How to use a credit card backwards?

If you want to exchange cards, just remember the repayment date of each card. Before the repayment date, you can freely use one of them to pour out the credit and return it to other cards. After paying off one card, you can repay the other one. This needs to be completed before the repayment date.

How to transfer money from a credit card to a bank card

To transfer money from a credit card to a bank card, you need to consider the following two situations. The situations are as follows:

1. When the user's money is stored in the credit card and the amount exceeds all the outstanding balances in the account, this money is called overpayment, which can be used to offset subsequent credit card consumption, or can be transferred to other bank cards. However, a handling fee will be charged when transferring out. Taking the Agricultural Bank of China as an example, the handling fee is 1 yuan of the amount withdrawn, with a minimum of 1 yuan per transaction.

2. There is no money deposited in the credit card. Now there is only a limit. At this time, the limit can only be converted into cash by applying for a cash advance, and then withdrawn to other bank cards, but the cash advance Handling fees and interest will be charged. For example, Agricultural Bank of China charges a handling fee of 1 transaction amount for cash withdrawals at the bank. Interest is calculated on a daily basis and the daily interest rate is 0.05.

Notes on credit card transfers:

Usually credit cards have a fixed limit and a cash withdrawal limit, and the cash withdrawal limit is configured according to 50 of the credit card limit.

For credit card overdraft withdrawals, in addition to the cash withdrawal handling fee (0.5 of the cash withdrawal amount, at least 2 yuan), starting from the day of withdrawal, an interest of 0.5% of the cash amount will be charged every day. The card can withdraw up to 2,000 yuan, and the cumulative cash withdrawals shall not exceed half of the credit card limit.

When many banks provide cash advances, they can only withdraw the cash to the bank card that goes with the credit card, so it is best for users to prepare a debit card that goes with the user's credit card in advance.

There is no interest-free period for credit card cash advances. Users need to pay interest at a daily interest rate of 0.05 from the day of the advance. The maximum credit card cash advance limit is 50 of the total amount. If the credit card balance is If the usable quota is less than 50, you can only withdraw the remaining quota.

How to charge back a credit card? Ask God for help.

If you want to exchange cards, just remember the repayment date of each card. Before the repayment date, you can use one of them to transfer the amount to repay other cards. After paying off one card before paying off another card, the operation must be completed before the repayment date. First choose a card with a close repayment date to repay.

For example, I have three credit cards from Guangda Bank, China Construction Bank and Guangfa. The repayment dates are the 14th, 18th and 23rd respectively. Today is the 14th. Since Everbright's repayment date is approaching, we should start by paying back Everbright, pour out the amounts from other cards and pay back, and then pay back Jianshe and Guangfa in sequence. Just make the repayments as per each card's bill.

It should be noted that during the operation, try not to clear every card, and try to keep a quota of more than 20. One card should have to be swiped out multiple times before returning other cards. The amount of each card swipe shall not exceed 50% of the total amount to avoid risk control.

Card friends can effectively extend the repayment period of their credit cards by doing this. However, the money after overdraft must be paid back, so you must spend rationally and try to control it within your repayment ability

What is the principle of credit card reversal?

When the credit card bill comes out, you only need to pay off the balance between the repayment dates without incurring overdue fees or other charges. So the first reaction of many people is that they don’t have the money to pay it off in one go. In fact, many of us operate like this: the 1st is the bill date, and the 16th is the final repayment date. Then, starting from the 2nd, I will first pay back 5,000 and then withdraw it; on the 3rd, I will pay another 5,000 and then withdraw it. At this time, your 100,000 bill only has 90,000 left, because the bank calculates the repayment based on the cumulative repayment amount of this cycle, rather than requiring you to repay it all at once, which gives us a lot of room to operate. Pay off all debt with the minimum amount.

Things you need to pay attention to when transferring cards:

1. When the funds are still there, do not withdraw them immediately. It is best to refresh the page every 2 hours or more, which is suitable for small and diversified businesses.

2. Merchants usually use: catering, department stores, beauty, hotels, bars, entertainment, clothing, etc., but never use building materials, wholesale, jewelry, auto parts. The risks of these industries are controlled by banks. You're operating card reversals, so it's easy to reduce the amount of risk control.

3. If the billing dates between multiple cards are close, call customer service to apply to modify the billing date. First ensure the fund chain, and then consider whether the impact will affect withdrawals. 7 days between settlement dates is ideal.

4. Card merchants choose standard rates. If there are additional fees, hundreds of cards must be swiped every year, which will add hundreds of thousands in fees.

That’s it for the introduction of how to pour money with a credit card.