Is it cost-effective to get a 50% discount on China Merchants Bank's credit card in installments?
Not cost-effective. Although 50% discount is better than no call, there is still a handling fee. Although there is a discount, it is still a loss. For example, the handling fee rate of China Merchants Bank Phase VI is 0.75%. Suppose the bill is 1000 yuan, and 75 yuan's handling fee will be paid every month. Because the longer the number of selected periods, the higher the principal and the more losses.