1.3% for the 3rd installment, 1.8% for the 6th installment, 2.75% for the 9th installment, 3.58% for the 12th installment, 5.36% for the 18th installment and 7.5% for the 24th installment.

6 yuan can be paid by installments for each minimum credit card consumption.

the handling fee for applying for installment payment of 1, yuan a year for 12 installments is 358 yuan. The handling fee is interest, and no interest will be charged.

ICBC installment calculator interest:

Although there is no interest for credit card installment payment, there will be a corresponding handling fee, and the handling fee for credit card installment is different because of the different handling fee rate and the different number of installments.

generally speaking, the credit card installment fee rate is lower than the annual withdrawal interest rate of 18%, and often higher than the benchmark interest rate of bank loans. In addition, the central bank cut interest rates last year, which opened the gap between the benchmark interest rate and the installment fee rate. However, it is worth mentioning that banks rarely implement benchmark interest rates in actual loans.

the calculation method of the handling fee is: transaction amount × monthly rate × number of installments. Although the handling fee may be charged once in the first installment or monthly, the amount of both is the same. With the increase of repayment, the money owed to the bank decreases, but the handling fee will not decrease with the progress of repayment, which is different from the calculation method of interest on bank loans.

Although the charge rate of credit card installment in different banks is different, the calculation method is basically the same. Let me give you an example to demonstrate the calculation method. Let's assume that the credit card spending of 5 yuan is divided into 12 periods, and the monthly handling fee rate is .72%, so the handling fee for each period is 5×.72%=36 yuan, plus the principal payable for each period is 5÷12=416.67 yuan, which is 452.67 yuan. It should be noted that when some banks charge fees, they may charge them once when they repay the first monthly payment. At this time, if the fees are calculated according to the above conditions, it should be 5×(.72%×12)=432 yuan, plus the principal payable in the first period is 416.67+432=848.67 yuan.

bank formalities

1 Industrial and Commercial Bank of China: card handling fee 5 yuan, annual fee 1 yuan/year, lower than 3 yuan's small account management fee 3 yuan/quarter, interbank withdrawal in the same city 2 yuan/transaction

2 China Agricultural Bank: card handling fee 5 yuan, annual fee 1 yuan/year, less than 3 yuan, petty account management fee 3 yuan/quarter, interbank withdrawal in the same city 2 yuan/transaction (Guangdong Province, The annual fee is 1 yuan/year, which is lower than the management fee of small account in 5 yuan, 3 yuan/quarter, and this kind of account does not give interest, and the 4 yuan/pen+1% of the withdrawal amount is withdrawn in the same city.