according to the actual situation, choose the minimum repayment or installment payment. Of course, installment repayment is more cost-effective and can be free of interest, and the minimum repayment needs to pay interest.

Bank of Communications' credit card installment charges interest:

Bank of Communications' credit card installment charges no interest, only a handling fee.

the handling fee is calculated according to the installment amount. In installments of 15-65 yuan, the handling fee rate is .72%; 6,5-12,5 yuan in installments, and the handling fee rate is .7%; The handling fee rate is .68% for installments above 12,5 yuan.

According to a personal example, if you pay 1, yuan in six months, the monthly repayment amount:

repayment amount = principal/number of installments+principal × handling fee rate

= 1,/6+1,× .7%

= 1,726.67 yuan.