The credit card installment business of Shanghai Pudong Development Bank, also known as "no installment payment", means that after the cardholder swipes the card, if the single consumption amount reaches the minimum consumption amount stipulated by the bank, the cardholder can apply to the bank to split the consumption into several repayments, and the bank will charge the consumption to your credit card account.

Pufa credit card installment fee rate, different collection methods, different rates.

1, charged in installments

Issue 3, Issue 6, Issue 12, Issue 15, Issue 18, Issue 24, the rate is 0.9%, 0.78%, 0.74%, 0.75%, 0.76%, 0.77%.

Calculation formula: the handling fee for each installment = the total amount of installment principal × the handling fee rate for the corresponding number of installments.

2. One-time charge

Phase III, phase VI, 12, 15, 18, 24, 2.64%, 4.44%, 8. 16%, 10.35%,/kloc-

Calculation formula: handling fee = total installment principal × handling fee rate of corresponding installment.

As can be seen from the above, if you choose the one-time charge method, the rate will be lower than the installment charge, which means that it will be more cost-effective to adopt the former. If the cardholder can afford it, it is recommended to choose a one-time payment.