What should I do if I accidentally deposit money into a credit card?

The money deposited into the credit card is called overpayment, and the overpayment can be withdrawn in the following ways:

1. Spend directly by swiping your card: You can choose to spend money by swiping your card directly to use the money accidentally deposited in your credit card.

2. Transfer to the debit card of the same person: If you do not want to withdraw cash, you can transfer the excess payment to the debit card of the same person, and then use the debit card to withdraw cash.

3. Cancel the card and withdraw the balance.

Credit card cash withdrawal is different from credit card cash withdrawal. Credit card cash withdrawal is one of the inherent functions of the credit card itself. Cardholders can use the credit card to withdraw cash from the bank. Credit card cash withdrawal mainly includes overdraft cash withdrawal and overpayment cash withdrawal. . Overdraft withdrawals require interest, and interest is calculated from the day you withdraw cash, while overdraft withdrawals do not require interest and only require payment of part of the handling fee, depending on the regulations of each bank.

It should be noted that the bank card logos under the Visa international credit card organization include Visa Elecron Interlink Plus Visacash, which includes the credit card under Visa, which can withdraw cash and overdraft, the debit card under Elecron Visa, which can withdraw cash but cannot overdraft, and the ATM card under PlusVisa. Only cash withdrawals are allowed, no overdrafts are allowed. InterlinkVisa’s interlink transfer cards are marked with cash withdrawals and no overdrafts, and cash withdrawals are allowed.

Different from swiping a credit card, credit card cash withdrawals require a certain handling fee. The rules for CITIC Bank's ordinary credit card cash withdrawal fees are as follows:

When withdrawing cash within the country, the handling fee is 2% of the transaction amount. , with a minimum charge of RMB 20 per transaction, regardless of our bank or other banks.

When withdrawing cash overseas, the handling fee is 3% of the transaction amount, with a minimum charge of USD 3, HKD 30, or EUR 3 for each transaction.

Except for Hong Kong, Macao and Taiwan, there are many countries where the UnionPay system is not popular, so most overseas cash withdrawals need to go through the channels of international card organizations. This depends on whether the card you hold is an international card. It is easy to identify international cards by looking at whether there are logos of credit card organizations such as Visa or Master in addition to UnionPay.

The overdraft cash withdrawal limit is set according to the cardholder's card usage, and the maximum limit does not exceed 50% of the cardholder's credit limit. The daily ATM cash withdrawal limit per person per card is 2,000. In addition to the cash withdrawal fees for credit card withdrawals, interest must be paid for overdraft withdrawals at home and abroad. Some banks can enjoy interest-free treatment.

Overpayment cash withdrawal is when the cardholder withdraws the funds stored in the card or the funds overpaid during repayment. Overpayment can automatically increase the available limit of the main card, but does not increase the available limit of the supplementary card. If there is a need to increase the available limit of an additional card, the cardholder should call the bank's telephone service hotline to apply.

What should I do if the money is transferred to a credit card?

If you accidentally deposit money into a credit card, you can withdraw it, but a handling fee will be charged. The money deposited into the credit card is called overpayment, and the overpayment can be withdrawn in the following ways:

1. Direct consumption by swiping the card

There is a fee for withdrawing the overpayment from the credit card, but consumption by swiping the card But he didn’t accept it. Therefore, you can choose to use the money accidentally deposited in the credit card by swiping the card directly;

2. Transfer to the debit card of the same partner

If you do not want to withdraw cash, you can pay the excess amount Transfer it to the debit card of a fellow traveler, and then use the debit card to withdraw cash.

However, the prerequisite is that the cardholder must have a debit card from the credit card issuing bank. Secondly, it is necessary to compare whether the overpayment transfer fee is lower than the cash withdrawal fee. If the two methods are used, The fees are the same, so there is no need to transfer;

3. Cancel the card and withdraw the balance

It should be noted that the order of withdrawing the balance and canceling the card is important. If you withdraw the balance first and then cancel the card, you will also be charged a cash handling fee. However, if you cancel the card first and provide the bank card account number of the same person to transfer the balance out, there is no handling fee, but you will have to wait a few days for the account to arrive. Specifically The rate and arrival time are subject to the bank's display.

Types of credit cards

According to different card issuers, they can be divided into bank cards and non-bank cards

Bank cards. This is a credit card issued by a bank. Cardholders can shop at the card-issuing bank's special merchants, and can also withdraw cash at any time at any branch of the card-issuing bank or at places with ATMs.

Non-bank card. Such cards can be specifically divided into retail credit cards and travel and entertainment cards.

According to the different objects of issuance, it can be divided into corporate cards and personal cards

Corporate cards. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, national party and government agencies, military units, groups and other legal organizations.

Personal card. Personal cards are issued to urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable sources of income.

According to the credit status, status and other credit conditions of the cardholder, it can be divided into ordinary cards and gold cards

Ordinary cards. Ordinary cards are issued to cardholders with average financial strength, credibility and status, and their various requirements are not high.

Gold Card. A gold card is a high-end credit card that pays high membership fees and enjoys special benefits.

According to different repayment methods, credit cards can be divided into credit cards and quasi-credit cards

Credit cards. When the card-issuing bank provides bank credit, it is first used as an overdraft, and then repaid or paid in installments. Most of these cards are used internationally.

Quasi credit card. It is a credit card issued by a bank that allows you to deposit money first and spend later.

According to the different circulation scope of credit cards, they can be divided into international cards and regional cards

International cards. An international card is a credit card that can be used outside the country of issue and is accepted worldwide.

Regional card. A regional card is a credit card that can only be used within the issuing country or within a certain region. Most of the various credit cards issued by commercial banks in my country are regional cards.

What should I do if I accidentally deposited money into a credit card?

If you accidentally deposit money into a credit card, try to "redeem" it by swiping the card. Credit card purchases will automatically use the "overpayment" limit by default before using the normal credit limit. 1. Overpayment Overpayment refers to the funds overpaid by credit card customers during repayment or the funds deposited in the credit card account. When swiping a card for consumption, the overpayment will be deducted first, but if you want to withdraw this part of the funds, you need to pay a certain handling fee.

Credit card cash-out means that the cardholder does not withdraw cash through normal legal procedures (ATM or counter), but uses other means to withdraw the funds within the credit limit of the card in cash without paying. Bank withdrawal fees. Regarding the credit card arbitrage behavior that has become more and more serious in recent years, the Shanghai headquarters of the Central Bank stated on July 26, 2010 that it is illegal to cash out credit cards. The central bank is studying to record the cardholders' cash-out behavior in the personal credit information system, which will directly affect their personal credit records. From the day you get the credit card, the bank promises to give you a corresponding amount of advance payment. For example, if you apply for a credit card with a limit of 10,000, then the bank promises to lend you 10,000 quick cash at any time. What about this 10,000 yuan? You can pay it back to the bank within the interest-free period of up to 56 days, and your interest will not be counted during this period. However, this advance payment can only be used for consumption. The bank does not encourage you to convert it into cash and take it out, because when When you go to an ATM machine to withdraw cash, you can only withdraw cash up to 50% of the limit. At the same time, you will be charged a handling fee of 1-3% for this cash. When you withdraw the money, the bank will start calculating interest for you. According to national regulations It’s five ten thousandths per day.

Credit cards of some banks have an installment limit, and consumption can be paid in installments. The installment limit of the credit card is used for installment payment. The available limit in the credit card will not be reduced, so the credit card holder can Use the credit cards of these banks to "spend twice": first pay once in installments to use up the installment limit, and then directly swipe the card once to consume the available limit in the credit card limit, so that you can consume the available limit in the credit card limit in the installment limit. amount.

Then by using the above cash-out method, you can easily cash out the installment limit and the credit card limit, thereby realizing double the cash-out on your credit card! For example, if someone's credit card limit is 10,000 yuan and the installment limit is 20,000 yuan, then he can go to a designated shopping mall and buy something worth 30,000 yuan, thus realizing double the cash out!

That’s it for the introduction of how to deposit money into a credit card.