If the credit card can be repaid in advance, it can be passed; Counter repayment can also be made through Alipay transfer or directly through ATM. Repayment on time will not generate any extra expenses. Overdue repayment will generate late fees and interest, which will affect personal credit. 1. The late fee for overdue credit card is: 5% of the unpaid part of the minimum repayment amount. Second, the calculation formula of credit card overdue interest: credit card overdue interest = 0.0005 days of overdue consumption last month. The characteristic of credit card is to overdraw first and then repay. Therefore, it is not recommended that you repay in advance. Or deposit the money in a savings account first and pay it back on the last repayment date. This money can also generate interest on deposits. If you are afraid of forgetting to repay, you can set up automatic associated repayment. Making good use of credit cards is also a means of financial management.
Can credit cards be repaid in advance?
Credit cards can be repaid in advance. Repayment can be made at the counter, online banking or self-service equipment.
However, it is best not to pay in advance by installment. At present, most banks charge credit card installment fees by stages. After credit card installment, if you have sufficient funds and want to repay the loan in advance, the installment fee is inevitable.
Credit card is a credit certificate issued by commercial banks or credit card companies to qualified consumers.
The form of credit card is a card with the name of the issuing bank, expiration date, number and cardholder's name printed on the front. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limit.
Product category
Classification of institutions
(a) according to the different card issuers, it can be divided into bank cards and non-bank cards.
(1) bank card. This is a credit card issued by the bank. Cardholders can shop and spend money at the special merchants of the issuing bank, or they can withdraw cash at any time at the outlets of the issuing bank or at places with ATMs.
(2) Non-bank card. This kind of card can be divided into retail credit card and travel entertainment card. Retail credit cards are credit cards issued by commercial organizations, such as department stores and oil companies, which are specially used for shopping in designated stores or filling gas stations. , and settle accounts regularly. Travel and entertainment card is a credit card issued by airlines, travel companies and other service industries, which is used for ticket purchase, dining, accommodation, entertainment and so on.
(2) According to different card issuers, it can be divided into corporate cards and personal cards.
(1) company card. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, state party and government organs, armed forces, organizations and other legal person organizations.
(2) Personal card. Personal cards are issued to individual urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable income sources. The personal card is applied in the name of an individual and bears all the responsibilities for its use.
(3) According to the credit status of cardholders, it can be divided into ordinary cards and gold cards.
(1) ordinary card. Ordinary cards are issued to cardholders with average economic strength, credibility and status, and the requirements are not high.
(2) gold card. Gold card is an advanced credit card that pays a high membership fee and enjoys special treatment. Card issuers are institutions with high credit, strong repayment ability, credit or certain social status. The starting point of gold card authorization limit is higher, and the additional service items and scope are wider, so the requirements for related service fees and deposits are higher.
Can credit cards be repaid in advance?
Credit card loans can generally be paid off in advance, depending on bank regulations. Because credit card loans sometimes charge a one-time fee, prepayment does not save money. At the same time, according to the contract, sometimes it is necessary to pay liquidated damages for early repayment.
Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits. Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards. Product category: according to different card issuers, it can be divided into bank cards and non-bank cards; According to the different issuing banks, it can be divided into corporate cards and personal cards; According to the credit status of cardholders, it can be divided into ordinary cards and gold cards; According to different payment methods, credit cards can be divided into credit cards and quasi-credit cards; Credit cards can be divided into international cards and regional cards according to their different circulation ranges. The object of applying for credit card can be divided into units and individuals. Applicants should be organs, enterprises and institutions, foreign-invested enterprises and individual industrial and commercial households with independent legal personality in China. When applying for a credit card, each unit can get a main card and multiple supplementary cards as needed. Individuals applying for credit cards must have a fixed occupation and a stable source of income, and provide guarantees to banks. The forms of guarantee include personal guarantee, unit guarantee and personal fund guarantee. The application method is generally by filling in a credit card application form, which generally includes the applicant's name, basic information, economic situation or income source, guarantor and its basic information. And submit some copies of certificates and vouchers to the issuing bank. After filling in the application form truthfully, the customer shall submit the completed application form and relevant credit certificate. A credit card contract is attached to the application form. The applicant authorizes the issuing bank or relevant departments to investigate the relevant information, and submit the information authenticity statement and the privacy protection policy of the issuing bank. , and must have the applicant's autograph.
Can credit cards be repaid in advance?
Credit cards can be repaid in advance and at the right time, which will also help you increase your quota. I will elaborate for you from the following points:
I. Repayment before the bill date
First of all, let me explain the accounting day. After you apply for a credit card, the credit card will set a billing date for you. On this date of each month, the bank will settle all the consumption amounts between the billing date of last month and the billing date of this month. The total amount is your bill this month, and you need to pay the total amount of this bill this month.
After knowing the meaning of the billing date, if you repay before the billing date, then the amount on your billing date will also be counted as your repayment, that is, the bill amount MINUS this repayment. For example, your bookkeeping date is 25th of each month, and you spent 10 between September 25th and October 25th of 10. The total consumption of 10 is 2000 yuan, and you spent before 25th of bookkeeping date of 10+00. If you paid a sum of 2000 yuan on June 25th of 10, then the bill of 10/October 25th is =2000-2000=0 yuan; If you paid a sum of 3000 yuan on June 25th of 10, then the bill of 10/October 25th is = 2000-3000 =-1000; The appearance of-1000 yuan means that you have saved more 1000 yuan. Your limit was originally 20,000 yuan, and you can swipe 2 1000 yuan next month.
2. Repayment after bill date
Repayment after the bill date means repayment within a period of time after the bill date. This repayment period varies from bank to bank, but it is about 15-20 days. As long as you repay within 15-20 days after the bill date, it has no influence on you.
3. Repayment after the final repayment date
The billing date, repayment date and final repayment date I just mentioned are the last day of the repayment period of 10- 15 days after the billing date, which is the final repayment date. If you repay after the last repayment date, the bank will count your repayment record as overdue and report it to the credit information center.
Generally speaking, prepayment has no effect on your credit information, but pay attention to two dates, the billing date and the final repayment date. Repayment before the billing date can reduce the amount of your bill. Repayment before the last repayment date after the billing date is a normal repayment, that is, it will not affect the bill and credit information, and repayment after the last repayment date will affect your credit information.
Can credit cards be repaid in advance?
Credit cards can be repaid in advance, but credit card prepayment is a taboo.
1. Why is prepayment by credit card a taboo?
1, the handling fee is high.
Only users who repay in full and on time can win the favor of banks, and most banks regard prepayment or overdue repayment as a breach of contract and need to pay liquidated damages to them. Of course, the pre-agreed handling fee is still charged, so the card friend needs to pay an extra fee to the bank when choosing to repay in advance.
2. Credit cards have decreased.
Banks approve credit cards for cardholders in order to bring more benefits to themselves. If repayment is always made in advance, banks will question customers' consumption demand. Therefore, in order to avoid wasting resources, banks will generally take measures to reduce the amount, which will adversely affect future credit card withdrawals.
3, affect the future application for loans or card results.
Whether it is a loan or a credit card, the purpose of lending institutions is for users to use. However, if the user only uses it for a short time and then repays it, the income of the credit card cannot be maximized. Then, in the face of such users submitting loan or credit card applications again, lending institutions will generally take refusal measures.
Second, the credit card repayment process
The issuing bank also
1. Log in to the ATM repayment homepage of the opening bank and click on the credit card repayment;
2. Fill in the credit card repayment information: select the credit card issuer according to the prompt, enter the credit, cardholder's name, monthly repayment date, repayment amount and contact information and confirm;
3. Transfer out the debit card to complete the payment through online banking: according to the prompt, complete the payment through online banking with the debit card of another bank;
4. Query the transaction after repayment and print the receipt.
(2) Online repayment
As one of the main repayment methods of bank credit card repayment, credit card online repayment has become a common repayment method for credit card users. The mobile terminal of mobile phone series is iPhone or Android smart phone, and the version of iOS system should be above 4.0, and the version of Android operating system should be above 2.0. Take the APP of China Merchants Bank as an example.
1. Fill in the name of the credit card holder in the payee's account name; The payee's bank should fill in the "Bank Credit Card Center"; Transfer to the payee's account and fill in 16-digit credit card; Pay attention to credit card repayment;
2. Enter the card withdrawal password and confirm it;
3. After confirmation, the system will prompt whether the transfer is successful and the transfer amount.
4. Cardholders can use the function of "payment plan" to set the payment date in advance, and online banking will transfer money to the cardholder's credit card or someone else's credit card designated by the cardholder at one time or on a monthly basis according to the cardholder's requirements.
Can credit cards be repaid in advance?
First, credit cards can be repaid in advance after installment. If the cardholder needs to repay in advance, he can call the issuing bank's 24-hour customer service number first, and can repay in advance after applying for termination of installment. When the bank agrees to prepay, it will calculate the amount you will eventually repay, and then include it in the minimum repayment amount of the next bill. If the minimum repayment amount is sufficient, the installment can be terminated early. If you don't apply to the bank for prepayment, but directly return the money to the credit card, it doesn't mean that the debt has been paid off, but that you have deposited the money in the credit card. If the repayment amount exceeds the current period, it becomes overpayment. Not only can you not deduct the arrears, but you also need a handling fee to withdraw the money.
Two, credit card installment prepayment, it should be noted that:
1, early repayment, you need to contact customer service in advance to terminate the installment. If you don't apply for termination of installment, the remaining installment amount will not be recorded at one time, and it will still occupy the amount in the card.
2. The cardholder should be reminded that once the installment application is successful, it is irrevocable. Even if the installment is terminated early, the handling fee for the remaining installments will still be charged.
Three, credit card installment, refers to the cardholder to use the credit card for consumption, because their own quota is not enough. Therefore, the amount is paid by the bank to the merchant in one lump sum. Then, the process of letting the cardholder repay the bank in installments. According to the cardholder's application, the bank deducts the consumption funds by stages through the cardholder's credit card account, and the cardholder repays according to the monthly amount. Banks will charge interest according to different installments, and the interest of different banks in different installments is different. So how do we repay the credit card bill in installments? It depends on the bank. Usually the bank will turn this interest into a handling fee for various reasons to facilitate its collection. There are also different charging methods. Some banks charge fees in full in the first month of installment business, while others charge fees monthly. The handling fee rate of each credit card is different, but it generally follows a principle. Take the credit card of China Merchants Bank as an example. At present, the bank provides 2 to 24 installments, and the corresponding handling fee for each installment ranges from 1.0% to 0.68%. This is also in line with our usual commercial loan principle. However, there is basically no big difference in the installment fee rate of bills above 12. For example, the installment interest rate of 12 is 0.66%, while the installment interest rate of 18 and 24 is 0.68%.
This is the end of the introduction about whether credit cards can repay in advance and why credit cards can't repay in advance. I wonder if you have found the information you need?