Although the bank credit card installment generally only has a handling fee and no other interest, the survey found that the handling fee of bank credit card installment payment has always been higher than the bank loan interest rate.

Take 12 as an example, the installment fee of most bank credit cards is between 6.5% and 7.2%, and some commercial banks even approach 9%. At present, the benchmark interest rate for one-year bank loans is only 6.56%.