There will be no reduction in interest if you pay off your credit card in one lump sum in advance.

Early repayment of credit card installments. If the installment interest is paid in one lump sum, then the early repayment will not refund the interest already paid. The installment fee is paid monthly, and the interest on early repayment is calculated until the day the principal and interest are paid off to the bank. In addition, users may be required to pay a portion of liquidated damages. When a user settles a credit card installment in advance, the bank may also require the bank to pay a one-time payment for the unpaid installment fee for the remaining principal.

1. If the repayment amount has already been paid out, early repayment will not reduce the interest. When repaying early, you need to repay the installment fee together with it. If the user chooses to pay off the installment debt in one lump sum, he or she can save on the installment fees for subsequent unbilled installments;

2. Of course, different banks have different installment credit card regulations. Can early repayment be allowed? The reduction of handling fees must be subject to the bank's regulations;

3. Since most banks charge the full handling fee for early repayment of installment credit cards, early repayment may not be easy for users. Not a good deal.

Legal basis: Article 37 of the "Measures for the Supervision and Administration of Credit Card Business of Commercial Banks"

The text of credit card application materials printed by the card-issuing bank shall contain at least the following elements:

(1) Applicant information: number, applicant name, valid ID name, ID number, unit name, unit address, residential address, billing address, contact number, contact name, contact number, contact number Personal verification information, other verification information, etc.;

(2) Contract information: receipt contract (agreement), credit card regulations, important reminders, notification methods of changes in contract information, etc.;

(3) Fee information: main charging items and charging levels, charging information inquiry channels, notification methods of changes in charging information, etc.;

(4) Other information: credit cards held by the applicant and their credit limits , applicant statement, applicant confirmation column and signature column, card-issuing bank service telephone number and bank website, complaint channels, etc.