bank credit card installment?

To apply for CITIC Bank credit card installment, the method is as follows:

1. WeChat application: Follow the CITIC Bank credit card WeChat service account and click "Card application/installment" - "Bill installment" can be used. (Honor 50MagicUI4.2; WeChat 8.0.16)

2. Telephone application: Call the credit card customer service of China CITIC Bank, press 1 in Mandarin and # in Mandarin to enter the main menu, select 0 to enter or ID number to enter manual service. Inform the application amount and period, and the customer service specialist will inform the application result after system review

3. Online banking application: Log in to online banking, enter the credit card page, select "My Account", and click "Bill Inquiry for this Period" - "Choose Card". Click Apply for Bill Installment, select the number of installments, and confirm submission. (Honor 50MagicUI4.2; China CITIC Bank 7.5.3)

4. SMS application: After the customer receives the invitation application message from our bank after the bill is issued, the customer sends FQ plus the last four digits of the card to 106980095558, and the system The results can be informed immediately.

What is installment payment?

Pay by Installments refers to paying off the debt in multiple installments in one transaction. Installment payments can be divided into two types: interest-bearing installments and interest-free installments. Interest-bearing installments usually repay the interest first and then the principal, and the total payment is usually much higher than the actual transaction price, while interest-free installments do not accrue interest. Usually merchants or banks promote consumers' consumption behavior through interest-free installment payments. For interest-bearing installments, there may be a penalty if repaid early.

Calculation method:

Basic calculation: Using sequence knowledge, there is an installment formula: x=a(1p)^m[(1p)^m/n-1]/[( 1p)^m-1]

Where is the principal of a, p is the monthly interest rate, m number of months, n times. x is the amount of each payment. Generally, m=n

Then the interest paid should be: mx-a

Instalment credit card

For example, a mortgage of 70,000 yuan for 5 years. At this time, a=70000, p=0.oo8m=60n =60 is substituted to get

Compound interest: The interest of the current period is included in the principal of the next period, that is, the sum of the principal and interest of the previous period is used as the basis for calculating interest in each period.

Mathematical calculations:

Using sequence knowledge, there is an installment formula: x=a(1p)^m[(1p)^m/n-1]/[(1p)^ m-1]

Where is the principal of a, p is the monthly interest rate, m number of months, n times. x is the amount of each payment. Generally, m=n

then pay The interest should be: mx-a

For example, a mortgage of 70,000 yuan for 5 years. At this time, a=70,000, p=0.oo8m=60n=60, and x=1473.55

Pay interest 60×1473.55-70000=18413.2

Simple interest: The interest is calculated based on the initial principal in each period, and the interest in each period is not included in the principal of the next period. Simple interest repayment methods are divided into equal principal repayment methods and equal principal and interest repayment methods.

1. The equal-amount principal repayment method (referred to as the equal-amount method): also known as the decreasing method, because the home buyer repays the same loan principal every month, and each time the loan is repaid, the next loan interest will vary. As the principal decreases, the loan principal and interest repayment decreases period by period. The monthly principal of this method is the same, with the highest repayment amount in the first month and decreasing monthly thereafter.

2. Equal-amount principal and interest repayment method (referred to as the equal-amount principal and interest method): The total monthly principal plus interest is fixed. The loan principal and interest are evenly divided into several equal parts according to the loan term, and the principal and interest are repaid every month. The totals are the same.

This method makes it easier for home buyers to plan their funds;

This ends the introduction on how to pay in installments with CITIC Credit Card and how to pay in installments to buy a mobile phone with CITIC Credit Card. I wonder if you have found the information you need. ?