Credit card repayment is also very easy, that is, the cardholder actually deposits more money into the credit card than the bill amount of the credit card. Generally, when the cardholder returns the credit card, he accidentally enters an error or can't remember the specific repayment amount, which will happen. So what happens if the credit card exceeds the money? Let's get to know each other.

What happens when the credit card exceeds the money?

The excess money from the credit card will be deposited into the credit card account as an overpayment. There are two main solutions, as follows:

1 You can choose to extract the overpaid part. Generally, the withdrawal of overpayment can only be handled through bank ATMs or bank counters, and some banks have opened the business of online withdrawal of overpayment through mobile banking. For overpayment, the existing handling fee is 0.5% of the withdrawal amount. Of course, some banks, such as Guangfa Bank, Industrial and Commercial Bank of China, China Construction Bank, China CITIC Bank, Postal Savings Bank, Huaxia Bank and Minsheng Bank, are also free to withdraw the overpayment.

You can choose to deposit the overpaid money into a credit card account. In this case, when using a credit card, priority will be given to the overpaid part, and the credit limit of the credit card will only be used when the overpaid part is used up. Secondly, if the credit card has an installment bill to repay, it will also use the overpaid money to deduct a certain bill repayment.

It should be noted that there is no interest on the overpaid credit card in the account.