That’s right, for ICBC credit card installment business, you need to pay all the handling fees in the first installment. The first repayment includes all handling fees and the principal of the first installment. For example: 10,000 yuan in 12 installments, the current handling fee rate is 4%.

Pay the first installment like this: handling fee 10000X4% 10000÷12=400 833.33=1233.33 yuan

You can pay 833.33 yuan in each subsequent installment.