Customized credit card repayment is to bind the credit card and the debit card. Every time the final payment date of the credit card comes, the bank automatically deducts the credit card bill amount from the debit card. Cardholders only need to ensure that there are enough funds in the bound savings card account for repayment. After setting custom repayment, users can avoid overdue behavior due to accidentally missing the repayment date.

Credit card repayment methods mainly include repayment from the card-issuing bank, inter-bank transfer, and third-party repayment. The most common ones are through the bank counter of the card-issuing bank, ATM, online banking, automatic transfer, telephone banking, etc. After repayment, the credit card limit will be restored immediately, and the successful repayment will usually be shown on the same day without any additional charges.

Third-party repayments mainly include UnionPay, Alipay, WeChat, etc. Different platforms and banks have different charging standards and times. Alipay supports credit card repayments from many banks.

Benefits of customized repayment by credit card:

1. Freedom of repayment

Choose customized repayment by credit card, the cardholder’s repayment freedom will be Much higher. Assuming that the cardholder chooses minimum repayment or installment repayment, the amount cannot be chosen by himself. If you choose to repay in installments, certain interest and handling fees will also be incurred.

In daily life, many cardholders will encounter such a situation: they have extra spare money on hand that they don’t need to spend temporarily, but it is not enough to bill the credit card. In this case, choosing customized repayment can not only effectively reduce the subsequent repayment pressure, but also avoid excessive consumption.

2. Reasonable financial management

When the cardholder has a spare amount of money but does not want to simply repay it all, he can use customized repayment. It is a good choice to pay off part of your bills first to avoid overdue credit cards, and then invest the remaining funds to enrich yourself.

In addition to the above benefits, borrowers will also receive certain credit card points when using customized repayments. The more times you customize repayments, the more points you can accumulate. Each bank's credit card has different points activities, and some can even be directly redeemed for phone bills, etc.

3. After the credit card automatic repayment is activated, the system will automatically deduct money from the bound debit card to repay the credit card on the last repayment date. In this way, even if the repayment date is forgotten, as long as there is money in the debit card Enough money will be deducted, so you don’t have to worry about overdue payments. This is probably the biggest advantage of automatic repayment, and it must also be the main reason why people choose to activate automatic repayment.