Yes, credit card bills can be repaid in advance after installments. Under normal circumstances, early repayment of credit card bills requires a one-time payment of the remaining principal. The handling fees for each period that have been recorded are not refundable, and the handling fees for the remaining periods still need to be charged. Whether the remaining handling fees are actually charged is subject to bank regulations. For details, please call the card-issuing bank's customer service hotline.

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 credit card company to consumers with qualified credit.

Consumers holding credit cards can shop or consume at specially designated commercial service departments, and then the bank will settle the accounts with the merchants and cardholders. Cardholders can overdraft within the prescribed limit.

Product types:

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

2. According to the different objects of issuance, it can be divided into corporate cards and personal cards.

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

4. According to different repayment 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.

Generally, the one-year credit card installment fee is lower than the one-year cash withdrawal interest of RMB 18, but higher than the bank's one-year commercial loan interest of RMB 5.31. It is worth mentioning that commercial bank loan interest rates have been reduced many times in recent years, but the standards for credit card installment fees and cash withdrawal interest have rarely changed. Although the standards for credit card installment fees vary from bank to bank, the calculation method is roughly the same.

Assume that the installment amount is 1,200 yuan, divided into 12 installments, with each installment (month) repayment of 100 yuan, the handling fee is 0.6/month, the actual monthly deduction:

100 1200×0.6=107.2 yuan.

If other factors are not taken into account, the convertible nominal annual interest rate is 7.2. However, the cardholder does not always owe the bank 1,200 yuan. In the last month, he actually owed the bank only 100 yuan, but the bank still owes the bank 1,200 yuan. A handling fee of RMB 1,200 is charged.

According to calculations, the true annual interest rate paid by cardholders is approximately 15.48.

The correct calculation formula should be:

1200*0.6*(1 0.6)^12/((1 0.6)^12-1)=103.94 yuan,

Pay an additional 3.2 handling fee per period.