Does the entry in the account indicate that the repayment has been made?

The entry in the account indicates that the repayment has been made, but the funds have not yet been entered into the account, and the repayment status is still unpaid. Only when the repayment funds are credited can the user's repayment be considered successful.

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).

The earliest credit card appeared at the end of the 19th century. In the 1880s, the British clothing industry developed so-called credit cards, and the tourism and business sectors followed suit. However, the cards at that time could only be used for short-term commercial credit, and the money still had to be paid as and when used. Long-term arrears were not allowed, and there was no credit limit.

A credit card is generally a special carrier plastic card with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 1 mm. The name of the card issuer, validity period, number, cardholder name, etc. are printed on the front, and there is a chip on the back. Magnetic strip, signature strip. Cardholders can use their credit cards to shop and spend money with special entities and deposit and withdraw cash from banks. What does it mean when credit card repayments are credited?

Credit card repayment status means that after the current balance due is deposited into the card on or before the repayment date, the online banking interface or ATM machine will show that the repayment status is in the account. Generally, when these words appear, it means that the deposit into the bank system has not yet been completed. The repayment can be completed after the system automatically processes it successfully.

For more information about what does it mean when a credit card repayment is recorded in the account, go to: View more content What does it mean when a credit card repayment is shown in the account?

Credit card repayment is recorded on the repayment date. After depositing the balance due for the current period into the card on or before the same day, the online banking interface or ATM machine will show that the payment is being credited to the account. Generally, when these words appear, it means that the deposit into the bank system has not yet been completed. The repayment can be completed after the system automatically processes it successfully.

Credit card repayment method:

1. Bind debit card for automatic repayment.

If you are not under great financial pressure or have a fixed salary card, you can directly bind your credit card to your debit card for automatic repayment. The bank will automatically deduct the amount when it's time to repay. There is no need to remember the repayment time at any time, and no manual operations are required. You can directly transfer the repayment to avoid overdue payments.

2. Online bank transfer.

If you often make self-service arrangements for the time and amount of repayment, you can use online banking to transfer repayments online. It is best to open a debit card and online banking from the card issuing bank while using a credit card. It is more convenient to transfer and repay in this way and there is no handling fee.

3. Third-party repayment channels.

If you do not have a debit card and a credit card from the same bank, you may need to pay a transfer fee to the debit card issuer for online transfer repayment.