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Can China Construction Bank pay by installment after its credit card is overdrawn? How to calculate repayment?
Hello, landlord! If the credit card is within a fixed amount, you can apply for installment repayment.

There are three options for applying for installment payment of 3000 yuan: divided into three installments, six installments and 12 installments, and the corresponding handling fee rates are 0.7%, 0.6% and 0.6% respectively. There is no interest on the installment of consumption, and the handling fee is charged in full every month.

For example, 3,000 yuan is divided into 6 installments, and the monthly repayment amount is, 3,000/6+3,000 * 0.6% = 518 yuan.

Remember to apply for installment payment three working days before the bill date. It is recommended to call 400 for consultation before applying to see if it meets the application conditions. If the installment application is unsuccessful, you can choose the minimum repayment amount.

Please refer to the bill for the minimum repayment amount. If there is only a transaction of 3,000 yuan, the minimum repayment amount is generally 300 yuan.

At least there will be interest, and the interest will be calculated at 0.5 ‰ of the current bill amount every day from the date of consumption.

3,000 yuan, with daily interest of 3,000 * 0.05% =1.5 yuan.

That's about it. I hope my answer can help the landlord ~