Does it cost money to transfer money from a debit card to a credit card?

As we all know, generally speaking, credit cards cannot transfer money directly to bank cards. If you do, you need to pay a certain handling fee and Interest. Many netizens have asked, can a debit card be transferred to a credit card? Is there any handling fee?

Debit cards can be used to transfer funds to credit cards, and there is no handling fee for transfers to credit cards with companion debit cards. However, credit card overdrafts generally cannot be transferred to debit cards. Credit card overdraft transfers will incur additional interest charges, which are generally charged at a rate of 50,000 per day.

Regarding transfers from debit cards to credit cards, you can choose between online banking transfers and ATM machine transfers. Transferring funds from a savings card (debit card) to a credit card through online banking is one of the common methods of credit card repayment. . If the debit card and credit card are from the same bank, this transfer is generally regarded as a local transfer and there is no handling fee. However, when the debit card and credit card are not from the same bank, inter-bank transfer fees may be charged, and the charging standards of each bank are also different.

Take CCB as an example. Let’s talk about the operation process of online transfer from CCB debit card to credit card. The detailed introduction is as follows:

1. Log in to the official website and click "Personal" Online Banking Login";

2. Select "Transfer and Remittance" on the navigation bar, and then select "Demand Transfer and Remittance";

3. After selecting the payment account, follow the page prompts , fill in the name of the payee, account number, and transfer amount;

The above is compiled, all the content about transferring funds from debit cards to credit cards, I hope it is useful to you

You can go to Can I transfer funds via credit card?

Yes. However, there is no interest for depositing money into a credit card, and existing fees and interest will be charged. _So it is very uneconomical and not recommended to do this.

1. Ordinary bank cards can transfer money to credit cards

The main methods of transfer include: online banking, ATM machines, bank counters and third-party payment platforms. Although it is possible to transfer money to a credit card, there are restrictions. For credit card transfers, you must have a debit card from the bank and open one of telephone banking, online banking, and mobile banking.

In fact, general debit cards can transfer funds to credit cards. If you want to use your credit card to receive money from someone else, just give the person your credit card. The remitter will make a direct deposit or transfer money directly from your savings account based on the information you provide. However, transfers to credit cards generally arrive on the second working day, which cannot meet the demand for real-time transfers. In addition, according to different regulations of each bank, the handling fees charged when transferring funds to credit cards are also different. There is no handling fee for peer transfers. It should be noted that debit cards can transfer funds to credit cards, but credit cards do not have the ability to transfer funds to debit cards, so you cannot use credit cards to transfer funds to credit cards.

2. The use of depositing money in credit cards

Some cardholders think that by depositing more money in their credit card account, they can at least offset the minimum payment amount next month. In fact, due to the system settings, the excess deposit has already been deducted when the new bill amount is generated. What the cardholder needs to repay is the final bill amount, and the minimum repayment amount is made up of the final repayment amount. The amount is calculated, and this amount will not be deducted due to previous deposits.

For example, if the amount you owe last period was 2,300 yuan, and you deposited 3,000 yuan at one time, it would be a full 700 yuan more. If the new account amount in this period is 1,500 yuan, the bank system will first deduct 700 yuan, and the final bill amount will be 800 yuan, and the minimum repayment amount will be 80 yuan. Note that the extra 700 yuan you deposited in the previous period is not used to offset the minimum repayment amount of 80 yuan, but is directly deducted when you make a payment. If you want to maintain a good credit record, you must deposit 800 yuan again.

In this way, there is no need to pre-deposit on a credit card. It is better to link the savings card with automatic repayment. Moreover, credit card deposits do not accrue interest, and there is a handling fee for retrieving overpayments, so try not to transfer funds to your credit card.

3. It is not recommended to transfer money to a credit card

If it is a credit card repayment, just click on the credit card repayment and then link the savings card account. If it is not for repayment, If so, then there is no point in transferring the money to a credit card. It is recommended not to transfer money to a credit card unless it is for repayment, because there is no interest on overpayments. When you transfer money to a debit card, the money carries current or regular interest.

: The steps for online banking transfer to credit card are as follows:

1. Log in to the bank’s official website and click Online Banking to log in;

2. Fill in the correct user name and password Complete the login;

3. Select Transfer - Peer/Inter-bank Transfer, fill in the payee information correctly, click Submit and follow the prompts to complete the operation.

How to transfer and repay to a credit card

You can transfer funds to a credit card through a bank savings card for transfer and repayment.

Repayment method:

1. Use your own bank card (other people’s bank card) to transfer and repay through the bank’s online banking;

2. Make credit card repayments through mobile banking bound to a bank card;

3. Use a third-party repayment platform (Alipay, wallet, etc.) bound to a bank savings card to make transfer repayments.