Credit card installment does not require interest, and generally only charges a handling fee. The handling fee rates of different banks are different. For example, CCB's credit card is divided into 24 periods, with a handling fee of six thousandths and a charge of 6,000 yuan. The handling fee for each issue is 60,000.006 = 36, which means that besides 36 yuan, you have to pay (6,000/24) = 250, which is 286 yuan.
1. What is a credit card loan?
Credit card loan means that the bank gives a certain amount according to the credit status of the credit card holder, and the cardholder can use the credit card for credit card consumption.
2. Credit card loan repayment method:
Credit card loan repayment methods are divided into one-time repayment and installment repayment. Installment payment is one of the credit services of bank credit card consumption, that is, credit card holders can choose to divide the total price of purchased goods or services into 3, 6, 12 or 24 installments (months) on average.
3. Under what circumstances do credit cards need to charge interest (handling fees)?
1. Cash withdrawal interest
Is to withdraw cash directly from the ATM. This method will produce two kinds of expenses, one is interest and the other is handling fee. At present, the interest of major banks is 15000 yuan/day, and the handling fee varies from bank to bank, generally between 1%-3%.
2. Interest generated after overdue.
If the repayment is overdue, the bank will charge interest from the day you swipe your card, and the interest is generally one day in 5 yuan 1 10,000 until the day you repay in full.
3. Interest on installment repayment
This stage generally refers to a fixed number of stages.
At present, the staging intervals of banks are generally 3, 6, 9, 12, 24 and 36. The figures for this period are not uniform among banks. For example, Shanghai Pudong Development Bank can only match 24 issues at most, and some banks can match 36 issues.
Friends who need to handle this business must consult the bank clearly.
At present, the installment interest rate (now called installment fee by many banks) is not uniform among banks, and the approximate range of each bank is between 0.5% and 0.8% per month, with equal repayment of principal and interest.
4. Minimum repayment interest
Now all banks have a minimum repayment amount. In general, the credit card spending is 1 10,000 yuan, and the minimum repayment is 10%. If 1000 yuan is paid back before the repayment date, the credit information is normal at this time and it is not overdue.
Interest will be charged according to the outstanding part of the full repayment, starting from the day of swiping the card. There is no interest-free period, and the daily fee is still 5,000.
How much do I have to pay back every month after I use the 6000-point 12 credit card?
The monthly interest rate of credit card installment is generally around 0.78%-0.8%. If calculated by 0.76%, the interest of 1 installment is: 6000 x 0.78% = 46.8 yuan; 12 installment interest is: 46.8x 12=56 1.6 yuan; The repayment amount of each installment is: 6000/ 1246.8=546.8 yuan; The first period is 30 days, that is, one month, and the 12 period is one year. The above interest rates are for reference only, and the final interest rate is subject to bank telephone customer service.
1. Steps for applying for credit card bills of CITIC Bank in installments:
(1) Conditions for installment application of credit card bills of China CITIC Bank:
1. Credit card holders of China CITIC Bank meet the conditions for handling bills in installments; (Except for business card holders and foreign card holders, supplementary card customers can be applied by the main card holder. )
2. The monthly bill installment amount of CITIC Bank credit card holders is 200 yuan and above; (Except for transactions that cannot apply for bill installment)
3. The maximum amount of credit card holders of CITIC Bank applying for bill installment shall not exceed 95% of the current bill amount.
(2) Unable to apply for installment transaction of credit card bill of CITIC Bank;
1. installment payment transaction has been processed;
2. Dispute transactions, cash withdrawal transactions and various interest charges (including but not limited to handling fees, interest, late fees and other credit card charges, etc.). );
3. Unrecorded transactions and other transactions designated by banks.
(3) Time and channel for applying for credit card bill installment of CITIC Bank.
Time to apply for credit card bill installment of CITIC Bank: The cardholder must handle the bill installment business from the day after the current billing date to the day before the final repayment date.
Credit card bill installment application channels of CITIC Bank: Cardholders can apply through our customer service hotline, sales line, credit card online banking, mobile phone card space, SMS, WeChat and other channels.
(4) After the cardholder successfully applied for the installment of the credit card bill of CITIC Bank, the number and amount of the installment application cannot be changed.
2. How does CITIC Credit Card repay in installments?
1. Fixed amount installment repayment. This is allowed. Fixed line is the credit line that can be swiped at ordinary times (excluding temporary line). If you want to repay by installments, you can choose to repay by installments when you swipe your card, or you can choose to repay by installments before repayment date. Repayment by installments is not interest, but a handling fee for each installment.
2. Repayment in installments with temporary quota. The amount of temporary application for increase cannot be repaid in installments, and the term is usually one month to 90 days. After one month, the credit card amount will be automatically restored to the original amount.
How much is the CCB credit card 6000 for 24 installments every month?
If it is the installment of CCB consumption (that is, the installment of credit card consumption with a single bill exceeding 1000 yuan). ) is divided into 24 periods, and the rate of each period is 0.6%.
The processing time is from the time of swiping the card to two days before the latest billing date. The solution is to call the customer service hotline of CCB.
Installment principal =6000/24=250 yuan.
Handling fee for each period =60000.6%=36 yuan,
Total * * * handling fee for the 24th installment =3624=864 yuan,
Amount payable in each installment =25036=286 yuan.
If CCB's bill is divided into stages (some credit card transactions in the issued bill can be divided into 24 stages), the benchmark rate is 0.62, before 3/3 1, 20% discount, and 0.5% is one stage, and at most 90% of the total consumption of the issued bill can be processed, and all of them are credit card consumption, and the maximum processing amount is = 60000.
Principal of each installment =5400/24=225 yuan.
Handling fee for each period = 54,000.5% = 27 yuan,
Total * * * handling fee for the 24th installment =2724=648 yuan,
Amount payable in each installment = 22527 = 252 yuan.
After the successful installment of the bill, the current bill can only be returned to 600 without installment, and the first installment will be settled next month.
How about 6000 credit card 12 installment repayment? How to calculate the handling fee? Solve,
Hello, if you use China Merchants Bank credit card and have applied for installment bill, the maximum installment amount can reach 95% of the total amount of new RMB credit card consumption in the current period. After the application is successful, the current bill only needs to repay the undistributed amount, and the down payment and handling fee are included in the next bill. Handling fee per installment = total installment amount × handling fee rate per installment. The total installment principal is amortized monthly, and the balance is included in the last installment. At the same time, the installment amount and the handling fee of each period are recorded. We provide cardholders with personalized choices of 2, 3, 6, 10, 12, 18 and 24 installments, and the corresponding handling fees for each installment are 1.0%, 0.9%, 0.75% and 0.7% respectively.
To calculate, please open the page, enter the installment amount on the left, select the number of installments, and click "Simulation Calculation by Staging". Whether the bill installment application is approved or not shall be subject to the comprehensive evaluation results of our credit card center.
Please help me calculate the credit card installment of China Merchants Bank, 6000 yuan _6 months _ Zhongxun _ how much is it still each month _ Huang Huan.
The bill of China Merchants Bank is divided into six installments, depending on what installment you are. The handling fee for each issue is different. If it's a consumption installment, the handling fee is 0.75% under normal circumstances, which means that the installment rate of each installment is 0.75%. Then if you calculate, the handling fee for each period is 60000.75%=45 yuan should return the principal of 6000/6= 1000 yuan, and you should return the interest of the principal of each period = 100045 yuan. Another algorithm is to repay 6000/66000x0.75%= 1045 yuan.
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Advantages and disadvantages of credit card bill installment;
1. Relieve the repayment pressure: The biggest benefit of handling credit card installment business is definitely to reduce the burden. When the single-phase bill is too high, the pressure on cardholders to repay in full will be even greater. The bill can be divided into several months by stages, and the cardholder's repayment pressure will be less. Imagine that if you ask your parents to borrow it, your family will be worried; If you borrow it from a friend, you owe a favor. In the future, it is better to change the meal with the interest of the bank.
2. Credit card bill installment has discounts: the bank will hold some credit card discount activities from time to time, including credit card bill installment. At this time, you can reduce certain interest or handling fees, which is quite cost-effective.
3. Undertaking installment fee: Every bank has to charge a certain fee for credit card installment business, and different banks charge different fees. Take China Merchants Bank as an example. The current handling fee is 0.66%. The longer the installment time, the higher the handling fee. Then, if the installment bill is 5,000 yuan, 33 yuan's installment fee will be charged every month, and 12 installment * * will be charged 396 yuan. And the handling fee will not be reduced, and the advance payment will also be deducted.
4. Easy to lead to over-consumption: As it takes a long time to pay back the money, only a little is paid back every month, so the repayment method of "spending 240 yuan every month and only paying back 20 yuan" is easy to give cardholders an illusion that spending money casually is easy to repay, which is easy to lead to over-consumption, high bills and selfless consumption.
5. It helps to increase the credit card limit: banks operate through fees, interest and annual fees. There is an installment fee for handling credit card bills, so that banks can make money. Of course, banks will hope that cardholders can handle installment business frequently. The underlying rule is that after the cardholder applies to the bank for credit card withdrawal, the bank is more willing to approve it, and the success rate of cash withdrawal will increase.
Ping An Credit Card charges 6000 yuan 12 installment, what is the interest, how much is it paid every month, and how to calculate it.
Ping an credit card installment payment has no interest, only a handling fee. Installment 12 handling fee is 0.75% per month. According to the monthly repayment amount of 6000 yuan on your credit card, it is 6000 x 0.75% 6000-12 = 45500 = 545 yuan.
Ping An Bank Credit Card is the first credit business launched after Shenzhen Commercial Bank merged with Ping An Bank and changed its name to Shenzhen Ping An Bank. In addition to the basic functions of credit card, such as credit consumption and cash advance, it also has many unique functions to provide cardholders with all-round security protection covering "safe consumption, safe home and safe travel".
Consumer losses are fully guaranteed 72 hours before the loss is reported.
-If your credit card is lost or stolen, you can apply to our bank for compensation for the consumption loss of the stolen card within 72 hours before reporting the loss, regardless of whether confidential transactions are set up.
Full guarantee for the loss of cash when the credit card is robbed-if the cardholder is hijacked by gangsters and forced to disclose the credit card password in the cardholder's name under the threat of gangsters, the life and health are seriously threatened, resulting in the loss of the credit card being borrowed in advance by gangsters through ATM machines or bank counters, the cardholder can apply to the bank for compensation.
You can choose the transaction password.
-When you activate this card, the consumption mode we set for you is "signature only". If "with password signature" is selected, please call the 24-hour customer service hotline to apply for settings. After setting the transaction password, you can also modify the password through our ATM, CDM deposit machine, 24-hour customer service hotline or visit our credit card website.
Home security
All Ping An Bank credit card holders can enjoy the protection of family property theft. As long as you activate the card and successfully swipe it once (unlimited amount), you can get free insurance for family property theft and malicious damage to door and window locks. Gold card holders can also get cash, gold and silver jewelry to protect your family safety.
Travel worry-free protection
-As long as you use your Ping An Bank credit card gold card to pay 100% of the current flight (not limited to domestic and international flights) or pay more than 80% (including 80%) of the tour fare (including air transportation), you can get up to 2 million yuan of aviation accident insurance protection.
A number of services make your life worry-free.
Minimum repayment amount is 5%
-Ping An Bank Credit Card can enjoy an interest-free repayment period of up to 50 days. If you repay normally in the first month (that is, not less than the minimum repayment amount in the bill of the current month), the minimum monthly repayment amount will be automatically reduced from the original 10% to 5% from the next month. Keep a good credit record and make your wealth management more comfortable.
Consumption of instant messaging
-When you spend or repay money, regardless of the transaction amount, the bank will immediately send a reminder message to your designated mobile phone. If your mobile phone number changes, please call the 24-hour customer service hotline in time to modify it, or call the area that does not provide 400 service (you can go to official website).
Email consumption reminder
-You can log on to our credit card website (you can choose to read more) or call the 24-hour customer service hotline (you can go to official website) to open the e-mail consumption reminder service. Please dial in areas where 400 services are not available (you can go to official website). Regardless of the transaction amount and type, we will generally send a consumption reminder email to your designated mailbox the day after the consumption occurs. If your e-mail address changes, please log on to our credit card website or call the 24-hour customer service hotline to modify it.
Repayment in consumption abroad and RMB
-Except for transactions prohibited by national laws, the US dollar bills generated when you use Ping An Bank credit card or withdraw cash in consumption abroad can be repaid by purchasing foreign exchange in RMB. You only need to select the function of purchasing foreign exchange on the credit card application form or call the 24-hour customer service hotline. We will complete all the procedures for purchasing foreign exchange for you and repay the corresponding dollar bill.
So much for the introduction of how to pay back the credit card in six thousand installments.