The bank encourages installment. After successfully handling the credit card installment business, the installment amount payable for each installment will be settled monthly on the bill date, and you can repay it in time according to the bill. If the current repayment amount listed on the bill is paid in full before the due payment date, the principal repayment of the current month's installment will enjoy interest-free treatment. ?

Take China Construction Bank as an example, the charging standards for credit card bill installments are as follows:

The base rates for bill installments are 0.75% for 3 installments, 0.70% for 6 installments, 0.65% for 10 installments, 0.60% for 12 periods, 0.60% for 18 periods, and 0.62% for 24 periods, charged monthly and included in each credit card bill. Monthly handling fee = total installment amount * monthly rate.

During the period from July 11 to September 30, 2019, cardholders who successfully handle bill installments for more than 6 periods (inclusive) will enjoy a 15% discount on the handling fee (i.e. 0.75% for 3 periods, 6 0.60% for the 10th period, 0.55% for the 10th period, 0.51% for the 12th period, 0.51% for the 18th period, and 0.53% for the 24th period). ?

Extended information:

Charging standards for car purchase installments

The car purchase installment fee can be charged in one go or in installments, and will be charged in the first month after the transaction. It is reflected in the bill (cardholder handling fee = installment amount × cardholder handling rate). The handling rates will vary depending on the dealer or car model you choose.

After the application is successful, you only need to repay the current repayment amount listed on the bill in full before the due payment date. The principal repayment in the current month's installment will enjoy interest-free treatment and no interest will be charged. .

China Construction Bank-Bill Installment Charging Standards

China Construction Bank-Car Purchase Installment Charging Standards