In addition to making purchases within the credit limit, credit cards can also be used for installment payments. Under normal circumstances, credit card installments can be divided into two types. One is consumption installment, which is based on the amount of a single purchase; the other is bill installment, which is applying for installment repayment based on the current credit card bill. The interest rates are different for different installment numbers and conditions. So what is the installment interest rate of Jiangsu Bank Credit Card? Let’s find out together.

How much is the interest rate for Jiangsu Bank’s credit card installment?

Jiangsu Bank’s credit card installment is also divided into two situations.

1 Consumption installment: For Jiangsu Bank credit card consumption installment, you can apply for installment as long as the single purchase reaches 500 yuan. There are four installments to choose from: 3, 6, 12, and 24, corresponding to each one. The handling rates are 1.5, 3, 6.72, and 13.5.

2 Bill installment: Bill installment is to apply for installment repayment based on the current credit card bill consumption amount. You can choose from four installments: 3, 6, 12, and 24. The handling rates are 2.1, 3.9, and 7.5, 13.5.

The above is an introduction to the installment interest of Jiangsu Bank credit card, I hope it can be helpful. In fact, strictly speaking, banks' credit card installments are interest-free and only charge a certain handling fee. In addition, based on the above content, the greater the number of installments, the higher the handling fee.