You can use a credit card to withdraw cash for repayment, and the repayment can be paid directly to the credit card. If your credit card is associated with an automatic repayment account, you can also deposit it into the repayment account and wait for the bank to automatically deduct the payment when it expires.

After withdrawing cash with a credit card, you can make a deposit or transfer money through an automatic teller machine to repay the outstanding balance. Of course, you can also make credit card repayments through third-party platforms such as WeChat or Alipay. But one thing to note is that using a credit card to withdraw cash does not enjoy interest-free. The bank will calculate the interest at 0.5%, so the interest must be returned when the payment is due.

Credit card repayment methods:

1. Repayment at the bank counter: Go to the bank counter and give your credit card and cash to the teller, and explain to him that you want to repay the credit card. The teller will handle it for you.

Advantages: Instant payment, no need for much operation, just find the issuing bank.

Disadvantages: Tired of running around. If the card-issuing bank is far away from you, it will be very difficult every month.

2. Automatic deposit machine repayment: If the bank is closed and your credit card has not been repaid, what should you do? Go to an automatic deposit machine that can deposit money to repay, and insert your credit card into the deposit box. In the machine, click Deposit, put your banknotes into the banknote slot, follow the prompts, and you can repay.

Advantages: Even if the bank is closed, you can still repay the loan and it is open 24 hours a day. Instant payment.

Disadvantages: It is often the case that the RMB is wrinkled and spit out by the deposit machine. Sometimes it needs to be repeated several times. Tired of running around, I looked for a card-issuing bank with a deposit machine.

3. Online banking repayment: Log in to the online banking of your card-issuing bank and use your deposit card to repay the credit card. Of course, cross-industry is possible, but there will be a handling fee.

Advantages: You can make credit card repayments without leaving home. Instant payment.

Disadvantages: Complex operation. Handling fees will be incurred when repaying across banks. Although many security measures have been introduced for online banking, there are still many friends who do not like to open online banking. Afraid of being unsafe.

4. Repayment through third-party payment platform on mobile phone: Credit card repayment can also be made through mobile phone.

Advantages: Repay anytime, anywhere. There are special promotions from time to time.

Credit card repayment time

Credit cards will issue a bill once a month, and the user will be required to repay after the bill is issued, so the credit card is repaid once a month. However, during the use of credit cards, some users will choose to repay in advance. If the amount to be repaid is returned in advance, the user does not need to repay. When repaying a credit card, you can choose full repayment, minimum repayment, or installment repayment. Different repayment methods have different charging rules.

If you want to use a credit card interest-free, you must choose to repay in full. If you do not have the ability to repay, you can choose minimum repayment or installment repayment.