As long as your credit card limit is sufficient, you can apply for multiple installments, but you should also pay attention to applying for installments. Credit card installment will charge a certain handling fee, so you should consider it carefully.
Moreover, these expenses can't be exempted because of early repayment, which means that after you apply for installment payment by credit card, these expenses must be paid off when you repay.
The handling fee for credit card installment repayment 1 year is lower than the annual cash withdrawal interest 18% and higher than the bank commercial loan interest 1 year 5.3 1%. Since last year, the loan interest rate of commercial banks has been lowered many times.
However, the standards of credit card installment fee and cash withdrawal interest rarely change. Although different banks have different standards for credit card installment fees, the calculation method is roughly the same.
Extended data:
charging standards
ICBC is divided into three phases:1.65%; 3.6% in the sixth period; 5.4% in the ninth period; 12 7.2%; 1811.7%; 24 issues15.6%; One-time charge
China Construction Bank is divided into three phases, with a monthly handling fee rate of 0.7%; The sixth stage is 0.55%; 12 is also 0.55%; Charge by the month
The Agricultural Bank of China has a fixed rate of 0.6% and charges a monthly fee.
China Bank is divided into three phases:1.95%; 3.6% in the sixth period; 5.4% in the ninth period; 12 7.2%; 1811.7%; Issue 2415%; One-time charge
China Merchants Bank is divided into three phases, 0.9%; 0.75% in the sixth stage; 12 0.66%; One-time charge
Bank of Communications is divided into three phases, six phases 12, 24 phases are all 0.72%, and the monthly handling fee is charged.
Everbright Bank pays 0.5% of the total installment amount in each installment, and charges a monthly handling fee.
Industrial Bank is divided into three phases, 2.4%; 3.9% in the sixth period; 7.8% of 12; 1811.7%; 24 issues15.6%; One-time charge
Minsheng Bank is divided into three phases, and the monthly handling fee rate is 0.82%. The sixth stage is 0.7%; 0.67% in Phase 9 and 0.67% in Phase 12; 18 0.67%, 24 0.7%; Monthly collection program.
CITIC Bank is divided into three phases, and the monthly handling fee rate is 0.8%. The sixth stage is 0.8%; 0.76% in the ninth period; 0.73% during 12; 0.75% during 18; 0.75% in 24 periods; A one-time fee of less than 20,000 yuan (including 20,000 yuan) (installment amount) will be charged, and a fee of more than 20,006,5438 yuan +0 yuan (installment amount) will be paid in installments according to the number of processing periods.
Ping An Bank is divided into two phases or three phases, and the monthly handling fee rate is 0.7%. 0.68% in stage 4~6; 0.66% in stage 7-9; 10~ 12 installment payment of 0.64%, monthly handling fee.
Baidu encyclopedia-credit card bill installment