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How to calculate the interest of credit card installment repayment in Shanghai Pudong Development Bank?
Hello, first, the installment payment of Shanghai Pudong Development Bank is free, with no interest, but a certain installment fee is charged;

Second, if the single consumption amount reaches RMB 200 yuan (inclusive) or above, the host cardholder can apply by calling customer service, logging in to Pudong official website, sending SMS, mobile banking client, official WeChat account, etc. two days before the due date of the current bill;

3. The number of installments that can be freely selected is 3, 6, 12, 15, 18 or 24, and each installment is one month. The credit card center reserves the right to approve the installment payment application;

4. The installment fee is 0.90% for the 3rd installment, 0.78% for the 6th installment, 0.74% for 12 installment, 0.75% for 15 installment, 0.76% for 18 installment and 0.76% for the 24th installment, which can be collected by installments or at one time.

Fifth, the cardholder's consumption amount is fully included in the used credit line; However, the available credit limit is restored according to the monthly repayment principal. Once the application for free installment is successful, the installment amount and the number of installments cannot be changed or cancelled. For transactions that have been paid by installments, the installment amount of each installment will not be able to apply for installment payment again;

Sixth, if 6900 yuan is divided into 12 installments, the principal and service fee to be repaid in each installment are: 6900 yuan/12+6900x0.74% = 626.06 yuan.

If you have other specific questions, I suggest you call the customer service staff of the bank, hoping to help you.