There is no interest for daily consumption. If you repay the money within the repayment date, there will be no interest. There is interest for cash withdrawals and there are handling fees. There is no interest for repayment in installments, but there are handling fees. And the more installments you have, the more money you have to pay. Therefore, if your financial resources allow, try to choose a shorter installment period, or pay back the entire amount.

Extended information:

A credit card is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the specified credit limit. The so-called credit card generally refers to a credit card only.

Reference: Credit Card-Baidu Encyclopedia