Is the longest repayment of Bank of Communications Youth Credit Card cost-effective by installment or by installment? I want to pay off 7000 yuan in three months. Is it cost-effective by installment or the longest repayment date? One day after the bill date, you can enjoy 56 days interest-free to the minimum repayment date, which is a problem. If there is no full repayment on the last repayment date, there will be no 56-day interest-free period, and interest will be charged from the day after credit card consumption. 7,000 days interest in 3.5 yuan, 56 days interest 196 yuan.

If the repayment is made in three installments, the total handling fee is 7000 * 0.72% * 3 =151.2 yuan.

For example, if you spend money by credit card on the 28th, there will be a 56-day interest-free period in installments.

Generally speaking, it is cost-effective in stages and divided into three phases.

I hope I can help you. You can ask questions if you don't understand. If you have solved the problem, please click on "Choose the satisfactory answer" below. Thank you.