The interest rate on credit cards mainly depends on how you use it. If daily consumption is paid in full within the repayment period, no interest will accrue. This is the basic usage of credit cards. However, if you choose to withdraw cash, not only will there be interest, but there will also be certain handling fees involved. For installment repayment, although there is no interest, there will be a handling fee, and the more installments, the total cost will usually increase. Therefore, depending on your personal financial situation, it is recommended to give priority to shorter installments or to repay in full as soon as possible, so that the cost will be lower.

The credit card itself is a credit service tool provided by a commercial bank or credit card company. The holder can overdraft consumption within the credit limit and then repay within a specified period. Credit card types are divided into credit cards and quasi-credit cards. Credit card users can repay after consumption, while quasi-credit cards require a pre-deposit of a reserve fund. If the reserve fund is insufficient, you can overdraw within the credit limit. .

In general, the use of credit cards needs to be treated rationally and a reasonable repayment strategy is planned to avoid additional interest and handling fees. It is wise to understand your financial situation and choose the most appropriate repayment method.