Citibank Credit Card Installment FAQ

How do I handle Citibank credit card transactions in installments?

The master card holder himself calls the Citibank Credit Card 24-hour customer service hotline or logs into Citibank Internet Bank to request a transaction installment during the 2 working days between the credit card credit card credit account (usually 3 working days after purchase) and the next billing date.

How do I handle Citibank credit card bills in installments?

The master card holder may call the Citibank Credit Card 24-hour customer service hotline or log on to CitiBank Internet Bank to request a billing installment from the day of the bill issued and 5 working days before the due date of the bill.

Will my credit limit be affected after my application is successful?

After the cardholder successfully applies for installments, the installment principal amount and the fee expected to be charged will be fully credited to the used credit line, which will be restored according to the amount of the amount of the credit the cardholder is due in each instalment.

How is the amount payable per installment calculated?

The amount payable per period/bill installment for each period of your transaction period includes the "principal amount payable for each instalment" and "the fee payable for each period."

The principal amount payable in each instalment is the total amount of the installment principal, the number of installments.

The calculated "principal payable in each period" retains the decimal points after the decimal point, and the difference portion is combined into the first phase of the installment amount together.

Each installment payable in installment s s/ total installment principal x installment fee rate

Your installment amount payable for each period will be the minimum amount charged to the current period.

After the billing installment application is successful, will i not have to pay the current bill?

Even if you have applied for a full billing instalment, you will still have to repay the minimum payment before the current bill due date, or you will be charged late fees and interest accordingly. If you do not repay your current minimum payment by the next billing date, we reserve the right to terminate immediately and early the billing instalments you have requested for and to charge a one-time bill payment of the remaining principal amount of the bill instalment and the billing instalment fee for all remaining periods to which you are liable.

Do I need to settle my installmentwhen when my Citibank credit card is written off?

The cardholder requests to cancel the card before the installment has been settled, and needs to pay off the outstanding amount of the consumption installment in advance, and then apply for cancellation.