The overpayment of credit card repayment belongs to overpayment, and there is no interest, which will automatically deduct the future credit card consumption.
The so-called overpayment refers to the excessive payment of funds by credit card customers or the funds deposited in credit card accounts, and a certain fee must be paid to take out the overpayment. This money can increase the limit of available credit cards, or be directly used for consumer repayment. If the credit card has overpayment, the overpayment shall be deducted first, and then the credit line shall be deducted. If the overpayment is greater than the consumption amount, there will be no overdraft.
The overpayment can be directly withdrawn for consumption, or it can be used to refund the next bill. There is no interest on overpayments deposited in credit cards. As long as the user is still using the credit card, the overpayment will be deducted first when swiping the card.
Moreover, if users choose to pay more for cash withdrawal, some banks need to pay a handling fee for paying more, which is not cost-effective for users.