How many credit card repayment methods are there? What’s the easiest way to repay your loan? Generally, credit cards must be repaid in time as soon as the 50-day interest-free period expires. Otherwise, interest, late payment fees and even over-limit fees will follow, which not only adds an unnecessary expense, but also adds to the Negative impact on personal credit history. Therefore, in order to facilitate cardholders' repayment, major banks provide a variety of repayment methods, such as linked debit cards, ATM self-service, online banking, third-party payment platforms, etc. So which credit card repayment method is more worry-free? To save effort, we might as well do a simple comparison to see which repayment method is most suitable for you. 1. Linked debit card This repayment method is also called self-service repayment. It means to bind your credit card with your debit card. On the credit card repayment date, the bank will automatically transfer the money from your debit card to the credit card for repayment. Not only will there be no handling fee, but also Can be credited in real time. However, it should be noted that you must ensure that your debit card balance is sufficient, otherwise the associated repayment will not be successful. This method is more suitable for working-class people whose credit card and salary card belong to the same bank. When the credit card repayment date comes, they can pay off the debt without much effort. This self-service repayment method is basically equivalent to going to the bank counter to repay. Generally, there will be a long queue in front of the ATM machine during the peak repayment period at the beginning and end of the month. Moreover, if the banknotes are damaged or bent, the automatic deposit machine will withdraw the money. Come, so it's best to prepare more cash in case the ATM doesn't recognize some damaged bills. This repayment method also arrives in real time, with no handling fees, and is suitable for cardholders who have time and are not familiar with computer operations. 3. Online banking: Most banks have opened online banking services. Cardholders can go to the bank counter to activate online banking and make repayments online. Firstly, you don’t have to go out to the bank to queue up for repayment, which saves time; secondly, you can not only make peer repayments, but also cross-bank repayments. Generally, peer repayments can be credited in real time without any handling fees, while cross-bank repayments require A certain inter-bank repayment fee is charged, and the repayment cannot be received in real time. This method is suitable for office workers and young people who are familiar with computer operations and are relatively homebound. This is also the repayment method I often use. 4. Third-party payment: Just like online banking repayment, through third-party payment repayment you can repay the debt without leaving home, and there are no handling fees regardless of whether you repay within the same bank or across banks. Third-party payment platforms that enable credit card repayment functions include Alipay, Tenpay, Yibao Pay, etc. It should be noted that cardholders need to activate the online banking function before they can make online repayments. Credit card repayments from China Merchants Bank and Ping An Bank The money can be credited in real time, while other banks usually take 1-3 working days. Therefore, it is recommended that cardholders make repayments at least 1-2 days in advance during holidays to ensure that the credit card can be repaid in time. Finally, everyone should take good care of their credit cards. When receiving a credit card, you should immediately write your name on the signature line on the back of the card. When using the card, you should take good care of your credit card and store the credit card, personal password, and ID card separately to avoid being stolen if lost. When handling business at bank ATM machines, you should also pay attention to whether there are any suspicious devices. If your card is swallowed for no reason, you must stay at the scene and call the bank service center for help. During this process, you must not disclose your password information to any organization or individual. There are more and more credit card frauds nowadays. If you receive any phone call or text message reminding you of a debt, do not call back. Instead, you should contact the bank’s service hotline to avoid giving criminals an opportunity.