If you pay 30,000 points in 12 installments with a Bank of Communications credit card, the monthly interest will be 216 yuan. The installment handling fee for Bank of Communications credit card is 0.72% per period, and the calculation method is the installment principal * the handling rate per period 30000*0.72%=216 yuan.

When applying for installment repayment with a credit card, you need to pay attention to the following aspects:

1. Credit card installment will charge a certain handling fee, and once the installment is applied for, it is irrevocable. If you need to terminate the installment in advance, the procedures The fee will still be charged;

2. In addition to installment payment, if you cannot pay it off in one go, you can also choose to pay at least the minimum repayment amount. This will not affect the cardholder's credit record for the current period, but Interest of 0.05% per day will be charged.

3. When a cardholder applies for bill installment, the minimum amount is RMB 600, and the maximum amount is 90% of the unpaid balance of the bill issued one day before the application deadline.

Definition of credit card:

A credit card, also called a credit card, is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

Introduction to installment payment:

Instalment payment is actually a loan provided by the seller to the buyer. The seller is the creditor and the buyer is the debtor. The buyer can obtain the required goods or services after paying only a small part of the payment. However, because future installment payments include interest, the amount paid for the same goods or services by installment payment is higher than that of a one-time payment. The payment for goods is more.

On the one hand, the installment payment method allows sellers to complete promotional activities, and on the other hand, it also provides convenience to buyers.

Introduction to Bank of Communications:

Bank of Communications (English name Bank of Communications, abbreviated BCM, Chinese name abbreviated as Bank of Communications) was founded in 1908 and is one of the six largest banks in China. It is one of the oldest banks in China and one of the note-issuing banks in modern China. On April 1, 1987, the reorganized Bank of Communications officially opened for business and became China's first national state-owned joint-stock commercial bank, with its head office in Shanghai. Bank of Communications was listed on the Hong Kong Stock Exchange in June 2005 and successfully listed on the Shanghai Stock Exchange in May 2007.