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What is the installment interest rate of Minsheng Credit Card? For example, 2500 yuan is used for 12 installment. How much interest and handling fee do you have to pay each year?
Credit card installment fee is charged on schedule.

The installment fee depends on the number of installments and the handling fee rate, as follows:

If the lower limit of the application amount is 600 yuan RMB, the handling fee rate for the third period is 0.82%; The handling fee rate for the sixth installment is 0.70%; The handling fee rate for the 9th installment is 0.67%; The handling fee rate of 12 is 0.67%; 18 interest rate of 0.67%, 24 interest rate of 0.70%.

You spent 2500 yuan 12. The calculation method is: 2500 * 0.67%+2500/12 =1883.33 yuan. The amount of money to be paid in each installment needs to be paid in 12 installments. Of which 2500/ 12=208.33 is the handling fee paid.