My friend's credit card bills are often paid out, but if they are not paid off at one time, they will be repaid in small amounts several times and paid off in full before the repayment date. Although this can avoid overdue, I will still worry about the impact. So, what happens when credit cards are repaid many times? Does it affect withdrawal? Let's briefly introduce it today.

What are the consequences of small multiple repayment of credit cards?

It doesn't really matter. Banks only pay attention to the repayment results and have no requirements for specific repayment methods. Whether it is a one-time repayment or a small repayment, as long as the current bill is paid off or the minimum repayment amount is paid, it will not be overdue, so at least there will be no bad debts.

However, many friends may think that one-time repayment can prove repayment ability better than small multiple repayment, which will be helpful for subsequent cash withdrawal. It seems reasonable, but it is not absolute. Because if a small amount can pay off the current bill many times, it is not much different from one-time repayment, but it will have a slight advantage in increasing the amount than the minimum repayment amount or installment repayment.

Not to mention that the repayment method is only one of the reference factors for credit card withdrawal, and the cardholder's card use behavior and credit status are also very important.

First of all, cardholders should develop good credit card behavior, such as diversification of consumption, small transactions, large transactions and diversification of consumption methods. Don't just brush POS machines, but also use online payment and code scanning payment. On the one hand, multi-cooperative merchants can accumulate points, on the other hand, they can also contribute handling fees to banks.

Secondly, the cardholder's credit conditions should be good. For example, personal credit information should not be tainted, especially if it is a black account. The debt ratio of credit reporting should not exceed 50%, and it is best to keep more than four credit reporting agencies. By the way, some assets are also good, such as houses, cars, wealth management products and commercial insurance.

The above is the relevant introduction of "What will happen to multiple small repayments of credit cards". Finally, I would like to remind you that small credit card repayment should pay attention to the number of repayments. Different repayment channels may limit the number of repayments per month. For example, the pocket bank repayment of China Merchants Bank is limited to 50 times per person per month, and the credit cards of other banks are deducted 5 times per month.