Most banks charge a handling fee ranging from 0.5 to 1 for cash withdrawals from credit card overpayments. However, Agricultural Bank of China, China Construction Bank, Bank of Communications, Industrial and Commercial Bank of China, CITIC, Postal Savings Bank and Hua Xia Bank have implemented a free withdrawal policy for credit card overpayments. However, they currently only support the local bank's overpayment withdrawals without handling fees. Cross-bank or different places still charge fees. of. Therefore, whether there is a handling fee for withdrawing cash from overpayment on a credit card depends on the regulations of the relevant bank. Try to repay according to the amount and avoid overpayment.

How to deal with overdue bad debts on credit cards

If it is overdue bad debts, there will be two situations.

The first situation is a bad debt due to an overdue annual fee. This situation is usually caused by forgetting to pay the annual fee. After you have paid the annual fee in full, you can negotiate with the bank to let it go. Banks will help you get rid of bad records. Generally, banks will consider it as appropriate.

The second situation is that the credit card debt is overdue and forms bad debts. In this case, it is basically impossible to eliminate the bad records. But you can pay off your debt quickly to avoid more serious consequences. After dealing with bad debts, you can slowly improve your credit in the future, because covering up bad records with good card usage records is also a solution.

Which credit card offers free overflow withdrawals?

China Construction Bank, Bank of Communications, Bank of China, Everbright, Minsheng, Shanghai Pudong Development Bank, and Hua Xia Bank all charge no handling fees for cash withdrawals from credit card overpayments of domestic banks in the same city.

For some Agricultural Bank of China cards, such as QQ co-branded cards, business cards, etc., there is no need to pay handling fees when withdrawing overpayments from the local bank.

The so-called overpayment refers to the funds that credit card customers overpay when repaying or the funds stored in the credit card account. A certain amount of fees must be paid to withdraw the overpayment.

This amount can increase the available limit of your credit card or be used directly for consumption repayment.

If there is an overpayment on the credit card, the overpayment will be deducted first and then the credit limit. If the overpayment is greater than the consumption amount, there will be no overdraft.

For example, if you need to repay 900 yuan in this period, and the actual repayment is 1,000 yuan, the extra 100 yuan is the overpayment.

Some cardholders mistakenly deposit money into their credit cards (you don’t need to deposit money into a credit card, you just need to spend it first and pay it back later). If you deposit money into your credit card in advance without spending money, then This part of the money cannot be withdrawn. If you want to withdraw it, you will be charged a high handling fee, so you should try to avoid it.

Interest is not accrued on overpayments.

Legal basis:

"Measures for the Supervision and Administration of Credit Card Business of Commercial Banks"

Article 70

Under special circumstances, confirm If the credit card debt amount exceeds the cardholder's repayment ability and the cardholder is still willing to repay, the card-issuing bank can negotiate with the cardholder on an equal footing to reach a personalized installment repayment agreement. The maximum term of a personalized installment agreement shall not exceed 5 years. The content of the personalized installment repayment agreement should at least include:

(1) Arrears balance, structure, currency;

(2) Repayment cycle, method, currency, Date and repayment amount in each installment;

(3) Whether annual fees, interest and other fees will be charged during the repayment period;

(4) Cardholders will pay in personalized installments A commitment not to apply for a credit card from any bank before the relevant amounts in the loan agreement are fully settled;

(5) Rights, obligations and liability for breach of contract of both parties;

(6) Repayment Other matters related to payment.

If both parties reach an agreement and sign an installment repayment agreement, the card-issuing bank and its card-issuing business service agency shall stop collecting payments from the cardholder, unless the cardholder fails to fulfill the installment repayment agreement. If an oral repayment agreement is reached, the card-issuing bank must retain the recording materials. The recording data will be retained at least until the date of settlement of the debt.