How to use and repay the credit card

Use and repayment of the credit card: The use of the credit card must follow the principles of compliance, moderation, truthfulness, etc. The cardholder must use the credit card limit within the scope of use specified by the bank, and it is forbidden to cash out and lend the credit card. The main repayment methods are: linked debit card repayment, self-service transfer repayment, cash repayment and installment repayment.

first, there is a function in credit card repayment called "minimum repayment amount", that is, repayment is made according to the minimum repayment amount stipulated by the issuing bank, and the minimum repayment amount is about 1% of the bill amount. However, only paying back the minimum repayment amount will bring some problems:

1. The bank will charge five ten thousandths of the loan interest from the bank bookkeeping date to the repayment date;

2. Paying the minimum repayment amount will make the bank think that the cardholder is short of money, which is not conducive to improving the comprehensive credit card score;

3. Paying the minimum repayment amount will increase the credit card debt ratio, which is not conducive to the subsequent withdrawal.

I suggest that if you have the ability to repay, you still choose to repay in full. After all, you have to pay the minimum repayment amount and a large amount of interest, which is very uneconomical.

second, a credit card is a credit product, that is, a bank lends a credit fund to a cardholder, and it must be repaid after spending it. However, a credit card has a certain interest-free period, which allows the cardholder to use the funds in the credit card for free during the interest-free period, which is equivalent to delaying the money that can be owed to the bank without paying interest.

Third, the repayment method of the credit card:

1. Counter repayment: Take the credit card to the counter of the bank to which the credit card belongs for repayment, but this repayment method is not only troublesome to go to the bank by yourself, but also a waste of time to register and queue up, so many people generally do not choose this method.

2. Self-service repayment by ATM: It mainly refers to the repayment by depositing money into a credit card at ATM. However, because only 1 yuan can be deposited at ATM, it is not particularly flexible, and the distribution density of ATMs in cities is not high, so many people will not choose this repayment method.

3. repayment by associating with other bank cards: it refers to repayment for debit cards of credit card binding peers. After the binding is successful, the bank will automatically deduct money from the bound debit card for repayment on the repayment date of each month. As long as the money in the monthly debit card is enough to pay off the loan in the last billing period, it is ok. This way is convenient and efficient, and you don't have to worry about overdue things yourself. It is the choice of many credit card users at present.

how to use and repay the credit card

1. How to use and repay the credit card correctly

The use of the credit card must follow the principles of compliance, moderation, truthfulness, etc. The cardholder must use the credit card limit within the scope of use stipulated by the bank, such as consumption, installment, etc., and to ensure the authenticity of the business, it is necessary to avoid cashing out with the credit card, otherwise it will be monitored and closed by the bank.

in addition, the credit card must be used by the person and cannot be lent to others.

2. Credit card repayment methods include:

associated debit card repayment. When applying for a credit card, we can fill in a debit card of our bank for automatic repayment to prevent forgetting to repay when due.

self-service transfer repayment, we can transfer the repayable amount of funds to the credit card through various transfer channels.

for cash repayment, we can go to outlets or ATM machines and deposit the cash directly into the credit card for repayment.

installment repayment. If you feel that the repayment pressure is too great, you can also call the credit card customer service hotline or self-help to apply for installment repayment. After success, you only need to repay on schedule.

how to use and repay the credit card?

How to use the credit card: 1. Credit cards can be swiped from offline merchants' POS machines, paid online in shopping malls, or tied to third-party formal platforms such as Alipay and WeChat for payment; 2. You can withdraw cash at the bank's ATM, but the bank may charge a handling fee; 3. Apply to the bank for cash installment. The amount of cash installment is generally 5% of the credit card limit. After successful application, the bank will transfer the money to your savings card. Credit card repayment: 1. Repayment can be made on regular third-party platforms such as Alipay and WeChat; 2. Insert the credit card into the ATM to save money to repay; 3. Repayment can also be made in bank official website and mobile banking; 4. Set the automatic repayment function, bind a savings card, and the credit card will automatically deduct money from the savings card on the repayment date.

first, the earliest credit cards appeared at the end of 19th century. In the 198s, the British clothing industry developed the so-called credit card, and the tourism and business sectors also followed this trend. However, at that time, the card could only be used for short-term commercial credit, and the money still had to be paid as needed, and there was no long-term default and no credit line. In 195s, McNamara, an American Manhattan credit expert, dined in a restaurant. Because he didn't bring enough money, he had to ask his wife to send money. This made him feel very embarrassed, so he organized DinersClub (English: Diners Club). Members can charge their expenses by bringing a dining charge card to 27 designated restaurants without paying cash. This is the earliest credit card. Franklin National Bank was the first bank to issue credit cards, and other American banks followed suit. It is said that one day, Frank McNamara, an American businessman, entertained guests at a restaurant in new york. After eating, he found that he had forgotten his wallet with him, so he was deeply embarrassed and had to call his wife to bring cash to the restaurant to settle the bill. So McNamara came up with the idea of creating a credit card company. In the spring of 195, McNamara and his good friend Schneider jointly invested 1, US dollars to establish DinersClub, the predecessor of Diners Credit Card Company, in new york. Diners' Club provides members with a card that can prove their identity and ability to pay. With this card, members can keep accounts and spend money. This kind of credit card that does not need to be handled by a bank is still a commercial credit card.

second, the word "credit card" was originally meant to refer to this financial product introduced in this post, but savings cards that didn't have credit cards or even any credit card function were popular in China before. Therefore, the real credit card can only be called "credit card". Real credit cards have the following characteristics: cash is not allowed to be pre-deposited, consumption is followed by repayment, interest-free payment period can be enjoyed, repayment can be made by installments (with minimum repayment amount), and international credit card organizations such as VISA, MASTER and JCB can be joined for global use.

third, another way of saying credit card is that credit card is a non-cash transaction payment method and a simple credit service. Credit cards are generally plastic cards with a length of 85.6 mm, a width of 53.98 mm and a thickness of 1 mm, which are issued to cardholders by banks or credit card companies according to users' credit and financial resources. Cardholders do not need to pay cash when they use credit cards, and they will make repayment on the settlement date. Except for some credit cards combined with financial cards, general credit cards are different from debit cards and ATM cards, and credit cards will not directly deduct funds from users' accounts. In February 212, the bank confirmed that credit cards are safer without passwords, and if they are stolen, they will share the responsibility with the bank. Enjoy an interest-free period of 25-56 days (or 2-5 days). Credit card consumption enjoys an interest-free period, and the bill amount will be paid off before the due repayment date, and no expenses will be incurred. There is no interest-free repayment period for cash withdrawal, and five ten thousandths of daily interest will be charged from the day of cash withdrawal, and the bank will also charge a certain percentage of cash withdrawal fee.

There are several ways to repay credit cards, and there are four ways to operate

Credit card repayment. The detailed operation steps are as follows:

1. Bundled savings card repayment

Bundled savings card is bound with the bank's savings card when you apply for a credit card, and most cardholders are salary cards. Then the last repayment date of the credit card is after the pay-in date, so the bank will automatically deduct the amount when it comes to repayment, so you don't need to remember the time. You just need to ensure that there is enough money in the debit card, and it also saves most of the time.

2. Online transfer through online banking

When you use a credit card, you can open the online banking of the issuing bank, so you don't have to worry about not being able to find a bank and not paying the money. Just turn on the computer and log in to the online banking, enter the password, and easily complete the repayment with a few clicks of the mouse, without paying any handling fees.

Third, third-party repayment

Most customers who choose third-party payment are inconvenient to repay their credit cards and don't want to go to banks from house to house, so they can download a software for their mobile phones and swipe their mobile phones to complete the repayment business for free. At present, there are Alipay wallets, as well as the handheld life of China Merchants Bank, or WeChat launched by mobile phones can also repay credit cards online.

IV. Repayment in Lacarra

Customers who choose Lacarra must have fewer banks and could not find the choice of bank outlets at all. For example, Citibank. There are only two banks in Beijing, so Lacarra comes in handy.

Credit card repayment refers to returning the bill consumption funds to the bank in order to ensure the cardholder's good credit record when the cardholder's credit card consumption reaches the final repayment date.

inter-bank transfer/remittance repayment can be divided into two ways: inter-bank in the same city and inter-bank in different places. No matter how to transfer or remit money, the remitting bank will charge a certain fee, and at the same time, the time of payment and the convenience of repayment are not as good as those in peers, online repayment and convenience store repayment.

online repayment of credit card is one of the main repayment methods of credit card repayment of bank, and online repayment has become a common repayment method for credit card users.

1. Payee's account name, and fill in the name of the credit card holder.

2. payee's bank: fill in the "bank's credit card center".

3. Transfer to payee's account: fill in a 16-digit credit card.

4. Remarks: Fill in "Credit Card Repayment".

that's enough for the introduction of how to use credit cards and repayment methods.