Reasons for credit card repayment failure:

1. Incorrect bank account information

The card holder may have entered the bank account number or name due to carelessness. There is an error, causing the repayment to fail. It is recommended that cardholders re-verify whether the entered bank account information is consistent with the information of your account opening bank, and try repayment again.

2. Abnormal account status

After the cardholder discovers the abnormality, he needs to contact the bank as soon as possible to verify the status of the bank's credit card account. Whether there is any freeze, account cancellation, need to activate, etc. For example, if a credit card is overdue for a long time, the bank will usually freeze the credit card directly. Therefore, the cardholder will temporarily be unable to find this credit card when making repayment. At this time, it is recommended that the cardholder proactively call the bank service hotline to negotiate repayment.

3. The bank system is suspended

It is very likely that the credit card issuer's system is busy or is in an upgrade state, causing repayment to fail for a while. At this time, the cardholder can refresh page and reapply for repayment. If that doesn't work, you can choose other repayment methods, such as over-the-counter repayment.

The credit card repayment date, also known as the credit card repayment due date, refers to the last date when the credit card issuing bank requires the cardholder to repay the amount due. That is to say, after the card issuing bank issues the bill, you should repay it when it is due. Pay off all your previous expenses before the payment date. In fact, the repayment due date is the last day of the interest-free repayment period. Repayments before this date are interest-free. Overdue interest and late payment fees will be charged. The interest-free repayment period is different for each bank.

Notes

The due payment date is also called the final payment date. If you do not repay in full before the due payment date and do not choose the minimum payment on your credit card, If you repay the amount, the penalties you may face are:

1. All consumption payments will no longer enjoy the interest-free repayment treatment. The bank will calculate interest on a daily basis from the day when the consumption occurs, using the consumption amount as the principal. , with a daily interest of 0.05% and compound interest calculated on a monthly basis;

2. Receive a reminder call and letter from the bank;

3. Freeze your account and will Your debt record will be fed back to the People's Bank of China and recorded in your credit file, which will affect your personal credit;

If you really do not have enough money to repay in full on the due payment date, then please choose a credit card Repay with the minimum repayment amount. In this way, you only need to repay 10% of the total cost in each installment. In this way, although there is no interest-free repayment period, personal credit will be avoided.