You can save money. Credit cards have the basic functions of ordinary bank cards, so credit cards can be inserted into ATM machines to deposit money like ordinary debit cards and savings cards, and they can also transfer money to bank cards.

However, it should be noted that the credit card itself has a line given by the bank, and the money we deposit exceeds the credit line. After credit card consumption or withdrawal, the used amount will be recharged first, and then it will exist in the form of overpayment.

The difference between credit card and bank card

1, the credit card deposit bank does not give interest. Therefore, saving money by credit card may have no interest for two or three years. If you put it in a bank card, it will be different. You will pay interest at the benchmark interest rate every month. In addition, the cash withdrawal from bank cards is free, and the cash withdrawal fee for credit cards is 1%~2% of the cash withdrawal amount.

2, the money in the credit card may become bad debts, affecting credit. Don't let the money go after you deposit it in your credit card. If the credit card has not been traded for more than 180 days, even if it is not overdue, it will affect the credit. It may be treated as bad debts by banks and directly reported to the central bank for credit reporting, leaving a record of bad debts, which is much more serious than overdue.

Function of credit card

1, credit card consumption

The most direct function of a credit card is to spend money by swiping it. Users can use a credit card to spend money in shops, hotels, airports, convenience stores and other places, and the more they spend, the more banks like such users. It is best to limit the monthly consumption of a credit card to 70% of the credit limit.

2. Cash withdrawal

Credit cards also have the function of withdrawing cash, but using these functions requires a certain fee and interest. The handling fee is generally about 1% of the withdrawal amount, which varies from bank to bank. Interest income is generally charged on a daily basis, with a daily interest rate of five ten thousandths. Generally speaking, the interest paid by credit card withdrawal is relatively high.

3. Payment by installment

Credit card has the function of installment repayment. If the user has difficulty in repayment after using the credit card, he can use the installment repayment function, but he needs to pay a certain fee, which is calculated according to the number of installments. Users can repay in advance after installment, which can save a lot of money and restore the amount in real time.

Step 4 remit money

Credit cards have the function of remittance. For example, when spending abroad, cardholders can make repayment or recharge at home, so that users can rest assured that they don't have to worry about insufficient funds or missing the repayment date. This function is beneficial for users to use when traveling.

Can I deposit money with a credit card?

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Of course.

Credit cards can deposit money, but the money deposited is called overpayment and will not generate interest in the card. And users may have a handling fee if they want to take it out.

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If you have spare money, it is generally not recommended to deposit it in a credit card. The main function of credit card is overdraft consumption. Users can buy goods without saving money, and then pay back the arrears on the repayment date. If a user deposits money in a credit card, he will first spend the money saved and then overdraw the credit card limit.

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If the user often deposits money in the credit card, the credit card amount will be reduced. When the amount withdrawn by the user with the credit card exceeds the overpaid part, the extra part is equivalent to the credit card withdrawal. This part of the money will be charged with interest and handling fees. The interest will generally be calculated at the rate of five ten thousandths of a day. Until the user pays off this part of the money, the handling fees charged by each bank are different.

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In short, users should not deposit money in their credit cards at ordinary times. Users should usually use credit cards to spend more, and the more they spend, the more favorable it is for users to increase their quota. If you want to increase the fixed amount, you can directly call the credit card customer service hotline to apply, and the customer service staff will help users submit it. The bank will decide whether to increase the quota according to the user's usage.

Can I deposit money in my credit card?

Of course.

Credit cards are used to borrow money for consumption, while savings cards are used to save money.

You can deposit. If you deposit too much, it is called "overpayment", but it can also be used for credit card consumption.

Credit cards can save money, but pay attention to the following points:

1. Credit card accounts can also deposit money into them, but unlike debit cards (savings cards), no matter how much money you deposit in a credit card and how long it lasts, there is no interest. Because the nature of credit card is not used for deposit, the money "deposited" is not called deposit, but overpayment, which is used for consumption and repayment, and a handling fee may be charged for withdrawal.

2. This money 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.

If you put the money in the credit card in advance without spending it, you won't get the money. If you want to take it, you will charge a high handling fee and try to avoid it. There is no interest on saving money by credit card, so it is more cost-effective to deposit money in a savings card.

4. When the credit card limit is sufficient, don't deposit money into the credit card easily. Try to repay in full according to the bill, or do a debit card associated with a credit card to automatically deduct the money. For the treatment of the "overpayment" that has been generated, if the amount is small, try to "redeem" with credit card consumption. Credit card spending will take the initiative to use the "overpayment" limit by default, and then use the normal credit limit.

5. If the credit card overpays a lot, try not to withdraw cash directly from the self-service equipment: "You may wish to save the country through the bank channel-transfer the funds in the credit card to the corresponding debit card account. Relatively speaking, there is an upper limit on the transfer fee, which is lower than the overpayment fee. "

Can I deposit money with a credit card?

1, credit cards can save money, but the main function of credit cards is not to save money, but to overdraw consumption. It is generally best to use a savings card for savings.

2. The money deposited in the credit card account is called overpayment. Saving money in a credit card helps to improve credit, but saving money in a credit card has no interest and can only be used for consumption.

Therefore, it is not recommended to save money by credit card. If you need to deposit money, you can use a savings card and a debit card.

For more information about credit cards, please visit: See More.

Can I deposit money with a credit card?

Credit cards can save money, but there is no interest, and there may be a handling fee for taking it out. Money stored in a credit card is called overpayment. So credit cards and savings cards must be distinguished. Moreover, if we don't use the money in the credit card for a long time, it will cause bad debts and affect personal credit.

According to Article 7 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks, credit cards refer to all kinds of media that record the relevant information of cardholders' accounts, have the functions of bank credit line and overdraft, and provide relevant banking services for cardholders.

The credit card stipulated in the relevant laws of our country (Interpretation of the Provisions of NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. 20 17 12 1, the English translation and writing standards for public services were formally implemented, and the English names of credit cards were specified.

Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when spending, and repays on the bill date.

Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.

From the date of 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.7 times of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate).

On May 25th, 20021year, the Supreme People++promulgated and implemented the Provisions of the Supreme People++on Several Issues Concerning the Trial of Civil++Cases of Bank Cards.

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According to Article 7 of the Measures for the Supervision and Administration of Credit Card Business of Commercial Banks, credit cards refer to all kinds of media that record the relevant information of cardholders' accounts, have the functions of bank credit line and overdraft, and provide relevant banking services for cardholders.

Introduced here, credit cards can save money.