Yes, credit card bills can be repaid in advance after installment. Under normal circumstances, when credit card bills are repaid in advance by installments, the remaining principal must be paid in one lump sum, and the recorded fees for each installment will not be refunded, and the fees for the remaining installments will still be charged. Whether the remaining handling fee is actually charged shall be subject to the regulations of the bank. Please call the customer service hotline of the issuing bank for details.

Credit card, also called credit card. It is a non-cash transaction payment method and a simple credit service. A credit card is a credit certificate issued by a commercial bank or a credit card company to eligible consumers.

Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.

Product category:

1. According to different card issuers, it can be divided into bank cards and non-bank cards.

2. According to different card issuers, it can be divided into corporate cards and personal cards.

3. According to the credit status of the cardholder, it can be divided into ordinary cards and gold cards.

According to different payment methods, credit cards can be divided into credit cards and quasi-credit cards.

5. According to the different circulation scope of credit cards, they can be divided into international cards and regional cards.

The general 1 year credit card installment fee is lower than the annual cash withdrawal interest 18% and higher than the bank commercial loan interest 1 year 5.3 1%. It is worth mentioning that in recent years, the loan interest rate of commercial banks has been lowered many times, but the standard of credit card installment fee and cash withdrawal interest has rarely changed. Although different banks have different standards for credit card installment fees, the calculation method is roughly the same.

Suppose the installment amount is 1200 yuan, divided into 12 installments, and each installment (month) repays 100 yuan, and the handling fee is 0.6%/ month, which is actually deducted every month:

100+1200× 0.6% =107.2 yuan.

If other factors are not considered, the convertible nominal annual interest rate is 7.2%. But the cardholder did not always owe the bank 1.200 yuan. In the last month, he actually only owed the bank 1 1,000 yuan, but the bank still charged the handling fee according to 1, 200 yuan.

According to the calculation, the actual annual interest rate that the cardholder has to pay is about 15.48%.

The correct calculation formula should be:

1200 * 0.6% * ( 1+0.6%) 12/(( 1+0.6%) 12- 1) = 103

Pay an extra 3.2% handling fee for each period.