Can I pay back a credit card directly with WeChat change?

You can pay back a credit card with WeChat change, but there is a 0.1% handling fee for using WeChat to pay back a credit card, and the minimum handling fee is 0.1 yuan. If you are repaying your own credit card, the single limit is 50,000 yuan, and the monthly limit is 500,000 yuan; if you are repaying someone else's credit card, the single daily limit is 10,000 yuan, and there is no monthly repayment limit. People use WeChat to pay off credit cards , mainly using the savings card bound to WeChat to pay off the credit card and using WeChat change to pay off the credit card.

The steps to repay a credit card with WeChat change are as follows:

1. Log in to the WeChat app on your mobile phone;

2. Click "I" in the menu bar at the bottom of the WeChat page ;

3. Click the "Wallet" column on the personal account page;

4. Enter "Wallet" and click "Credit Card Repayment";

5. Select the credit card you want to repay and enter the amount to be repaid;

6. Select "Change" in the payment method and click "Repay Now" to repay the credit card changed by WeChat. When using WeChat change to return a credit card, you should also remember not to exceed the credit card's repayment period.

WeChat changes the payment limit to 200,000 per year. After the user reaches the limit, they can upgrade and change the payment service according to the page prompts, or withdraw the changes to the bank card to repay the credit card, or change the payment after January 1 next year.

After ordinary users reach the limit, the system prompts them to open an account. After opening, he can continue to pay with change. If the user does not receive the prompt, the WeChat version may be too low and needs to be upgraded to the latest version.

WeBank is China’s first Internet bank. It was jointly established by Tencent and other companies. Possess a financial business license issued by the Shenzhen Banking Regulatory Commission. It is a regular bank and easy to open.

But if you use WeChat to change payment, users have restrictions. You can click Continue Payment on the page and follow the prompts to upgrade and change your account. After the upgrade is successful, you can use Change Payment. Alternatively, users can also complete payment using a bank card.

Operating environment:

WeChat Version 8.0.15

Can I use a credit card to repay a credit card on WeChat

WeChat functions are becoming more and more powerful. You can chat and send red envelopes, and you can also pay back credit cards. When it comes to repaying credit cards on WeChat, some cardholders will ask if they can use one credit card to repay another credit card? The answer is definitely no. So, why is this? Let’s take a look below.

WeChat change and credit card repayment are both developed by WeChat Pay, and the underlying layer is based on Tencent Tenpay. However, WeChat can only repay credit cards directly through the bound savings card, but cannot use a borrowed card to repay credit cards.

The main reason is that using a credit card to repay a credit card is equivalent to a disguised cash-out, which is the same as using a credit card to repay an IOU. Jingdong Baitiao itself is in the nature of a loan, or at least a credit account, similar to a credit card. Using a credit card to repay a JD.com IOU is equivalent to cashing out a credit card to repay another credit card, which is illegal.

According to the regulations of the regulatory authorities, overdrafts of personal credit cards of commercial banks (excluding Huinong credit cards that serve "agriculture, rural areas and farmers") should be used in the consumption field and shall not be used in non-consumption fields such as production, operation, investment, etc. Customers cannot use a credit card overdraft to recharge their payment account, which means they cannot use a credit card to recharge WeChat and then repay another credit card through WeChat.

So, if you want to pay off a credit card through WeChat, you can only use a debit card. As far as we know, credit cards issued by 21 banks can be repaid through WeChat. Among them, 6 banks, including China CITIC Bank, China Everbright Bank, China Minsheng Bank, Ping An Bank, Agricultural Bank of China and Industrial Bank, can receive the payment in real time.

Can WeChat red envelopes be paid back to a credit card? There is a handling fee.

You can choose to repay the WeChat balance by credit card. There is a handling fee, which is 0.1% of the amount, with a minimum of 0.10 yuan. .

WeChat charges 0.1% for each user’s cumulative repayment amount exceeding 5,000 yuan per natural month (minimum 0.1 yuan). The portion not exceeding 5,000 yuan is still free.

Other methods of credit card repayment mainly include: card issuing bank counter, ATM, online banking, automatic transfer, telephone banking repayment, etc.

After repayment, the credit card limit will be restored immediately, and the payment will generally be credited to the account after the system processes it on the same day.

Note:

The consequences of overdue credit card repayment will be serious, so overdraft consumption should be moderate. Although the biggest feature of a credit card is its overdraft function, it actually constitutes a loan relationship between the customer and the bank. Failure to repay when due may not only result in legal consequences, but also bear high penalties and interest, and most importantly, may cause A bad credit record will have a negative impact on your future work and life.

Extended information:

WeChat credit card repayment notes:

1. Multiple WeChat accounts under the same ID card are entitled to 5,000 per month. Yuan free quota.

2. When repaying money for others, the free repayment quota of the payer will be occupied, but the free repayment quota of the repaid party will not be occupied.

3. Irregular handling fee reduction and exemption discounts, use scheduled financial repayment, or make continuous repayments on the WeChat credit card repayment platform for 3 months or more, and enjoy irregular handling fee reduction and exemption discounts.

4. The WeChat credit card repayment backend is supported by Tencent’s big data. Massive data and cloud computing can promptly determine whether there are risks in the user’s payment behavior. Comprehensive identity protection based on big data and cloud computing ensures the security of user transactions to the greatest extent.