You can choose to pay 5000 in full after swiping the credit card 5000, or you can choose to pay in installments, with the minimum repayment amount per installment. The minimum repayment amount refers to the minimum monthly repayment amount of a credit card, which is displayed on the bill of the credit card in the current month. If you can't pay off in one lump sum, you can pay off the minimum repayment amount on time before the final repayment date, without affecting your personal credit, but you can't enjoy the interest-free repayment period. All consumption in the current period will bear interest from the bookkeeping date, with a daily interest rate of five ten thousandths. (You can enjoy the interest-free period of credit card consumption if you repay in full and on time) The process in which the bank pays the consumer funds of the goods (or services) purchased by the cardholder to the merchant in one lump sum, and then the cardholder repays the money to the bank in installments. According to the cardholder's application, the bank deducts the consumption funds by stages through the cardholder's credit card account, and the cardholder repays according to the monthly amount.
1, the number of bank installments is 3, 6, 9, 12, 24, and the handling fee rate is 0.60%. The handling fee is charged monthly in the current period.
2. For example, 5000 yuan is divided into 12 installments, and the total handling fee is: 5000 * 0.6% *12 = 360; Total principal plus handling fee =5000+360=5360.
Credit card installment payment refers to the process that the bank pays the consumer funds of the goods (or services) purchased by the cardholder to the merchant in one lump sum when the cardholder uses the credit card to make a large amount of consumption, and then the cardholder repays the money to the bank in installments. According to the cardholder's application, the bank deducts the consumption funds by stages through the cardholder's credit card account, and the cardholder repays according to the monthly amount.
The main benefits of credit card installment payment:
1, enjoy first, then pay.
2, no guarantor, simple procedures.
3. Fixed time and easy payment.
4. Payment is optional, and monthly repayment amount is optional.
5. More space to choose payment methods.