1. When the amount deposited in the credit card exceeds all debts under the account, the excess amount is called "overpayment" and will be automatically deducted from the credit card consumption. Generally speaking, when a credit card repays, the excess will be left in the credit card as an overpayment, and the credit card overpayment will not be automatically refunded. This fund belongs to the nature of deposit on credit card, but it is interest-free. The original intention of banks to design and promote credit cards is to advocate cash overdraft or consumption overdraft, and they don't want to use it as a carrier medium for deposits. To put it bluntly, it is equivalent to a credit card. Overpayment can increase the available credit card limit or be directly used for consumer repayment. If the credit card has overpayment, the overpayment shall be deducted first, and then the credit line shall be deducted. If the overpayment is greater than the consumption amount, there will be no overdraft.
2. In other words, the money can be used by credit card normally, or used for online payment, and the bank will not charge interest. If the credit card is in arrears, this overpayment will automatically offset the credit card arrears. However, if the excess part is withdrawn through the cash advance channel, the bank must charge the cash advance fee. Handling fee for recovering overpayment: 0.5% of the recovered amount, ranging from 5 yuan RMB or US$ 65,438+0 to 50 yuan RMB or US$ 65,438+00, depending on the bank.
Credit cards can be overpaid, but it is generally not recommended. Overpayment is called overpayment. Some people will use credit cards as debit cards and deposit cash into credit cards, resulting in large overpayments. But this kind of behavior is not desirable, it not only affects one's own income, but also may affect one's personal credit information.
1. Credit cards are different from ordinary debit cards. Overpayment is not only interest-free, but also a handling fee of 0.5%-2% is usually charged according to credit card withdrawal, and overseas withdrawal is more expensive. Generally speaking, ATM withdrawals are basically charged. Usually the standard is 0.5% of the withdrawal amount, and the minimum charge is 5 yuan; The handling fee for overseas cash withdrawal is higher. If there is overpayment, the withdrawal fee will still be charged according to the credit card withdrawal standard. In this case, the cardholder is advised to transfer the overpayment from the credit card to the bank debit card and then withdraw cash from the debit card. This can reduce the handling fee.
2. Overpayment may also affect cash withdrawal by credit card. There is an overpayment in the credit card, which is easily judged by the bank as sufficient funds, and there is little demand for funds, so it is relatively difficult to withdraw cash.
3. If the credit card has overpayment, and the cardholder has not used the credit card for a long time, there may be overpayment bad debts, which will appear in the personal credit record.