;? There are many ways to repay credit cards, including but not limited to online banking, third-party payment platforms, ATM machine repayments, etc. If you are afraid of forgetting the repayment time, you can activate the automatic repayment function of your credit card Repayment. However, automatic repayment of credit cards is not a panacea. Many cardholders said that they have clearly set up automatic repayment, but they are still overdue. So, what's going on? Let’s find out together.

1. How to set up automatic credit card repayment. You need to bind a debit card. You can bind your debit card through channels such as branch counters, online banking, mobile banking, and credit card customer service hotlines. The debit card is used as the agreed repayment account of the credit card, and the bank will automatically deduct the repayment amount from the debit card before the end of the final payment date. It should be noted that the debit card bound to automatic repayment must be a debit card in my own name and cannot be bound to someone else’s debit card. In addition, some banks stipulate that it must be their own debit card, but some banks You can bind a debit card from another bank. Be sure to understand the bank's automatic repayment regulations before binding the card.

2. When will automatic deductions for credit card repayments occur? Each bank’s credit card automatic deduction time is different, most of which are on the last repayment date or the next day. For example, China Construction Bank automatically deducts money from the account on the day after the due repayment date, while Minsheng Bank deducts the money on the due repayment date and the next day; Bank of Communications deducts the money on the due repayment day and twice. There are two types of deductions. The deduction on the due repayment date is the deduction on the same day. The double deduction is the deduction on the 7th day after the bill date. If the deduction fails, the deduction will be made again on the repayment date. I don’t know exactly when the payment will be deducted.

3. Why automatic credit card repayments are overdue 1. The balance in the savings card is not enough: the debit card bound for repayment does not have enough deducted money, so the deduction cannot be successful. Of course it will be overdue. 2. Exceeding the automatic repayment limit: The bound debit card is a debit card of the same bank and there is no repayment limit, but the bound debit card of another bank will have a limit for automatic repayment, which is generally a single repayment limit. , if the repayment limit is exceeded, automatic repayment will not be possible. 3. Foreign currency consumption and foreign currency credit: Some bank cards are dual-currency cards. If you use a foreign currency account to consume, foreign currency will be credited into the account. You cannot repay in RMB, and the cardholder needs to manually perform foreign currency repayment. The above is the relevant introduction to "Why do credit card automatic repayments become overdue?" Generally, overdue automatic repayments are mostly caused by failed deductions, so everyone must pay attention to whether the deduction is successful. If the deduction fails, it is best to do it manually. Repayment. It should be noted that most banks have a 3-day grace period. As long as your repayment time is within the grace period, it will not be overdue.