How to repay a negative balance on a credit card (credit card)?

A negative number appears in the credit card (debit card) reduction, which means that the current total limit is less than the available limit. It is recommended not to repay in advance. After the bill comes out, the repayment will be carried out according to the displayed amount of debt. Generally speaking, The following is a one-time repayment of the negative balance. Installments and minimum repayments are not allowed. The specific judgment must be made based on the two repayment amounts.

Note that when a credit card (debit card) reduces its balance and has a negative repayment, it is not the amount of repayment that will restore the credit limit, but the total repayment amount minus the negative number is the real credit limit.

How to deal with negative balances on credit cards

When a negative balance appears on a credit card, it is generally because the credit card amount exceeds the repayable amount during repayment. The excess repayment amount is the overpayment, that is, If your credit card has a negative balance, when the next bill is deducted, the overpayment will be deducted first, and then your credit limit will be deducted; in addition, it may be that the temporary limit has expired, and the temporary limit generally has a time limit. If you use the temporary limit , the expiration of the temporary limit will also lead to a negative balance on the credit card, and you only need to repay it.

The credit card must have at least the following information: front: name and logo of the issuing bank, credit card number (organization logo) and holographic anti-counterfeiting mark, name in English or Pinyin, activation date (usually calculated to month), The validity date (usually calculated in months), the latest issued card has a chip on the front, and the chip account and the card magnetic stripe account are two relatively independent accounts. Back: card magnetic stripe, cardholder signature field (must sign after activation), service hotline number, last four digits or all of the number (to prevent fraudulent use), credit card security code (on the signature field on the back of the credit card, followed by The three digits after the last four digits are used for credit card activation, password management, TV, telephone and online transactions, etc.). Credit card installment payment means that when the cardholder uses a credit card to make large purchases, the card-issuing bank pays the merchant a one-time payment for the goods (or services) purchased by the cardholder, and transfers the consumption funds in installments according to the cardholder's application. The cardholder's credit card account is deducted, and the cardholder repays according to the monthly credit amount. In the past, credit card installments mainly included bill installments and single consumption installments. Banks usually charged corresponding handling fees based on the number of installments.

Whether it is bill installment or single consumption installment, the premise is that consumption behavior occurs first, and then the bank sets the installment repayment of the credit loan generated. After the applicant successfully applies for a credit card, the card-issuing bank will open a separate credit card account for the cardholder at the card-issuing bank for settlement after shopping, consumption and cash withdrawal. Since the card is sent by mail after the credit card application is approved, there is no guarantee that the recipient is the applicant. In order to protect applicants and banks from fraud losses, the credit card has set up a card opening procedure before it is officially launched. Card opening is mainly done by phone or online. The relevant personal information provided during the application is checked. Once the information is met, the card opening process is completed. At this point, the applicant becomes the card holder and can officially start using it after signing on the back of the card. After opening a credit card, you generally need to set up a password for the card. After accepting a credit card, a credit card merchant or bank must review the validity of the credit card and the identity of the cardholder.

What should I do if the credit card’s available limit is a negative number?

Have you ever encountered this situation when using your credit card? When you check the credit card’s available limit, it turns out to be a negative number. Ms. Zhang encountered this situation. For this reason, she specifically asked, what should I do if the available credit limit on my credit card is negative?

Two days ago, when Ms. Zhang was paying for something in the supermarket, the cashier told Ms. Zhang that her credit card limit was not enough, and finally gave her cash. Later, Ms. Zhang checked it herself. It turned out that Ms. Zhang found that she didn’t have enough money when she swiped her card, so she applied for a temporary limit from the bank. The temporary limit expired a few days ago, and the final repayment date has not yet reached, so she applied for a temporary limit. As a result, her credit card balance became negative.

At the same time, in addition to the situation where the temporary limit just expires, excessive consumption of the credit card will also cause the credit card limit to become a negative number.

For example, if your credit card has a fixed limit of 5,000, if you spend more than the fixed limit by swiping your card, your credit card limit will become a negative number.

What to do about the negative credit card limit? Whether it is a temporary limit expiration or excessive consumption, as long as the money is paid back, the credit card can continue to be used.

When the available credit limit on your credit card becomes negative, don’t panic. The most direct way is to call the hotline on your credit card to find out the reason and repay the amount when it is due. At the same time, it is introduced that

can handle credit cards from various banks quickly and safely!

How to repay the negative part of the credit card reduction

First of all, we need to log in to the mobile banking of the credit card. We can see the limit of our credit card on the mobile banking. If the available limit of the credit card is a negative number, it means that the credit card has exceeded the limit. At this time, in order not to affect the use of our credit card, we can repay in advance, as long as it is greater than the negative amount. Most bank credit cards support early repayment, but only a few banks will treat early repayment as an overpayment (cannot be used for repayment, and there is a handling fee for cash withdrawals). If we don’t want to repay in advance, then we can repay the excess amount after reducing the credit card limit according to the bill amount after the credit card statement comes out, and there will be no handling fees. We only need to repay the amount in full before the final payment date based on the bill amount.

Do I still need to repay a negative credit card payment?

Do I still need to repay a negative credit card payment?

If the credit card payment shows a negative number, then it is not necessary. repayment. When a negative number appears in a credit card repayment, it means that the user has repaid the amount before the repayment date. When repaying the loan in advance, the amount repaid exceeds the current repayment amount, and the excess amount is displayed as a negative number. Therefore, on the premise of early repayment, there is no need to repay negative credit card payments.

Why is the credit card repayment amount negative?

If the due amount on the credit card bill is shown as a negative number, it is generally because the customer repaid the amount in advance before the bill was released, and the payment was The amount exceeds the maturity amount of the current period, and the excess is displayed as a negative number.

For example, if a customer consumes 5,009 yuan in a certain month and has paid 6,000 yuan before the bill is issued, then after the bill is issued, the repayment amount will be displayed as negative 100 yuan. Customers do not need to repay during this period. After the new bill comes out, they can add new consumption and repay.

In fact, if this part of the amount is displayed as a negative number, it means an overpayment. Customers can use the card first, repay it after checkout, or withdraw money directly.

If the credit card limit is displayed as a negative number, it is usually because the customer has used a temporary limit, which has expired, but the bill has not been paid off; or the customer has used an excess limit. Generally, as long as the customer repays the loan, the limit will naturally no longer be displayed as a negative number.

How to use credit card money to repay credit card money

Credit card repayments cannot be repaid by direct transfer via credit card. Credit cards can generally only be repaid with debit cards or savings cards and the third Third-party platforms, other cash and other methods of repayment, credit card repayment does not support credit card repayment. If you withdraw money from a credit card and pay it back to another credit card, this behavior not only requires payment of cash withdrawal fees, but is also illegal.

That’s all for the introduction on how to pay off negative credit card balances.