In fact, friends who have used Taobao installment payment must know that the so-called Taobao installment payment does not require consumers to pay the goods to Taobao sellers in installments. Instead, you can use a credit card to pay off the payment in one lump sum and then apply to the issuing bank for installment payment. Therefore, there is no interest on Taobao installment payment, but the cardholder needs to pay a certain formalities fee. It is understood that the handling fee rate of Taobao installment payment is generally around 0.7%- 1% of credit card consumption. Brush the handling fee rate corresponding to the credit card * the consumption amount, and you can calculate the corresponding Taobao installment payment fee. However, there are many kinds of credit cards on the market at present. Banks such as Bank of China, Bank of Communications, China Construction Bank and Shenzhen Development Bank have all launched their own credit cards, and even the same bank has launched a variety of credit cards. Different credit card types and different installment cycles often correspond to different Taobao installment fee rates. This requires consumers and friends to pay more attention to the relevant policies and handling fees of the issuing bank.