Minsheng Bank Credit Card is worth 50,000 yuan in 12 installments, how much is the repayment in one month?

1, it is necessary to repay 4501.67, the number of installments and the handling rate, Minsheng Bank Credit Card is 50,000 yuan in 12 installments The installment rate is 0.67%, so the monthly repayment amount is: 50000x0.67%+50000/12=4501.67 yuan.

2. If you are using a China Merchants Bank credit card, apply for installments that have been billed. The installment amount can be up to 95% of the total new RMB card consumption in the current period. After the application is successful, you only need to repay the uninstalmented amount of the current bill. , the first installment amount and handling fee will be included in the next installment's bill.

Handling fee per period = total installment amount × handling fee rate per period. The total principal amount of the installment is amortized evenly on a monthly basis, and the remainder is included in the last installment.

The installment amount of each installment and the handling fee of each installment are recorded at the same time. Our bank provides cardholders with personalized options of 3, 6, 10, 12, 18 and 24 periods. The corresponding fee rates for each period are 0.9%, 0.75%, 0.7%, 0.66%, 0.68%, 0.68%.