Why can't the credit card pay back the money

There are two main reasons why the credit card can't pay back the money. One is that the amount of the repayment card is not enough, and the other is that the repayment method is wrong. For example, if the repayment is made by transfer, there must be enough money in the bank card used for repayment, and it cannot be returned if the money is not enough. The specific repayment method should be determined according to the card status.

if the credit card status is normal, both of the repayment methods mentioned above can be used. However, if the credit card is frozen or stopped, it can't be repaid through AMT card insertion, but it can be repaid by transfer, through online banking, Alipay, WeChat and other channels, and can be repaid by others.

if the money has not been deposited, the biggest reason may be that the credit card has been written off internally, but the credit card debt is still there. However, the cardholder himself cannot make repayment. He must bring his valid ID card and credit card to the counter of any branch of the issuing bank to make repayment, so that the teller can transfer the account from the bank card or make repayment in cash.

according to article 7 of the measures for the supervision and administration of credit card business of commercial banks, credit cards refer to all kinds of media that record the relevant information of cardholders' accounts, have the functions of bank credit line and overdraft, and provide relevant banking services for cardholders.

The credit card stipulated in the relevant laws of our country (Interpretation of the NPC Standing Committee on the Provisions on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or some functions such as consumer payment, credit loan, transfer settlement, cash deposit and withdrawal. On December 1, 217, the Standard for English Translation and Writing in Public Service Field was officially implemented, stipulating that the English name of the CreditCard standard is Credit Card.

credit card consumption is a non-cash transaction payment method, and it is not necessary to pay cash when spending, and the repayment will be made on the BillingDate.

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards with a certain credit limit within which the cardholder can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the specified credit limit. The credit card generally refers to a credit card.

from January 1, 221, the credit card overdraft interest rate will be determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate will be cancelled (the original upper limit is .7 times of the daily interest rate, and the lower limit is .7 times of the daily interest rate).

On May 25th, 221, the Supreme People promulgated and implemented the Provisions of the Supreme People on Several Issues Concerning the Trial of Civil Cases of Bank Cards.

What happened to the failure of credit card repayment?

1. The bank account information is incorrect

The card holder may have entered the wrong bank account number or name due to carelessness, resulting in the failure of repayment. It is suggested that the cardholder recheck whether the entered bank account information is consistent with your bank account information, and try to repay again.

2. The account status is abnormal

After finding the abnormality, the cardholder needs to contact the bank as soon as possible to verify the status of the bank credit card account. Whether there is freezing, account cancellation, need to activate, etc. For example, if the credit card is overdue for a long time, banks will generally freeze the credit card directly. Therefore, the cardholder will not find this credit card for the time being when repaying. At this time, it is suggested that the cardholder take the initiative to call the banking service hotline to negotiate repayment.

3. The banking system is out of service

It is very likely that the credit card issuer system is busy or in an upgrading state, which will cause repayment failure for a while. At this time, the cardholder can refresh the page and reapply for repayment. If the truth doesn't work, you can choose other repayment methods, such as counter repayment.

Extended information:

Repayment methods

Credit card repayment

Common credit card repayment methods in China mainly include the following categories (according to the level of fees):

Intra-bank repayment

The repayment methods mainly include: counter of issuing bank, ATM, online banking, automatic transfer, telephone banking and so on. After repayment, the credit card limit will be restored immediately, and the money will generally be recorded after being processed by the system on the same day.

mobile phone repayment

the mobile phone is a personal payment terminal in the mobile financial system, which can be used for direct credit card repayment and transfer. Arrive at the account immediately

credit card repayment shows why the repayment failed.

after overdraft consumption with a credit card, it is necessary to pay off the bill before the repayment date, otherwise the credit card will be overdue, which will easily affect your credit information. But if the credit card repayment shows that the repayment failed, what is the reason?

1. The bank system to which the credit card belongs has failed, resulting in the failure of repayment. There is no need to worry about this situation. If the repayment fails, there will be no deduction. If it is overdue, you can explain it to the bank.

2. The problem of network delay will also lead to the failure of credit card repayment.

3. The balance in the debit card or savings card used for credit card repayment is insufficient to support the repayment of the current credit card bill.

The above is the introduction of the reasons why credit card repayment shows repayment failure. I hope it will help friends in need.

Let's stop here for the introduction of why the credit card failed to repay.