What should I do if I have too much money in my credit card?
When the repayment amount on a credit card is greater than the amount owed, the extra part will be displayed as a negative number, which is the so-called overpayment. . 1. The overpayment is accumulated on the credit limit, and this portion will be occupied first the next time you consume; 2. When you withdraw the overpayment, you may need to pay a handling fee; when you withdraw the overpayment from China Merchants Credit Card, you need to pay a handling fee, which is generally 1/transaction, minimum 10 yuan/transaction, some banks do not require handling fees.
There are three ways to solve the problem: 1. Call the customer service hotline of the credit card center or go to the branch counter to transfer the extra money to the debit card. Our bank's charging standard is 3. (minimum 5 yuan), customer service hotline transfers arrive in 3 working days, and counter transfers arrive in time; 2. For cash withdrawals through ATM machines and counters, our bank's handling fee is 3, and the daily limit is within 2,000 yuan; 3. Such as credit card After opening online banking, you can transfer money to other banks' debit cards through online banking. Our bank's handling fee is 1.5.
1. 1. If there is a UnionPay logo on a current domestic credit card, it means that the card has joined the China UnionPay organization. Cardholders can withdraw cash at any ATM machine with a UnionPay logo. 2. Overseas, except Hong Kong, Macao and Taiwan. In many countries outside the country, the UnionPay system is not widely used, so most overseas cash withdrawals need to go through the channels of international card organizations. This depends on whether the card you hold is an international card. To identify international cards, it is easy to just look at the credit card except In addition to UnionPay, is there any logo of a credit card organization such as Visa or Master?
2. Main methods 1. Regarding the credit card cash withdrawal method, the cardholder only needs to log in to the bank’s credit card online banking, select the cash advance function, and then follow the prompts. The cash borrowed from the credit card can be withdrawn directly. It is relatively easy to access your personal debit card account. 2. Telephone cash advance means calling the bank's credit card customer service hotline and following the voice prompts to transfer the cash advance into your personal debit card account.
3. Main handling fees 1. Cash advance handling fee: Most banks have set a minimum handling fee. Cardholders should pay more attention before withdrawing cash. Interest rate of 50% per day. 2. Domestic cash advance handling fees of major banks: Industrial and Commercial Bank of China has no handling fee. China Everbright Bank charges 2.5 yuan of the cash withdrawal amount, with a minimum charge of 3 yuan, and a maximum of 200 yuan. Agricultural Bank of China charges 1 yuan of the transaction amount, with a minimum of 1 yuan. China Construction Bank The minimum cash withdrawal amount is RMB 10 and the maximum is RMB 500. Bank of China’s local bank has no handling fee. China Merchants Bank’s cash advance loan has a minimum charge of RMB 10 (the first transaction fee for city series credit cards is free). The Bank of Communications’ transaction amount is RMB 1. The minimum fee is RMB 5 per transaction (new standard), 2.5 of the transaction amount of Ping An Bank, the minimum fee of RMB 25 for each transaction, 0.5 of the cash withdrawal amount of Minsheng Bank, the minimum fee of RMB 1, 2 for Industrial Bank's cash advance, and the minimum fee is RMB 20 CITIC Bank charges 3 yuan for cash advance, the minimum fee is 30 yuan for the cash withdrawal amount of Shanghai Pudong Development Bank, the minimum fee is 2.5 yuan for the cash withdrawal amount of Guangfa Bank, the minimum fee is 30 yuan, and the minimum fee is 10 yuan.
What should I do if I have too much money in my Bank of China credit card?
The credit balance refers to the overpayment in the cardholder's card account, that is, the excess deposit. The credit balance cannot be used for installment payment and can be withdrawn through the Bank of China counter or ATM machine. There is no handling fee for withdrawal at the Bank of China card counter. If you withdraw money at an ATM machine, a cash withdrawal fee will be charged by default but no interest will be charged. There is no charge for local withdrawal of Great Wall Card. Cash withdrawal fees will be charged, and no interest will be charged for withdrawing excess deposits; for specific charging standards, you can call the Bank of China Credit Card Customer Service Hotline 4006695566 for detailed inquiries.
The above content is for your reference, please refer to actual business regulations.
What to do with the overpayment on your credit card
There are three ways to deal with the overpayment on your credit card:
1. Consumption.
If the amount is not large, you can wait until it is within the credit card limit. Then the amount of the excess payment will be consumed first when you make a purchase next time.
2. Withdraw cash.
General credit card cash withdrawals will incur handling fees and interest. However, overpayments are excluded.
The extra money deposited by credit card can be withdrawn at the counter without paying any handling fees. However, in accordance with the principles of credit card accounting and risk management, you must generally bring your ID card to process the deposit the next day or later.
But everyone needs to pay attention to the regulations on the use of credit cards. ATM machine withdrawals basically charge a cash withdrawal fee. The usual standard is 0.5 of the cash withdrawal amount, with a minimum of 5 yuan. The handling fees for overseas cash withdrawals are higher, depending on the bank.
If you withdraw money from an ATM machine with "overpayment", you will still be charged a cash withdrawal fee according to the credit card cash withdrawal standards. In this case, the cardholder can transfer the overpayment on the credit card to a debit card of the same name in any bank and then withdraw cash, which can reduce the handling fee.
3. Cash transfer.
Overpayments can be transferred directly to the bank card in your name at the counter or at the prescribed self-service equipment. This is also free of charge.
From these three solutions, it is recommended that if you really have an overpayment, it is recommended to use it directly through consumption. In addition to requiring certain procedures to withdraw cash, there may also be charges. The situation is like some banks charging fees for withdrawing cash from POS machines, so the gain outweighs the loss.
Excess deposit, also known as credit card's own deposit, refers to the "excess" money deposited by the cardholder when the credit card is not overdrafted.
After recharging a credit card, there may be an "over-deposit" on the credit card, which is equal to the total deposit amount minus the amount owed in the issued bill. Most card-issuing banks will treat cardholders' withdrawals from their own deposits as overdrafts and charge a certain fee.
Most banks charge a handling fee ratio for withdrawing excess deposits ranging from 0.3 to 3, and the minimum charging standards also range from a minimum of 1 yuan or 2 yuan to 10 yuan or 30 yuan. Only Guangfa Bank credit cards offer free withdrawal of excess deposits.
What to do with the over-deposited money on the credit card
1. How to transfer the over-deposited amount on the credit card?
There are two ways to transfer the excess credit card balance.
One is to directly handle the cash advance business through the issuing bank's credit card APP or online banking, etc., follow the prompts to enter the transfer amount, and provide the bank card account to be paid.
One is to call the customer service number of the card issuing bank and be transferred to a manual customer service, telling them that the excess money can be transferred, and providing the bank card account to receive the payment, so that the customer service can help transfer the money.
2. Notes on transferring out the excess credit card amount:
1) Transferring out the excess credit card amount is essentially an overpayment transfer, and it must be based on the credit card cash advance business. When it comes to charging handling fees, most banks charge 0.5 of the transfer amount per transaction, with a minimum of 5 yuan and a maximum of 50 yuan. However, there are also some card types that charge monthly cash advances for free.
2) When transferring the excess credit card amount, most banks can only transfer it to the savings card in your own name, and cannot transfer it to other people's bank cards;
3) Credit card The excess deposit amount is transferred out, and the arrival time is subject to the payment behavior. If you want to get the account quickly, it is best to provide a debit card in your own name in the bank. After all, intra-bank transfers are very fast, usually the fastest. Can be credited in real time.
To sum up, there are two ways to transfer the excess credit card amount, but before transferring, you must understand clearly the handling fees involved in the transfer and the arrival time. If you find it troublesome, it is recommended to spend the excess amount directly by swiping your card.
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.
Main Features
Pre-deposit of cash is not encouraged. Spend first and repay later. Enjoy an interest-free repayment period. You can repay in installments (with a minimum repayment amount). Join VISA, International credit card organizations such as MasterCard and JCB are used globally.
It is one of the fastest growing financial services today and is an electronic currency that can replace traditional cash circulation to a certain extent.
Has both payment and credit functions. Cardholders can use it to purchase goods or enjoy services, and can also obtain certain loans from card issuers by using their credit cards.
It is a high-tech product integrating financial business and computer technology.
Can reduce the use of cash currency.
It can provide settlement services to facilitate shopping and consumption and enhance a sense of security.
It can simplify the collection procedures and save social labor.
Can promote product sales and social demand.
Repayment methods
The methods within the card-issuing bank 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.
Weiyintong POS mobile phone and Weiyintong POS mobile phone are a mobile financial system personal payment terminals that can be used to directly repay by swiping cards, as well as perform transfers and other services. Instant payment!
Transfer/remittance repayment is mainly divided into two methods: inter-bank inter-bank in the same city and inter-bank inter-bank in different places. Regardless of the method of transfer or remittance, the remittance bank will charge a certain fee. At the same time, the time it takes for the money to arrive and the convenience of repayment are not as good as intra-peer repayment, online repayment, convenience store repayment and other methods.
The more common domestic online platforms for online repayment include: UnionPay Online, Kuaiqian, Shengfutong, Alipay, Tenpay, etc. Depending on the platform and bank you choose, the charging standards and specific payment arrival time will be different.
This method of convenience store repayment is mainly completed through the "Lakala" smart payment terminal installed in the convenience store. Generally, the payment time takes 2 to 3 working days. At the same time, using this There is no handling fee for repayment.
Counter repayment counter refers to bank cards issued by various networked financial institutions, which can be used to conduct RMB current deposit and withdrawal transactions through the counters of other bank branches registered in the UnionPay exchange center host system.
The "Xinpaytong" smart credit card phone for repayment is an innovative electronic product independently developed by China UnionPay, certified by the Bank Card Testing Center, and supported by financial services provided by China UnionPay's inter-bank information exchange network.
Repayment Tong uses "Repayment Tong" to repay, and the fees are generally charged according to the fee standards for intra-city inter-bank transfers and long-distance inter-bank remittances stipulated by the local People's Bank of China.
Other methods In addition to the methods mentioned above, card issuers have also opened their own unique repayment methods in order to facilitate cardholders' repayment.
Can I withdraw the extra money I put into my credit card?
Can I withdraw the extra money I put into my credit card?
The extra money on a credit card is called overpayment, which means there is still funds left on the card after all the credit card repayments have been offset. If the cardholder wants to withdraw the overpayment from the credit card, the card-issuing bank will charge a certain handling fee, and the overpayment funds will be transferred to the bank's account in the same city without any handling fee.
If the cardholder does not want to use the overpayment for consumption, he can go to the card issuing bank counter or ATM machine to withdraw the overpayment, or he can transfer the overpayment through mobile banking or online banking. . Cardholders can choose the appropriate method to withdraw the excess payment according to the actual situation.
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.
1. Repay on time
Do not repay overdue payments. Overdue repayments will only lower your credit and cause credit problems, making it difficult to get loans in the future. .
2. Increase your credit limit
You must use the correct method to increase your credit card limit. Only by maintaining good credit will the bank give you a higher limit. The higher limit depends on holding the card. A person's credit score and card usage status will gradually improve.
3. Swipe your card more
If you swipe your card more, the bank will think that your consumption needs are high, but don’t spend large amounts frequently. Frequent large-amount purchases will make the bank pay attention to you and treat you. Credit card for risk control.
So you should also pay attention when using your credit card, and you can also make appropriate installments, which will also help increase the limit.
4. Control consumption
Use credit cards according to your own financial situation, otherwise you will not be able to repay in full, which will only affect you.
5. Don’t apply for a card temporarily
It is easiest to apply for a credit card when you are financially capable. Once you have too much debt or there are problems with your credit report, the bank will basically It won't be approved online. Get a card early and get a card early.
6. Withdrawing cash
Withdrawing cash with a credit card is like borrowing money from a bank. The interest is calculated on a daily basis. The interest generated is also very high, so do not withdraw cash as a last resort.
7. Points exchange for gifts
In order to encourage cardholders to use their cards, banks have the gift of points. The bank will accumulate points based on the cardholder's consumption amount.
Points can be exchanged for various gifts or cash.
8. Minimum repayment
Try to use the minimum repayment as little as possible. After the minimum repayment of the credit card, the unpaid portion will continue to accrue interest. Over time, the balance will be owed. There will be more and more.
Use your credit card rationally, repay it on time, and maintain a good card usage record, and your credit limit will naturally increase.
That’s it for the introduction of what to do if you save too much money on your credit card.