The so-called "interest-free installment payment" means that the cardholder can immediately own the long-awaited goods with high unit price by paying part of the money every month. All the money is generally divided into three months, six months or 12 months. Consumers are free to pay interest, and the total amount of installment payment by cardholders is completely equal to the product price.

At present, China Merchants Bank, Guangfa and other credit cards can help you buy a laptop by interest-free installment.

The benefits of this installment payment are obvious, so you don't have to worry about your one-time investment. It is a good way to "spend in advance" for social fresh people who have no funds at hand but have a fixed income every month and are eager to buy "notebooks". It is somewhat similar to the purchase method of "zero down payment, zero interest rate" common in American life.

Moreover, now the application is very simple and all credit card holders can enjoy it. In the past, in the installment payment provided by the bank, the applicant had to fill in many forms and documents in addition to providing a large number of financial certificates and guarantee certificates, which was cumbersome; Now the applicant only needs to have a bank credit card.

It is worth mentioning that another advantage of GDB card is that it is more convenient to repay. In addition to repayment at the outlets of Guangfa Bank, cardholders can also handle the repayment business of Guangfa Card at the outlets of seven joint-stock commercial banks such as China Merchants, CITIC, Minsheng, Everbright, Xingye, Huaxia and Shenzhen Development, more than 400 postal savings and remittance outlets and more than 300 rural credit cooperatives in the city. China Merchants Bank can repay not only at its own outlets, but also through the other seven bank outlets participating in the "Counter Link".

The interest-free price is higher than the market price.

At first glance, consumers get the greatest benefits through credit card consumption in this installment purchase method, and the procedures are also very convenient. But after careful study, it may not be cost-effective to buy a "laptop" from the bank.

Although the credit card solves your temporary cash flow problem, there are not many kinds of "books" that can be purchased without interest, and the quotation is generally higher than the market price. Moreover, the market reference price provided by the bank itself is several hundred yuan or even several thousand yuan higher than the quotation in the computer mall. For example, for an IBM ThinkPad X40 237 16KC, the market reference price given by China Merchants Bank is 20888 yuan, but after the author walked around the computer malls such as Pacific Digital Plaza and Bainaohui, the highest price given by the dealer was only 17300 yuan, and some even lower. The following is a comparison of the market price and interest-free price of several models launched by China Merchants Bank and Guangfa Bank.

Nothing for nothing. As commercial organizations, the goal of banks and manufacturers is to profit from every business. Because the bank gave the consumer the right to use the product before you paid, the quotation was slightly higher than the general market price. Although "zero down payment, zero interest rate" makes people itch, in fact, banks have included profits in interest-free quotations.

If the average consumer doesn't pay attention to the price comparison of similar goods in the market, then he doesn't know how much he has paid for this extra cost. However, banks are also aware of your "one-time payment shortage", so they dare to make a fuss about it.

What's more, the interest-free quotation of the same laptop in different banks is different. Toshiba A 100 needs 13980 yuan to buy with China merchants bank credit card, and 14988 yuan to buy with guangfa. I don't know the reason for the price difference of 1008 yuan. The only difference is that the two banks have different installment periods. Similarly, IBM ThinkPad X40 237 16KC also has a price difference of 492 yuan, so those careless consumers may pay more for it.

"Interest-free" does not mean "zero interest rate"

Although the bank has launched the slogan of "interest-free installment payment", "zero interest rate" is just a beautiful hydrangea. In fact, consumers get interest-free loans in this way. If consumers go directly to the market to buy the same product through the bank's small consumer loan, they will find that the sum of this "interest-free installment payment" is not necessarily lower than the sum of the principal and interest of the small consumer loan.

Generally, we all know that it is possible to get a "personal consumption loan" when going to the bank. Our protagonist Xiaoxi also went to China Merchants Bank to consult this matter. She calculated such an account and compared the advantages and disadvantages of the two methods. Xiaoxi took a fancy to the "notebook" of IBM ThinkPad R 511829 JNC of Guangfa. The interest-free quotation of the bank is 13980 yuan, and the market price is 12500 yuan. If Xiaoxi can successfully apply for a loan of 12500 yuan, the loan term is also 12 months, and the bank gives her a fixed loan interest rate of 5.58%, then the sum of the principal and interest to be paid back to the bank after 13 197.5 yuan is still given by China Merchants Bank. Therefore, with credit card installment payment, the bank's quotation actually contains a certain interest rate.