The installment function can only be used when the single credit card consumption of Bank of Communications reaches 1500 yuan, and the Bank of Communications charges a handling fee by installment. Bank of Communications credit card has six stages: 3, 6, 9, 12, 18 and 24. The handling fee rate of each period is 0.72%, and the handling fee is charged monthly in the current period.

The handling fee rate is 0.72% per period.

If it is divided into 12 installments, the service fee for each installment is 7000×0.72%, and the total service fee for 12 installment is 7000×0.72%× 12.

If it is divided into 24 periods, the handling fee for each period is 7000×0.72%, and the handling fee for 24 periods is 7000×0.72%×24.

It is divided into 12 periods, each period is 7000/ 12+7000×0.72%. Divided into 24 periods, each period is also 7000/24+7000×0.72% yuan.