You can deposit money into a Bank of China credit card. The money that customers deposit into their credit cards is called "overpayment." Nowadays, more and more people are joining the ranks of using credit cards, but few people know that there may be a certain handling fee when withdrawing self-owned deposits from a credit card. The professional name is "overpayment" to claim the handling fee. Therefore, industry insiders do not recommend depositing money into credit cards.

Extended information:

The "redemption" method of overpayment

Most banks charge customers for withdrawing overpayment from credit cards, ranging from 0.5 to 1. Among them, the charging standard of a joint-stock bank is as high as 3. This means that if you deposit an extra 10,000 yuan into your credit card, if you want to withdraw cash, you may be charged a fee ranging from 50 yuan to 300 yuan.

However, more and more banks have now joined the "legion" of "free cash withdrawals in the same city for credit card overpayments". At present, ICBC, China Construction Bank, Bank of Communications, Minsheng, Guangfa and other banks have canceled the above-mentioned handling fees. When customers withdraw cash at ATMs or counters in the same city, there is no handling fee.

Although some banks have canceled the handling fees for intra-city cash withdrawals for credit card overpayments, bank staff reminded that when the credit card limit is sufficient, do not easily deposit money into the credit card and try to choose according to the bill amount. Repay the balance, or set up the debit card associated with the credit card to perform automatic deductions.

As for the handling of "overpayments" that have occurred, bankers suggest that if the amount is small, try to "redeem" it by swiping your card. Credit card purchases will automatically use the "overpayment" limit by default before using the normal credit limit.

As for credit card overpayments with a large amount, try not to withdraw cash directly from self-service equipment. You can use the bank channel "Curve to Save the Country" to transfer the funds in the credit card to the corresponding debit card account. Relatively speaking, the transfer fee is capped and is lower than the overflow payment and cash withdrawal fee.

People's Daily Online - Don't use your credit card as a debit card, you will suffer losses on both sides if you save money on your credit card