Yes, but there must be a certain credit card limit.
When you deposit money in a credit card, you should also swipe your card from the credit card limit first, and then deposit the money. Moreover, the deposited money cannot be withdrawn, and the withdrawal is calculated according to the cash withdrawal by credit card. Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to the credit card issued by the bank, which gives the cardholder a certain credit limit, within which the cardholder can spend first and then repay.
Extended data:
Precautions for credit card use:
1. Calculate the interest-free repayment period.
The 56-day interest-free repayment period promised by the bank is not always available. The interest-free repayment period of credit cards is generally determined by three factors: the date of credit card consumption, the date of bank statement and the repayment date stipulated by the bank.
For example, the bank's statement date is the 5th of each month, the designated repayment date is the 23rd of each month, and customers swipe their cards once a month.
If it is consumed on the 4th of the current month, the interest-free repayment period is from the 4th to 23rd of the current month, and the interest-free period is 20 days. For consumption on the 5th of the current month, the interest-free repayment period is from the 5th of the current month to the 23rd of the next month, and the interest-free period is 49 days.
Don't overdraw your credit card.
According to the Management Measures for Bank Card Business and the customer agreement, if the cardholder spends more than the amount approved by the issuing bank, he will no longer enjoy the interest-free period and pay overdraft interest from the date of overdraft.
Therefore, when we enjoy interest-free repayment of credit cards, we must remember not to exceed the credit limit approved by the bank, otherwise we will not be able to enjoy interest-free repayment and pay interest on the overdraft limit.
3. Repayment should pay off the credit card consumption limit.
During the interest-free repayment period, there is no need to pay interest for full repayment. However, if part of the repayment is within the minimum repayment amount stipulated by the bank, there are currently two ways to calculate the interest: the first way is that as long as the cardholder fails to repay a penny within the repayment period, he cannot enjoy interest-free treatment; The other is to pay only the interest on the arrears.
Most banks use the first method to calculate, and some banks use the second method. For example, the credit card was overdrawn by RMB 65,438+0,000.65,438+00, but only RMB 65,438+0,000 was paid back during the interest-free period because the exact amount was unknown. The bank did not calculate the interest according to 0.50 yuan, but calculated the interest according to 1 0,000 000. 10/0 yuan. In that case, are we losing money?
4. Do not enjoy the interest-free period.
Credit cards can be withdrawn, but withdrawal not only enjoys interest-free treatment, but also pays certain interest, which is calculated from the date of withdrawal. These regulations will be stated in the precautions for the use of bank credit cards. As long as we read it carefully, we will find that there are some relevant regulations, such as "interest-free repayment is not available for credit card withdrawal or transfer overdraft, and interest is calculated at the daily interest rate of five ten thousandths from the overdraft bookkeeping date".
Can I pay the phone bill by credit card? What should we do?
You can pay the phone bill by credit card, as follows:
1. First open Alipay APP and log in to your Alipay account.
2. Then select the "Recharge Center" indicated by the arrow on the Alipay homepage, and click Enter.
3. In the top-up page, enter the top-up phone number and select the top-up amount.
4. Next, choose the payment method and the credit card to pay.
5. Next, click "Pay Now" at the arrow and enter the payment password.
Can I pay my tuition by credit card?
First, if the school provides consumer POS machines, you can pay directly by credit card.
Second, remarks:
1, first of all, you need to confirm whether the school has a POS machine. If the school's POS machine is a transfer POS machine, you can't swipe your credit card, but if it is a consumer POS machine, you can.
2. Secondly, if I need credit card installment, I need to confirm the merchant type of POS machine. If it is a public utility, it cannot be staged. Generally, POS machines that can swipe credit cards belong to general merchants and can be staged.
Paying by credit card involves many risks, so what are the risks? Here are three points to pay attention to before paying tuition by credit card.
1. Is there a handling fee for paying tuition by credit card?
According to the survey in Creditcards.com, the average cost of paying tuition by credit card is 2.62%. Although this figure seems small, there is a handling fee of 263 for spending $65,438+00,000, which immediately offsets 65,438+0% cash return or travel reward.
Not every school charges student fees. However, among the schools surveyed, only 23 four-year universities accept credit cards to pay tuition fees without charging any fees. Community colleges tend not to charge extra fees.
2. Can I pay in monthly installments?
When you need to pay tuition due to financial difficulties, you will think of paying by credit card instead of student loan.
According to the regulations on student loans, the interest of 20 14-20 15 federal student loans is 4.66%-7.25438+0%.
According to bankrate. com, the average interest of credit cards is between 13%- 16%, which is the conclusion of bankrate. com's statistics on financial products.
If you ignore the monthly loan, the extra interest will soon increase. The biggest risk of paying tuition by credit card is not interest, but the income generated by each transaction will be offset.
In order to avoid excessive interest, students applying for student loans can use other payment schemes, such as income repayment, preferential loan policies, interest reduction and exemption of student loans, etc., if they meet the conditions. Credit card tuition fees do not enjoy these welfare policies.
3. Can I handle it?
If parents have enough cash to pay their credit card bills immediately, some credit card companies will provide them with preferential policies to send their children to school without paying handling fees. It makes sense to pay tuition by credit card. But there are still risks in this method. What kind of strategies students should avoid, and it is reasonable to choose student loans. Because students know little about credit cards, and they are likely to make mistakes or miss the repayment date.
This concludes the introduction of whether credit cards can be paid and whether credit cards can pay endowment insurance premiums. I wonder if you have found the information you need?