What is the interest rate for CITIC Bank’s credit card loans? Is the interest rate high? In fact, CITIC Bank’s credit card loans do not charge interest or even management fees. However, this loan is not free, because CITIC Bank’s credit card loan charges a handling fee. However, the handling fee is very low, and it only takes every month. The calculation method for CITIC Bank credit card loan fees is: Monthly handling fee = Total loan amount The monthly fee collection is based on the handling rate. If you borrow 10,000 yuan and repay it in 12 installments, then the fees that need to be repaid are: Monthly handling fee: 10,000*total repayment (monthly) = principal/ Number of periods + monthly handling fee = 10,000 / 12 + 85 = total handling fee (total) = 10,000 * 12 * = 1020 In other words, if 10,000 yuan is borrowed for one year, the total handling fee is 1,020 yuan, and the annual expected The annualized interest rate is approximately 18% compared to the expected annualized interest rate for credit card cash withdrawals. CITIC Bank's credit card loan rates are lower.