Extended content: Interest-free installment payment means that the bank cooperates with merchants to provide certain products or services to credit card holders, and the bank first pays the products purchased by the cardholders in full to the merchants in one lump sum.
The cardholder will use the credit card to repay the bank in installments. You don't need to pay interest as long as you pay in monthly installments.
Matters needing attention
1. is not completely free, and you have to pay a certain handling fee to the bank;
The price of the goods it buys is higher than the market price.