Some netizens inquired that 1000 was swiped with China Merchants Bank's credit card, but the repayment was under pressure. They wanted to repay 12 installments and asked how much the handling fee was and how much each installment was. On this issue, I will introduce you to a credit card installment calculator. With it, you can know all about any expenses related to installment payment.
Credit card bill installment is a service provided by China Merchants Bank for eligible cardholders to repay the current credit card bill in installments. Although it can alleviate the repayment pressure of cardholders, it can be phased out if you want. To handle bill installment payment, you must meet the following conditions:
For the installment payment of RMB bills, the minimum application amount shall not be less than 300 yuan RMB each time; For the installment payment of USD bills, the minimum application amount shall not be less than USD 65,438+000 each time.
1. For unbilled transactions, you can apply for installment payment between the transaction date and the billing date of the corresponding bill.
2. For the bill that has been issued, you can apply for installment from the day after the bill date to the due repayment date (for customers with automatic repayment in the account, the deadline for application is due repayment date 17: 00).
The credit card installment of China Merchants Bank can be divided into 2 installments, 3 installments, 6 installments, 10 installment, 12 installment, 18 installment and 24 installments, and the corresponding handling fees for each installment are,,,,,, and. Only two issues, three issues and six issues. Among them, the second phase can only be applied through our mobile banking and pocket life channels.
Take China Merchants Bank's credit card bill 10000 yuan as an example. Select the installment bank, installment type, installment amount and installment number on the calculator, and click Calculate to get the repayment principal, handling fee, total handling fee and total repayment amount of RMB in each installment.
If you feel uncertain, you can calculate by yourself according to the following formula:
1, repayment principal of each installment = installment amount/installment number = 10000/ 12= yuan.
2. Handling fee per period = amount per period and handling fee rate = 10000 yuan.
3. Total repayment amount per installment = repayment principal per installment+handling fee per installment = RMB.
4. Total handling fee = installment amount, handling fee rate and number of installments = 10000 yuan.
How to calculate the installment fee of China Merchants Bank?
China Merchants Bank credit card installment fee = installment total amount × installment fee rate.
The service fee rate of China Merchants Bank is related to the number of periods, namely, 2, 3, 6, 10, 12, 18, 24 and 36, and the corresponding service fee rates for each period are 1.0%, 0.9% and 0.76 respectively.
You can also directly open the official website bill installment cost calculator of China Merchants Bank, then directly enter the installment amount, and then select the number of installments, and the system can automatically calculate the handling fee and the total repayment amount of each installment.
Extended data:
Credit card application conditions of China Merchants Bank
(1) China residents, foreigners living in China, compatriots from Hong Kong, Macao and Taiwan have reached the age of 18, have full capacity for civil conduct, and have good credit standing. They can apply for personal credit card master cards with their valid identity documents. Personal cardholders can also apply for supplementary cards for other natural persons with full civil capacity or natural persons with limited civil capacity. The main cardholder can apply for cancellation of the supplementary card at any time.
(2) Enterprises, administrative institutions, social organizations and other economic organizations authorized by legal persons who open basic deposit account in financial institutions in China can apply for business cards from card issuers with supporting documents such as the basic deposit account account opening permit issued by the central bank (foreign exchange settlement accounts are also required to apply for international business cards). The qualification of the cardholder of the unit card shall be designated and revoked in writing by the legal representative of the unit or its authorized person. The applicant shall bear all debts arising from the unit card.
(3) When applying for a credit card for the first time, the applicant shall fill in the credit card application form correctly, completely and truthfully, and submit the relevant supporting documents required by the card issuer, and agree that the card issuer may inquire about the credit status of the applicant from any relevant department, unit or individual, and keep and use the relevant materials.
(4) According to the credit status of the applicant, the card issuing institution decides whether to issue the card, whether to require the applicant to provide the guarantee and the guarantee method, and determines the way and type of obtaining the card, the credit line granted to the applicant, etc. Failed application materials will not be returned.
(5) The ways for the applicant to provide guarantee include: guarantee, mortgage and pledge. A corresponding guarantee contract shall be signed separately for the guarantee. The scope of guarantee covers all debts incurred under the cardholder's credit card (including but not limited to the principal and interest, over-limit fees, late fees and recourse fees for overdrafts within and outside the credit line).
(6) After receiving the credit card, the cardholder shall immediately sign the same signature as the credit card application form in the signature column on the back of the credit card, and use the same signature when using the credit card, otherwise the cardholder shall be responsible for the losses arising therefrom. Card issuers also provide cardholders with inquiry passwords and transaction passwords (that is, cash advance passwords and credit card consumption passwords) through designated channels.
China Merchants Bank credit card bill staging simulator
Open the credit card homepage of China Merchants Bank and click "Financial Installment"-"Bill Installment" in the horizontal menu. There is a bill installment calculator on the left side of the page, which can simulate the calculation.
24 months, 300 thousand credit card. How to calculate the cost?
Hello! Assume that the total credit card bill of China Merchants Bank is 300,000 yuan in installments, divided into 24 installments. Total repayment amount per installment: 14540 yuan; Handling fee for each period: 2040 yuan.
Whether the staging can be successful requires the credit card center to review. Credit card bill installment calculator of China Merchants Bank;
If you still have questions, I suggest you solve the credit card problem anytime and anywhere through the credit card intelligent service platform. Click here for details.
China Merchants Bank credit card installment calculator: 5,000 yuan for 3 periods.
Due to the sudden situation, I needed to spend a lot of money, but the bill was not paid. Many friends may have such distress. In fact, don't worry, because the installment of bills can relieve your repayment pressure very well. Then, the credit card consumption of China Merchants Bank is 5,000 yuan. How much handling fee and principal do you need to pay in three phases? Let's do it with a calculator.
I. Introduction to Installment Payment of Credit Card Bill of China Merchants Bank
Credit card bill installment payment is a kind of credit card installment payment, which means that the credit card holder asks the credit card center to return the consumption amount to China Merchants Bank in installments after using the credit card.
Installment payment of credit card bill is the simplest installment payment method. You only need to call China Merchants Bank Credit Card Center or log in to personal online banking to apply for installment payment during the period from credit card consumption to due repayment date. Generally, as long as there is no bad personal credit record, you can get approval.
Second, China Merchants Bank credit card billing installment rules
1. Application amount: The minimum application amount is 300 yuan RMB, and the maximum application amount does not exceed 95% of the total RMB consumption in the billed bill.
2. Application time: the day after the bill date to the final repayment date.
3. Application method: You can apply online, or by SMS or telephone.
4. Number of periods and commission rate:
Note: handling fee = the handling fee rate of the total installment amount, which is recorded and collected in one lump sum on the first billing day after installment.
For example, Xiaoya, a card friend, had a bill of 5,000 yuan in April, and felt that repayment was under pressure, so he called the Credit Card Center of China Merchants Bank to apply for the installment of the three-phase bill, and the application was approved.
Installment amount that can be handled: 5000×95%=4750 yuan.
For the last repayment, you only need to pay 250 yuan (the bill is divided into stages successfully, and the total repayment amount is 5,000-4,700 yuan).
Repayment principal of each installment: 4750÷3= Yuan.
The repayment for each installment is: 4,750 ÷ 3+4,750× yuan.
The online introduction of China Merchants Bank credit card installment calculator and China Merchants Bank credit card installment calculator ends here. I wonder if you found the information you need from it?