First of all, the definitions of the two are different.

Bank of Communications credit card installment refers to the repayment of 3-24 months according to the bill amount, and the monthly payment of principal and handling fee. The monthly interest rate depends on the installment period. If there is an amount that cannot be paid in installments, it needs to be repaid every month.

The flexible repayment of Bank of Communications credit card refers to the repayment in installments according to a certain proportion of payment within one or two years, the first repayment, and the repayment of principal at maturity, which is similar to the interest first and the principal later. If there is any unpaid amount, it must also be repaid in the current period.

Second, the threshold of different stages

The minimum credit card installment limit of Bank of Communications is RMB 500 yuan or US$ 60, and the maximum credit card installment limit shall not exceed RMB 350,000 or US$ 65,438+US$ 0.57 million.

The flexible repayment amount of bank credit card is ≥ 100 RMB or USD 20.

Third, the charging methods are different.

Payment of bank credit card installment repayment, the handling fee can be charged in one lump sum or installment, and the one-time charge needs to be paid in the first installment.

Bank credit card flexible repayment only charges a handling fee and only charges a down payment fee.