If there are multiple deposits (overpayments) that exceed the credit limit on a credit card, you can handle them through the following methods:
1. It is recommended to directly use the card to consume the overpayments to avoid Incur unnecessary expenses.
2. You can transfer money to your Minsheng debit card through Minsheng Bank mobile banking, online banking, ATM, and counter;
3. You can withdraw it in cash through ATM machines, but it will Due to the limit on the number and amount of cash withdrawals per card per day by credit card, the Minsheng Bank channel is free of handling fees, and there is a handling fee of RMB 1 for inter-bank transactions, with a minimum of RMB 1 yuan. Extended information
Overpayment can increase the available limit of your credit card or be used directly for consumption repayment. If there is an overpayment on the credit card, the overpayment will be deducted first and then the credit limit. If the overpayment is greater than the consumption amount, there will be no overdraft. No interest is accrued on overpayment.
If you withdraw money from an ATM machine with "overpayment", you will still be charged a cash withdrawal fee according to the credit card cash withdrawal standards. In this case, it is recommended that the cardholder transfer the overpayment on the credit card to a debit card of the same name in any bank, and then withdraw cash from the debit card. This reduces handling fees.
In fact, banks do not encourage cardholders to charge money to their credit cards because credit cards adopt a consumption-first-repayment model. Therefore, the bank stipulates that a certain handling fee will be charged for overpayment withdrawal. At the same time, the handling fees for cash withdrawals from credit card overpayments vary from bank to bank.
There is no benefit to "recharging" your credit card in advance and then spending. If the cardholder wants to increase a certain credit limit, he or she can apply for a temporary limit from the bank's customer service center. There is no need to rely on "overpayment" to increase spending power.
Baidu Encyclopedia-Overpayment