If there is "CR" after the amount, it means there is a deposit in the account.

Overpayment refers to the funds that credit card customers overpay when repaying or the funds stored in the credit card account. A certain amount of fees must be paid to withdraw the overpayment. This amount can increase the available limit of your credit card or be used directly for consumption repayment. If there is an overpayment on the credit card, the overpayment will be deducted first and then the credit limit. If the overpayment is greater than the consumption amount, there will be no overdraft.

Extended information:

1. Relevant matters needing attention

1. Overpayment is a credit card deposit, and the bank will not calculate interest. This is different from that of a debit card. Completely different.

2. Credit card cash withdrawals are subject to charges according to regulations. The charging issue should be looked at from two aspects:

1) According to the regulations on the use of credit cards, ATM machine withdrawals basically charge a cash withdrawal fee. The usual standard is 0.5% of the cash withdrawal amount, with a minimum of 5 yuan; The handling fees for overseas cash withdrawals are higher.

2) If you withdraw money from an ATM machine with "overpayment", you will still be charged a cash withdrawal fee according to the credit card cash withdrawal standards. In this case, it is recommended that the cardholder transfer the overpayment on the credit card to a debit card of the same name in any bank, and then withdraw cash from the debit card. This reduces handling fees.

2. Reasons

Regarding the issue of handling fees for "overpayment" when credit card holders withdraw cash, the charging bank stated that although the credit card holder withdraws his own money, It occupies the relevant resources of the bank.

Because unlike ordinary debit cards, credit cards are cumbersome in terms of deposit and withdrawal account processing, and credit cards are used to encourage customers to spend, not for cardholders to use them as savings accounts, so there is a charge is reasonable.

Moreover, "overpayment" does not include interest. In other words, there is no benefit to "recharging" your credit card in advance and then spending it. If the cardholder wants to increase a certain credit limit, he or she can apply for a temporary limit from the bank's customer service center. There is no need to rely on "overpayment" to increase spending power.

Baidu Encyclopedia-Overpayment