1. Can I prepay my credit card?

Credit cards can be repaid in advance without installment. Whether the account is issued or not, it can be repaid in advance. If you need to repay in advance, you can repay at the counter, online banking or self-service equipment. But for installment payment, it is recommended not to return it in advance.

Most banks charge credit cards in installments, and the handling fee is charged in installments, and it is fixed from the installment. No matter whether the repayment is made in advance or on schedule, the installment fee will not be exempted. Moreover, some banks want to end the installment and need to apply. After the application is completed, the remaining money should be paid back in one lump sum.

Second, the disadvantages of credit card prepayment

There is no harm in prepaying by credit card. After all, the definition of prepayment is flexible. Repayment before the final repayment date or accounting date is regarded as timely repayment. This will not generate interest, nor will it affect the credit information. Cardholders can choose freely according to their own economic ability and personal wishes.

Credit card prepayment has no effect on normal consumption. If there are installments, it is best not to repay in advance, and the handling fee agreed in each installment is not exempted. Therefore, when choosing installment repayment, you should choose the appropriate number of installments according to your own economic ability. In case the economy is affluent, but the installment fee can't be recovered.

Third, how to operate the credit card prepayment?

Normal early repayment can be paid directly. If the credit card repays in advance by installment, you need to call the customer service of the credit card center in advance to help settle the installment procedures in advance. Besides the installment amount, you also need to pay the installment fee. This handling fee is not extra, it is fixed by stages.

After the bank agrees, it will calculate the final repayment amount, which will be included in the minimum repayment amount of the next bill, enough to terminate the installment in advance. If the bank does not agree, it is invalid to repay in advance. If the repayment amount exceeds this time limit, it becomes excessive repayment. Not only can you not deduct the arrears, but you also have to charge a handling fee.

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