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How much will it cost to repay a 40,000 yuan China Merchants Bank credit card in 12 installments per month?

If it is a shopping installment, it depends on which merchant it is. Different merchants will have different installment rates.

If it is bill installment, the principal of each installment: 3333.33 yuan; the handling fee of each installment: 264 yuan; the total repayment of each installment: 3597.33 yuan.

If it is a cash installment, the principal of each installment is: 3333.33 yuan; the handling fee for each installment: 300 yuan; the total repayment for each installment: 3633.33 yuan.