Why does the card show that it has been paid off even though it has not been paid off?

1. Refund for repayment of outstanding debts. In other words, if a credit card is refunded after consumption, the refund amount will be consistent with the current bill amount, and the two will be offset without repayment. However, reversal fees vary based on when the refund is posted and billing date. If the refund is after the billing date, it can only offset the consumption amount after the next billing date, that is, the amount owed on the next bill; if it is a refund before the billing date, it can offset the consumption amount in the current period.

2. Being compensated by others. There are often cardholders who cannot afford to repay their credit card debts, but do not want to overdue, so they will find some reimbursement agencies to borrow money to repay. For example, it is more popular now to repay. After the application is successful, the money will be directly released to the credit card account to repay, and then the loan will be repaid. You don’t have to pay it back yourself. One thing worth noting is that reimbursement is just a transfer of debt, from the money owed to the credit card to the money owed to the reimbursement agency, so it still has to be repaid.

3. Automatic repayment. Some card friends forget to set up automatic repayment on their credit cards. Although they do not repay manually, as long as there is enough money in the card one day after the payment is received, the system will automatically deduct the money from the associated debit card and return the credit card. For accounts, there will also be cases where the balance has been paid off but has not yet been repaid.