1. Minsheng Bank has five installments: 3, 6, 9, 12, and 24, and the handling fee is 0.60%. The handling fee collection method is to collect the current handling fee every month.

2. 5000 points for 12 periods, the handling fee is: 5000*0.6%*12=360; the principal plus handling fee is 500360=5360. Calculated, the monthly repayment is 446.67 yuan.

Credit card installment payment means that when the cardholder uses a credit card to make large purchases, the bank pays the merchant a one-time payment for the goods (or services) purchased by the cardholder, and then allows the cardholder to pay in installments The process of repaying money to the bank. The bank will deduct the consumption funds in installments from the cardholder's credit card account based on the cardholder's application, and the cardholder will repay according to the monthly credit amount.

The main benefits of credit card installment payment:

1. Enjoy first, pay later.

2. No guarantor required and the procedure is simple.

3. Fixed time and fixed amount, easy payment.

4. You can choose any monthly repayment amount as you like

5. More options for payment methods.