Can I repay the credit card on the same day if I swipe it on the same day?

If it is a China Merchants Bank credit card, the consumption amount can be repaid before the due repayment date, and the latest at 24:00 on the repayment date Just pay it back to your credit card beforehand (subject to actual arrival).

Will it affect your credit if you pay off your credit card on the same day?

No.

1. If your credit card still has available credit, you can repay it on the same day. If there is no available limit, you need to wait for the credit card repayment to arrive, and then the credit card can be swiped after the limit is restored. However, usually the credit card limit will be restored immediately after repayment.

2. If the repayment is through a bank, such as directly depositing the repayment amount at the bank's automatic deposit and withdrawal machine or counter, or repaying the repayment through bank transfer via a bank's savings card, then the repayment is The quota should be restored immediately in the future, and you can spend it if you have available quota.

3. If the repayment is made through a third party such as Alipay or across banks, it will take 1-3 days to be credited. After the repayment transaction is credited, the available quota will be restored, and then the user will You can continue to use it.

Extended information:

Notes:

1. Pay attention to the billing date and repayment date: the billing date is the day when the credit card statement is issued. The repayment date is usually pushed back 20 days from the bill date. The bank will have a grace period for the repayment date, which is 2-3 calendar days after the repayment date. Each bank is different. This is the final payment deadline.

2. Automatic repayment: The most important issue for users when using credit cards is credit. Users who set up automatic repayment should also pay attention to the balance in the agreed repayment account at any time three days before the repayment date to see if it is sufficient for repayment. Avoid debit failure due to insufficient balance and overdue payment. If the repayment account card status is abnormal (reported as lost or canceled), the bank system will not be able to successfully deduct the money.

3. It is recommended that all card owners keep a balance in their debit card that is greater than the repayment amount, in case there are fees for cash withdrawals or other unexpected expenses during the account period, which will lead to the repayment amount within the deadline. insufficient.

4. Credit card repayments are in order: usually the annual credit card fee, handling fee and interest have the highest priority, followed by the principal of the last cash withdrawal transaction, the principal of the last consumption, etc. Therefore, the bank will deduct the repayment according to this order. If the repayment amount is insufficient, it may become overdue.