How to pay off credit card repayments?

There are three specific repayment methods:

1. You can use Alipay’s automatic deduction function to deposit funds to Alipay in advance. The system will automatically debit a few days before the credit card repayment date. Debit to credit card for repayment.

2. You can log in to the official website of the bank where the credit card account is opened, select Personal Business-Credit Card Repayment Settings, and use our bank's debit card to repay.

3. Deposit into your credit card account through bank branches or cash machines and it will be automatically deducted.

Credit card repayment

Introduction:

Credit card repayment refers to when the cardholder’s credit card consumption reaches the final repayment date, in order to ensure that the cardholder With a good credit record, the repayment amount will be brushed out and the funds will be returned to the bank. Although the biggest feature of a credit card is its overdraft function, it actually constitutes a loan relationship between the customer and the bank. Failure to repay when due may not only result in legal consequences, but also bear high penalties and interest, and most importantly, may cause Bad records.

Repayment process:

1. Log in to the ATM repayment homepage of the account opening bank and click on credit card repayment;

2. Fill in the credit card repayment information: follow the prompts , select the credit card issuing bank, enter credit, cardholder name, monthly repayment date, repayment amount and contact information and confirm;

4. Complete the payment in the transfer-out debit card online banking: follow Tip, use other bank’s debit card to complete the payment through online banking;

5. The repayment is completed, the transaction is inquired, and the receipt is printed.

How to repay a credit card

The credit card repayment method is as follows:

1. Repayment at the bank counter: Go to the counter of the issuing bank of the credit card to make repayment and inform Bank tellers can make repayments by credit card, but you need to prepare cash;

2. ATM repayment: go to the ATM machine of the credit card issuing bank to perform savings operations, and you need to prepare sufficient cash;

3. Online bank repayment: Find a savings card with a sufficient balance and online banking, and transfer the money to the credit card account with the same bank or across banks for repayment. A small service fee will be deducted for the inter-bank transfer operation;

4. Associated savings card repayment: Generally, when applying for a credit card, bank staff will ask if they can apply for a savings card from the same company, associate the savings card with the credit card, and set the deduction date. As long as the savings card has sufficient assets, the bank will automatically start from Transfer money from your debit card to pay off your credit card, so you don't have to worry about overdue credit card repayments.

Notes on credit card installment payments:

1. Before taking an installment loan, you must read the contract clearly, especially the interest and default clauses;

2. Pay attention to the contract Some of the services here are optional and you can choose according to your own situation;

3. The installment fee is often directly related to the number of phases, so you should choose the most appropriate number of phases according to your own situation;

4. Remember the monthly repayment date clearly to avoid liquidated damages or bad credit records due to overdue repayment;

5. See clearly the conditions for early repayment and understand the fees and charges in advance. calculate.

How to repay the credit card every month? Pay attention to these three repayment methods

We all know that after swiping a credit card for consumption, as soon as the monthly bill comes out, the balance must be paid off before the last payment date, otherwise the payment will be late or less. The repayment may be overdue. There are many ways to repay credit cards, and you must pay attention to three of them, otherwise you will easily get into trouble if you use them improperly. Let’s learn about them together.

How to repay the credit card every month?

The monthly repayment of a credit card is actually very simple. First of all, you need to understand the final repayment time for this month's consumption. After all, different credit card swiping times determine the repayment time.

If the card is swiped for consumption before the bill date, the consumption amount will be included in the bill amount of the current period and needs to be repaid before the last payment date of this month; if the card is swiped after the bill date, the amount will be paid next Monthly bills will be repaid next month.

As for how to repay, you can repay through online banking, Alipay, etc., or you can bind a debit card to activate the automatic repayment function to repay, but make sure that your repayment amount is not less than The minimum repayment amount for the current bill is of course good if you can afford to repay it in full.

However, there are three pitfalls for credit card repayment:

1. Automatic repayment that is easily overdue:

You may say to enable automatic repayment The purpose is to avoid forgetting the repayment time and causing overdue payment. Why is it also overdue? This is easy to understand. Although activating automatic repayment will deduct money from your bound repayment debit card, the premise is that your card has enough deducted money, otherwise the deduction will fail. If you take the initiative to repay the loan, it will naturally be overdue.

2. Overpayment without interest:

The so-called overpayment means that you paid more money when repaying. For example, if your bill amount is 2,000 yuan, you pay I paid back 2,100 yuan. Although paying more can avoid overdue payments, a credit card is not like a debit card. Not only will the extra money you pay off not generate interest, but you may also be charged for taking it out, which is a bit tricky.

3. Minimum repayment amount for interest compounding:

Many cardholders do not have the ability to repay the full amount. When they see that the minimum repayment amount is 10% of the bill amount, they think This repayment method pays the least amount, so there is no need to think about paying the minimum repayment amount. But you will be surprised when the bill comes out next month. In addition to the principal, there is also interest, and the interest is calculated on the full amount from the day of consumption at a daily interest rate of 0.5%. If you frequently pay the minimum repayment amount, interest compounding will become serious, and sooner or later the loan will be overdue.

Summary: After reading the above introduction to "How to repay a credit card every month", everyone should know how to repay a credit card. When repaying, you must avoid three types of deceptive repayments. The best way is to repay as much as you owe, and when you cannot repay in full, it is best to apply for bill installments, so that you can enjoy the interest-free period as usual and reduce the pressure of repayment.

How to repay by credit card

Method 1: Repay via third-party payment platform

Different platforms and different banks have different charges.

Advantages: Various and simple repayment methods, with a large space for choice;

Disadvantages: The account may not be received in time, and there are account security issues; in addition, many third-party repayment methods Repayment is not supported.

Method 2: Automatic repayment

Automatic repayment of credit cards is generally done by binding a bank debit card and activating the automatic repayment function, so that on the last credit card repayment date of each month Previously, banks would automatically transfer money from debit cards to credit card accounts. There are two automatic repayment methods: full repayment and minimum repayment. Cardholders can choose according to their own needs.

Advantages: Timely repayment is possible, and cardholders do not need to worry about repayment every month.

Disadvantages: If there are insufficient funds on the debit card, the repayment will fail and various overdue fees will be incurred.

Method 3: Online banking repayment

For online banking repayment, the cardholder only needs to turn on the computer and log in to the bank account to repay. However, it should be noted that different repayment banks have different charging standards and specific payment arrival times.

Advantages: Simple and hassle-free, no need to go to the bank counter, only computer network required to repay the loan

Disadvantages: There are security issues such as password leakage and account theft; in addition, there is a charge A certain handling fee

Method 4: Mobile repayment

Mobile repayment is divided into mobile banking repayment and telephone repayment. For mobile banking repayment, as long as you make sure you have a debit card with sufficient balance, you can log in to mobile banking via your mobile phone and transfer funds to credit cards of the same person or across banks. Currently, mobile banking transfers from the five major banks are free of fees.

In addition, telephone repayment is completed by calling the customer service hotline of each bank to complete the repayment of the credit card. However, when making a phone repayment, cardholders usually have to go to the bank counter to bind their debit card, otherwise the bank does not support the phone repayment method.

Advantages: Repay at any time, more convenient; low risk;

Disadvantages: You need to activate the mobile repayment function at the counter first;

Method 5: Repay at an outlet Repayment

Going to the bank counter to repay is the most conservative method of repayment, and it can be credited to your account in real time. In addition to this, many cardholders also choose ATM machines to repay. ATMs are more convenient than counter repayments in terms of time, but the control of the amount is less accurate than counter repayments. Generally, more cash needs to be deposited than the repayment amount. If the repayment is made across banks, not only do you have to pay a certain inter-bank transfer fee, but you also cannot receive it in real time.

Advantages: The most direct, safe and relatively timely.

Disadvantages: time-consuming, energy-consuming, and subject to many restrictions on bank business hours, branches, etc. If the repayment is made across banks, not only do you have to pay a certain inter-bank transfer fee, but you also cannot receive it in real time.

How to pay off a credit card?

You can handle credit card repayment through the following channels:

1. Palm Bank: Please log in to the Palm Bank APP and click "Credit Card → Repayment" on the homepage to make your own Agricultural Bank of China credit card payment , repay other people's Agricultural Bank of China credit cards; click "Credit Card → Repayment → Set Agreed Repayment" to apply for automatic repayment of your own Agricultural Bank of China credit card debt.

2. Online banking: Please log in to personal online banking, click "Credit Card → Repayment → One-click Repayment" to repay your Agricultural Bank of China credit card debt; click "Credit Card → Repayment → Agreed Repayment", You can apply for automatic repayment of your own Agricultural Bank of China credit card debt; click "Credit Card → Repayment → Repay Other People's Cards" to repay other people's Agricultural Bank of China credit card debt.

Warm reminder: If you need to repay credit cards from other banks, you can do so through "transfer".

(Answer time: June 25, 2021. In case of business changes, please refer to the actual situation.)

That’s it for the introduction of how to repay the monthly credit card repayments.