Yes, it will be deducted automatically on the billing date.

Once the credit card owes too much, how to repay it correctly can keep its reputation:

First, the installment interest of credit card consumption is very high, sometimes even higher than the loan from the bank, and once it is installment, the prepayment fee will still be charged, so don't divide it if you can. If we must divide it, then we should also treat it in two situations:

One is that the longer the credit card is divided, the higher the cost. Here, the author takes a credit card installment rate as an example. The rate table is as follows:

3 installments: 1.8%; ?

phase 6: 3.6%; ?

12 periods: 7.2%; ?

18 periods: 1.8%; ?

p>24th installment: 14.4%

Suppose we spend 1, yuan on our credit card, and plan to divide it into 12 installments, and adopt the method of fee sharing, then our expenses will be 1,8 yuan. If we divide it into 24 installments, the expenses will be as high as 1,44 yuan.

But this rate is not high. In some banks, the total handling fee for a single credit card will reach more than 2, in two years. So imagine that what you spend is 2, or 3, ... How much should the bank eat you? In this case, you can score as little as possible.

another way is that after a certain number of periods, the rates will be the same. Most of what the author has contacted is that the rates will be the same after 12 periods, so here we take 12 periods as an example. I wonder if there are any other situations.

at this time, if you have less than 12 installments, you will have expected risks, or your life will be affected, so for the insurance period, you can divide it into more installments, so divide it into more installments. Therefore, if you overdraw, don't choose to repay your credit card by installments as much as possible. It's best to support your friends and relatives or pay it back slowly by legal means.

two: if you are not a pickpocket, once you pay in installments, don't repay in advance. No matter whether you pay back on time or you are well off, the bank will not refund your handling fee. That is, if you want to repay in advance, then fine, the handling fee will be settled in one lump sum. Therefore, in order to improve the utilization rate of funds, prepayment is a very unwise decision.

3. Skills to keep credit standing and repay large credit cards

Multi-card complementary method: How many cards are reversed back and forth, so long as the final repayment date is set scientifically, the money you really need to repay every month can even be equal to zero

Reference link? Baidu encyclopedia credit card