How to calculate the credit card overdraft of 4875 yuan divided into six installments, and how much should be repaid
If it is a China Merchants Bank credit card, apply for bill installment of 4875 yuan in six installments: principal of each installment: 812.5 yuan; each installment Handling fee: 36.56 yuan; total repayment per period: 849.06 yuan. Whether the application is successful or not will be subject to the comprehensive assessment results of the Bank’s Credit Card Center.
How to calculate the 5,000 yuan bill of Bank of China Credit Card in six installments?
The Bank of China Credit Card will be mailed to your mailing address registered with Bank of China by express delivery. The mailing time will be approximately 3-5 In about 1 working day, you can check the limit through the card insertion letter after receiving the card.
The above content is for your reference, please refer to actual business regulations.
How much is the interest for China Merchants Bank Credit Card with 32,000 points in 6 installments?
Calculated based on the handling fee of 0.75 per period:
The handling fee per period = the total principal amount of the installment corresponding to the period The handling rate for each period of the number, that is to say, 32,000 is divided into six periods. The handling fee for each period is 32,000 yuan. 0.75 = 240 yuan. The handling fee for six periods is 2,406 = 1,440 yuan. The handling fee for six periods is 1,440 yuan. . , the principal payable in each period is 5333.33 yuan, and the total repayment in each period is the handling fee of the principal in each period, that is, 5333.33 yuan 240 yuan = 5573.33 yuan.
If I pay 5,000 yuan in six installments with a CCB credit card, how much is the interest per month?
The installment handling fee of CCB is around 0.78 for six installments. The handling fee for each installment is 39 yuan. The total handling fee for six installments is 5000 × 0.78 × 6 = 234 yuan. The handling fee will be deducted in one go. Early repayment procedures Fees are non-refundable. You should repay 1,069 yuan in the first installment, and 833 yuan in each subsequent installment.
Supplementary information:
Credit card bill installment is a service provided by China Construction Bank Credit Card to eligible cardholders to repay their current credit card bill amount in installments from the day after the statement date to the end of the payment period. On the day before the repayment date, as long as the single consumption amount reaches RMB 500 or more, you can apply for installment. The maximum installment amount shall not exceed 90% of the total amount of the bill issued.
Currently, CCB credit card bill installment options include 3, 6, 12, 18, and 24 installments (each period is one month)
Take CCB credit card bill 5,000 Take 12 installments of Yuan as an example. Select the installment bank, installment type, installment amount, and number of installments on the calculator, and click Calculate. You will find that the principal repayment for each installment is 416.67 yuan, and the handling fee for each installment is 30.00 yuan. The total handling fee is 360.00 yuan, and the total repayment in each period is 446.67 yuan.
If you feel it is not accurate, you can calculate it yourself according to the following formula:
1. Repayment principal per installment = installment amount/number of installments = 5000/12 = 416.67 yuan
2. Handling fee per period = installment amount Handling fee = 50000.60 = 30.0 yuan
3. Total repayment amount per period = principal repayment per period Handling fee per period = 416.6730 =446.67 yuan
4. Total handling fee = installment amount Handling rate number of installments = 50000.6012 = 360.00 yuan
Extended information:
Construction required For bank credit card installment business, you can adopt the following methods:
1. Log in to CCB Personal Online Banking, click to enter the "Credit Card" page, select "Card Account Transactions"; then select "Credit Card Installment"; then Select "Consumption Installment Application"; then click on the transaction record that requires installment; and then follow the system prompts to apply.
2. Log in to the latest version of China Construction Bank’s mobile banking client, click “Credit Card”, select “Instalment Repayment”, and then click the “Consumption Installment” menu to apply.
3. Follow the "China Construction Bank" official account on WeChat, then enter the official account, click the "Credit Card" option, enter the "Business Processing Hall", then click "" on the page, and click "For You can apply through the "Consumption Installment" menu if you recommend it.
Everyone needs to note that the Construction Bank installment payment service requires cardholders to apply for a single purchase of more than 300 yuan (inclusive) or the equivalent in foreign currency, and the application must be made 2 days before the latest bill date. (Foreign currency consumption must be within the period from the time the consumption transaction is recorded to 3 working days before the date of the latest statement).
The postal credit card is repaid in six installments of 1,800, how much is the repayment in each installment?
318 yuan. Postal credit card 1800 is repaid in six installments, with each installment being repaid at 318 yuan. The handling fee is calculated based on a handling rate of 0.6%. The calculation formula is the total installment amount multiplied by the handling rate and divided by 6 periods, which is the handling fee per period.
How to calculate the credit card installment fee?
The calculation method of credit card fee is: transaction amount × installment fee rate × number of installments.
The handling rates for different periods are also different and should be based on the standards of each bank. For example, if you spend 6,000 yuan in 3 installments, and the handling fee for the 3 installments is 1.95, then the installment handling fee for each installment is 39 yuan, and the monthly repayment amount is 2,117 yuan. Divided into 6 installments, the handling fee for 6 installments is 3.6, so the installment handling fee for each installment is 36 yuan.
I believe that many people will receive enthusiastic text messages or even phone calls from banks after using their credit cards to remind users that they can use the installment repayment service. The reason given by the bank is that installment has many benefits, such as extending the repayment period of the credit card, reducing short-term financial pressure, avoiding overdue credit cards, etc.
But in fact, the bank cannot afford to pay early if it is not profitable. It is obviously not well-intentioned to so enthusiastically suggest that users choose to repay in installments. So what are the benefits of credit card installment repayment for banks? In fact, it is very simple. Users' installment repayment can bring revenue to the bank, but if the user repays in full before the final repayment date, the bank will not make any money from the user. dime.
From a bank's perspective, vigorously promoting credit card business is ultimately to achieve profitability. And if most credit card users make normal purchases, repay on time, do not withdraw cash within their limit, and do not repay in installments, and everything follows the rules, then there will be no fees and the bank will really become a charity.
The current bank card installment repayment fee is generally 6% per thousand. If your credit card bill is 12,000 yuan and you repay it in one year, then the monthly principal repayment is 1,000 yuan. The handling fee is 72 yuan, and the handling fee incurred from one year to the next is 864 yuan. Then based on the interest rate, the one-year interest rate reaches about 13, which is already a very high interest rate level.
So don’t just listen to the advice the bank gives you. No one will be smarter than the bank in settling accounts.
This is the end of the introduction about how six credit card installments are calculated and how long six installments are. Did you find the information you need?