How many installments are there for Bank of Communications credit cards?

The number of installments for Bank of Communications credit cards are 3, 6, 9, 12 and 24, and the maximum cannot exceed 24. . The number of periods here refers to months, one period is one month, and 24 periods means 24 months.

Bank of Communications credit card installment interest standards:

1. The monthly rate is 0.72% for transaction amounts between 1,500 (inclusive) and 6,500.

2. The monthly rate is 0.70% for transaction amounts between 6,500 (inclusive) and 12,500.

3. The monthly rate is 0.68% for transaction amounts above 12,500 (inclusive).

The handling fee for each period = the total principal amount of the installment × the handling rate for each period of the corresponding period. For example, if the installment payment is 5,000 yuan, the handling fee for each period will be 36 yuan.

Extended information:

You need to pay attention to the following aspects when applying for Bank of Communications credit card installment:

1. Credit card installment will charge a certain handling fee, and once the installment is applied for, it is irrevocable. If you need to terminate the installment in advance, the handling fee will still be charged;

2. In addition to installment payment, if you cannot pay it off in one go, you can also choose to pay at least the minimum repayment amount, which will not affect the cardholder Current credit record, but interest will be charged at 0.05% per day.