How much is the interest rate for the 12-month installment of Everbright Credit Card's RMB 10,000 credit card?

960 yuan. The Everbright Credit Card is repaid in 12 installments, with a single installment fee of 0.8. When the installment amount is 10,000 yuan, the interest is 10,000*0.8*12=960 yuan. China Everbright Bank's credit card business was launched in 2004. It is one of the earliest joint-stock commercial banks in China to launch credit card business.

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