New Delhi, Jan. 30 -- Have you run up a huge credit card bill? Finding it tough to make the bulk payment in a single stroke? Converting some of your big-ticket transactions on your credit cards into EMIs (Equated Monthly Instalments) to ease the pressure can well be the answer.

But there are several things you must be aware of-interest rates, exclusions, the impact on credit score, credit limit and credit utilisation ratio before you convert your large bills into EMIs. Here is a step-by-step guide on converting big-ticket credit card transactions into EMIs.

You have to first check with the lender to know whether your credit card is eligible for the same. This can be done either through net banking or phone banking. Once you find out tha...