The installment interest of Bank of Communications credit card is calculated at 0.5 ‰ of the daily interest rate, and the handling fee is comprehensively determined according to the number of installments, the total number of installments and the installment handling fee rate corresponding to the number of installments.

There are six stages of transportation, namely, 3, 6, 9, 12, 18 and 24, and the handling fee rate of each stage is 0.72%. Handling fee per installment = total installment principal × handling fee rate per installment corresponding to the number of installments, and the handling fee is charged on a monthly basis.

Extended data:

Precautions:

1. Installment payment requires a certain fee. The more installments, the lower the installment interest rate, and the installment fee is different from bank to bank. Regardless of whether there is a bill or not, the installment fee is calculated according to the installment interest rate. The bank encourages cardholders to pay by installments. If there is no economic pressure, it is best to repay in full.

2. Some consumption can't be divided into stages: for example, the part with temporary quota, such as the part to be paid back in the previous period (the installment applied for last month, 200 this month, this 200 can't be divided).

3. Prepayment fee is also charged: Most banks stipulate that once the credit card bill is paid in installments, if the installment fee is paid monthly, even if the repayment is made in advance, the fees for the remaining months still need to be paid in full.

Baidu Encyclopedia-Bank of Communications Credit Card

Baidu encyclopedia-credit card bill installment