ICBC credit card installment payment does not require interest, but you need to pay corresponding handling fees.
The handling fee is calculated according to the total installment amount × installment rate. The installment rate is different for different installment numbers. The handling rates for ICBC credit cards divided into 3 installments/6 installments/9 installments/12 installments/18 installments/24 installments are 1.03/1.8/2.75/3.58/5.36/7.05 respectively. If your total installment amount is 10,000 yuan and you choose to divide it into 3 installments, you will need to pay a handling fee of 10,000 × 1.03 = 103 yuan.
Industrial and COMMERCIAL BANK OF CHINA (ICBC, ICBC) was established on January 1, 1984. The head office is located at No. 55, Fuxingmennei Street, Beijing. It is a large state-owned bank.
The basic mission of ICBC is to raise social funds through domestic and foreign financing activities in accordance with national laws and regulations, strengthen credit fund management, support enterprise production and technological transformation, and serve my country's economic construction.
In February 2017, Brand Finance released the list of the top 500 global brands in 2017, with Industrial and Commercial Bank of China ranking 10th.
Bank card business
ICBC is the largest credit card issuer in China and one of the issuers with the most complete range of credit card brands. Continuously launch new products such as Euro credit cards, Peony Express commercial cards, Peony UnionPay cards, Peony sports cards, and new versions of Peony transportation cards;
Promote the construction of business outlets service systems, VIP customer service centers and other channels; actively choose overseas Institutions issue cards as agents and further strengthen cooperation with international card organizations.
At the end of 2007, the number of credit cards issued was 23.38 million, and the consumption amount was 161.9 billion yuan. It continued to maintain its leading market position in both card issuance volume and consumption amount. The credit card overdraft balance was 8.241 billion yuan, an increase of 59.5%.
As of the end of 2009, the number of ICBC credit cards issued exceeded 52 million, an increase of nearly 13 million in one year, an increase of 33%. It not only continues to be the number one credit card issuing bank in China, but also During the year, it continuously surpassed three world-class credit card giants including Discover, American Express and Capital One, achieving a perfect "triple jump" and becoming the fourth largest credit card issuer in the world after JPMorgan Chase, Bank of America and Citigroup.
Establish a personal financial service model with a debit card as the platform; rely on the advantages of one card for multiple accounts and one card with multiple functions of the Peony Money Link Card to strengthen the integration of marketing channels; give full play to the payment and settlement role of the Peony Money Link Card to divert traffic Cabinet pressure.
At the end of 2007, the number of debit cards issued was 187 million, an increase of 8.58 million, and the annual consumption volume was 454.3 billion yuan, an increase of 7.14%.
At the end of 2007, the number of bank cards issued exceeded 210 million, an increase of 21.49 million. Bank card business income was 4.537 billion yuan, an increase of 40.6%.