A card friend consulted that he had set up a special debit card for CCB to pay in installments, with a quota of 40,000 and repayment in 24 installments. However, after handling it, I found that I couldn't withdraw cash and I could only use a credit card, so I didn't want to use it. The money on the card is useless, so I just want to know if I still don't repay it, and do I have to pay a handling fee. If you have similar questions, you might as well learn about them with us.

Does CCB need to repay by installments?

What I want to say here is that as long as you successfully apply for the installment plan of CCB and the money has been credited to your special debit card for installment plan, you must repay the loan on time regardless of whether you use it or not, and pay the handling fee according to the contract when applying. Most importantly, the bank will not deduct money from your special debit card for repayment, but you must repay it with the installment credit card issued at the same time when you apply.

The bank will give you a bill every period, and you must repay it at the end of the credit card. In addition to the principal, you need to pay a part of the installment fee. And no matter how many installments are paid, the money paid back every month is fixed, including the principal and handling fee.

For example, if you apply for 40,000 installments, the installment interest rate is one month:

Principal of each installment = 40,000 /24 = Yuan.

Handling fee for each period = 40,000 yuan.

Installment amount = yuan.

Total handling fee for the 24th installment = 160*24=3840 yuan.

If you really don't want to use installment and pay extra fees, I suggest you call China Construction Bank directly and ask for repayment in advance. Repayment in advance by installment does not need to pay the remaining fees, but it needs to repay all the principal, and the fees already collected will not be refunded.

CCB will charge a one-month handling fee for prepayment in cash installments.

Cash installment repayment of CCB credit card.

The answer is no, cash installment prepayment usually charges a certain percentage of handling fee. In addition to collection, credit card cash installment prepayment often requires a certain penalty, and the handling fee is 50% of the prepayment amount. In prepayment, the unpaid principal is included in the prepayment principal at one time. As for the prepayment fee, banks differ. State-owned banks such as China Construction Bank, Agricultural Bank of China, Bank of China and Industrial and Commercial Bank of China all require handling fees for early repayment, of which ICBC needs to charge a handling fee of three months. Agricultural Bank of China and Bank of China need to charge a handling fee of 3 months, others.

How does CCB charge the handling fee by stages?

The installment fee of CCB is charged by installments. If the repayment is made in advance, the fees already collected will not be refunded, but the later fees can be saved. Of course, CCB does not charge liquidated damages in installments, and users can decide whether to repay in advance according to their own financial situation. Early repayment can reduce debts and relieve the psychological pressure of borrowers. However, if the handling fee is charged at one time, there is no need to prepay it, because prepayment can't save the handling fee.

The latest installment rate is 0.4% per month. For example, if you apply for 40,000 installments, the installment principal = 40,000 /24 = 1.666 yuan, the installment fee = 40,000 * 0.4% = 1.60 yuan, and the repayment amount of each installment = 65,438 yuan.

China Construction Bank is a national vice-ministerial unit and a large state-owned bank managed by the central government. Established in June 1 954 65438+1October1,the head office is located at No.25, Beijing Financial Street. The main business areas of China Construction Bank include corporate banking, personal banking and treasury business, with branches and subsidiaries in more than 20 countries and regions, and subsidiaries in many industries such as funds, leasing, trust, life insurance and property insurance.

On August 27th, 20021year, China Construction Bank published the semi-annual performance report for 20021year. The report shows that during the reporting period, China Construction Bank achieved an operating income of 465,438+063.32 million yuan, a year-on-year increase of 7.00%; The net profit was 65,438+0,5465,438+0.06 billion yuan, a year-on-year increase of 65,438+00.92%.

China Construction Bank Co., Ltd. is a leading large commercial bank in China, headquartered in Beijing. Its predecessor, China Construction Bank, was established in June 1954. The Bank was listed on the Hong Kong Stock Exchange (stock code 939) on June 5438+1October 2005 and on the Shanghai Stock Exchange (stock code 60 1939) in September 2007. At the end of 20 19, the market value of the bank was about 21768.6 billion US dollars, ranking fifth among listed banks in the world. In terms of Tier 1 capital, the Group ranks second among global banks.

By 2020, this bank has provided comprehensive financial services such as personal banking, corporate banking, investment and wealth management, with 65,438+04,965,438+02 branches and 347,654,38+056 employees, serving hundreds of millions of individuals and corporate customers. In the fund, leasing, trust, insurance, futures, pension, investment banking and other industries with subsidiaries. Overseas institutions cover 30 countries and regions, with more than 200 overseas institutions at all levels.

How is it cost-effective for CCB to prepay in 60 installments?

When the interest is favorable.

It is best to repay in advance when there is demand and interest rate concessions, which can reduce the cost performance of interest. Judging from the history of installment interest rate, CCB often provides preferential interest rate, with the lowest interest rate of 0.45%. If you happen to be in urgent need of capital turnover for marriage, child-rearing and settlement, you can apply.

Generally, CCB has 6, 12, 18, 24, 36, 48 and 60 installments (months) to choose from, with a monthly rate of 0.5%, and the amount of service fee payable for each installment = actual installment amount × monthly service fee rate. According to the number of transaction periods, the handling fee will be recorded monthly from the first billing date after the transaction is completed, and will be fully included in the minimum repayment amount of the credit card.