The average monthly fee rate of the third, sixth, ninth, 12 and twenty-fourth phases of ABC is 0.6%.
The average monthly fee rate of Bank of Communications is 0.93% for the third period, 0.8% for the sixth period, and 0.72% for the ninth period, 12 period, 18 period and 24 period respectively.
The average monthly commission rate of China Construction Bank's bills is 0.75% for the third installment, 0.7% for the sixth installment, 0.6% for the 12 and 18 installment, and 0.62% for the 24th installment. The monthly average handling fee rate of cash installment is 0.8 1% for three installments, 0.75% for six installments, 12 installment, 18 installment and 24 installments.
It should be noted that the longer the installment time, the lower the rate. It seems that the longer the installment time, the better, which can reduce the monthly repayment pressure, but because the monthly handling fee = total installment amount × monthly average rate. The longer the number of periods, the more the corresponding handling fee. For example, Ms. Wang's billing date is 15 every month. After the bill was paid on June 5438+1October 65438+May, the total amount payable for the current bill was 10000 yuan (both RMB consumption amounts). Ms. Wang felt certain repayment pressure and applied for six installments with a total payable amount of 9000 yuan. For example, the monthly average handling fee rate of the sixth installment is 0.7%, and the monthly principal she needs to repay is 1.500 yuan, and the handling fee is 9,000 yuan ×0.7%=63 yuan, and the handling fee of the sixth installment is ***63 yuan× 6 = 378 yuan. If 12 installment is selected, the monthly average handling fee rate is 0.6%, and the principal needs to be repaid every month in 750 yuan. The handling fee is 9000 yuan ×0.6%=54 yuan. The handling fee of 12 is * * 54 yuan × 12=648 yuan, which is more than that of 270 yuan.
In Xinjiang, ICBC adopts the method of collecting all the installment fees in the first phase, which means that all the fees are collected in the first month, so the total fees can be calculated better. Calculated by installment 10000 yuan, three installments 150 yuan, six installments 240 yuan, nine installments 360 yuan, 12 installment 420 yuan, 18 installment 540 yuan, 24 installments 720 yuan and 36 installments 1080 yuan. As you can see, it is also 10000 yuan, divided into three phases and 12 phases, and the difference in handling fees is nearly 1000 yuan. (source: southern wealth. com)
Banks will also have minimum payment by installment, such as ICBC 600 yuan and CCB 500 yuan. At the same time, banks generally do not encourage prepayment, and most banks have such a provision in installment payment service: if the cardholder applies to pay off the outstanding installment balance in advance, the cardholder must pay off the outstanding installment balance and handling fee in one lump sum.
During the activity
It is more cost-effective to pay by installment.
In order to encourage consumers to adopt installment payment, major banks will also launch some preferential activities for handling fees.
For example, during the period from June 5438+1October1May-March 3 1 of the Agricultural Bank of China, credit card holders (except for business cards and quasi-credit cards) can enjoy 0.54%, 0.46% and 24% respectively by repayment in installments through channels such as personal banking, online banking, SMS and WeChat. Liangju Credit Card (original mortgage credit card) can enjoy the preferential handling fee rate of 0.54%, 0.3% and 0.3% respectively for the installment payment of the 6 th, 12 and 24 th bills; Cardholders of credit cards (except business cards and quasi-credit cards) can enjoy preferential handling fee rates of 0.56%, 0.52%, 0.52% and 0.52% respectively when they pay in installments of 3, 6, 9 and 12 through banks, online banking, outlets and customer service centers. Liangju Credit Card can enjoy a 0.35% discount on the cash installment payment for the 3rd, 6th, 9th and12nd installments.
65438+311From October 3 to March 30, China Bank credit card holders can enjoy a 20% discount on the handling fee rate when they handle the installment business of 12, 18 and 24.
In addition, ICBC recently launched a credit card summary installment business. The reporter learned from the Industrial and Commercial Bank of China Yili Branch that ordinary installment requires a single consumption to exceed that of 600 yuan, while the summary installment business allows multiple consumption, so as long as the amount exceeds that of 600 yuan, you can apply, and there is no restriction on designated merchants or commodities. There are 3, 6, 9, 12 and 24 issues to choose from. At the same time, during the billing period, the cardholder can choose to pay the total amount by installments, or choose to pay part of it by installments and repay the rest in the current period.
In addition, China Industrial and Commercial Bank's personal credit consumer loan brand, ICBC Rong E Loan, was officially launched on June 5, 65438. Eligible borrowers can obtain unsecured, unsecured and pure credit RMB credit consumption loans. The loan amount of ICBC (Rongge) is 6-800,000 yuan, with the longest loan period of 5 years and the longest grace period of 12 months (no repayment is required during the grace period). Applications and loans can be processed through online channels, and the accounts can be received in real time as soon as possible.
The reporter learned from China Industrial and Commercial Bank Yili Branch that from now until February 28th, personal credit consumption loans can also enjoy preferential tax rates of 5.22% for the 3rd, 6th,12nd and12nd, and 5.7% for the 24th installment, and support repayment methods such as matching principal and interest, average capital, one-time repayment of principal and interest by installments, and one-time repayment of principal and interest.
65438+1 October1till February 28th, ICBC also has preferential activities in cash installment. The average monthly handling fee rates for the 3rd, 6th, 9th, 12, 18 and 24th periods are 0.8%, 1.4%, 2%, 2.6%, 4. 14% and 5.45 respectively. During the interview, the staff of China Industrial and Commercial Bank Yili Branch calculated an account for the reporter. Taking the activity period as an example, the personal credit consumption loan 1 000 yuan is repaid in three installments, six installments, nine installments, 12 installment, 18 installment and 24 installments, and the interest is 87. 12 yuan and 65438 yuan respectively. By cash installment, the total handling fees of the third installment, the sixth installment, the ninth installment, 12 installment, 18 installment and the 24th installment are 80 yuan, 140 yuan, 200 yuan, 260 yuan, 4 14 yuan and 545 yuan respectively, and the average daily interest is less than/kloc-0.