The credit card installment fee of 0.53% is relatively low, but whether it is cost-effective depends on the individual's perspective. If you are tight on money and must pay in installments, it is cost-effective. If you can pay back the full amount, it is not cost-effective. . 1. Credit cards generally have a grace period of three days after the repayment date, and repayment within the grace period is deemed to be repayment on time;

1. If paid in full, no fees will be incurred;

2. To repay the minimum repayment amount, the daily interest will be calculated at 0.05%, starting from the consumption recording date;

2. If the repayment exceeds the grace period or the repayment amount is less than the bank's regulations The minimum repayment amount is considered overdue, and the daily interest is 0.05%. The interest is calculated from the accounting date. In addition, a late payment fee of 5% of the unpaid portion of the minimum repayment amount is charged on a monthly basis.

Each month Summary of installment handling fees for major credit cards (14 banks)

1. Bank of China installment generally starts at RMB 600, and the handling fee is a one-time charge for the first installment; it can be divided into: 3, 6, 9, 12, 18, 24 installment; installment handling fees are: 1.95%, 3.6%, 5.4%, 7.2%, 11.7%, 15%;

2. The starting amount of ICBC installment payment is RMB 600 and HKD 600 Yuan, USD 100, Euro 100, Japanese yen 6,000, British pound 100, Canadian dollar 100, Singapore dollar 100, Australian dollar 100, Swiss franc 100, New Zealand dollar 100. Number of installments available: 3, 6, 9, 12, 18, 24. Handling fees: 1.47%, 2.28%, 4.05%, 5.16%, 7.38%, 9.36%

3. Agricultural Bank of China can apply for a single payment of RMB 500 or more in RMB or RMB 50 in U.S. dollars or Euros; there are 5 installments to choose from, and non-24-term customers can also enjoy an opportunity to extend the installment. Number of installments available: 3, 6, 9, 12, 18, 24. A handling fee of 0.6% of the installment principal will be charged for each installment. You can choose from 3 application methods: customer service, online banking, and SMS.

4. Construction Bank bill installment means that from the day after the bill date to the final repayment date, the cardholder applies for amortization of a certain amount of RMB consumption that has been issued (can only be applied for once in 30 days). The minimum application amount is RMB 500, and the maximum amount does not exceed 90% of the total RMB consumption amount in the issued bill (excluding cash withdrawals, installment payments and other transactions specified by our bank).

5. Bank of Communications transportation can be paid in statement installments or in single installments. The starting amount is 500 to 1,500 per installment according to the card; number of installments: 3, 6, 9, 12, 18, 24 period; the handling fee is uniformly 0.72%;