Many people unknowingly exceed their monthly repayment budget when using credit cards. At this time, they can choose to use installment repayment to reduce the repayment pressure and achieve timely performance of the credit card. . So how much is the installment interest of Huaxia Credit Card? Let’s find out together.

What is the installment interest of Hua Xia Credit Card?

Currently, there are two situations of Hua Xia Credit Card Installment, and the interest rates will be different. Automatic installments can be divided into 3, 6, 12 and 24 periods. The interest for 3, 6 and 12 periods is 0.62%, and the interest for 24 periods is 0.67%; the interest for bill installments is 0.7%.

The above is an introduction to the installment interest of Hua Xia Bank credit card. When the bank launches the credit card installment business, it is promoted as interest-free. In fact, it just changes the term for the installment fee and turns the interest into a handling fee. For bank credit card installment fees, users can choose to pay in installments or in one go. Usually in the case of installment, even if the user chooses to repay in advance, there will not be any reduction in the installment fee.