We all know that when the credit card statement comes out, the total amount owed and the minimum repayment amount will be displayed. Generally, if you pay the minimum repayment amount, it will not be overdue. However, some cardholders have encountered such a situation. The credit card clearly has a balance, but the minimum repayment is shown as 0 yuan. So what does this mean? Today I will talk about what it means to have a minimum credit card repayment of 0 yuan.

In fact, a minimum repayment of 0 yuan is equivalent to no debt, which means that there is no need to repay and it will not be overdue. Generally caused by the following situations:

1. Refund to offset the debt:

Many cardholders use credit cards to pay, such as shopping on Taobao, and are not satisfied with the purchased goods. If you are satisfied, you apply for a refund. If the refund arrives before the billing date, the outstanding balance will be deducted, and naturally there will be no need to repay, so the minimum credit card repayment will be 0 yuan.

2. Apply for bill installments:

Some cardholders have not owed any debts on their credit cards before. When the current bill comes out, they will pay the entire amount in installments because they can be installed in 100 installments. After the installment, the minimum repayment will be shown as 0 yuan. You don’t need to repay this period. You will have to repay it after the bill comes out next month.

3. Pay off the balance before the bill date:

Some cardholders like to make 0 bills to reduce the debt ratio, so after overdrafting the credit card, they rush to pay the bill in the current period. Pay off the balance before you come out. After the bill comes out, the total amount owed and the minimum payment amount will be 0, so you don't have to pay back, and then slowly pay out the money you paid in.

The above is the question I introduced to you about "What does the minimum credit card repayment of 0 yuan mean?" about Jintou Credit Card. For more banking knowledge, please pay attention to Jintou Credit Card! If you feel that the above introduction does not solve your doubts well, then the best way is to call the card issuing bank to consult the manual customer service, and then understand what is going on with the help of the customer service.

Do you still need to pay off the credit card if the minimum payment is 0 yuan? You can try this!

We all know that if you wait until the bill comes out after overdrafting your credit card, it will not be considered overdue as long as the minimum repayment amount is paid. However, some cardholders' credit card statements clearly show the amount that should be repaid, but the minimum repayment amount is 0 yuan. In this case, do you still have to repay? Will it be overdue if I don't pay it back?

Earlier, I introduced in "What does the minimum credit card repayment of 0 yuan mean"? There are three situations where the minimum credit card repayment of 0 yuan can occur, and in each case, you can not repay, so You don’t have to worry about overdue payments if you don’t repay. After all, our repayments are based on the bill amount of each period.

Here is a simple example:

Suppose the repayment amount of card friend Xiao Li’s credit card bill in February is 2,000 yuan, and the minimum repayment amount is 200 yuan. There has been no previous payment. For the debt, he divided the 2,000 yuan into 6 installments before the final payment date. After the application was successful, he received a text message from the bank and found that the minimum repayment amount had become 0, which meant that he did not need to repay the debt in February. He would wait until the March bill came out before starting to pay the down payment. Installments and handling fees.

Although the minimum repayment of 0 yuan in the above situation does not require repayment, I have also heard of some special situations where automatic repayment is activated but the debit card is bound. If there is no money in the account and automatic deduction is not possible, the minimum repayment amount will be displayed as 0 yuan. In this case, repayment may be required.

If you really don’t know whether you need to repay, for the sake of insurance, it is best to call the customer service number of the card issuer and ask the customer service to help check the actual arrears this month, and then decide whether to repay. . Finally, I hope my introduction can help everyone. If you have different opinions, please feel free to communicate with me.