Can I repay my credit card with a credit card? How do I repay my credit card?

can I repay my credit card by credit card?

credit card can repay credit card, provided that you have two credit cards, and the credit card used for repayment is higher than the credit card to be repaid.

method 1: it is the most direct way to repay the credit card after withdrawing cash and then repaying it through the bank counter and ATM. The disadvantage of this repayment method is that there is a handling fee. Some banks have no handling fee for withdrawing cash from credit cards, which requires a full understanding of the credit cards you have, and the amount of direct withdrawal will be directly included in the fees payable in the next repayment cycle. In other words, you can only solve your urgent needs, and you will still suffer next month.

Credit cards have a direct withdrawal limit. If you are in a hurry, you can only take this stupid method.

method 2: recharge the third-party payment account with a credit card and then repay it

the advantage of using a third-party account as a transition is that you can complete the relevant operations online without directly withdrawing money. What we should pay attention to here is that this repayment method has to go through two links. One is to recharge the third-party account. Let's take Alipay as an example. The second is to repay the credit card with Alipay.

Comparison of two credit card repayment methods

ICBC credit card withdrawal fee rules:

Local banks are free; Local inter-bank 2 yuan/pen; 1% of the cash withdrawal amount of the bank in different places, with a minimum of RMB 1 yuan per transaction and a maximum of 5 yuan per transaction; 1% of the inter-bank cash withdrawal amount in different places, with the minimum RMB 1 yuan/transaction and the maximum 5 yuan/transaction, plus the inter-bank handling fee for each 2 yuan.

ICBC does not enjoy the interest-free repayment period for credit card overdraft withdrawal. From the bookkeeping date to the repayment date, overdraft interest will be charged at the expected annualized interest rate of five ten thousandths per day, with compound interest on a monthly basis.

repayment for one's own credit card: if the account name is the same as the account name of the repayment credit card, there is no handling fee, whether it is computer-side repayment or mobile phone client, there is no handling fee.

repayment for others situation 1: the account name is inconsistent with the account name of the repayment credit card, which is divided into two situations. If you use Alipay wallet (Alipay mobile phone client) to repay for others, there is no charge. Situation 2: If you repay for others on the computer client, you need to pay a charge, and the computer terminal will charge a service fee for the repayment amount (at least 2 yuan/transaction and at most 25 yuan/transaction).

paying back a credit card with a credit card

can I pay back my credit card with a credit card?

1. Credit cards can be repaid, but this operation is very risky. Although there is no explicit prohibition that credit cards cannot repay each other, if cardholders are not well managed, it will have a great impact on their own credit investigation. Therefore, even if the issuing bank has no clear regulations, it is very undesirable to return the credit card to the credit card.

2. It should be noted that once one of the cardholder's credit cards fails to repay the other credit card on time, the unpaid credit card will generate overdue interest and liquidated damages, thus affecting personal credit. To sum up, credit cards can be returned, but there are many problems in the subsequent traction. In short, most people who choose to withdraw money do not know that credit card withdrawal is very harmful. However, expired credit cards have many effects on cardholders.

Extended information:

Is it illegal to keep a credit card?

1. The behavior of "raising cards" is an illegal activity and may even constitute a crime. Raising a card means that after the credit card is overdrawn and a certain handling fee is paid, the "cardholder" pays the overdraft fee first and uses the credit card to make false consumption on the self-provided POS machine. Under normal circumstances, the principle of keeping a card by card is to stagger the repayment dates of several credit cards. Before the repayment period, the first credit card is used for daily consumption, and the second credit card is used for overdraft, and the debt of the first credit card is also paid. And so on, several credit cards are overdrawn in turn.

2. Card raising is an illegal activity, which may even constitute a crime. Cardholders who "support their cards with cards" are only confused by the cash flow that comes at once, but ignore the subsequent cyclic interest and the penalty interest for late fees that may arise. Because of the arrears, they become the guests of the bank's credit blacklist, so the cardholders are not worth the loss, but also face the risk of credit crisis and serious suspicion.

3. It is very undesirable to raise a card by card. At present, a considerable number of cardholders can't make rational consumption, and because of the relaxation of bidding conditions, some cardholders don't even consider their repayment ability at all, but just blindly apply for cards when they see the immediate interests, which will lay a lot of hidden dangers for the future.

will you go to jail if you don't pay your credit card?

1. You won't go to jail if you owe your bank credit card.

2. According to the law, if the overdraft amount of a credit card is more than 5, yuan, and it is not paid back for more than three months after twice collection by the bank, it can constitute a credit card crime, and criminal responsibility should be investigated according to law.

is it okay to pay by credit card?

credit cards can be repaid, but this operation is risky. Although there is no explicit prohibition that credit cards cannot repay each other, if cardholders are not well managed, it will have a great impact on their own credit investigation. Therefore, even if the issuing bank has no clear regulations, it is very undesirable to return the credit card to the credit card.

It should be noted that once one of the cardholder's credit cards fails to repay the other credit card on time, the failed credit card will generate overdue interest and late fees, thus affecting personal credit.

to sum up, credit cards can be returned, but there are many problems in the subsequent traction. In short, most people who choose to withdraw money do not know that credit card withdrawal is very harmful. However, expired credit cards have many effects on cardholders.

what is the use scope of credit cards?

1.POS card swiping:

Credit cards can be swiped at merchants through POS machines. However, there are some restrictions. For example, UnionPay card can only be swiped through UnionPay channel, MasterCard can only be swiped through MasterCard channel, and visa card can only be swiped through visa channel. In China, the main channel is UnionPay.

2. Online payment:

Credit cards can also be used for online payment. Cardholders can pay transactions through cloud flash payment; You can also use credit card applications, mobile banking and online banking to pay; Or you can bind the credit card to WeChat and Alipay for quick payment. Some shopping platforms also support online payment by credit card. However, these are only when the credit card has turned on the online payment function.

3. Cash in advance:

Credit cards have a credit limit, so you can borrow cash in advance. The credit limit of a credit card includes the cash withdrawal limit. You can transfer the funds in the credit card cash withdrawal bank to the debit card for use.

generally speaking, credit cards are widely used. And its functions are also very complete. It can be used not only for shopping consumption, but also for overdraft cash withdrawal, pre-authorization function, installment payment, foreign exchange settlement, micro-credit application and so on.

is it possible to repay credit cards with credit cards and credit cards with credit cards? This is the end of our introduction. I wonder if you found the information you need from it?