Tips for using credit cards while paying back them

Techniques for using credit cards while paying off. Nowadays, almost everyone has several bank cards, and for users who have multiple credit cards, it is necessary to Use each card rationally. There are many skills when using credit cards. Let’s learn more about the skills of swiping credit cards while paying them off. Tips for using credit cards while paying them off 1

Tip 1: The repayment amount and the amount used to pay the card should not be close or the same

Many people always postpone the payment until the end when they repay their cards. day. So at this time, time is very tight. If you do not pay off your credit card bills in time, you may incur high interest due to the minimum payment, and even risk overdue payments.

So when the final repayment date is approaching, many cardholders will make one payment, another payment, another payment, and another payment. So this repayment method is the easiest to be risk controlled by banks. With this kind of operation, it is easy for the bank to mistakenly think that you are "taking advantage". Over time, it will cause risk control. When you reverse the card again, you will find that although the money is still in it, it cannot be swiped out. After checking, you will find out that the credit card has been reduced. Therefore, during the card transfer process, it is best not to have the repayment amount and the card swipe amount close or the same.

Tip 2: It is best to wait more than 2 hours between each credit card swipe.

Everyone knows that when a credit card is reversed, the funds must be swiped out in multiple tranches after repayment. The card maintenance technique is called small amount and multiple transactions, but since it is a card reversal, naturally it cannot be small amount. But pay attention to the time interval between card swiping. If the two card swiping times are very close to each other, it will also cause risk control by the bank.

Especially when credit card merchants appear in other places. For example, the merchant address for your first swipe of credit card is in city A, and the merchant address for swiping your card a few minutes later is in city B, and the two cities are hundreds of kilometers apart. So how do you explain it, can the bank trust it? Therefore, it is best to wait at least two hours between each time you swipe your card.

Tip three: swipe the card on the same day and pay back the next day

For example: the bill amount is 20,000, and the available limit is 10,000. I divided 4 transactions that day and got 10,000 out. If the 10,000 yuan is returned on the same day, it is likely to trigger risk control by the bank. At the same time, due to the rapid inflow and outflow of funds on your savings card, it is very likely that the bank will restrict "over-the-counter transactions". Therefore, whether it is a credit card or a debit card, it is best to swipe the card on the same day and pay back the next day.

In addition to the above tips, you also need to avoid making large deposits and withdrawals on credit cards, and fast in and out. At the same time, you also need to pay attention to whether the merchant using the card is a preferential merchant? For each card payment, whether points are credited to the account, etc.

To summarize: Tips for recurring credit card repayments are: 1. The repayment amount and the credit card amount should not be similar or the same. 2. It is best to wait at least two hours between each swipe of the card. 3. If you swipe the card on the same day, it is best to repay the card the next day. If you do the above, the probability of your credit card being risk controlled will be very small. Tip 2 for using credit cards while paying off

How long should you wait before paying off credit cards?

The repayment time for credit cards is not clearly stipulated, but it is considered that the bank card will be credited to the account the next day after the card is swiped. , it is recommended to repay the loan the next day. Pay attention to the repayment amount. It must not be the same as the credit card amount. Repay as much as possible.

You also need to consider fees when repaying a credit card. For example, many banks' mobile banking allows free repayment, but the same card can only be repaid up to 3 times. The specific regulations are subject to the bank's regulations.

Things to note when paying off your credit card while swiping it

1. Do not swipe the card and pay it back on the same day. It is best to swipe it every 2 days and pay it back again. The amount of each swipe should not be the same as the repayment amount. Too close, the physical time can be allocated from the billing date to the repayment date;

2. When swiping cards, try to use merchants with points to swipe cards, do not swipe cards frequently at the same POS machine or the same type of merchants, and keep Diversified consumer merchants;

3. The card must be swiped during the merchant's normal business hours, and the amount swiped must match the merchant type. From 8 a.m. to 9 p.m., it is suitable for public consumption.

4. If possible, try to save the receipt signed by the POS machine.

Will the credit limit be reduced while the credit card is being used?

1. You can use it on the same day after repaying the payment on the same day. The repayment amount is similar to the consumption amount. For example, if you repay 1,000 yuan, you can If you spend 1,000 yuan at once on the same day or the next day, the card provider and the consumption amount are different. For example, if you are paying 1,000 yuan in a small supermarket, there will be a problem.

2. The time for swiping the card is outside the normal business hours of the merchant. For example, you can swipe your card at a small supermarket or clothing store at 5-6 a.m., or you can swipe your card late at night. Even if the amount of your card swiped is matched with the merchant, it will still be easily controlled by the bank.

In short, whether the credit card limit will be reduced while swiping the credit card is mainly related to the cardholder's credit card swiping behavior. It is recommended that everyone must develop good card usage behavior so that the credit card can be used for a long time. Otherwise, if it is used illegally, it is only a small matter to reduce the limit, and the gain will not be worth the loss if the card is blocked. Tip 3 for using your credit card while paying it off

Is it okay to pay off your credit card while you are consuming it, and will it have any impact?

Do this before the bill date: For this type of user, the credit card limit may not be enough for consumption. If you do this frequently, there is a high probability that the customer service MM will call you and ask you why you are paying back the money while consuming. Then you If the credit limit is not enough, the bank will manually re-examine your information and most likely increase your credit card credit limit.

After the billing date and before the final repayment date: This type of user is most likely to have reversed the card, that is, the funds on hand are not enough to pay off the credit card at once, so they swipe it out and pay it back. Keep repeating. Since 2018, such users have been flagged and risk-controlled by the banking system. More than 90% of them are obvious and resource-hungry users, and are high-risk users. Therefore, this operation will definitely block the card and reduce the limit. It is only a matter of time. .

Credit cards have two dates: one is the billing date and the other is the repayment date. The billing date of the credit card is generated and represents the details of one period's bill. Then, when you repay, you will pay back the amount of the previous bill. According to bank regulations, you can repay in multiple installments, as long as the total amount of the bill is paid off before the repayment date.

After repayment, any further consumption will be included in the next period's bill. Just be careful, don't pay one amount in, and then another one will come out immediately. In order to avoid suspicion, the amount of repayment should be paid out in two or three strokes, and the consumption types should be as diverse as possible. If you pay attention to this, it doesn't matter.

If the credit card limit is not enough, you can deposit it first and then spend it. However, it is not recommended to pay off the loan immediately after consumption, just like if you want to pay off the loan in one lump sum after making installments. Although this can be done without any consequences, it is also a violation of the agreement and is not conducive to maximizing interests. Credit card repayments repay the outstanding balances that have been billed. The amount consumed will be billed on the next billing date before repayment is required.