For example, if you charge the air conditioner with a credit card 12000 yuan, choose 12 installments, with monthly principal 1000 yuan, and the handling fee for each installment is 0. Calculated by 6%, in addition to repaying the principal, you also need to pay the installment fee 12000*0.6%=72 yuan, 65438+.

This seems to be all right, but it needs to be handed in to 72 yuan every month. It doesn't mean that I have paid back 5000 yuan, leaving 7000 yuan, and the remaining installment is 7000*0.6%=42 yuan is correct. But this is not the case. Even though I have paid back 1 1000, I still have 1000, leaving 65,000.

2. The prepayment fee shall be paid as usual.

Many cardholders can't bear to repay by installments. However, even if they pay in installments, the handling fee must also be paid. Because of the early repayment, it cannot be said that the remaining handling fee is exempted. For example, like CITIC Bank, installment payment is a direct one-year handling fee. Although banks don't repay in advance, collecting money is king.

3, automatic temporary storage function

Many users unconsciously checked the option of automatically splitting the full amount after handling the card, or received a phone call from the bank and were led by the other party to set up this service.

The disadvantage of this function is that if your consumption reaches the agreed amount, the bank will automatically divide the consumption and increase the handling fee for no reason. In addition, once this function is not as simple as opening, you need to supplement the relevant procedures, go to the bank counter, and cancel after a long period of review.