Interest will only be generated after credit card consumption, and it cannot be paid off in full before the due repayment date (inclusive). It is charged at the interest rate of 5/10000 per day and compounded monthly. Also, credit card withdrawals cannot enjoy interest-free period, so interest will be charged at the rate of five ten thousandths per day from the date of withdrawal until the cardholder pays it off in full.
As for the installment fee, it is the fee charged according to the number of installments selected by the cardholder after the cardholder applies for installment business. Different banks will have different credit card installment fee rates, different installment business and installment times, and different installment fee rates.
Take China Construction Bank as an example. The charge rate of each credit card bill is: 0.75% for three installments, 0.70% for six installments, 0.65% for 10, 0.60% for 12, 0.60% for 18, and 0.62% for 24 installments, which are charged monthly. The handling fee rate of each consumption installment is: 0.70% in the third installment, 0.60% in the sixth installment, 0.60% in the 10 installment, 0.60% in the 12 installment, 0.60% in the 18 installment and 0.60% in the 24th installment.
Credit card installment payment refers to the process that when the cardholder uses the credit card to make a large amount of consumption, the bank pays the consumer funds of the goods (or services) purchased by the cardholder to the merchant in one lump sum, and then the cardholder repays the money to the bank in installments and pays the handling fee. According to the cardholder's application, the bank deducts the consumption funds and handling fees by stages through the cardholder's credit card account, and the cardholder repays according to the monthly recorded amount.
Frequently asked questions about installment payment:
1. What is installment payment? To put it simply: it is convenient and quick to buy a mobile phone by stages, and it can also alleviate the temporary economic pressure and avoid one-time payment. According to personal situation, it can be divided into 1-24 periods.
2. What kind of people are suitable for buying digital products by stages? Suitable for those who are eager to have the most cutting-edge scientific and technological products at the first time, and one-time payment of soft sister coins is not enough; Or netizens who will feel very painful when they pay in one lump sum.
3. What do I need to buy a machine by installment? And its staging process? Here we take Esso Digital as an example: ID cards, bank cards (such as ICBC, ABC, CCB, etc. ); Conditions for staging students at school: ID card, bank card and student ID card (Xuexin.com can find relevant information, so we can stage mobile phones in our physical store). Of course, other information, if any, can also be brought, such as driver's license, work badge, brand and so on. Pay special attention, no matter how complete your information is, if you are under 18 years old, it is futile to apply for mobile phone installment payment, provided that you are over 18 years old.
Temporary storage process:
1. Take all the documents to the store for processing. 2. Submit personal information for review. 3. The physical store pays the down payment on site. 4. Take away your favorite products on the spot. 5. Repay on time every month.
Icbc credit card iphone6 online installment: you can choose to wait for online e-commerce to buy iphone6.
1. Take Taobao (version 6.35.63 or above) to buy iphone6 as an example: in Taobao and Tmall, as long as the seller has the logo of ICBC credit card, it means supporting credit card installment payment. Specifically, you can directly ask whether the seller supports installment payment, and installment is not a handling fee.
2, the choice of the National Bank Tmall (Tmall has the official flagship store of Apple apple store). After submitting the order, select "Credit Card Payment" in "Payment Method" and enter the relevant number information.
If it is the first time to use a credit card, you can call the bank to apply for installment after spending. The specific number of installments and handling fees shall be subject to the bill sent by the bank.