The interest of credit card installment repayment is determined according to the installment amount, regardless of the number of installments. For example:

1, above 500 yuan, 0.72% per month;

2, more than 6500 yuan, 0.70% per month;

3.12,500 yuan, with a monthly interest rate of 0.68%.

Staging can only be divided into 24 periods at most.

If it is divided into 24 installments, the repayment of each installment = 36,000/24+installment fee of 36,000 * 0.68% =1.744.8 yuan.

Compared with bank loans, due to different loan types and interest calculation, it is recommended to consult the relevant banks for detailed charging standards.

Extended information 1. 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 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.

2. The general credit card installment fee 1 year is lower than the annual cash withdrawal interest 18% and higher than the bank commercial loan interest 1 year 5.3 1%.

Since last year, the loan interest rate of commercial banks has been lowered many times, but the standard of credit card installment fee and cash withdrawal interest has rarely changed. Although different banks have different standards for credit card installment fees, the calculation method is roughly the same.

Baidu encyclopedia-credit card installment payment