Extended information:
1. Definition of credit card:
Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to qualified consumers. It is in the form of a card with the name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to special commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limit.
second, the installment fee rate of credit cards in banks:
1. ICBC credit card installment fee: 3-phase free, 6-phase 1.8%, 9-phase 2.7%, 12-phase 3.6%, 18-phase 5.85%, 24-phase 15.6%. (One-time charge)
2. ABC credit card installment fee: .6 per month.
3. Bank of China credit card installment fee: 1.95% for three periods, 3.6% for six periods, 5.4% for nine periods, 7.5% for 12 periods, 11.7% for 18 periods and 15% for 24 periods (one-time charge)
4. CCB credit card installment fee: .7% for three periods, and .6% for both six periods and 12 periods.
5. Credit card installment fee of CITIC Bank: 1.5% for the first installment, .82% for the third installment, .82% for the sixth installment and .77% for the twelfth installment (charged every month).
6. installment fee of Shanghai Pudong Development Bank Credit Card: .72% for the 3rd installment, .7% for the 6th installment and .66% for the 12th installment (charged every month)
7. installment fee of China Merchants Bank Credit Card: 1.% for the 2nd installment, .9% for the 3rd installment, .75% for the 6th installment, .7% for the 1th installment and .66 for the 12th installment.
8. installment fee of bank of communications credit card: .72% per month (charged every month).
9. installment fee of guangfa credit card: .65% for the 6th installment and 12th installment, .7% for the 18th installment and .72% for the 24th installment (charged every month).
3. There are two ways of credit card installment:
1. Single consumption installment. Generally, a single consumption of 6-1 yuan can be applied for installment payment. The standards stipulated by banks are slightly different. Just call the bank customer service phone to apply for installment from the next day of consumption to three days before the billing date, which can be divided into 3, 6, 9, 12, 18 and 24 installments. The installment fee is .6% for each installment.
2. Pay the bill in installments. Call the bank customer service phone to apply for installment after the bill is issued to 3 days before the repayment date. The installment fee is the same as that of a single installment.