First, after credit card overflow, if you want to take it out, you have to charge a handling fee. Each bank has different regulations on the withdrawal of overpayment. Most banks charge customers .5%~1% for the withdrawal of overpayment.
second, if you use overpayment for a long time, it will lead to a smaller credit card overdraft limit, and if you don't have an overdraft limit for a long time, it may lead to a credit card downgrade.
third, if the credit card overpayment is not handled for a long time, it will form bad debts, which will have an impact on the cardholder's future card application and loan application.
Overflow deposit, also known as credit card self-owned deposit, refers to the "excess" money deposited by the cardholder without overdraft. Credit card "overflow deposit" may occur after the credit card is recharged, and the amount is equal to all deposits minus the amount owed in the issued bill. The vast majority of card-issuing banks will handle the overdraft withdrawal of their own deposits by cardholders and charge a certain fee.
Most banks charge fees ranging from .3% to 3% for withdrawing excess deposits, and the lowest fees range from 1 yuan and 2 yuan to 1 yuan and 3 yuan. Only the credit card of Guangfa Bank implements the free service of withdrawing excess deposits. For example, if Mr. A deposits 5, yuan into a credit card and his outstanding bill is 2,6 yuan, then the system will automatically return the credit card arrears first, and the remaining 2,4 yuan will be left in Mr. A's account as an "overflow deposit". It can be seen that even if you deposit money into a credit card before the final repayment date, there will not be as many "overflow deposits" as you deposit. In the above example, if Mr. A wants to get back the deposit of 5, yuan, then the 2,6 yuan that has been used to repay the arrears will be treated as overdraft cash withdrawal, and he also needs to pay five ten thousandths of interest every day.
A credit card is not a savings card, so don't deposit money into it, except that the amount is higher when you swipe your card, which does not do much good. Even if you deposit money into a credit card before the final repayment date, you don't have as many "excess deposits" as you save. "Overdeposit" will not generate any interest, in other words, it is no good to "recharge" the credit card in advance and then spend it. Don't withdraw the "overflow deposit" easily. Generally, you only need to empty your account before you cancel your card. In other cases, you can use the "overflow deposit" by directly swiping your card. If the cardholder wants to increase a certain credit limit, he can apply to the bank customer service center for a temporary credit limit, and does not need to rely on "overflow deposits" to increase his spending power.
Credit card overpayment is the money that the cardholder overpays when repaying the credit card, or it may be the money that the cardholder unintentionally deposits. Although there is no income from the credit card overpayment, it needs a certain handling fee to take it out, so it is suggested that the cardholder can put it in it for consumption or repayment if there is no urgent need. For example, if Xiaoxi's current credit card bill amount is 1 yuan, but Xiaoxi is worried about hidden fees when depositing, fearing that the credit card will be overdue, he deposits 12 yuan into the credit card account, then the extra 2 yuan belongs to overpayment.