What Lou is sponsoring should be his family’s consumption installments

Consumption installments: that is, installments are made for single card consumption exceeding one thousand yuan that has not yet been billed.

Processing time: from the time the card is swiped to two days before the latest bill date.

Transaction amount: A single credit card payment is greater than or equal to 1,000 yuan.

The number of installments and fees: The following picture is provided to the poster on the official website. The poster can take a look

For example: Assume that the bill date is the 5th of each month and the due repayment date is 20 days after the bill date, that is, the 25th of each month, if you swipe 6,000 yuan on your card on 9/2, you can call to apply for installment installments before 9/3 (9/5 is the bill date, and 2 days before the bill is 9/3). Expect. The principal of each installment is 6000/12=500 yuan. Handling fee for each period = 6000*0.6% = 36 yuan, total *** handling fee for 12 periods = 36*12 = 432 yuan, amount payable for each installment = 5036=536 yuan, the money for the first installment will be If it is paid on the 9/5 bill, it can be repaid before 9/25. The same applies for subsequent payments, and it will be repaid within 12 months.

In terms of credit limit, the installment will fully occupy the owner’s credit limit. With the on-time repayment every month, the limit will be released month by month. For example, a credit card with a credit limit of 10,000 yuan and an installment of 6,000 yuan will not be used in the first installment. In the case of repayment, the available limit of the credit card is 4,000 yuan, and 6,000 is occupied. After the first payment, the available limit is 4,500 yuan, and 5,500 yuan is occupied. (Note that the monthly handling fee of 36 yuan does not occupy the quota, but is only credited to the account on the billing date.)

In addition, according to the situation in the question, the installment of 536 yuan is calculated into the minimum repayment amount. Next month's bill includes = unpaid amount of current bill + installment principal + installment handling fee + consumption/cash withdrawal interest (cash withdrawal interest is 0.05% interest per day starting from the day of withdrawal, and because the minimum repayment amount is paid, consumption Some parts do not enjoy the interest-free period, and interest will be calculated from the day of the transaction, 0.5% per day) + new transactions