Six methods of credit card repayment:

1. Cash repayment at the counter (no handling fee, poor convenience, general scope of application)

With the counter Cash repayments are similar to ATM deposit repayments, but cardholders must first find out whether the ATM machine supports credit card repayments. In addition, they also need to know which bank the ATM machine belongs to and whether it supports deposits from the bank card they hold.

2. Automatic repayment by our bank’s salary card (no handling fee, very convenient, narrow scope of application)

For example, if someone receives salary through China Merchants Bank, and If you hold a China Merchants Bank credit card at the same time, you can apply for an automatic credit card repayment agreement. Then every time the final repayment date comes, the bank will automatically deduct the outstanding balance from your salary card. This will not only eliminate the need to queue up at the bank, but also eliminate the need to wait in line. This eliminates the possibility of paying large amounts of interest due to underpayment.

3. Online banking and Alipay transfer repayment (no/lower handling fees, more convenient, wide application)

PCs are extremely popular, and online repayment has become the most commonly used method. One of the ways, among which, online banking repayment is certainly used a lot, and efficient third-party repayment platforms such as UnionPay Online and Alipay are also well known to everyone, but they differ in the banks they support and the specific repayment operations. They are different, so you need to look at them carefully before using them.

4. Self-service repayment at convenience stores (the handling fee is uncertain/lower, more convenient, and has a wide range of applications)

It is available in some convenience stores and communities in first-tier cities The function of the self-service repayment tool is similar to that of online inter-bank repayment. It can be used without activating the online payment function, and the security is also good. It is also a good repayment method for many older cardholders and some people who do not have access to the Internet. This method is represented by Xinpaytong and Lakala. Shenzhen Development Bank has also launched similar "Easy Home Repayment" cross-border repayment machine.

5. Mobile payment product repayment (no/low handling fees, very convenient, wide application)

When it comes to convenient credit card repayment methods, of course we cannot ignore Changban The mobile phone around you, in fact, as long as you equip the mobile phone with a special external device, you can turn the mobile phone into an independently operating ATM machine. Of course, you can easily complete credit card repayments within and across banks.

6. Telephone banking repayment (no handling fee, more convenient, generally applicable)

Some banks have opened telephone banking repayment services. If you already have a current account with that bank, account and opened the telephone banking transfer service, you need to call the fixed customer service hotline to complete the repayment