For merchants, we use credit cards to buy things, and before the interest-free period, it is also 0 interest and 0 handling fee. Banks collect fees from merchants, and merchants increase their costs and pass them on to consumers. But both losses are still credible.

Is credit card installment really "zero interest rate and zero handling fee"? With the arrival of the peak of card use, credit card installment business is increasingly chosen by consumers. In the fierce market competition, banks try their best to introduce various concessions such as "zero interest and zero handling fee" to attract consumers' attention. However, there is no free lunch. For consumers, credit card installment is far from as cost-effective as advertised by banks. The handling fee rate is much higher than expected.