Introduction to ICBC credit card installment fees: There are six types of ICBC installments: 3, 6, 9, 12, 18, and 24. The fee collection method is a one-time charge for the first installment, with a single consumption of 600 yuan. Only then can you use the installment function.
If you repay the ICBC credit card in 2-year installments of 5,000 on time, there will be no interest, but the first installment will require an installment fee = 5,000*15.6% = 780 yuan
Principal repayment in each installment = 5,000 /24=209 yuan