Of course.
You can save money, but you can only use a credit card after deposit, and there is no interest on deposit. Cash withdrawal is regarded as the credit card borrowing cash in advance, and the handling fee is charged but no interest is charged (provided that the cash withdrawal amount is within the excess deposit amount of the credit card), and according to the regulations of the People's Bank of China, the credit card (debit card) can only withdraw 2000 yuan or the equivalent RMB every day.
Extended data:
Credit card "overflow deposit" may occur after the credit card is recharged, and the amount is equal to all deposits MINUS the amount owed in the bill. Most card-issuing banks will handle the overdraft withdrawal of their own deposits for cardholders and charge a certain handling fee.
Most banks charge fees ranging from 0.3% to 3% for withdrawing excess deposits, with the lowest fees ranging from 1 yuan 2 yuan to 10 yuan 30 yuan. At present, only the credit card of Guangfa Bank provides free service for withdrawing overflow deposits.
For example, Mr. A has deposited 5,000 yuan into his credit card, and his outstanding bill is 2,600 yuan, then the system will automatically return the credit card debt first, and the remaining 2,400 yuan will be left in Mr. A's account as an "overflow deposit". It can be seen that even if you deposit money into your credit card before the final repayment date, there will not be so many "overflow deposits" as you deposit.
In the above example, if Mr. A wants to get back the deposit of 5,000 yuan, then the 2,600 yuan that has been used to repay the arrears will be regarded as overdraft cash withdrawal, and five ten thousandths of interest will be paid every day.
Can I deposit money directly into a credit card?
You can save money. Credit cards have the basic functions of ordinary bank cards, so credit cards can be inserted into ATM machines to deposit money like ordinary debit cards and savings cards, and they can also transfer money to bank cards.
However, it should be noted that the credit card itself has a line given by the bank, and the money we deposit exceeds the credit line. After credit card consumption or withdrawal, the used amount will be recharged first, and then it will exist in the form of overpayment.
The difference between credit card and bank card
1, the credit card deposit bank does not give interest. Therefore, saving money by credit card may have no interest for two or three years. If you put it in a bank card, it will be different. You will pay interest at the benchmark interest rate every month. In addition, the cash withdrawal from bank cards is free, and the cash withdrawal fee for credit cards is 1%~2% of the cash withdrawal amount.
2, the money in the credit card may become bad debts, affecting credit. Don't let the money go after you deposit it in your credit card. If the credit card has not been traded for more than 180 days, even if it is not overdue, it will affect the credit. It may be treated as bad debts by banks and directly reported to the central bank for credit reporting, leaving a record of bad debts, which is much more serious than overdue.
Function of credit card
1, credit card consumption
The most direct function of a credit card is to spend money by swiping it. Users can use a credit card to spend money in shops, hotels, airports, convenience stores and other places, and the more they spend, the more banks like such users. It is best to limit the monthly consumption of a credit card to 70% of the credit limit.
2. Cash withdrawal
Credit cards also have the function of withdrawing cash, but using these functions requires a certain fee and interest. The handling fee is generally about 1% of the withdrawal amount, which varies from bank to bank. Interest income is generally charged on a daily basis, with a daily interest rate of five ten thousandths. Generally speaking, the interest paid by credit card withdrawal is relatively high.
3. Payment by installment
Credit card has the function of installment repayment. If the user has difficulty in repayment after using the credit card, he can use the installment repayment function, but he needs to pay a certain fee, which is calculated according to the number of installments. Users can repay in advance after installment, which can save a lot of money and restore the amount in real time.
Step 4 remit money
Credit cards have the function of remittance. For example, when spending abroad, cardholders can make repayment or recharge at home, so that users can rest assured that they don't have to worry about insufficient funds or missing the repayment date. This function is beneficial for users to use when traveling.
Can I deposit money in my credit card?
1. It's ok to deposit money, but after deposit, you can only use a credit card, and the deposit has no interest. Cash withdrawal is regarded as cash advance by credit card, and a handling fee is charged, but no interest is charged (provided that the cash withdrawal amount is within the credit card deposit limit). Moreover, according to the regulations of the People's Bank of China, a credit card (debit card) can only withdraw 2,000 yuan or equivalent RMB every day. For example, China Merchants Bank credit card
It is ok to save money. Interest-free deposits are equivalent to interest-free debit cards. For example, ICBC credit card.
Suggestion: It is not recommended to use credit card or debit card as savings card (or debit card). There is no interest, which may cause other expenses, and there are many restrictions on withdrawal. At present, many banks do not charge for opening savings cards, and deposits above a certain amount are exempt from annual fees. It is suggested that it is more convenient and cost-effective to deposit money with a savings card. Because since it is a credit card, of course, it is mainly based on loans.
Can I deposit money with a credit card?
You can deposit money in your credit card.
Money deposited in a bank card is usually called overpayment. When users use credit cards, they usually give priority to this part of the funds. You can't deduct the credit card amount until the overpaid money is used up. When handling credit cards, users need to know the relevant knowledge of credit cards to avoid unnecessary economic losses.
I. Definition:
Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers.
It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits. Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when spending, and repays on the bill date.
Second, the classification:
Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.
Third, other information:
From the date of 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.7 times of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate). On May 25th, 2002/KLOC-0, the Supreme People promulgated and implemented the Provisions of the Supreme People on Several Issues Concerning the Trial of Civil Cases of Bank Cards.
The credit card stipulated in the relevant laws of our country (Interpretation of the Provisions of NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal? . 20 17 12 1, the English translation and writing standards for public services were formally implemented, and the English names of credit cards were specified.
Can I deposit money in my credit card?
Of course, you can go to the bank and deposit the money in your credit card. You can save as much money as you want, but you'd better not exceed it.
Some people are used to saving more money in their credit cards when they pay back the money. However, this extra money (the overpaid part) actually has no interest in the credit card; If you want to take it out, you may have to pay a fee.
To recover the overpaid handling fee, different banks have different standards:
The most relaxed supervision is Guangfa Bank. As long as the cardholder withdraws the excess payment in China, no matter through the bank counter or ATM, no matter the bank, inter-bank, local or off-site, there is no handling fee. In banks such as industry and commerce, construction, transportation, people's livelihood, Huaxia, China Everbright, etc., credit card overpayments are withdrawn through local counters or ATM machines, and no handling fee is charged.
If the credit card of China Merchants Bank is overpaid at the counter, it needs a handling fee of 65438+ 0% of the withdrawal amount, and the single handling fee is capped in 50 yuan; If it is handled by ATM, the handling fee will be charged according to the same standard.
Shanghai Pudong Development Bank credit card, take my credit card and ID card to the counter of Shanghai Pudong Development Bank to get back the overpayment, free of charge. However, handling this business at our ATM requires a handling fee of 0.5%, with a minimum 5 yuan for each transaction; At other banks' ATMs, the charging standard is 3%, and the lowest is 30 yuan.
Industrial Bank will also charge 0.5% handling fee for cash withdrawal of credit card overpayments, ranging from 5 yuan to 50 yuan. The daily limit of ATM withdrawal is 20,000 yuan.
In addition, Ping An, Postal Savings Bank, Agricultural Bank of China, CITIC and other banks will also charge a handling fee of 0.5% to 2% for the overpaid cash withdrawal.
Tips: If you overpay, you can transfer to a savings card first.
In fact, there is a shortcut to withdraw the extra money from the credit card. That is: transfer the money from the credit card to the savings card.
Credit card users of Shanghai Pudong Development Bank and Bank of Communications will transfer the overpayment in their credit cards to the debit cards of the bank in their own names through telephone banking customer service, and the account will be received in 1 day, and the handling fee is free. CITIC Bank also stipulates that it is also free of charge to transfer the overpaid part to its savings card through online banking.
However, some banks also charge fees for this curve to save the country. For example, for the credit card of China Merchants Bank, when the cardholder applies to transfer the overpayment to his savings card through telephone banking, he needs to pay a handling fee of 0.5%, which will be capped in 5 yuan and 50 yuan.
Can I deposit money with a credit card?
Credit cards can save money, but there is no interest, and there may be a handling fee for taking it out. Money stored in a credit card is called overpayment. So credit cards and savings cards must be distinguished. Moreover, if we don't use the money in the credit card for a long time, it will cause bad debts and affect personal credit.
According to Article 7 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks, credit cards refer to all kinds of media that record the relevant information of cardholders' accounts, have the functions of bank credit line and overdraft, and provide relevant banking services for cardholders.
The credit card stipulated in the relevant laws of our country (Interpretation of the Provisions of NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. 20 17 12 1, the English translation and writing standards for public services were formally implemented, and the English names of credit cards were specified.
Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when spending, and repays on the bill date.
Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.
From the date of 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.7 times of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate).
On May 25th, 2002/KLOC-0, the Supreme People promulgated and implemented the Provisions of the Supreme People on Several Issues Concerning the Trial of Civil Cases of Bank Cards.
translate freely
According to Article 7 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks, credit cards refer to all kinds of media that record the relevant information of cardholders' accounts, have the functions of bank credit line and overdraft, and provide relevant banking services for cardholders.
This concludes the introduction of whether and how to deposit money in a credit card. I wonder if you have found the information you need?