Question 1: Who can use the Pay Bar to pay back their credit cards across banks without any formalities? Q&A: The Bank of Communications Pay Bar app offers free inter-bank repayment of credit cards. All Bank of Communications credit card customers can participate. As long as you repay the Bank of Communications credit card across banks in this way during the event, you can waive the inter-bank repayment fees. In advance, your repayment transaction date must be within the event period, which means you can enjoy the event discount between November 20, 2016 and December 31, 2016.
Question 2. Which bank debit cards does the Pay Bar inter-bank automatic repayment support? Answer: If you want to automatically repay a Bank of Communications credit card across banks through the Pay Bar, you must use a debit card in the name of the cardholder to repay the credit card. In addition, the debit card you use for repayment must be in the list of banks supported by Bank of Communications, such as Industrial, Commercial, Agricultural, Construction, China Merchants, Postal Savings, China Everbright Bank, etc. Use these debit cards to open inter-bank automatic payment through online banking channels. After the repayment service, the bank will deduct money from your bound debit card account within the specified time to repay your Bank of Communications credit card.
Question 3: How can I repay across banks if I hold multiple Bank of Communications credit cards? Answer: Many cardholders have multiple Bank of Communications credit cards in their names, but I don’t know if all credit cards can participate in this inter-bank automatic repayment fee-free event. In fact, this event has no restrictions on Bank of Communications credit cards. To put it simply, no matter which Bank of Communications credit card you hold, or if you hold multiple Bank of Communications credit cards, as long as you are within the event period, you can use the Payout Bar app to repay credit cards across banks.
Question 4: Can the handling fee be reduced only once when paying off a credit card across banks through the Pay Bar? Answer: Pay Bar’s inter-bank repayment of credit cards only stipulates the activity time, but does not limit the number of inter-bank repayments. That is to say, as long as you meet the conditions and repay during the activity period, you can enjoy unlimited automatic and self-service inter-bank repayments every month. The repayment fee is waived.