Introduction of credit card installment fees of China Everbright Bank: There are four kinds of installment fees of China Everbright Bank, namely 3, 6, 9 and 12. There are two ways to collect fees: one-off payment in the first installment and monthly payment in this installment, in which monthly payment in this installment is automatic installment, and the starting point of both installments is 500 yuan.

The handling fee for three-month installment is 2.5%. If you use the credit card of China Everbright Bank to buy a mobile phone for 3,500 yuan and repay it in three installments, the first installment repayment amount = 3,500/3+3,500 * 2.5% =1254.38+07.

The repayment amount of the last two installments =3500/3= 1 166.67.