Bian Xiao found that many banks, including China Merchants Bank, China Postal Savings Bank and China Agricultural Bank, reduced the automatic repayment limit of credit cards. When the citizen's credit card amount exceeds the deduction limit, the inter-bank automatic deduction function will be invalid.
Ping An Bank announced that because China Merchants Bank temporarily adjusted the repayment limit of some inter-bank credit cards, the single repayment amount should be within 6,543,800 yuan. If the automatic repayment of China Merchants Bank has been bound, the repayment amount should be within RMB 6,543,800+0,000, otherwise the transaction will be overcharged and will not succeed.
According to the staff of Ping An Bank, the increase or decrease of the inter-bank automatic repayment limit of credit cards is determined by the issuing bank that binds the savings card, and the credit card issuing bank only cooperates. Why did the bank suddenly cut the automatic deduction limit? In this regard, the staff of China Merchants Bank said, "Reducing the inter-bank automatic deduction limit to less than 1 000 is to reduce the repayment risk of credit card users."
In fact, China Merchants Bank is not the first bank to reduce the deduction limit. Other banks also lowered the inter-bank repayment limit to 1 10,000 yuan.
Excess overdraft can be repaid through the counter or online banking.
The staff of Ping An Bank reminded that on the repayment date of each month, the bank only makes automatic deductions and will not make supplementary deductions. In order to ensure timely and successful repayment, consumers need to ensure that the balance of the savings card is sufficient and the credit card overdraft limit is within the limit.
For the case that the overdraft amount exceeds the deduction limit, the staff of China Everbright Bank suggested that cardholders can choose repayment channels such as bank counters and online banking.
Don't panic if the deduction fails, just pay it off within the grace period.
Banking industry insiders reminded that whether the monthly bill of the cardholder's credit card account has been paid off, it is best to check and confirm it in time.
Then, will it be overdue and personal credit will be affected? The above-mentioned person said that in general, banks still have a three-day grace period on the final repayment date. So don't worry if you receive a text message with failed repayment. As long as the minimum repayment amount is enough as soon as possible within the grace period, there will be no problems of late payment fees and personal credit records.