Nowadays, staging has become a hot spot of consumption. It is common for everyone to buy a car, a house and a mobile phone by stages. Credit cards also have cash installment, bill installment and other installment methods. So which staging method is more cost-effective? Take CCB credit card as an example to give you a detailed introduction.

In fact, the main difference between CCB credit card cash installment and bill installment lies in the different charging standards for installment fees, as shown in the following figure:

The repayment formula of both is the same:

Repayment amount per installment = principal per installment+handling fee per installment;

Principal of each installment = total installment amount/installment number;

Handling fee for each installment = total installment amount * installment rate;

It can be clearly seen from the above table that the handling fee rate of bill installment is lower than that of cash installment.

For example:

Xiao Li borrowed 50,000 yuan from CCB by credit card and paid it off in three installments. Let's calculate the fees and interest for the next two periods, as follows:

Cash installment = 50,000 yuan

Bill installment = 50,000 yuan

Therefore, it is more cost-effective for CCB credit card to handle bill installment than cash installment. I want to give you the benefits of CCB credit card at the end of 20 17, as follows:

1. Cash installment: 20 17 12 3 1. If a single cash installment is more than 5,000 yuan (inclusive) and the number of installments is 6 or more, you can enjoy the preferential rate of the benchmark, that is, 3 installments, 6 installments, 12 installment and 18 installment.

To sum up, it is obvious that the credit card bill installment of CCB is much more cost-effective than the cash installment. A friend in need should grab the tail of the year-end discount and handle it.

, you can handle all kinds of credit cards quickly and safely.