Current location - Trademark Inquiry Complete Network - Overdue credit card - I have a credit card limit of 10,000 from Guiyang Bank and I want to pay it back in installments of 12. How much is the handling fee? I need to pay it back in a month.
I have a credit card limit of 10,000 from Guiyang Bank and I want to pay it back in installments of 12. How much is the handling fee? I need to pay it back in a month.

For transportation credit card installment, you can apply for installment after the bill is issued. Applying for installment will incur corresponding handling fees according to the number of installments applied for. The handling fee is the interest rate of the installment (also another term for interest) , but banks say that there is no interest in credit card installments, but there is a handling fee. The handling fee depends on the amount of the installment, and the interest rate is different for different installments. Now the handling fee for 24 installments of Bank of Communications is 0.72 per installment, and the installment is 50,000 yuan. The monthly repayment for 24 periods is as follows:

50000*0.72=360 yuan, the monthly handling fee is 360 yuan;

50000/24=2083 yuan, the monthly principal is 2083 yuan;

2083 360=2443 yuan, the monthly repayment is 2443 yuan;