There is a handling fee for early repayment of credit cards by installments, usually in the following situations:

1. The credit card will be phased in advance, but the remaining handling fee will be charged. Bank of Communications, China Merchants Bank, China Guangfa Bank, and China Construction Bank all charge credit card prepayment fees in this way.

2. There is no residual fee for prepayment by credit card installment, but additional prepayment fee is required. In this way, there are CITIC Bank, Shanghai Pudong Development Bank and Minsheng Bank.

Can I repay in advance by credit card installment?

You can repay in advance. After choosing credit card installment, the cardholder will choose one-time repayment when his own economic situation is good. If he wants to repay in advance, he still needs to repay the remaining unpaid amount together with the handling fee, which is not cost-effective. If the cardholder doesn't care about the interest, he can also apply to the bank to terminate the installment. The bank will include the remaining unpaid items and handling fees in the next bank statement, which will be repaid in one lump sum after maturity.