Credit card can be repaid in advance by cash installment, and the specific fee reduction standard for prepayment is uncertain, and the relevant regulations of different banks are different:

1. When ICBC prepays in cash installments, it does not charge the handling fee for the remaining installments, but only charges 3% of the prepayment amount as the handling fee.

2. When the credit card of Agricultural Bank of China is paid in cash by installments, only the installment fee of the current period can be returned, and the paid fee will not be refunded.

3. When the credit card of Bank of Communications repays in cash in installments, it is necessary to pay off the principal and handling fee payable in each installment in one lump sum.

4. When the credit card of China Bank repays in advance by cash installment, the cardholder also needs to ask for the remaining principal and handling fee of all installments at one time.

Cash installment, also known as cash withdrawal installment, is generally a installment method that the credit card holder applies or the issuing bank actively invites the cardholder to apply, converts the credit limit in the cardholder's credit card into cash, transfers it to the designated debit card (the Bank or other banks), and returns it according to the specified number of installments each month.

In order to face the increasingly fierce credit card cashing, many banks, such as Huaxia Bank's Yidajin business, transfer the credit line of credit card to the applicant's account in stages after reviewing the applicant's qualifications, providing disguised cashing.

Cardholders can use cash in advance only by returning the fixed principal and handling fee every month. Generally, the handling fee rate of cash installment will be higher than that of the issuing bank that consumes installment products and lower than the circulation interest rate of 0.5‰.

Interest rates of banks:

1. ICBC:

ICBC's credit card cash installment can be mainly divided into three periods, six periods, nine periods, 12 period, 18 period and 24 periods, and the corresponding rates are 1.34%, 2.35%, 3.35%, 4.35%, 6.83% and 8.99% respectively.

2. China Construction Bank:

The credit card cash installment of China Construction Bank can be mainly divided into three installments, six installments, 12 installment, 18 installment and 24 installment, in which the rate of each installment is 0.8 1%, and the rate of each installment is 0 for six installments, 12 installment, 18 installment and 24 installment.

3. Bank of China:

China Bank's credit card cash can be divided into three periods, six periods, nine periods, 12 period, 18 period and 24 periods, and the corresponding rates are 2.4%, 4.8%, 7.2%, 9.6%, 14.4% and18 respectively.

4. Agricultural Bank:

The cash installment of ABC's credit card can be mainly divided into three periods, six periods, nine periods and 12 periods. Among them, the rate is 0.8% for the third installment, and 0.74% for the sixth installment, ninth installment and 12 installment.