Is there any handling fee for credit card repayment?

After using a credit card for consumption, the cardholder needs to repay the balance on time. The main repayment methods currently provided include WeChat repayment and Alipay repayment. Generally, the repayment provided by banks does not require payment of repayment fees, but if the repayment is carried out through a third-party institution, then there will be A certain handling fee will be charged based on different repayment situations.

Credit card repayment process

Card-issuing bank repayment

1. Log in to the ATM repayment homepage of the account opening bank and click on credit card repayment;

2. Fill in the credit card repayment information: follow the prompts, select the credit card issuing bank, enter credit, cardholder name, monthly repayment date, repayment amount and contact information and confirm;

4. After transfer Use debit card online banking to complete the payment: follow the prompts and use other bank's debit card to complete the payment through online banking;

5. The repayment is completed, the transaction is inquired, and the receipt is printed.

Online repayment

As one of the main repayment methods for credit card repayments at the bank where the account is opened, online repayment has become a common repayment for the majority of credit card users. means.

1. Payee account name: fill in the name of the credit card holder.

2. The payee’s account opening bank: fill in the “Account Opening Bank Credit Card Center”.

3. Transfer to the payee’s account number: fill in the 16-digit credit card number.

4. Remarks: Fill in "Credit Card Repayment".

5. Withdrawal password: fill in the all-in-one card withdrawal password

6. After confirmation, the system will prompt whether the transfer is successful and the amount of the transfer.

7. Currencies accepted for repayment by the "Payment Plan" function: RMB

8. Cardholders can use the "Payment Plan" function to pre-set the payment date, and online banking will At the cardholder's request, a one-time or monthly transfer from the All-in-One Card to the cardholder's credit card or the credit card of another person designated by the cardholder for repayment.

9. Currencies accepted for repayment of the "Credit Card Payment" function: US dollars, RMB

10. If the cardholder has opened the online "Personal Banking Professional Edition" 4.5 or above of the All-in-One Card version, and handle the self-service transfer business between All-in-One Card and credit card, you can use the "Credit Card Payment" function to transfer repayment from the cardholder's All-in-One Card account to the cardholder's own credit card.

11. Personal Internet Banking Public Version:

If the cardholder has opened an all-in-one card from the bank where the account is opened and has applied for the "self-service transfer agreement" between the all-in-one card and the credit card, he or she can log in to the China Merchants Bank website Use personal online banking public version to transfer funds to the cardholder's credit card for repayment. The transfer amount restores the cardholder's credit card available limit in real time.

How to pay off a credit card?

You can handle credit card repayment through the following channels:

1. Palm Bank: Please log in to the Palm Bank APP and click "Credit Card → Repayment" on the homepage to make your own Agricultural Bank of China credit card payment , repay other people's Agricultural Bank of China credit cards; click "Credit Card → Repayment → Set Agreed Repayment" to apply for automatic repayment of your own Agricultural Bank of China credit card debt.

2. Online banking: Please log in to personal online banking, click "Credit Card → Repayment → One-click Repayment" to repay your Agricultural Bank of China credit card debt; click "Credit Card → Repayment → Agreed Repayment", You can apply for automatic repayment of your own Agricultural Bank of China credit card debt; click "Credit Card → Repayment → Repay Other People's Cards" to repay other people's Agricultural Bank of China credit card debt.

Warm reminder: If you need to repay credit cards from other banks, you can do so through "transfer".

(Answer time: June 25, 2021. In case of business changes, please refer to the actual situation.)

Are there any handling fees for credit card repayments?

There is no handling fee for credit card repayments.

However, when using a third-party platform to repay credit card debt, a handling fee will be charged. For example, when using WeChat to return a credit card, it will be charged at 0.1 of the repayment amount, with a minimum of 0.1 yuan; when using Alipay to return a credit card, the amount is higher than 2,000 yuan. Part will be charged at 0.1 yuan, and the minimum is 0.1 yuan.

There is no charge for repaying credit card debts using the bank channels to which the credit card belongs, such as bank ATM machines, bank online banking, bank counters, etc. In addition to no fees, these channels will be credited when repaying credit card debts. The speed is the fastest, but it may be more troublesome during repayment. You must repay on time on the credit card repayment date, otherwise penalty interest will be incurred, and the bank will upload overdue records to the credit reporting system. If your personal credit rating becomes bad, it will affect the loan processing.

So, when you use your credit card, you must repay it on time and never overdue it. When an individual is unable to repay the loan on time, he or she can borrow money from friends around him to repay the loan. This can avoid the situation of not being able to repay the loan on time. However, it must be returned to the friend on time later. This repayment method also avoids the expense of interest, but it cannot Use it frequently, otherwise it will arouse resentment among friends, and control your consumption in time when you cannot repay on time.

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 issuing bank's name, validity period, number, cardholder's 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 designated commercial service departments, and then the bank will settle the accounts with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

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 bill date.

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.

Are there any fees for credit card repayments?

No, the credit card only needs to pay back the amount consumed during the billing period without any handling fees. If there is a handling fee, it is charged by the third-party platform, and the bank itself does not charge a repayment handling fee.

If you repay from a third-party platform such as Alipay or WeChat, the platform will charge a service fee based on 0.1 of the repayment amount. Some platforms will give users a certain repayment limit and charge the excess amount. Handling fee.

If you use the bank’s credit card APP to repay, there is no handling fee. The China Merchants Bank credit card APP is called Palm Life, the Bank of Communications credit card APP is called Pay Bar, the Everbright Credit Card APP is called Sunshine Hui Life, the CITIC Bank credit card APP is called Dongka Space, and the Shanghai Pudong Development Bank credit card APP is called Puda Xiben? There are many credit card APPs, not all of them. Listed, you can check for details. Generally, bank staff will remind you to download the corresponding APP when applying for a credit card.

There are also some banks that do not have a dedicated credit card APP. The same APP is used for debit card business and credit card business. China Construction Bank has only one APP, called China Construction Bank, which can handle all businesses; Ping An Bank also In this way, there is only one APP called Ping An Pocket Bank. There is definitely no handling fee for repayment using the bank’s official APP.

In addition to the bank’s official APP and third-party platforms, you can also use China UnionPay’s APP “Union Quick Pass” to repay. Union Quick Pass is very easy to use, there is no handling fee for repayment and it is very convenient.

Cloud QuickPass is a mobile payment APP jointly developed, constructed, and maintained and operated by China UnionPay under the guidance of the People's Bank of China, together with commercial banks, payment institutions and other industry parties. Cloud QuickPass can be bound to all banks' cards. It is very convenient to check the balance of the debit card and the repayment amount of the credit card. One APP can handle the repayment of the credit cards of all banks. There is no need to download so many bank APPs and there are no handling fees.

There is no handling fee for repayment using the bank's official APP or UnionPay's UnionPay QuickPass. There is no need to repay on Alipay or WeChat, which is a waste of money.

How to save handling fees when repaying Alipay credit card?

Alipay’s free credit card repayment fee is as follows:

1. Use the free credit limit for repayment. Alipay has a free repayment limit of 2,000 yuan every month when repaying a credit card. , first reduce the free quota of 2,000 yuan.

2. Use the lifetime free quota. Everyone has a lifetime quota of 20,000 yuan for Alipay withdrawals. If 2,000 yuan is used up, you can transfer the balance of Alipay to the bank card and then use online banking to pay off the credit card.

3. Use Yu Libao to repay. If the lifetime limit of 20,000 is used up, you can open Yu Libao. First transfer the money to Yu Libao, then transfer the money from Yu Libao to the bank, and then use online banking to pay off the credit card.

4. Use online banking to repay. In addition to using Alipay to pay off credit cards, you can also directly use online banking to repay credit cards. Online banking is generally free of charge.

5. Let others repay the money on your behalf. If you only have money in Alipay and don’t want to incur too high handling fees, you can use other people’s free credit to repay the money, and then transfer money to the other party from Alipay.

6. Use Huabei for consumption. You can use Huabei for daily consumption. Huabei repayment is free. It is similar to a credit card and has an interest-free period.

: 1. Alipay (China) Network Technology Co., Ltd. was established in 2004. It is a domestic third-party payment platform and is committed to providing "simple, safe, fast and convenient" payment solutions for enterprises and individuals. plan. Since its establishment in 2004, Alipay has always regarded "trust" as the core of its products and services. It has two independent brands, "Alipay" and "Alipay Wallet". Since the second quarter of 2014, it has become the world's largest mobile payment manufacturer.

Alipay has established strategic partnerships with more than 180 banks at home and abroad, as well as international organizations such as VISA and MasterCard, becoming the most trusted partner of financial institutions in the field of electronic payment.

In February 2020, the Nepalese central bank issued a license to Alipay. In July, Alipay was selected into the list of outstanding blockchain solutions to combat the epidemic. In October, Alipay launched the "late payment" function. Alipay borrowing can be changed to credit loan.

2. Alipay has more than 450 million real-name users, more than 270 million active Alipay wallet users, and more than 45 million single-day mobile payments, exceeding the global peak of 45.18 million single-day mobile payments set on November 11, 2013. record. During the entire day of Double Eleven in 2014, the number of Alipay mobile payment transactions reached 197 million. Alipay's steady style, advanced technology, keen market foresight and great sense of social responsibility have won wide recognition from banks and other partners. Alipay has established in-depth strategic partnerships with more than 180 banks at home and abroad, as well as international organizations such as VISA and MasterCard, becoming the most trusted partner of financial institutions in the field of electronic payment.

That’s it for the introduction of how to repay the credit card fees.