Under normal circumstances, credit card installment repayment does not charge interest. As long as you pay off the arrears on time every month, you can continue to enjoy the interest-free period, but you need to pay a certain handling fee.

General credit card installment repayment can be divided into three installments, six installments, nine installments, 12 installment, 18 installment, 24 installment and so on. The handling fee rates corresponding to different stages are also different. Cash installment fee = total installment amount × installment fee rate.

Take ICBC as an example, the three phases 1.95%, six phases 3.60%, nine phases 5.40%, 12 phases 7.20%, 24 phases1.70%, and 24 phases15.

Tip: Even if you apply for installment repayment, you will still charge interest if you have outstanding debts in the current month. Be sure to remember to repay in time, leaving no arrears.