Credit card installment loans can be your lifesaver when it comes to big purchases, especially when you don’t have enough cash. With credit card installments, you can easily split your credit card transactions or statement balance into 6-60 monthly installments.
In case you don’t know much, MoneySmart has already done the legwork and compiled a comprehensive guide to compare the repayment periods, interest rates, and handling fees of various installment payment credit cards from different banks. So you don’t have to sift through multiple articles or websites to find the information you need. Let’s kick things off!
Table of Contents
- Credit card installment loan comparison
- HSBC credit card spending installment loan
- Hang Seng Bank credit card installment loan
- Standard Chartered Bank credit card installment loan
- DBS credit card installment loan
- Mox spending installment loan
- Notes on applying for credit card installment payments
- Credit card installment payment vs. personal loan vs. balance transfer: Which is more cost-effective?
- Should I apply for debt consolidation loans or credit card installment payments for my card debts?
- FAQ: Credit card spending installment loan
Credit card installment loan comparison
If you need a quick financial boost for short-term expenses like education fees, the cost of moving to a new flat, or a big purchase, credit card installment plans (but not smart for impulsive purchases!) can be a good option to save the day.
Here is the credit card installment plan comparison in Hong Kong.
| Credit Card Installment Plans Comparison in Hong Kong | ||||||
| Bank | Plans | Installments | Monthly Handling Fee | One-off Installment Fee | Note | Credit Cards Available |
| HSBC | Spending Installment Plan | 6-60 months | 0.18% | Depends on eligibility | Apply via HSBC HK App, the Reward+ app, or by phone at +852 2233 3052 | HSBC Red Credit Card |
| Hang Seng Bank | One-off Handling Fee Plan | 3, 6, or 12 months | – | 3-month installment plan with no handling fee for new customers. | Available to customers who do not have a outstanding balance | Hang Seng MMPower Credit Card, Hang Seng enJoy Card |
| Hang Seng Bank | Monthly Handing Fee Plan | 3-60 months | 0.18% | – | Apply via Hang Seng Personal e-Banking or by hotline 852+2998 6868. | |
| Standard Chartered Bank | Credit Card Statement Installment Plan | 6-60 months | 0.15% | – | Apply via mobile app | Standard Chartered Smart Card |
| DBS | Flexi Shopping: One-off Handling Fee | 3-60 months | – | Depends on eligibility | Apply via DBS Card+ app or hotline at +852 2233 1888 | DBS Live Fresh Credit Card, DBS Black World Mastercard |
| DBS | Spending Installment Plans | 3-24 months | 0% | HK$0 | Apply via DBS Card+ app or hotline at +852 2233 1888 | |
| MOX | Split Purchase | 3-60 months | 0% | HK$0 | It costs what you split. No extra cost charged. | Mox |
| Information Updated as of June 28, 2023 | ||||||
A quick tip: keep in mind that these credit card installment plans are often advertised as “interest-free” or “low-interest.” Still, in reality, they often come with handling fees and one-time administrative fees. So, don’t forget to read the terms and fees carefully before applying.
HSBC credit card with installment loan
If you need to stretch out your credit card expenses over a longer period of time, HSBC’s Spending Installment Plan has got you covered. With a minimum application amount of HK$1,000, you can convert multiple transactions into installments that you can repay over 6 to 60 months.
| Repayment Period | Annualized Percentage Rate | Handling Fee |
| 6 months | 3.76% | Depends on eligibility |
| 12 months | 4.04% | |
| 18 months | 4.13% | |
| 24 months | 4.17% | |
| 30 months | 4.19% | |
| 36 months | 4.20% | |
| 42 months | 4.20% | |
| 48 months | 4.20% | |
| 54 months | 4.20% | |
| 60 months | 4.19% | |
| Information Updated as of June 28, 2023 | ||
Take an example to better illustrate how the interest is calculated: if you pay HK$50,000 in 12 monthly installments, you’ll pay back HK$51,080 in total. The annual percentage rate (APR) for this HSBC plan is 4.04%.
Note: The fees and rates may vary depending on the customer’s eligibility. The rate may be different for a cardholder or additional cardholder under different accounts or primary card accounts.
How to apply for a HSBC credit card loan? Apply via the HSBC HK App, the Reward+ app, or by phone.
Does it have an early repayment fee? If you pay back the amount early, you will need to pay an early redemption penalty, which includes:
- the monthly handling fees for the remaining period under the installment plan
- any interest for the same period
- an administration fee of HK$300
HSBC Visa Signature Card
How can we miss Red Hot Rewards of Your Choice when it comes to HSBC credit cards? Simply put the extra 5X RewardCash and the extra 3X RewardCash of this card into a certain spending category, and you can earn up to 3.6% cash rebates or HK$2.78/mile with no minimum spend.
HSBC Red Credit Card
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- Min. Annual Salary
- HK$120,000
- RewardCash Rebate
- Up to 4%
- Cash back on Supermarket purchases
- 2%
HSBC Red Credit Card is the card you need for online shopping. You can enjoy up to 4% ultimate RewardCash rebate for online spending and 2% RewardCash rebate for spending at the supermarket. RewardCash could be used to redeem air miles or offset monthly spending and single transactions. Plus, a perpetual annual fee waiver is here for you.
Hang Seng Bank credit card with installment loan
Hang Seng Bank’s Credit Card Installment Loan has two plans to offer: the one-off handling fee plan and the monthly handling fee plan. Here is the breakdown of each plan:
One-off handling fee plan
Hang Seng Bank offers a one-off handling fee plan for selected customers who have not held any installment plan, i.e., have no outstanding balance with Hang Seng Bank. With instant approval, you can repay the loan in either 3, 6, or 12 months. And the loan is available until July 24, 2023.
Here is the breakdown of the one-off fee plan’s charges:
| Hang Seng Bank Credit Card Installment Loan: One-off Handling Fee Charges | |||
| Approved Installment Amount | One-off Handling fee For 3-Month Plan | One-off Handling Fee for 6-Month Plan | One-off Handling Fee for 12-Month Plan |
| HK$800-HK$2,999 | HK$0 | HK$20 | HK$40 |
| HK$3,000-HK$5,000 | HK$0 | HK$50 | HK$100 |
| HK$5,001-HK$10,000 | HK$0 | HK$100 | HK$200 |
| HK$10,001-HK$20,000 | HK$0 | HK$150 | HK$300 |
| HK$20,001-HK$30,000 | HK$0 | HK$250 | HK$500 |
| HK$30,001-HK$40,000 | HK$0 | HK$300 | HK$600 |
| HK$40,001-HK$50,000 | HK$0 | HK$400 | HK$800 |
| HK$50,001-HK$60,000 | HK$0 | HK$500 | HK$1,000 |
| HK$60,001-HK$80,000 | HK$0 | HK$600 | HK$1,200 |
| Information Updated as of June 28, 2023 | |||
Monthly handling fee plan
Hang Seng Bank’s monthly handling fee installment plan with a personalized monthly handling fee as low as 0.18% is available to all qualifying customers. The plan offers a longer repayment period of 3-60 months and is available until July 24, 2023.
How to apply? If you are interested, you can easily check if they are eligible either through Hang Seng Personal e-Banking or by calling 852+2998 6868.
Hang Seng MMPOWER World Mastercard
- Annual fee
- Perpetual annual fee waiver
- +FUN Dollars rebate on selected spending categories
- 6%
- +FUN Dollars rebate on Online Retail Transaction
- 5%
The brand new MMPOWER World Mastercard is offering 5% +FUN Dollars rebate on online retail transactions and a 5.4% +FUN Dollars rebate on selected spending categories: Mobile payment, Dining, travel, foreign currency, electronics, and Entertainment. It’s the perfect card for daily expenses.
Hang Seng enJoy Card
- Annual fees
- Perpetual annual fee waiver
- Cash back on local spend
- 2％
- Welcome Offer
- Up to 120,000 yuu Points
【Make Every Grocery Trip Count: Enjoy the Limited-time Offer up to HK$1,298!】
From now until 30 April, new credit card customers* who successfully applied for the Hang Seng enJoy Card via MoneySmart simply spend HK$600 within 30 days after card issuance, can enjoy an extra ACER Trunk Sport 4-wheel Frame Luggage 20” (Retail Value: HK$1,298) or HK$800 Apple Store Gift Card or HK$800 PARKnSHOP Supermarket voucher! You can also enjoy up to 120,000 yuu Points (equivalent to rewards worth HK$600) upon meeting the specified spending requirements!
Hang Seng enJoy Card targets daily spending rebates. You can earn 4X Points (equivalent to 2% rebate) at Pizza Hut, PHD, KFC, and designated Maxims Group restaurants and outlets; 3X Points (equivalent to 1.5% rebate) at Wellcome, Mannings, IKEA, and 7-Eleven; and 2X Points (equivalent to 1% rebate) at GNC, Shell, and other designated Maxims Group restaurants and outlets.
Standard Chartered Bank credit card with installment loan
Standard Chartered Bank lends a helping hand to clients in need. With the SC Mobile app or online, you can apply for an installment loan if you fit their requirements:
- The minimum loan amount is HK$500
- A tenor period ranging from 6 to 60 months
- A monthly handling fee of 0.15%
- Early repayment before the agreed-upon period ends will cost you HK$150 per item.
The interest rate for the loan will depend on the timing of the application. Applying for the loan before the monthly credit card statement is issued can get you a lower interest rate.
Here is the reference for loan interest APR:
| Transaction Amount | Apply for the installment loan before the issuance of credit card statement | Apply for the installment loan after the issuance of credit card statement |
| Tenor | APR | APR |
| 6 month | 3.12% | 3.31% |
| 12 month | 0.37% and 3.36% (with and without cash rebate) | 0.38% and 3.46% (with and without cash rebate) |
| 18 month | 3.44% | 3.51% |
| 24 month | 3.47% | 3.53% |
| Information Updated as of June 28, 2023 | ||
Standard Chartered Bank installment loan cash rebates offer
SCB is offering cash rebates to clients who take out a loan of HK$5,000 or more, but certain requirements apply:
- Standard Chartered credit card or co-branded cardholders (excluding UnionPay Dual Currency Platinum Credit Card RMB account holders and Corporate Card holders) can apply for the Plan.
- Each Statement Installment Transaction must be at least HK$500 (only applicable to new retail purchases charged to a single account). Transactions charged to different accounts cannot be applied to the same Plan.
| SCB Installment Loan Cash Rebate Offer | |
| Loan Amount | Cash Rebate |
| HK$5,000-HK$14,999 | HK$50 |
| HK$15,000-HK$24,999 | HK$200 |
| HK$25,000 or above | HK$500 |
Standard Chartered Bank credit card
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- Cash back on spending at designated stores of HKTVmall
- 5%
- Cash back on local spend
- 5%
- MoneySmart Exclusive Offer
- HK$2,599
【Free AirPods 3 !】From now until 30 April 2024, New Cardholders who successfully apply for Standard Chartered Smart Card now via MoneySmart to get AirPods (3rd generation) with Lightning Charging Case (value: HK$1,399) or $1,200 ParkNshop vouchers or $1,200 Apple store gift card!
【Smart Card x The Coffee Academics - Blue Monday no more! 】Enjoy Buy-1-Get-1-Free offer of any beverage on HK$45 or below EVERY MONDAY!
Standard Chartered Bank Smart Card: 3-month interest-free installments
The Standard Chartered Bank Smart Card offers interest-free installments for its cardholders. For any transaction above HK$500, you can split your credit card bill into 3 monthly installments with just a few clicks. There are no interest charges or handling fees for this service.
However, please note that the bank will deduct HK$1 cashback from the 360° Rewards Redemption Platform for every HK$180 installment amount applied. For instance, if you apply for an installment amount of HK$9,000, the bank will deduct HK$50 in cashback. (HK$9,000/HK$180)
DBS credit card with installment loan
Among all installment loan plans, DBS offers the most versatile credit card installment loan plans: Flexi Shopping, Pay in Installments, and Merchant Interest-Free Installment Loan.
| DBS Credit Card Installment Loan Plans | ||
| Type of Flexi Shopping | One-Off Handling Fee Plan | Monthly Interest Plan |
| Transaction Amount | HK$500-HK$300,000 | HK$2,000 or above |
| Tenor | 3, 6, or 12 months | 6 to 60 months^. For transactions of HK$300,000 or below, 18 to 60 months are available. For transaction amounts above HK$300,000, 6- to 60-month installments are available. |
| Application Channel | 1. Via DBS Card+ app 2. Via application hotline: +852 2233 1888* |
1. Via DBS Card+ app 2. Via application hotline: +852 2290 8333 |
DBS Flexi Shopping: One-off Handling Fee Plan
With the DBS Credit Card, you can apply for Flexi Shopping via the Card+ app and enjoy the flexibility of choosing installment plans ranging from 3 to 60 months. You can even combine multiple credit card transactions into a single installment plan. For purchases of HK$500 or more, you can split your payment with a one-off handling fee as low as HK$20.
The following is the Flexi Shopping One-off Handling Fee Overview:
| DBS Flexi Shopping One-off Handling Fee | |||
| Installment Application Amount | 3-Month Installment Period | 6-Month Installment Period | 12-Month Installment Period |
| HK$500-HK$2,000 | HK$20 | HK$40 | HK$75 |
| HK$2,001-HK$5,000 | HK$45 | HK$55 | HK$120 |
| HK$5,001- HK$10,000 | HK$65 | HK$110 | HK$220 |
| HK$10,001-HK$20,000 | HK$130 | HK$220 | HK$400 |
| HK$20,001-HK$30,000 | HK$210 | HK$380 | HK$700 |
| HK$30,001-HK$40,000 | HK$300 | HK$520 | HK$950 |
| HK$40,001-HK$50,000 | HK$370 | HK$640 | HK$1,200 |
| HK$50,001-HK$60,000 | HK$450 | HK$800 | HK$1,500 |
| HK$60,001-HK$100,000 | HK$650 | HK$1,200 | HK$2,200 |
| HK$100,001-HK$150,000 | HK$1,020 | HK$1,800 | HK$3,250 |
| HK$150,001-HK$200,000 | HK$1,500 | HK$2,500 | HK$4,600 |
| HK$200,001-HK$250,000 | HK$1,800 | HK$3,300 | HK$6,000 |
| HK$250,001-HK$300,000 | HK$2,000 | HK$4,000 | HK$7,000 |
DBS Flexi Shopping with a monthly interest fee plan
Flexi Shopping introduces another option—the monthly interest fee plan. This plan allows you to split your spending into 6 to 60 monthly installments, with a personalized preferential monthly rate as low as 0.19%.
How to apply for the monthly interest fee plan? You can apply for this plan when you accumulate as little as HK$2,000 in spending on your credit card statement. Then, apply through the DBS Card+ app or by calling their hotline at +852 2290 8333, and enjoy tenors ranging from 3 to 12 months.
Pay in installments with DBS credit cards
With DBS Credit Cards, you can enjoy the perk of splitting your payments to designated merchants into 3, 6, 12, or 24 monthly installments without any extra charges. So you can continue to live for your passion without overstretching your budget! What makes it special is that you can just pay and go; no extra sign-ups are required!
What makes a purchase eligible for “Pay in Installments”?
- Pay with DBS Credit cards
- Any transaction of HK$500 to HK$300,000
- For in-store and online purchases from designated merchants
- The Murray Hotel,
- Private I Salon,
- Nail Nail,
- Kids Gallery,
- Av Home, And
- Ps Professional Hair Care Centre.
How to apply for Pay in installment with DBS Credit Cards
To pay for your purchases in installments with DBS Credit Cards, all you have to do is tell the shop assistant that you’d like to use Pay in installments. Then, choose your preferred installment period, and voila! Each installment will be debited from your card account just like a regular purchase, and you can settle it in the same manner. It’s that easy!
A quick tip: if you repay your credit card installment loan before the agreed-upon period ends, the bank will levy a HK$150 charge per item. So make sure not to jump the gun and settle early!
Merchant interest-free installment loan
There are interest-free installment loans offered by merchants that offer 0% interest and no handling fees on installment plans ranging from 3 to 24 months.
Check out the following list of merchants that offer interest-free installment loans for DBS credit cards:
| Merchants With Interest-Free Installment Loans for DBS Credit Card Holders | |
| Category | Merchants |
| Electronic Appliances & Telecom | Fortress, Suning, Wilson Communications, Chung Yuen Electrical, Cheung Mao Kee Electrical, Sony Store, 3HK, SmarTone, Telecom Digital, and CSL |
| Leisure | YATA, SOGO, OTO, OGAWA, OSIM, Tom Lee, Pricerite, TMF, HK School of Motoring, Brand Off, Hannah |
| Jewellery & Watch | Chow Sang Sang, Chow Tai Fook, Luk Fook Jewellery, C.S.S. Jewellery, TSL Jewellery, Prince Jewellery & Watch, Emphasis, King Fook Jewellery, Man Fook Gold & Jewellery, MaBelle, My Jewellery |
| Health & Beauty | DR Reborn, Bella, Oasis Beauty, Glycel, Dermes, Angel Face, Reenex Clinique, Modern Beauty, Elyse Clinique, Ingrid Millet, Slim Beauty, Pure Yoga, Physical (Fitness & Beauty) |
DBS Black World MasterCard
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- Welcome Offer
- Up to 42,000 miles
- Upon meeting local and overseas spending goal*
- HK$3/mile
- Miles Conversion (overseas spend)
- HK$4/mile
【Quick! Apply Today for Exclusive HomePod mini!】From now until 30 April 2024, customers who successfully apply for DBS Blackworld Mastercard via MoneySmart, can enjoy a HomePod mini (retail price: HK$749) or HK$500 Apple Store Gift Card/ Klook Voucher/ PARKnSHOP Supermarket Voucher! You can also earn the bank welcome offer of up to 42,000 miles at the same time!
DBS Black World MasterCard offers you HK$4/mile for overseas spending all-year. Plus, you can redeem air miles such as Asia Miles, Avios, KrisFlyer, and Phoenix Miles for free with the never-expired points. This card gives you discounts at Expedia, Agoda, Zuji, and Hotels.com.
Mox spending installment loan
Mox offers more than just a debit card; it has its own Mox Credit that works just as well. This new way of spending allows you to switch spending from your debit account to Mox Credit in just a few clicks. You can enjoy more financial flexibility when it comes to spending on credits with Mox.
More than that, Mox offers two types of spending installment loans: Split purchases and Split Statements, so you can easily split your payments.
Mox Merchant Split Purchase
“Merchant Split Purchase” is the credit card installment payment solution that splits your purchases into 3-60 monthly installments with 0% interest and 0 fees. Plus, you can split as many purchases as you want and enjoy unlimited 1% cashback.
3 steps to apply for a Split Purchase
Need to split your Mox Credit transaction into smaller monthly payments? No problem!
- Just open the Mox app
- Go to “Activity” session
- Select an eligible transaction of HK$400 or more, tap ‘Split now’ and choose the number of months you’d like to spread the cost over. You can even combine multiple transactions!
To ensure everything’s on track, head to the ‘Activity’ page in the app to verify that your Split Purchase has been successfully applied.
Mox Split Statement
Similar to Mox’s Split Purchase, you can split your statement balance of HK$2,000 or more into smaller monthly payments once the statement is released or up to three days before the payment due date.
3 steps to apply for a Split Purchase
- Open the Mox app and select “Credit”
- Tap “Apply now” next to “Split Your Statement”
- Follow the instructions on the screen to finish your application.
To use Mox’s Split Statement service, make sure to apply via the app after the credit statement is released but before the balance is settled.
Notes on applying for credit card installment payments
If you’re considering getting a credit card installment loan, there are a few things you should know:
When to apply for a credit card loan?
Make sure to give your card issuer a buzz 2 to 10 days prior to your bill’s due date to apply for a credit card loan. Once approved, you’ll be able to break down your payment into 6 to 60 monthly installments, but be aware that the interest fees can be a one-off or a monthly plan, depending on your credit card.
Handling fees
Many credit card installment payment plans attract customers with “interest-free” or “low-interest” offers, but in reality, they may charge handling fees and one-time administrative fees. Therefore, before applying, it is best to spend some time comparing platforms such as MoneySmart or calling the bank to understand the relevant charges and avoid exceeding your budget.
Minimum spending amount
Credit card installment payment plans require a minimum spending amount to enjoy the lowest handling fee, and note that the monthly handling fee may change depending on the individual’s credit account status.
Early repayment fees
Some cardholders may plan to repay their loans early to save on interest charges. However, early repayment may not necessarily save money because of early repayment fees. You can first inquire with the bank about early repayment fees and other fees before deciding whether to repay early.
Credit card installment payment vs. personal loan vs. balance transfer: Which is more cost-effective?
| Credit Card Installment Payment, Personal Loan, and Debt Consolidation Loan Comparison | |||
| Credit Card Installment Payment | Personal Loan | Debt Consolidation Loans | |
| Purpose | Repaying small expenses | No restrictions | Consolidating debts |
| Application Time | Slower | If you need money quickly, personal loans are quicker to approve | Slower |
| Loan Amount | Generally ranges from a few thousand to tens of thousands of dollars | 10 times or more of the monthly salary | 10 times or more of the monthly salary |
| Interest | Roughly 4-5% | Roughly 1-8% | Roughly 1.1-10% |
| Application Method | No additional documents are required. Applied online/over the phone | Identification, address, and income proof are required | Identification, address, and income proof are required |
Should I apply for debt consolidation loans or credit card installment payments for my card debts?
Dealing with multiple credit card debts can be a daunting task. If paying them off in one go is not feasible, credit card installment payments may seem like a viable option. However, beware of the higher interest rates that come with it. If left unattended, the interest can spiral out of control. In such cases, debt consolidation loans may offer a better solution. The key advantage of debt consolidation loans is that they have lower monthly interest rates than staggering credit interest rates.
So, Which one should you choose? Debt consolidation loans or credit card installment payments?
If you’re dealing with credit card debt, you may be considering whether to use credit card installment payments or debt consolidation loans.
Credit card installment payments can be a suitable option for those with a small amount of debt, but if you have accumulated a significant amount of card debt, debt consolidation loans can save you more interest. Additionally, some debt consolidation loans offer customized repayment plans to make the process of repayment easier than credit card installment payments.
Ultimately, it’s important to carefully evaluate your options and choose the solution that best fits your financial situation.
Monthly Payment
HK$13,070
- APR*
- 6.48%
- Total Amount Payable
- HK$300,000
- Total Interest Payable
- HK$13,680
- Monthly Payment
- HK$13,070
【Earn 10,000 SmartPoints Regardless of Approval!】
From now until 30 April 2024, apply for DBS Debt Consolidation Loan via MoneySmart and submit the required documents, you can earn an extra 10,000 SmartPoints (equivalent to HK$1,000) regardless of approval! But that's not all - SmartPoints can be freely exchanged for cash vouchers from 20+ brands or converted into HK$666 cash! Click here to learn more.
【👑Rewards Peaking: Up to HK$32,799!】Take a step to building your wealth by consolidating your debts today!
During Flash Sales (15-30 April 2024), both new and existing customers who successfully apply and drawdown DBS Debt Consolidation Loan via MoneySmart can get up to HK$18,800 rewards. But that's not ALL! Customers could also get an extra MoneySmart exclusive reward: up to HK$10,500 cash vouchers or The New iMac 24-in. (M3) or iPhone 15 256GB or iPad Pro 11-in. (4th generation) Wi-Fi 128 GB! With the DBS coupon and Application Bonus, the total rewards can be elevated up to HK$32,599!
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Monthly Payment
HK$13,100
- APR*
- 4.64%
- Total Amount Payable
- HK$314,400
- Total Interest Payable
- HK$14,400
- Monthly Payment
- HK$13,100
Monthly Payment
HK$13,100
- APR*
- 4.49%
- Total Amount Payable
- HK$314,400
- Total Interest Payable
- HK$14,400
- Monthly Payment
- HK$13,100
Monthly Payment
HK$12,860
- The lowest APR
- 1.88%
- Total Amount Payable
- HK$308,640
- Total Interest Payable
- HK$8,640
- Monthly Payment
- HK$12,860
4 tips for responsible borrowing
Before applying for any types of credit, consider the following tips for responsible borrowing.
- Know your financial situation, daily expenses, and actual borrowing needs.
- Assess your ability to repay and avoid borrowing more than you can handle.
- Always repay outstanding balances on time to avoid late fees and additional interest.
- To borrow or not to borrow? Borrow only if you can repay it.
FAQ: Credit card spending installment loan
What is a credit card installment loan?
Installment plans are a simple way to spread the cost of larger purchases by repaying them in regular installments over a period of your choice. In simple words, buy now, pay later.
A quick tip here is that some banks don’t charge interest for such installment loans, but be aware of the monthly fees instead.
When to apply for credit card installment loans?
Credit card installment loans can be applied for 3 to 10 working days before the due date of the credit card statement after completing the transaction.
Tips: In fact, you can check whether the merchant provides installment payment services before purchasing any product. If the merchant can provide installment services, you only need to choose the installment payment and repayment period when making the payment.
How does a credit card installment loan charge?
Applying for installment loan may require paying additional handling fees and interest, usually charged monthly or as a one-time fee when the bill is cleared. The amount of the handling fee will vary according to the customer’s credit limit and transaction amount. The repayment period ranges from 3 to 60 months.
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