What should I do if I paid twice with a Bank of China credit card?

If I paid twice with a Bank of China credit card, once the repayment is successful, it cannot be withdrawn. The overpayment will become an overpayment on the credit card. .

The overpayment can be directly placed in the credit card account to offset future bill repayments. If you want to withdraw it, you may need to bear part of the handling fee. Only some banks are free of charge, such as Agricultural Bank of China, Guangfa, Minsheng, etc.

Overpayment refers to the funds that credit card customers overpay when repaying or the funds stored in the credit card account. A certain amount of fees must be paid to withdraw the overpayment.

Can I get a refund if I repay my credit card twice in the same period?

If I repay my credit card twice in the same period, the system will deduct the amount on the repayment date and will only deduct the amount due for the current period. The overpayment will be stored in the credit card as overpayment.

When users use credit cards to make purchases, the excess payment will be consumed first. If the user does not use the credit card during this period, on the next repayment date, the overpayment can also be used to repay the next bill amount.

Therefore, for users, if a credit card is repaid twice in the same period, the money will not be deducted twice, and the extra money will still be on the card.

Credit cards, also called credit cards, are credit certificates issued by commercial banks or credit card companies to consumers with qualified credit. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

Main features

①Credit card is one of the fastest growing financial services today. It is an electronic currency that can replace traditional cash circulation to a certain extent;

p>

②Credit cards have both payment and credit functions. Cardholders can use it to purchase goods or enjoy services, and can also obtain certain loans from card issuers by using credit cards;

③Credit cards are high-tech products that integrate financial services and computer technology.

④Credit cards can reduce the use of cash;

⑤Credit cards can provide settlement services, facilitate shopping and consumption, and enhance a sense of security;

⑥Credit cards can simplify collection Reduce payment procedures and save social labor;

⑦Credit cards can promote product sales and meet social needs.

Financial Management Strategy

1. Control the number of credit cards and only have enough.

Once there are too many credit cards, it is easy to make mistakes or forget the repayment date of the card. Issues such as the credit limit of that card are difficult to manage and can easily lead to late repayments and leave a bad record. Moreover, if you swipe multiple cards to earn points, the points will be too scattered and it is not conducive to redeeming gifts. Therefore, it is recommended that only 1 to 2 credit cards are enough.

2. Keep the credit card receipts

Most credit card holders do not care about the receipts and will not keep them. Most of them throw them away. This is a very bad habit. In fact, retaining credit card vouchers not only facilitates the monthly summary of consumption records to analyze and optimize consumption habits, but also helps improve the rationality and transparency of credit card consumption, so that the card can be swiped clearly. And many people do not set passwords on their credit cards. Discarding the credit card credentials at will may lead to theft of the credit card.

For security reasons, it is best to keep the credit card receipt after swiping the card to make yourself aware of it and develop good credit card financial management habits.

3. Reduce cash withdrawals

Credit cards have two functions: overdraft and cash withdrawal, but cash withdrawals require a certain percentage of handling fees, and even if you deposit your own money into it, you will be charged. Therefore, it is not cost-effective to use or use it as a passbook.

4. Choose the right credit card

The choice of credit card is very important. Nowadays, many commercial institutions have bundled cooperation with banks. For example, you can apply for a joint credit card between a department store and the corresponding bank. With a credit card, you can spend points here as a member and get discounts; or some cards can provide discounts at designated merchants, including dining, movies, towing services, etc. There are various categories, and you can choose freely according to your own needs.

Credit cards should be used wisely and chosen wisely.

5. Use your credit card as much as possible within the maximum limit for credit card consumption

Every credit card has a limit. If you use your card within this maximum limit, you are safe. So, within this controllable range, please swipe as many cards as possible. Because a credit card is like when you buy something, the bank will pay you first, so why not? Just pay it back to the bank on time on the repayment date. On the one hand, it is more convenient to consume, on the other hand, it can also accumulate credit, and the bank can also charge merchants fees from your card swiping amount, which is a win-win situation.

6. Don’t repay until the repayment date

Use the last repayment date to earn more interest. After all, the money is placed in your own account, and the interest generated is also yours, so Make full use of the opportunity of money in your hands to make it generate more money. In addition, if you are unable to repay due to some special reasons on the repayment date, please call the bank's credit card customer service hotline to explain the situation and request a delay in repayment. 1 to 2 days, usually this situation will be allowed.

What should I do if I paid off my credit card twice?

I accidentally paid off my CCB credit card twice. The second overpayment will still be in the credit card account and will not be refunded. Overpayment refers to the funds overpaid by credit card customers during repayment or the funds deposited in the credit card account. A certain amount of fees must be paid to withdraw the overpayment. This amount can increase the available limit of your credit card or be used directly for consumption repayment.

In most cases, citizens who have full capacity for civil conduct (citizens over 18 years old in mainland China) and have certain direct financial resources can apply for a credit card from the card issuing bank. Sometimes, legal persons can also be applicants.

Applicants for credit cards can be divided into units and individuals. Applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal person status in my country. Each unit applying for a credit card can receive a main card and multiple (5-10) supplementary cards as needed. To apply for a credit card, an individual must have a fixed occupation and a stable source of income, and provide a guarantee to the bank. The forms of guarantee include personal guarantee, unit guarantee and personal capital guarantee.

The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his/her basic information, etc. And submit certain copies of documents and certificates to the card issuing bank. After the customer fills in the application form truthfully according to the content, the customer must also submit the relevant credit certificate while submitting the completed application form. The application form is accompanied by a credit card use contract. The applicant authorizes the card-issuing bank or relevant departments to investigate its relevant information, and submits a statement of the authenticity of the information, the card-issuing bank's privacy protection policy, etc., and must have the applicant's signature.

After receiving the application form and relevant materials from the applicant, the card-issuing bank must review the applicant's creditworthiness. The content of the review mainly includes whether the content of the application form is true. The creditworthiness of the applying unit must be evaluated, and the relevant circumstances of the guarantor must also be reviewed for individuals.

Usually, banks will judge whether to issue a credit card to the applicant based on the application information and various aspects of the applicant's information and financial situation. Factors considered include the applicant's past credit record, the applicant's known assets, professional characteristics, etc. The specific factors and processes reviewed by the card issuing bank are commercial secrets and are generally difficult for outsiders to understand. The standards of each card-issuing bank are also different. Therefore, the same materials may be issued with different credit limits and different types of credit cards in different banks. Some banks may even approve the application, while others may reject it. .

Accidentally repaying the credit card twice

1. Use it as the next repayment. The overpaid amount does not need to be withdrawn, but placed on the credit card, and then the card can be used for consumption as normal. The repayment amount generated by the next bill can be deducted from the overpaid amount this time.

But the disadvantage of this is that the money lying on the credit card becomes dead money and cannot accrue interest.

2. Some banks can withdraw cash directly. For overpayments on credit cards, some banks can directly withdraw cash without handling fees, but most of them are limited to local banks.

For example, ICBC, China Construction Bank, Bank of China, Bank of Communications, Minsheng Bank and other banks have no handling fee for withdrawing overpayment from credit cards at local banks (over the counter or ATM machine);

The local bank of Shanghai Pudong Development Bank stipulates that there is no handling fee for withdrawal. The bank's ATM machine charges a handling fee of 0.5 yuan for withdrawal, with a minimum charge of 5 yuan.

If you withdraw cash from someone other than our bank, a certain handling fee may be charged. For example, ICBC charges 2 yuan for each withdrawal when withdrawing from another bank; China Construction Bank charges 1 handling fee for withdrawing cash from other places, with a minimum of 2 yuan. The maximum is 50 yuan;

There is no handling fee for collecting credit card overpayment through any channels within China Guangfa Bank.

China Everbright Bank charges no handling fee for withdrawals from its own bank, while withdrawals from other banks charge 1 handling fee, with a minimum of 3 yuan and a maximum of 200 yuan.

3. Online banking transfers of some banks

If you accidentally overpay, in addition to withdrawing cash from ATMs and counters, some banks can also transfer funds to their bank savings cards through online banking.

Different banks have different policies for overpayment online banking transfers. For specific cardholders, you can call the bank's customer service number to inquire.

What should I do if I make repeated payments on my credit card?

If I make repeated payments on my credit card, once the payment is successful, it cannot be withdrawn. The overpayment will become an overpayment on the credit card, which can be placed directly on the credit card. The account is used to offset future bill repayments; if you want to withdraw it, you may need to bear part of the handling fee. Only some banks are free of charge, such as Agricultural Bank of China, Guangfa, Minsheng, etc.

According to Article 7 of the "Regulations on the Supervision and Administration of Credit Card Business of Commercial Banks": A credit card refers to a credit card that records cardholder account information, has bank credit lines and overdraft functions, and provides cardholders with relevant banking services. All types of media.

Credit cards stipulated in the relevant laws of our country ("Interpretation of the Standing Committee of the National People's Congress on Relevant Credit Card Regulations") refer to credit cards issued by commercial banks or other financial institutions with the functions of consumption payment, credit loans, transfer settlement , cash deposit and withdrawal and other full or partial functions of the electronic payment card. On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented, stipulating that the standard English name of credit cards is CreditCard.

Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when consumption, and repayment will be made on the billing date (BillingDate).

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the prescribed credit limit. The so-called credit card generally refers to a credit card only.

Starting from January 1, 2021, the credit card overdraft interest rate will be determined independently by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of credit card overdraft interest rates will be cancelled. The daily interest rate is 0.7 times 5/10,000).

On May 25, 2021, the Supreme People’s Court issued and implemented the “Regulations of the Supreme People’s Court on Several Issues Concerning the Trial of Bank Card Civil Cases.”

Interpretation:

According to Article 7 of the "Regulations on the Supervision and Administration of Credit Card Business of Commercial Banks": A credit card refers to a credit card that records relevant information about the cardholder's account, has bank credit limit and overdraft functions, and Various media that provide cardholders with related banking services.

I accidentally paid off my CCB credit card twice. What should I do? Will it be refunded?

The funds deposited into the CCB credit card will first repay the entire credit card balance. If there is still remaining funds, it will be the credit card overpayment. In addition to giving priority to consumption, customers can also spend it in the following ways :

1. RMB excess payment: You can transfer RMB excess payment to your bank savings account or other through mobile banking, personal online banking "credit card-cash transfer" function, branch counters, and self-service equipment For credit cards, overpayment funds can be transferred to our bank's accounts in the same city without handling fees; cardholders can also withdraw cash from overpayments through CCB outlets or self-service equipment, and there is no handling fee for overpayment withdrawals from local branches.

(Note: Since the Dragon Card E payment card does not have a physical card, when withdrawing cash, you can use "Dragon Card Cloud Quick Pass" to withdraw cash from the main credit card account through contactless methods at ATMs marked with the UnionPay "Quick Pass" logo).

2. Overpayment in foreign currency: After calling 95533, press the # key, select "3 Credit Card Services", and use manual service to refund the overpayment in foreign currency to the debit card.

(In case of business changes, please refer to the actual situation.)

This is the introduction of what to do if you pay back your credit card twice.