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Old 10.12.2014, 16:52
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How to use credit card and split payment?

Hi

Probably a stupid question with an obvious answer but how do I split a purchase from IKEA to multiple payments?

I don't want to pay 3000chf at once but pay 1000 for the next 3 months, using my credit card (unless I can do with Maestro too)

Any easy way to do this? Is this something to take with my bank or should the shop i buy from support it?
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Old 10.12.2014, 16:59
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Re: How to use credit card and split payment?

Change your credit card contract to one where it acts as a credit card and not as a charge card.
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Old 10.12.2014, 17:01
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Re: How to use credit card and split payment?

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Change your credit card contract to one where it acts as a credit card and not as a charge card.
What do you mean? I havent tried it yet,I dont think my card has anything wrong with it. I just dont know how I could initiate this, would itbe on the vendor's site or something I would setup through ebanking etc

I just found this: http://www.ikea.com/ms/en_AU/custome...e_finance.html

I am looking for something similar in CH
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Old 10.12.2014, 17:02
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Re: How to use credit card and split payment?

If I log on onto the website from my bank (where I have my credit card), it gives me the option to pay the full amount or only a partial amount. Just realize that the interest charged can be quite high.
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Old 10.12.2014, 17:03
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Re: How to use credit card and split payment?

Yes I know I can do that, in general I want to repay the full amount each month.

But only for this purchase, I want to do it in 3 payments. Isn't that something I can do?
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Old 10.12.2014, 17:05
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Re: How to use credit card and split payment?

As said, log on on the website and choose partial payment for this month. Normally you can change every month what amount you want to pay.
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Old 10.12.2014, 17:07
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Re: How to use credit card and split payment?

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Yes I know I can do that, in general I want to repay the full amount each month.

But only for this purchase, I want to do it in 3 payments. Isn't that something I can do?
1) Goto E-banking
2) Set payment option to "partial amount"
3) Pay "partial amount" for 3 months
4) Set payment option to "full amount"

DONE
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Old 10.12.2014, 17:08
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Re: How to use credit card and split payment?

A vendor may offer you a line of credit, so you can pay them 1000CHF per month for three months.

That is entirely separate from the payment method - in this case your credit card.
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Old 10.12.2014, 17:09
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Re: How to use credit card and split payment?

Thanks will try it when I go home and update
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Old 10.12.2014, 18:55
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Re: How to use credit card and split payment?

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Hi

Probably a stupid question with an obvious answer but how do I split a purchase from IKEA to multiple payments?

I don't want to pay 3000chf at once but pay 1000 for the next 3 months, using my credit card (unless I can do with Maestro too)

Any easy way to do this? Is this something to take with my bank or should the shop i buy from support it?
Others seem to have misunderstood, but I'm thinking that what you're trying to do here is pay Ikea 1000 per month for three months, using your credit card, and not to pay it all at once and then just pay 1000 off your card balance each month.

In which case it's solely down to IKEA. If they do this sort of thing, then they'll take your credit card and make the three deductions from it when they're due. Like a (UK) direct debit. but from your credit card rather than bank account. But as I say, whether that's possible is up to the vendor and not you, nor anyone else here
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Old 10.12.2014, 19:00
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Re: How to use credit card and split payment?

Pay full amount on credit card, and just make a monthly repayment of 1000 to your c.c. company ..... this will be above minimum payment, but will incur interest charges - but that is normally the case, when you're using someone else's money (that's why it's called a credit card).
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Old 10.12.2014, 20:50
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Re: How to use credit card and split payment?

Quote:
Others seem to have misunderstood, but I'm thinking that what you're trying to do here is pay Ikea 1000 per month for three months, using your credit card, and not to pay it all at once and then just pay 1000 off your card balance each month.

In which case it's solely down to IKEA. If they do this sort of thing, then they'll take your credit card and make the three deductions from it when they're due. Like a (UK) direct debit. but from your credit card rather than bank account. But as I say, whether that's possible is up to the vendor and not you, nor anyone else here
That was my understanding of the question too but thought i must have been mistaken as nobody else seemed to understand it that way.

I doubt very much that IKEA will allow three monthly installments and suspect the only way to do it is to put the whole lot on the credit card and pay 1000chf per month for three months.
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Old 10.12.2014, 22:20
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Re: How to use credit card and split payment?

Another option, but probably not one the OP finds practical - Save that 1K for the next 3 months and then pay cash for your furniture. Maybe check the Marketplace here - many folks have IKEA items for sale or even free. You might get by with a few pieces from here while saving for the big purchases you really want.
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