Nowadays, more and more people use credit cards. Many people use credit cards to spend money and solve temporary needs, but some people want to save money for repayment before, so can credit cards save money? What are the general functions? Let's have a look.

Can I deposit money with a credit card?

It is understood that credit cards can save money, but saving money with credit cards and saving money with savings cards are two different things. Savings cards have interest on saving money, but credit cards have no interest; The key is to increase the burden of credit cards. If you withdraw money from a credit card, you need a handling fee. Therefore, it is not cost-effective to put money in a bank card.

Credit card deposit actually has two functions: (1) Credit card deposit can be withdrawn; (2) It can be used for repayment. The repayment period is coming, and the cardholder can deposit the repayment amount into the credit card in advance, and the credit card will automatically deduct the repayment amount. Credit cards, like debit cards, can be deposited through counters, ATM machines, online transfers, recharge, etc.