The Bank of Georgia Instant Installment gives customers a pre-set credit limit they can use to buy goods at partner stores and pay in monthly instalments. The limit can be requested and managed directly in the bank’s mobile app.
Installment terms, the number of months and any interest depend on the merchant promotion and the client’s limit, with details confirmed at the point of purchase.
What's good
- Pre-approved limit usable instantly at partner stores
- 0% interest on select merchant promotions
Trade-offs
- Limited to partner merchants
- Interest applies outside promotional offers