Credit card consumer repayment banks prefer full repayment or installment repayment. Generally speaking, for those with good credit, they definitely like to repay by installments, and they can also earn interest. The handling fee of each credit card period is generally the total installment amount multiplied by the handling fee rate of each period. The total installment principal is amortized on a monthly basis, and the balance is included in the last installment, and the installment amount and the handling fee for each installment are also recorded. Some banks also charge a one-time installment fee. Repayment by installment is generally beneficial to cardholders who cannot repay in one lump sum for a long time and can prevent usury.

When you choose to repay by installment, you should pay attention to asking the bank, such as how much you can repay by installment if you spend more, and how to calculate and collect the handling fee; Understand the situation of credit card overdraft and the amount of overdraft per period; Understand whether the selected staging method is free of handling fees, if not, what is the rate of handling fees and its calculation method; Consumers who choose to swipe their cards first and then apply for installment in the bank should understand the application process of the bank to prevent unsuccessful application and disrupt the payment plan.