Many cardholders pay off their balance as soon as their credit card bill comes out, only to forget to pay it off again, which is equivalent to paying off the loan twice. Moreover, overpaying is equivalent to putting money in a credit card, which can be solved in two ways. Let’s briefly introduce it today.

What should I do if I pay off my credit card twice?

After paying off the card, you can go to mobile banking to check the repayment status. If you repay once more, the records of the two repayments will be displayed. , because the first repayment is offset by the current debt. When there are no other debts on the credit card, the second payment will exist in the form of overpayment.

If there is still consumption after the credit card is paid off, the overpayment will be applied to the next bill balance first, and the remaining money will still become an overpayment, considering that no transactions have occurred on the credit card within 180 days. , overpayment has the risk of forming bad debts, it is best to settle the money, there are two ways:

1. Spend by swiping card

First, clarify the overpayment The payment limit is reached, and then you select products with the same price online to pay, or shop offline. After the payment is successful, the overpayment limit will be used up. For example, if the credit card limit is 5,000 yuan, which contains an overpayment of 200 yuan, and you buy 200 yuan of goods, the overpayment limit becomes 0.

2. Credit card overdraft

That is to say, it can also be solved by converting the overpayment exceeding the credit card limit into cash through the ATM machine of the card issuer branch or at the counter. The key to this problem is that although interest is not charged on credit card overpayments, handling fees are likely to be charged, so it is not cost-effective to swipe the card.