The two credit cards repay each other more and more! Two credit cards can repay each other in two ways. One is to transfer the money from the credit card to the bank card, and the other is to use the credit card to withdraw cash. No matter which method is used, there is a cost, which will The amount owed keeps increasing. 1. Swipe money out of credit cards. Many people will bring their own POS machines to use credit cards and collect payments as merchants. The handling fees incurred by credit card POS machines are also borne by themselves. The rates of most POS machines are Above, if you use one card for 1,000 yuan, you will be charged at least 6 yuan in handling fees, and if you use two cards, it will be at least 12 yuan, which will result in new debts. 2. Withdraw cash by credit card. The cost of withdrawing cash from two credit cards is even higher, because cash withdrawal does not enjoy the interest-free period, and a handling fee of 1% to 2% will be charged, and interest will be calculated at a daily interest rate of 0.05% starting from the day of withdrawal. The handling fee + interest are also new arrears. The key is that the repayment pressure is relatively high, and minimum repayment and installment repayment are not supported. In short, it is inevitable that the two credit cards will repay each other more and more. It is impossible to pay off the credit card debts by this method, and it is easy to fall into a high debt crisis. If the bank detects that there are too many credit card arrears and the risk of borrowing is high, it may reduce the credit limit or freeze the credit card, which is equivalent to cutting off the cardholder's capital chain, and it will be a matter of time before it is overdue.