I applied for a credit card from ICBC. I want to overdraw and buy a mobile phone of 3, yuan, which will be repaid in six installments. How much interest will I have to pay each month? find the solution 1. There is no interest on credit card installment payment, and the bank charges installment fee. ICBC's installment fee standard is as follows: 1.65% for the third installment; 3.6% in the sixth period; 5.4% in the ninth period; 12 periods of 7.2%; 18 periods, 11.7%; 24 periods, 15.6%;

2. If you buy a mobile phone of RMB 3,, you will pay it back in six installments. The handling fee is RMB 3, * 3.6% = RMB 18;

3. down payment; 3/6+18=68 yuan, and the repayment in other installments: 3/6=5 yuan, and the installment fee of ICBC is the first payment.