2.7% in period 3.

According to a query on Hualu.com, we learned that the installment interest rates of China Merchants Bank’s credit cards are 2.7% for 3 installments, 4.5% for 6 installments, 7% for 10 installments, 7.92% for 12 installments, 12.24% for 18 installments, and 16.32% for 24 installments. The handling fee is a one-time payment and can be paid off in advance, but the interest charged on the China Merchants Bank credit card will not be refunded.