How to pay in installments using a credit card.

To make installment payments via credit card, customers need to ensure the following conditions are met: the credit card must be in their name and still active; the credit card must not have a history of late payments; and the credit limit balance at the time of installment application must be equal to or greater than the total amount to be paid in installments.

Here are some ways to pay in installments using a credit card:

Installment payments can be made at the bank counter.

Customers can make installment payments directly at bank branches by following these steps:

Step 1: Customers bring cash, identification documents (ID card/citizen identification card), and credit card to the nearest branch of the bank that issued the card.

Step 2: Ask the teller to process your installment payment.

Step 3: The staff will check the installment payment information and inform you of the amount to be paid. The customer pays the amount and signs the transaction receipt to complete the process.

Automatic installment payment

Automatic installment payments via credit card is a feature that automatically deducts money from your payment account at the same bank to pay off your monthly credit card installment balance. This feature saves customers time and prevents them from forgetting payment dates, thus avoiding unexpected penalties and interest charges.

To enable automatic installment payments, the bank card must have an amount of money equal to or greater than the credit card balance.

Here's how to register for the automatic installment payment service:

Step 1: Customers bring their ID card/citizen identification card/passport and credit card to the branch/transaction office of the bank that issued the card.

Step 2: Fill in the information as instructed on the automatic installment payment registration form.

Step 3: Submit the application and relevant documents to the bank staff, pay the fees, and wait for the procedure to be completed.

Pay in installments with your credit card via Mobile Banking.

Users can make installment payments via credit card on Mobile Banking quickly and conveniently by following these steps:

Step 1: Access Mobile Banking and select the "Cards" section.

Step 2: Select the credit card the customer will use for installment payments.

Step 3: Select the transaction that is due for payment and click the "Pay" button.

Step 4: Enter the amount corresponding to the request on the screen > Double-check the transaction information > Press "Complete".

Step 5: The application will send an OTP code to the cardholder's phone > Enter the OTP code to verify.

Things to note when making installment payments via credit card.

When making monthly installment payments via credit card, customers should keep the following points in mind to ensure convenient and secure payments:

- Pay on time: The total installment amount will be deducted from the customer's credit card balance. Therefore, customers need to pay their credit card balance on time to avoid incurring penalties and late payment interest.

- Check your monthly installment statement: You should check your monthly installment statement to understand the payment schedule and the amount you need to pay in the next installment, so you can plan your spending to ensure you can make the payments.

- Early installment payments are possible: Customers can make early installment payments, but they must pay the entire remaining balance on their credit card; partial payments are not permitted.

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