Current location - Trademark Inquiry Complete Network - Overdue credit card - Credit card 18000 points 12 months, how much is 0.66% a month, and how much is the interest?
Credit card 18000 points 12 months, how much is 0.66% a month, and how much is the interest?
The monthly repayment amount is:18000/12 =1500 yuan.

Calculation method of interest: monthly repayment amount × monthly interest rate.

Interest = 1500 × 0.66% = 9.90 yuan.

Summary:

1. Monthly repayment amount 1500 yuan.

2. The interest is 9.90 yuan.

Extended data:

Credit card installment refers to the installment payment of credit card consumption amount according to a certain period of time. This situation, taking 18000 as an example, means that you need to pay 1500 yuan every month until all debts are paid off. In addition, the interest is an extra fee calculated according to the monthly repayment amount and the monthly interest rate, that is, 9.90 yuan in this example. Please note that the specific credit card installment rules may vary according to different banks and credit card types. Please read the relevant terms carefully before use.

Related articles
  • Is credit card consumption a loan?
  • The temporary credit line of China Merchants Bank shows that all the arrears have been recovered.
  • What should China Construction Bank pay attention to when handling credit cards?
  • Does the expiration of ID card affect credit card processing?
  • Does Shanghai Xiaoying Card receive credit information? Overdue will have these consequences.
  • What does CAR Inc mean by pre-authorization?
  • If you owe 1 yuan, the interest will be calculated as 10,000 yuan? Learn about the credit card "full interest calculation" routine
  • Will there be no interest in the first month after activating the China Construction Bank credit card?
  • The main risks of credit cards
  • How long will personal data be kept in the credit report after credit card application?

    • copyright 2024 Trademark Inquiry Complete Network All rights reserved