How to cycle through several credit cards (debit cards)?
If the user has several credit cards (credit cards), he can change the repayment date of the credit cards (credit cards) by setting the billing date, so that the credit cards (credit cards) can be used repeatedly. For example, the current user has 4 cards, and the repayment dates of the 4 cards are set in the early, middle, and late ten days. In this way, the repayment times are separated, and the user can use the cards repeatedly.
Of course, the risk of overdue credit cards (credit cards) will also increase. Users are asked to apply for a credit card (credit card) based on their repayment ability and avoid excessive consumption.
How to use three credit cards backwards
How to use three credit cards backwards
How to use three credit cards backwards. Nowadays, many people have their own credit cards. Mobile phones can be overdrawn, and many times you need to swipe a credit card to save money. If you swipe a credit card, you will always have to pay it back. If it has a great impact on us, how can we use three credit cards backwards?
How to use three credit cards backwards 1
It is best not to use three credit cards backwards. Counterfeiting the card may be classified as cashing out of the credit card, which is illegal.
1. Whether it is illegal to transfer credit cards to each other depends on the situation
There are generally two ways to achieve mutual transfer of credit cards. One is to use point-of-sale terminals (POS machines) and other methods. Drawing out credit card money through false transactions is also commonly known as (cash-out); one is to withdraw credit card money through cash withdrawal.
The former is obviously illegal, because the purpose of banks issuing credit cards is to promote consumption. Although it also supports the use of cash, it requires that cash must be withdrawn through an ATM machine or counter. Like this other It is strictly not supported to use cash to withdraw the funds within the credit limit of the card.
2. What are the consequences of transferring credit cards to each other?
No matter which method is used to transfer credit cards to each other, it is a kind of practice of tearing down the east wall to make up for the west wall, and it cannot be used from the beginning. If the root cause of the problem is addressed, the money owed on the credit card will still exist.
If you use cash withdrawal to reverse the card, you will owe more and more money. In addition to the principal, you will also incur cash withdrawal interest and handling fees, which is quite uneconomical.
Credit card cash out can easily be risk controlled by banks. After all, banks have their own anti-fraud departments and risk identification systems that can identify risky transactions through manual inspection of big data. If the bank recognizes that you are cashing out, it will at least reduce the limit and block the card, or at worst, it will pursue your legal liability.
3. The meaning of credit card (cash-out)
Credit card (cash-out) means that the cardholder does not withdraw cash through normal legal procedures (ATM or counter), but through other means The act of withdrawing funds within the credit limit of a card in cash without paying bank withdrawal fees.
Regarding the credit card (cash-out) behavior that has become more and more serious in recent years, the Shanghai headquarters of the Central Bank stated on July 26, 2010 that credit card (cash-out) is illegal, and the central bank is studying how to restrict cardholders from (cash-out) The behavior is recorded in the personal credit reporting system and directly affects his or her personal credit record.
Because credit card users have a maximum of 56 days of "interest-free consumption" period, once the cardholder cashes out, he can use bank loans without paying interest during this "interest-free period". Therefore, credit card (cash-out) allows cardholders to obtain cash while avoiding the bank's high cash withdrawal fees, which is equivalent to obtaining an interest-free loan, which is extremely tempting.
How to use three credit cards backwards 2
The tips for recurring credit card repayments are as follows:
The repayment amount and the credit card amount should not be similar or the same
It is best to wait at least 2 hours between each swipe of the card
Swipe the card on the same day and pay back the next day
The credit card limit can be used repeatedly. As long as there are repayments in your account, the credit card's available limit will be restored in real time. After the billing date, you can pay off the credit card bill by cyclically swiping the card for repayment.
However, you should pay attention to the technique of cyclically swiping and paying back cards, otherwise it will easily trigger the bank's risk control and cause the credit card to be reduced and blocked.
Tip 1: The repayment amount and the credit card amount should not be close or the same
Many people always postpone the payment until the final repayment date. So at this time, time is very tight... If you do not pay off your credit card bills in time, you may incur high interest due to the minimum payment, and even risk overdue payments. Therefore, when the final repayment date is approaching, many cardholders will make one payment, one payment, another payment, and another payment.
This type of repayment is the easiest to be risk-controlled by banks. With this kind of operation, it is easy for the bank to mistakenly think that you are "cash out". Over time, it will cause risk control. When you reverse the card again, you will find that although the money is still in it, it cannot be swiped out. After checking, you will find out that the credit card has been reduced.
So during the card transfer process, it is best not to have the repayment amount and the credit card amount close to or the same.
Tip 2: It is best to wait at least 2 hours between each credit card swipe
Everyone knows that when a credit card is reversed, the funds must be withdrawn in multiple tranches after repayment. The card maintenance technique is called small amount and multiple transactions, but since it is a card reversal, naturally it cannot be small amount. But pay attention to the time interval between card swiping. If the two card swiping times are very close to each other, it will also cause risk control by the bank.
Especially when the credit card merchant appears out of town. For example, the merchant address for your first swipe of credit card is in city A, and the merchant address for swiping your card a few minutes later is in city B, and the two cities are hundreds of kilometers apart. So how do you explain it, can the bank trust it? Therefore, it is best to wait at least two hours between each time you swipe your card.
Tip 3: Swipe the card on the same day and pay back the next day
For example: the bill amount is 20,000, and the available limit is 10,000. I divided 4 transactions that day and got 10,000 out. If the 10,000 yuan is returned on the same day, it is likely to trigger risk control by the bank. At the same time, due to the rapid inflow and outflow of funds on your debit card, it is very likely that the bank will restrict "over-the-counter transactions". Therefore, whether it is a credit card or a debit card, it is best to swipe the card on the same day and pay back the next day.
In addition to the above tips, you also need to avoid making large deposits and withdrawals on credit cards, and fast in and out. At the same time, you also need to pay attention to whether the merchant using the card is a preferential merchant? For each card payment, whether points are credited to the account, etc.
To summarize: Tips for recurring credit card repayments are: 1. The repayment amount and the credit card amount should not be similar or the same. 2. It is best to wait at least two hours between each swipe of the card. 3. If you swipe the card on the same day, it is best to repay the card the next day. If you do the above, the probability of your credit card being risk controlled will be very small.
How to use three credit cards backwards 3
1. Multi-card recurring credit card repayments
For example, Zhang San has two credit cards, both with a limit of 5,000 yuan. This month, Card 1 has almost been used up, but Card 2 has not been used yet. So when Card 1 needs to be repaid, Zhang San only needs to withdraw the money from Card 2 and return it to Card 1, so that Card 1 can pay off the bill.
And the bill for Card 2 has not yet expired. When the bill for Card 2 is due, you can then withdraw Card 1 and pay Card 2. In this way, you can make recurring repayments without worrying about running out of money to repay.
One thing you need to pay attention to when repaying through this method is that it is best not to withdraw money directly from the cash machine, as this will generate high interest. When withdrawing cash, it is best to use a POS machine. You can find some merchants to pay some handling fees to withdraw cash. Generally speaking, this kind of withdrawal will cost about 40-70 for a handling fee of 10,000, but it is better than withdrawing money directly from an ATM machine. few.
2. Single-card recurring credit card repayment
This method does not require us to have two credit cards. We only need one card to make recurring repayments. We also use Zhang San’s example to analyze the operation process.
Zhang San has a credit card with a limit of 10,000 yuan. He has used 5,000 yuan and cannot pay it back on the repayment date. Then Zhang San will use the remaining 5,000 yuan limit when the repayment date is approaching. The 5,000 yuan that had been withdrawn before would not need to be paid back until next month. Zhang San paid the money back the next day, so that this month's bill would be paid off.
Credit card repayment skills: Credit card multi-card and single-card recurring repayment methods
By doing this, you can prevent yourself from overdue repayments, maintain a good credit report, and pay every month It is repayment in full and there will be no handling fees. The most important thing is that we do not need to repay when we have no money, which can reduce our pressure to the greatest extent.
However, you must be cautious when using this method. First, do not max out the card, so that you cannot use a single card cycle to repay. Second, do not use it frequently. Use it occasionally when you are in difficulty to avoid being discovered by the bank’s risk control department.
Credit card repayment skills: Multiple credit card and single card recurring repayment methods
Finally, I would like to remind everyone that even if we use the above two methods to pay off the credit card money, this You have to pay back your money sooner or later, so don't take any chances. It doesn't hurt to do it occasionally, but you may be risk-controlled if you use it regularly. Remember this.
How to recycle three credit cards
The trick to recycle three credit cards is to choose three statement dates and repayment dates that are not close to each other, and it is best to be six to ten years apart. (If not, you can contact the bank to apply for adjusting the billing date and repayment date of the card), and then stagger the consumption. It is best to consume one or two days after the billing date for each card, so that each card can enjoy the most The long interest-free period and separate repayments reduce repayment pressure.
1. A credit card, also called a credit card, is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.
2. Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card A debit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve as required. When the reserve account balance is insufficient to pay, the card can be overdrawn within the specified credit limit. The so-called credit card generally refers to a credit card only. 3. China’s credit card market is still one of the fastest-growing product lines in China’s personal financial services market. Although the economic benefits of the industry are full of challenges, driven by economies of scale and growth in consumer spending, China’s credit card issuance volume will increase annually in the next 10 years. The average growth rate will remain around 14, and profitability will also tend to improve. It is expected that by 2020, the cumulative number of credit cards issued in China will exceed 800 million.
4. Bank card. This is a credit card issued by a bank. Cardholders can shop at the card-issuing bank's special merchants, and can also withdraw cash at any time at any branch of the card-issuing bank or at places with ATMs.
5. Non-bank cards. Such cards can be specifically divided into retail credit cards and travel and entertainment cards. Retail credit cards are credit cards issued by commercial institutions, such as department stores, petroleum companies, etc., which are specially used for shopping in designated stores or refueling at gasoline stations, etc., and are settled regularly. Travel and entertainment cards are credit cards issued by the service industry, such as airlines, travel companies, etc., and are used for purchasing tickets, meals, accommodation, entertainment, etc.
This ends the introduction on how to recycle credit cards and how to avoid revolving interest on credit cards. Have you found the information you need?