The interest-free installment payment service of credit card introduced by the bank refers to the number of times that the cardholder agrees to pay off the overdraft after shopping in the mall with the credit card. During the repayment period agreed by both parties, the bank does not charge overdraft interest.

The bank will not lend you money for nothing. Cardholders need to pay a certain handling fee when handling interest-free installment repayment of credit cards.

The landlord can calculate the account himself: if the consumer applies for three-phase repayment, the bank will charge a handling fee of 0.7% per month; If you apply for 12 installment repayment, the bank will charge a handling fee of about 0.6% per month, and the total handling fee for one year is as high as about 7.2%, which is equivalent to the loan interest rate of the same grade (for example, the annual interest rate of CCB's short-term loans is 7.29%).

Take credit card overdraft to buy household appliances worth 654.38+100000 yuan as an example. The cardholder needs to pay a handling fee of about 720 yuan for the repayment of the 654.38+02 installment; If you buy a loan of 6,543,800 yuan in the same period, you only need to pay interest of 729 yuan.

Therefore, it is strongly recommended that the landlord should also do what he can when spending by credit card. Do not be a slave. Remember, I'm the victim.