How to calculate the interest on installment payment of Ping An Credit Card?

Ping An Credit Card provides bill installments and single consumption. The installment fee is fixed and no interest is generated.

Time to apply for bill installment: The deadline for bill installment application starts from the day after the bill is issued, and can be applied until the 1st of the due payment date. For example: the customer issues the bill on the 5th of each month, that is, from the 6th to the 24th. Can apply.

The application time for installment payment for a single transaction: from the day the card is swiped to the date of the latest bill. For example: the customer's bill date is the 5th and the consumption is the 23rd, that is, the application can be made from the 23rd to the 5th of the following month.

The installment fee is charged as follows:

The number of bill installments and the fee rate are as follows:

Extended information:

Ping An Credit Card Installment repayment, handling fee: 0.85% for 3 installments; 0.8% for 6 installments; 0.75% for 12 installments; 0.75% for 18 installments; 0.72% for 24 installments; handling fee = installment principal and handling rate for each installment.

1. Application amount: The single consumption amount shall not be less than 500 yuan, and the maximum shall not exceed 50,000 yuan.

2. Application time: You can apply from the day of consumption to the day of the current bill (inclusive). For example: Suppose your bill date is the 25th of each month and your consumption date is June 10, then the application time is from June 10 to June 25.