The so-called overpayment refers to the excessive payment of funds by credit card customers or the funds deposited in credit card accounts, and a certain fee must be paid to take out the overpayment. This money can increase the limit of available credit cards, or be directly used for consumer repayment. If the credit card has overpayment, the overpayment shall be deducted first, and then the credit line shall be deducted. If the overpayment is greater than the consumption amount, there will be no overdraft. For example, if 900 yuan needs to be repaid in this period, the actual repayment is 1 1,000 yuan, and the extra 1 1,000 yuan is the overpayment. Some cardholders will mistakenly deposit money into their credit cards (credit cards don't need to deposit money, just spend it first and then repay it). If the money is deposited in the credit card in advance and there is no consumption, this part of the money can't be taken out. If you want to withdraw cash, you will charge a high handling fee and try to avoid it. Overpayment is interest-free.
In fact, banks do not encourage cardholders to recharge their credit cards, because credit cards use the mode of spending first and then repaying. Therefore, the bank stipulates that a certain handling fee should be charged for the overpayment. At the same time, the handling fee for cash withdrawal of credit card overpayment varies from bank to bank.
When the credit card balance is negative, the cardholder should also pay attention to the following matters:
1. Before the cancellation of the credit card, all accounts should be settled, and the overpaid part should be settled by withdrawing cash or swiping the card.
2. Overpayment by credit card is overpayment, and the ownership of money should belong to the cardholder.
3. Many banks have to charge an extra fee for withdrawing the excessive repayment of credit cards. For example, it is necessary to collect the overpaid part of CCB credit card locally for free.
4. Credit card transactions are cancelled with points, and then the points are invalid.
If this credit card has many points, you should exchange gifts first, and then cancel this card. If the points are less, you can directly return the card.
6. Credit card cancellation cannot be handled at outlets. You can only contact the credit card center indicated on the back of the card by phone to apply for card cancellation.