Usually only credit cards (that is, credit cards) can be overdrawn. It means that the current credit card consumption or withdrawal amount exceeds the credit line given by the bank. There is no need to deposit money in the credit card in advance. The bank will give a certain amount in advance and return it to the bank within a certain period of time after use.
For example, if you set up a bank credit card, the credit card granted by this bank is 654.38+00000 yuan, so you don't need to deposit money in this card. This card naturally has 654.38+000000 yuan to use, and it has to be paid back after use, just like a loan. If you spend 654.38+00 100 yuan on shopping, then this credit card is overdrawn, that is, it exceeds the credit limit.
Extended data:
Precautions for bank credit card overdraft:
1, open the SMS function in time. When using the traditional function of credit card to consume first and then repay during the credit limit and interest-free period, we must pay attention to whether the function of SMS timely notification is enabled, so as to keep abreast of the consumption trends of bank card accounts.
2. Handle the automatic repayment function of bank associated account. When using credit card credit limit to overdraw consumption, you must pay attention to the due date of repayment, and try to use the automatic repayment function of bank related accounts to avoid personal credit information being affected.
3. Remember the customer service phone number of the issuing bank to avoid the risk of using the card because the information is not provided when the bank needs emergency service, and notify the issuing bank in time when the information changes to avoid unnecessary trouble or even the risk of using the card when the card is reported lost or other emergency services are needed.
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