Yes. You can submit an application to terminate installment repayment to the bank's customer service center. The application time is from the date of successful installment application to the penultimate installment bill before the installment bill is generated. After the early repayment application is successful, the cardholder should repay the early repayment amount and the installment fee corresponding to the early repayment period in one go. Installment fees accumulated are non-refundable.

Is there any interest on the minimum repayment of China Merchants Bank Credit Card?

The minimum repayment of China Merchants Bank credit card carries interest. The general minimum payment is 10% of the current credit card bill, as interest accrues daily on the remaining outstanding bill. It should be reminded that the interest on the remaining unpaid amount will be calculated from the date of consumption by the cardholder, and the interest will be calculated based on the daily interest rate of 5,000.