If you pay back according to the minimum repayment amount, it will be 10% of 5000, and the interest will be 0.5 ‰ every day from the date of your consumption, that is, you need to pay back more than 500 yuan after the bill comes out, so you can pay it back in installments 10, but remember that you haven't paid it all back, and even if you still have it every month, the interest will be 65438.

In this case, you can apply for staging. After the installment is determined, the first bill will be paid in full, and the full amount will be included in the minimum repayment amount. The installment fee of Industrial Bank is 3 (0.70%) 6 (0.60%)12 (0.60%)18 (0.60%) 24 (0.60%).

The minimum repayment amount is more flexible. Once you apply for installment, you cannot cancel it. Don't apply for installment if you can pay it all back in just a few months. If you want to reduce the pressure of repayment, the interest on installment can be much less. According to your own situation.