1. Can Industrial Credit Card Bill Installment be repaid in advance? Yes, but you need to apply in advance. The application method is very simple. You just need to call the Industrial Credit Card customer service hotline 95561 to apply. After the bank is approved, it will handle the early repayment for you, and then calculate your remaining unpaid principal and the handling fee for the remaining installments. It is incorporated into the minimum repayment amount of the next credit card bill. You only need to repay according to the bill. After the repayment is successful, your credit card bill installment will be completely terminated.
2. Is it cost-effective to pay off the Industrial Credit Card bill in installments in advance? Whether it is cost-effective to repay your bill in installments in advance mainly depends on whether the handling fees for the remaining outstanding installments need to be charged. If you pay the Industrial Bank credit card bill in advance in installments, you will not be exempted from the handling fee for the remaining outstanding installments. There are two situations: 1. For the handling fee charged in installments, the early repayment will be a one-time payment. The unpaid principal and installment handling fees for the remaining installments will be deducted. 2. For renewals that are charged in one go, the installment handling fees collected in the previous period will not be refunded. The above is the relevant introduction to "Can Industrial Credit Card Bills be repaid in installments in advance? Is it cost-effective to repay in advance?" All in all, Industrial Credit Card bill installments can be repaid in advance, but you must apply to the bank to terminate the bill installments. And the handling fee for early repayment of the remaining outstanding installments will not be reduced, so it is not very cost-effective.