Can I deposit money with a credit card?

Credit cards can be used to deposit money, but there is no interest, and there may be a handling fee when you take it out. Money stored in credit cards is called overpayment. So credit cards and savings cards must be distinguished. Moreover, if we don't use the money in the credit card for a long time, it will cause bad debts and affect our personal credit.

according to article 7 of the measures for the supervision and administration of credit card business of commercial banks, credit cards refer to all kinds of media that record the relevant information of cardholders' accounts, have the functions of bank credit line and overdraft, and provide relevant banking services for cardholders.

The credit card stipulated in the relevant laws of our country (Interpretation of the NPC Standing Committee on the Provisions on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or some functions such as consumer payment, credit loan, transfer settlement, cash deposit and withdrawal. On December 1, 217, the Standard for English Translation and Writing in Public Service Field was officially implemented, stipulating that the English name of the CreditCard standard is Credit Card.

credit card consumption is a non-cash transaction payment method, and it is not necessary to pay cash when spending, and the repayment will be made on the BillingDate.

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards with a certain credit limit within which the cardholder can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the specified credit limit. The credit card generally refers to a credit card.

from January 1, 221, the credit card overdraft interest rate will be determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate will be cancelled (the original upper limit is .7 times of the daily interest rate, and the lower limit is .7 times of the daily interest rate).

On May 25th, 221, the Supreme People promulgated and implemented the Provisions of the Supreme People on Several Issues Concerning the Trial of Civil Cases of Bank Cards

Interpretation

According to Article 7 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks, a credit card refers to various media that record the relevant information of the cardholder's account, have the function of bank credit line and overdraft, and provide relevant banking services for the cardholder.

can I deposit money in my credit card?

yes.

Credit cards are used for borrow money to spend, and savings cards are used for saving money.

you can deposit. if you deposit too much, it is called "overpayment", but it can also be used for credit card consumption.

Credit cards can deposit money, but the following points should be noted:

1. Credit card accounts can also deposit money into them, but unlike debit cards (savings cards), no matter how much or how long you deposit money in credit cards, there is no interest. Because the nature of credit cards is not used for deposits, the money "deposited" is not called deposits, but overpayment, which is used for consumption and repayment, and a handling fee may be charged for withdrawing cash.

2. This sum can increase the available credit card limit or be directly used for consumer repayment. If there is overpayment in the credit card, the overpayment will be deducted first, and then the credit line will be deducted. If the overpayment is greater than the consumption amount, there will be no overdraft.

3. If you deposit money in the credit card in advance without spending, you can't get this part of the money out. If you want to withdraw it, you will charge a high handling fee, so you should try to avoid it. Saving money in a credit card does not bear interest, so it is more cost-effective to deposit money in a savings card.

4. When the credit card limit is sufficient, don't deposit money into the credit card easily. Try to repay in full according to the bill, or set up a debit card associated with the credit card for automatic deduction. For the treatment of "overpayment" that has been generated, if the amount is small, try to "redeem" it with credit card consumption. Credit card spending will take the initiative to use the "overpayment" limit by default, and then use the normal credit limit.

5. As for the credit card overpayment, try not to withdraw cash directly from the self-service equipment: "You might as well' save the country by curve' through the banking channel-transfer the funds in the credit card to the corresponding debit card account. Relatively speaking, the transfer fee is capped, which is lower than the withdrawal fee for overpayment."

can I deposit money with a credit card?

I can deposit money with a credit card.

1. Credit card deposit refers to the money that an enterprise deposits into a bank credit card account in order to obtain a credit card. Refers to the money deposited into the bank credit card account by an enterprise to obtain a credit card;

2. Credit cards can be used to deposit cash, but standard credit card deposits have no interest, and you need to pay a handling fee to take out the deposited money (this situation is called over-payment). However, some special cards have the function of saving money, so you must read the terms and conditions carefully before applying for a credit card.

Credit cards can be used without saving money, but debit cards (savings cards) can be used only after saving money. Credit card means that the bank lends money to the cardholder for consumption first, and then the cardholder returns it to the bank within a specified time. Credit card, also called debit card, is a non-cash transaction payment method and a simple credit service. The bank will issue it to the cardholder according to the user's credit and financial resources. The cardholder does not need to pay cash when spending with the credit card, and will repay it according to the bill on the repayment date.

Features of credit card:

1. Compared with ordinary bank savings card, the most convenient way to use it is to make ordinary consumption without cash in the card.

2. You can overdraw your consumption without deposit, and you can enjoy an interest-free period of 2-56 days, and you won't receive any interest for repayment on time (most banks will charge .5% interest and handling fee on the day of withdrawal);

3. It is safe and convenient to swipe your card when shopping, and there are integral gifts;

4. special merchants who hold cards in banks can enjoy discounts;

5. Accumulate personal credit;

6. Validity period: It is known that the validity period of domestic credit cards is generally three or five years.

This is the end of the introduction of credit card deposit and credit card deposit. Did you find the information you need?