The reason is that the costs and risks borne by Shanghai Pudong Development Bank are relatively high, and the daily installment interest of Shanghai Pudong Development Bank is high.

1. When Shanghai Pudong Development Bank provides cardholders with installment payment services, in addition to considering its own capital costs and risks, it also takes into account the customer's high credit rating, limit and repayment ability. and other factors

2. The interest rate of Shanghai Pudong Development Bank is 0.05% per day. Compound interest is not levied on a monthly basis. It is calculated from the day the first consumption of the bill is recorded and is collected in one lump sum after installments.