For cardholders, it is more worry-free to open the automatic repayment function of credit cards. As long as there is enough balance in the bound debit card, there is basically no need to worry about overdue. However, the balance of many friends' debit cards is insufficient, which leads to the failure of automatic repayment deduction of credit cards. Then, if there is enough money in the card, will there be a second deduction? Let's briefly introduce it today.

Is there a second deduction if the credit card automatic repayment balance is insufficient?

As we all know, if the automatic repayment balance of credit card is insufficient and the deduction fails in time, it is likely to lead to overdue, which will not only affect the credit, but also cause losses to the cardholder, and it is necessary to pay liquidated damages and overdue penalty interest.

However, many banks will be prompted by SMS if they fail to repay automatically, so many friends will save enough money in their cards, but it may still be overdue. After all, many banks, such as industry, agriculture, China, construction and recruitment, automatically deduct credit cards only once a month, and will not deduct fees for the second time.

For this reason, if the credit card is not overdue, the cardholder needs to repay it manually, such as using a debit card to transfer money through mobile banking, and the repayment time can not exceed 24 o'clock on the last repayment date, and the grace period can not exceed the grace period.

In short, the automatic repayment balance of credit cards is insufficient, and most banks will not make a second deduction. Therefore, it is best for the cardholder to check the current repayment amount before the automatic deduction of the credit card, and then see if there is enough deduction in the bound debit card. If the balance is insufficient, it is best to deposit enough money in the card on the day of repayment to avoid the failure of deduction.