1. ICBC credit card installment fee: 3 installments are free, 6 installments 1.8%, 9 installments 2.7%, 12 installments 3.6%, 18 installments 5.85%, and 24 installments 15.6%. (One-time charge)
2. Agricultural Bank of China credit card installment fee: 0.6% per month (charged monthly).
3. Bank of China credit card installment fee: three 1.95%, six/3.6%, nine/5.4%, 12/7.5%, 241.7% (one-time charge).
4. Installment fee of CCB credit card: 0.7% for the third installment and 0.6% for the sixth installment, 12 installment (charged monthly).
5. Credit card installment fees of CITIC Bank: 1, 1.50%, 0.82% for the third installment, 0.82% for the sixth installment, and 0.77% for the second installment (charged monthly).
6. Installment fee for Pudong Development Credit Card: 0.72% for the third installment, 0.7% for the sixth installment and 0.66% for the 12 installment (charged monthly).
7. Credit card installment fee of China Merchants Bank: 2 1.0%, 3/0.9%, 6/0.75%, 10/0.7%, 12/0.66%, 18/24/0.68%.
8. Bank of Communications credit card installment fee: 0.72% per month (charged monthly).
9. Installment fee of Guangfa Credit Card: 0.65% for the 6th installment, 12 installment, 0.7% for the 8th installment, and 0.72% for the 24th installment (charged monthly).
10, installment fee of everbright credit card: apply for installment repayment before consumption, 12 installment, and charge 0.5% every month. There are three issues, six issues, nine issues and 12 issues, and the handling fees are 2%, 4%, 5% and 6% respectively.
Matters needing attention in installment payment;
1. Minimum repayment amount with high interest. "Minimum repayment amount" refers to the minimum repayment amount stipulated by the issuing bank when the cardholder fails to repay all the payables before the due repayment date. Generally, the minimum repayment amount is 10% of the consumption amount and other payables. If the loan cannot be repaid before the repayment date, the cardholder who enjoys the minimum repayment amount will be charged high interest by the bank.
It's easy to cancel the automatic installment application. "Automatic installment" is a special setting of credit card limit. As long as the bill consumption of each period reaches the agreed amount, the bank will automatically treat the business as an installment business. Some consumers clicked on automatic installment when they applied for a card. Even if the online shopping costs 65,438+00 yuan, it will be paid by the bank automatically in installments. Needless to say, in terms of rates, automatic installment business needs to bear high rates.
3. Interest-free loans are actually high fees, and many preferential activities of banks will introduce interest-free loans. Its essence is to promote installment payment service to cardholders, but the tool has become a cash limit, and the rate is often higher than the ordinary installment service fee. The reason is that the investment of consumer funds in this installment business is uncertain and the risk is higher than that in the traditional installment business, so the handling fee required is slightly higher. (One-time charge)
How to calculate the installment fee of credit card in China Bank?
The maximum fee standard for installment consumption of China Bank Tesco is: 0.65% for the third installment, 0.60% for the sixth installment, 0.60% for the ninth installment, 0.60% for 12 installment, 0.65% for 18 installment and 0.65% for the 24th installment, for example, 1000 yuan. Because each region will also carry out preferential activities of handling fee rate according to market conditions, the specific handling fee will be subject to the display at the time of business handling.
The above contents are for your reference. Please refer to the actual business regulations.
If you have any questions, please contact online customer service of Bank of China.
You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GOAPP to handle related business.
How to calculate the credit card installment fee?
The calculation method of credit card handling fee is: the transaction amount is calculated by stages, and the handling fee rate is calculated by stages.
The credit card installment fee rates of different banks are different, and the fee rates in different periods are also different. The specific charging standards should be calculated according to the standards of various banks.
For example, the credit card bill of China Merchants Bank is 3,000 yuan, and the single-period rate is 1.5%. If the sixth installment is selected, the handling fee is 300,065,438+0.5% 6 = 270 yuan, and the prepayment handling fee cannot be reduced.
Extended data:
Credit card installment means that when using a credit card, the cardholder has no money to repay in full on the repayment date, so he will choose the minimum repayment or installment repayment. The minimum repayment is daily interest, while credit card installment repayment is to directly calculate the installment fee, and the cardholder repays according to the monthly recorded amount.
Credit card installment cancellation:
After credit card installment, the system is not implemented or within the cancellation time specified by the bank, you can call customer service directly or cancel the installment through online banking.
If credit card installment payment has been implemented, the cardholder cannot cancel it. However, you can choose to prepay. It is worth noting that cardholders must have enough funds to repay in full before they can apply to the bank to settle the installment payment in advance. In addition, the prepayment installment fee still needs to be paid, but no additional prepayment fee will be charged.
It is worth mentioning that if your credit card repayment date is 13, and you have no money to repay in full, and the payday is 15, then the minimum repayment method is the most cost-effective compared with installment repayment.
The difference between credit card transaction installment and bill installment;
1. Different time:
Generally, after the consumption occurs, the transaction is made in installments, but the bill has not yet come out; However, the bill installment is usually carried out before the repayment date after the bill comes out.
2. Different quantities:
If the credit card is used for transaction installment payment, you can usually pay the total amount of the whole transaction in installments, while if it is used for bill installment payment, you can only pay 90% to 95% of the bill amount in installments.
In addition, their respective commission rates may be different (of course, whether it is transaction installment or bill installment, the number of installments selected is different, and their respective commission rates themselves will be different, depending on the page display). The number of installments may also be different. For example, some credit cards can choose to divide the bill into 36 installments, while the transaction installment can only be divided into 24 installments at most, without the option of 36 installments.
How to charge the handling fee for credit card bills in installments?
China Bank's credit card bill installment interest is "installment payment, monthly bill repayment".
Interest is charged by installments: 0.65% for the third installment, 0.6% for the sixth installment, 0.6% for the ninth installment, 0.6% for the 12 installment, 0.65% for the 18 installment and 0.625% for the 24th installment.
Interest is charged according to the interest rate shown at the time of actual handling.
The above contents are for your reference. Please refer to the actual business regulations.
If you have any questions, please contact online customer service of Bank of China.
You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GOAPP to handle related business.
How to calculate the credit card installment fee?
Calculation formula of credit card installment fee:
Handling fee = installment interest rate of installment principal.
For example, the credit card is divided into 12 installments of 3000 yuan, and the handling fee rate is 0.72%, and the handling fee for each installment is 3000/120.72%+3000/12.
Credit card bill installment application requirements:
1. Time to apply for installment bills
From the trading day to the repayment date, you can freely choose the installment transaction under RMB or USD account.
For unbilled transactions: you can apply for installment payment between the transaction date and the billing date of the bill corresponding to the transaction, and the billing date is 19:30.
For issued bills: you can apply for installment payment from the day after the bill date to the due repayment date (for customers with automatic repayment in their accounts, the application deadline is 17:00 of the due repayment date).
2. Conditions for applying for installment bills
The applicant must hold a personal card with a bank credit card, have a good record of using the card and have no delay in repayment at present. Customers who only hold business cards, business cards, shopping cards, ANA guarantee cards or supplementary cards are temporarily unable to apply for bill installment.
3. Bill installment application amount
For RMB installment payment business, the minimum application amount shall not be less than 300 yuan RMB each time; For installment payment in US dollars, the minimum application amount shall not be less than US$ 65,438+000 each time. After the installment of RMB or US dollar bills is successful, the principal and handling fee of each installment will be credited to the RMB account, that is, the installment amount of US dollar bills will be converted into RMB at the exchange rate specified at the time of application.
How to calculate the credit card installment fee?
The calculation method of credit card fee is: transaction amount × installment fee rate × number of installments.
The handling fee rate is different in different periods, depending on the bank's standards. For example, if you spend 6,000 yuan in three installments and the handling fee rate is 1.95%, the handling fee for each installment is 39 yuan, and the monthly repayment amount is 2 1 17 yuan. The handling fee rate for the sixth installment is 3.6%, so the installment fee for each installment is 36 yuan.
I believe that many people will receive enthusiastic text messages or even phone calls from banks after using credit cards, reminding users that they can use the installment repayment service. The reason given by the bank is that staging has many advantages, such as extending the repayment period of credit cards, alleviating the short-term financial pressure and avoiding overdue credit cards.
But in fact, banks are also unprofitable and cannot pay in advance. It is obviously unkind to suggest users to choose installment repayment. So what are the benefits of credit card installment repayment for banks? It's actually quite simple. User's installment repayment can bring benefits to the bank. If the user repays in full before the last repayment date, the bank will not earn a dime from the user.
From the bank's point of view, vigorously promoting credit card business is ultimately to achieve profitability. And if most credit card users spend their credit cards normally, repay on time, do not withdraw cash excessively, and do not repay in installments, and everything follows the rules, then there will be no expenses, and the bank will truly become a charity.
At present, the bank card installment repayment fee is generally six thousandths. If your credit card bill is 12000 yuan and you repay it within one year, then the monthly repayment principal is 1000 yuan, and the handling fee is 72 yuan, and the handling fee generated in one year is 864 yuan. Then, according to the interest rate, the one-year interest rate will reach 13%, which is already a very high interest rate level.
Therefore, the advice given by the bank cannot be easily listened to, and no one is smarter than the bank in accounting.
This is the end of the introduction on how to calculate the credit card installment fee and how to calculate the credit card installment fee. I wonder if you have found the information you need?