Which is the higher interest rate, credit card or flower shop?

Credit cards and flower shops are common consumer credit products, and the level of interest will directly affect consumers' decision-making when choosing. My simple answer to your question is as follows:

1. The interest rate of the credit card depends on the specific credit card type. Generally speaking, the lowest interest rate given by banks is around 1%. If special concessions are considered, the interest rate may be lower. However, if users can't repay the loan on time, they will pay a penalty interest, and some banks will pay a higher penalty interest, up to more than 50%. Therefore, when handling credit cards, many people will pay attention to basic information such as credit card quota and interest-free period, but they can't ignore interest.

2. The interest rate of Huabai is relatively high. At present, the highest interest rate is 1.5% per month. Its advantage is that the consumption process is simple and fast, and it supports repayment by installments to 24 installments. Of course, Bai Hua regularly holds some promotional activities, and the preferential strength is still relatively large.

However, it should be noted that credit cards and flower beds are not suitable as long-term loan tools. If you need a large loan, it is recommended to choose a formal financial institution loan. If there are too many loans, it is recommended to know your credit data well. Looking for "Changbai Data" to generate a big data report can reflect the real situation of online lending. Although there are differences between the two, bank loans will also pay attention to the credit situation of big data to avoid the situation that individuals cannot repay bad debts. Bad credit will affect many rights.

To sum up, it seems that credit card interest is small, but it also has risks. Flower buds seem to have a relatively high interest rate, but the consumption process and repayment method are more convenient, and sometimes they can enjoy greater discounts. So you should choose according to your personal situation and needs.