Card Limit
A single credit limit will be determined to be used for revolving transactions and installments.

Installment Plan
Any purchase you make under $1,000 will be treated as a normal revolving transaction. At the end of the month, you will settle the outstanding balance either in full or partial payment (with a minimum of 10%).

But here’s the difference: Any purchase over $1,000 will be automatically billed to you in equal monthly installments according to the pre-determined schedule of the “Universal Installment Plan”

Monthly Statements
You will receive two comprehensive monthly statements:

	The first statement will detail all revolving credit card transactions and their monthly minimum payment.
	The second statement will detail all installment transactions and their monthly minimum payment.

Monthly Payments

For revolving & installment transactions, all settlements you make will be added to your remaining limit and will therefore be available for you to use again.