Overdue credit cards affect personal credit, so many cardholders repay on time and never overdue. However, a friend of mine received an overdue reminder from the bank despite repaying the loan on time. So why is the normal credit card payment still overdue?

Why are credit card payments overdue even if they are repaid normally?

Credit card payments that are normally repaid but overdue may be caused by the repayment funds not arriving on time, not being deposited in full for repayment, or repayment being deposited into the wrong bank card, etc. In addition, if the bank deducts the payment normally on the repayment date but sends an overdue reminder, there is a possibility that the text message was sent by mistake. It is recommended to call the customer service hotline of the card issuer to report the problem.

Whether a credit card is repaid on time depends on whether the funds are debited by the card issuer in a timely manner. When repaying money across banks or third-party platforms, if the funds do not arrive on time, the card-issuing bank will fail to deduct the money. The repayment has been credited to the bank card, but if the full amount is not deposited for repayment, the card issuer will still fail to deduct the payment. If you deposit sufficient funds but deposit into the wrong bank card, failure of the card issuing bank to deduct the money will also lead to overdue payment. It is recommended that cardholders make repayments 1-2 days in advance and check whether the credit card limit has been restored on the repayment date.