Tips for paying back 1,000 yuan for a credit card

Tips for paying back 1,000 yuan for a credit card . Credit cards are used by many people, but once the credit card is reduced or blocked, it will basically Say goodbye to credit cards. Once the card is blocked, the entire fund may be broken, leading to credit problems. Here are some tips on how to repay a thousand to ten thousand with a credit card. Tips for paying back 10,000 yuan with a credit card 1

Is it illegal to pay back 1,000 yuan with a credit card?

The trick of paying one thousand to ten thousand with a credit card is not illegal. Because this itself is the characteristic of the credit card limit. The credit card limit can be used repeatedly to pay off the credit card bill. Therefore, paying back more with a credit card is a credit card repayment technique and does not constitute an offense.

Regardless of whether you use one thousand to repay ten thousand, or use ten thousand to repay ten thousand, the credit card is repaid in full. All comply with the bank's regulations, and repaying in this way can also avoid overdue credit cards. It’s also a good thing for cardholders. For banks, the handling fees are the same, and customers will not be overdue. So this is a good thing for both cardholders and banks.

The following is a detailed introduction to the technique of paying less for more with a credit card:

Take the credit card bill amount as an example of 10,000, and at this time the funds in your hand may be your The available limit on the credit card is only 1,000 yuan. So how do you pay off a bill of 10,000 yuan with 1,000 yuan? In fact, the principle is very simple. You can use this function repeatedly by using your credit card limit. For example: For example, if your credit card limit is 10,000, after you spend 3,000, your credit card's available limit becomes 7,000. At this time, you pay back another 2,000, and your credit card's available limit becomes 9,000.

After paying back another 1,000, the available limit of the credit card becomes 10,000. So in the same way, if the credit card bill amount is 10,000, you have 1,000 in hand, and you pay back 1,000, the credit card bill amount becomes 9,000, and the credit card available limit becomes 1,000. Then you swipe the 1,000 out and pay it back, then the credit card. The bill became 8,000. The available limit is still 1,000.

If you repeat this cycle 10 times, the credit card bill will be paid off. So the above is the trick of paying less for more with a credit card, but there are many precautions in it, such as the interval between repayment and credit card swiping must be more than 2 hours, the amount paid back and the amount swiped out should not be similar or the same, etc.

Finally, the trick of paying one thousand for ten thousand with a credit card is not illegal. Paying less for more is a credit card repayment technique, which is extended based on the functional characteristics of credit cards. This function is the credit card limit, which can be used repeatedly. No matter how much you spend, as long as you repay the loan, the available credit limit on your credit card will be restored immediately. Then pay off the credit card bill by swiping the card and paying it back. Tips for repaying 1,000 yuan with a credit card and 10,000 yuan 2

Tips for paying back 1,000 yuan with a credit card

We know that if the credit card is not used well, such as frequent txs, frequent overdue debts or non-payment of debts, it is easy for the bank to Risk control, ranging from downgrading to direct sealing. However, there are some precursors to general risk control for credit cards. Here we first introduce how to know if your credit card is subject to risk control, and what to do if it is subject to risk control.

There are more than one signs of credit card risk control. The most common ones are that credit card swiping is restricted, you receive a bank text message warning, and you are unable to handle installment business. Next, let’s talk about these situations in detail.

1. Card swiping restriction transactions: For example, swiping the card was OK some time ago, but suddenly it is no longer possible, but the credit card has not been frozen or downgraded by the bank, and the card cannot be swiped even after changing several POS machines, so there is only one possibility. , that is, restricted by the bank.

2. Receive text message warning from the bank: For example, after making a purchase with a credit card, you immediately receive a text message warning or phone call from the bank, saying that your credit card transaction is risky and please use the card properly.

This means you are already on the bank's risk control list. If the risk control point is touched again, it may be downgraded or banned.

3. Failure to apply for installment or being rejected by installment: This is a common situation for Bank of Communications credit cards. If it is subject to Bank of Communications risk control, even if your credit card consumption amount reaches the installment threshold, you are still not eligible to apply for installment, or your application for installment is rejected by the bank, which means that your card is subject to bank risk control.

So, how to prevent credit cards from being controlled by wind?

1. Avoid credit card tx. The credit card is for credit card consumption, not for tx. Frequent use of credit card tx can easily be controlled by wind, please avoid this behavior. If you don’t want the bank to think you are in tx, then you must use the credit card during normal business hours and do not use the credit card multiple times at the same POS machine.

2. Avoid overdue payments and try to reduce the lower repayment amount on your credit card. Overdue and relatively low repayments will make the bank question your ability to repay, thinking that you are a certain risk and can easily be controlled by risks. Cardholders must repay their loans in full and on time, which is the best way to increase their credit. If you cannot repay in full, you can repay in appropriate installments, which will ease the repayment pressure and allow the bank to earn interest, achieving a win-win situation.

3. Diversified credit card consumption has broadened the scope of credit card swiping, trying to cover all aspects of life such as food, clothing, housing and transportation, and requires online and offline card swiping. In addition, the credit card time should be reasonable. It is better to swipe the card from 9 am to 10 pm, and the credit card amount should not be too large. The amount of each transaction should be within 500 yuan, and large purchases can be made occasionally.

In summary, you still need to be cautious when using credit cards. Of course, if there are consumption invoices for normal card swiping, that is a different matter. Within the risk control scope of the bank, it is beneficial and harmless for the cardholder and the bank to use credit cards rationally. Tips for repaying ten thousand with a credit card 3

Tips for recurring credit card repayments

The repayment amount and the credit card swipe amount should not be close or the same

Each time the card is swiped, the last The best interval is more than 2 hours

Swipe the card on the same day and pay off the next day

The credit card limit can be used repeatedly. As long as there are repayments in your account, the credit card's available limit will be restored in real time. After the billing date, you can pay off the credit card bill by cyclically swiping the card for repayment. However, you should pay attention to the technique of cyclically swiping and paying back cards, otherwise it will easily trigger the bank's risk control and cause the credit card to be reduced and blocked.

Tip 1: The repayment amount and the credit card amount should not be close or the same.

Many people always postpone the payment until the final repayment date. So at this time, time is very tight. If you do not pay off your credit card bills in time, you are likely to incur high interest due to the minimum payment, and even risk overdue payments. Therefore, when the final repayment date is approaching, many cardholders will make one payment, one payment, another payment, and another payment.

This method of repayment is the easiest to be risk-controlled by banks. With this kind of operation, it is easy for the bank to mistakenly think that you are "[cash-out]". Over time, risk control will occur. When you reverse the card again, you will find that although the money is still in it, it cannot be swiped out. After checking, you will find out that the credit card has been reduced. Therefore, during the card transfer process, it is best not to have the repayment amount and the card swipe amount close or the same.

Tip 2: Each time you swipe your card, it is best to wait more than 2 hours.

Everyone knows that if a credit card is reversed, it will cost a lot of money after repayment. The pen brushes out the funds. The card maintenance technique is called small amount and multiple transactions, but since it is a reverse card, it is naturally not possible to make small amounts. But pay attention to the time interval between card swiping. If the two card swiping times are very close to each other, it will also cause risk control by the bank. Especially when credit card merchants appear out of town.

For example, the merchant address for your first credit card payment is in city A, and the merchant address for your first credit card payment a few minutes later is in city B, and the two cities are hundreds of kilometers apart.

So how do you explain it, can the bank trust it? Therefore, it is best to wait at least two hours between each time you swipe your card.

Tip 3: Swipe the card on the same day and pay back the next day

For example: the bill amount is 20,000, and the available limit is 10,000. I divided 4 transactions that day and got 10,000 out. If the 10,000 yuan is returned on the same day, it is likely to trigger risk control by the bank. At the same time, due to the rapid inflow and outflow of funds on your debit card, it is very likely that the bank will restrict "over-the-counter transactions". Therefore, whether it is a credit card or a debit card, it is best to swipe the card on the same day and pay back the next day.

In addition to the above tips, you also need to avoid making large amounts of credit card purchases and making quick withdrawals. At the same time, you also need to pay attention to whether the merchant using the card is a preferential merchant? For each card payment, whether points are credited to the account, etc.

To summarize: Tips for recurring credit card repayments are:

1. The repayment amount and the credit card amount should not be similar or the same.

2. It is best to wait more than two hours between each card swiping.

3. If you swipe the card on the same day, it is best to repay the card the next day. If you do the above, the probability of your credit card being risk controlled will be very small.