Current location - Trademark Inquiry Complete Network - Overdue credit card - China Merchants Bank’s cash installment is 20,000 yuan, with a handling fee of 150 yuan per installment. I divided it into 24 installments! Do I have to pay an extra 150 yuan every month?
China Merchants Bank’s cash installment is 20,000 yuan, with a handling fee of 150 yuan per installment. I divided it into 24 installments! Do I have to pay an extra 150 yuan every month?

Hello, China Merchants Bank has a variety of cash installment options to choose from. The handling fee is repaid in monthly installments, so the handling fee must be repaid every month.

The number of installments includes 3, 6, 10, 12, 18, and 24, and the corresponding handling rates for each period are 0.95%, 0.80%, 0.75%, 0.75%, respectively. 0.75%, 0.75%.

The handling fee for each installment = the total installment principal × the handling fee rate for each installment.

The principal of each installment and the handling fee for each installment will be included in the minimum repayment of the current bill. Amount.

If you have any questions about other China Merchants Bank credit cards, please search "4008205555" in QQ business friends and add "China Merchants Bank Credit Card Center" as a friend; or search the number "cmb4008205555" in WeChat to follow "China Merchants Bank Credit Card Center" For consultation, thank you for your attention and support to China Merchants Bank!