How to use two CCB credit cards?

The limits of the two CCB credit cards are exclusive. After consumption on one card, the limit of the other will be reduced accordingly.

But if the limit of one of your cards is higher than that of the other card, after the ***used limit is used up, the card with the higher limit can spend the remaining amount of the ***used limit. part. CCB credit cards under the same name of the customer are limited to the credit limit.

Example: The customer holds CCB credit card A and B in his or her own name. Card A and B have the maximum credit limit. The credit limit of card A is 2,000 yuan and the credit limit of card B is 3,000 yuan. Yuan, the maximum usage limit of Card A and Card B is 3,000 Yuan. After the consumption credit limit of Card A or Card B is 2,000 Yuan, Card A can no longer consume, and Card B can only consume the remaining 1,000 Yuan credit limit.

How to repay each other with two credit cards without incurring interest

1. In fact, it is possible to repay each other with two credit cards, but it requires a certain cost, such as Fees, interest, or certain risks. There are three ways to repay each other with two credit cards:

1. Withdraw cash from the credit card and repay. You can directly use the limit of one of the credit cards to withdraw cash at an ATM or over the counter for repayment. This is a more formal way of repayment. After 30, a handling fee and a daily interest of 0.5% will be charged. As for the specific handling fees, each bank is different.

2. Help others to repay by swiping their cards. Actually, this is a very simple method. It is to use another credit card to swipe the card for a friend, so that the friend can pay himself in cash. After having the cash, he can return the other credit card. This method is suitable for repayments of smaller amounts.

3. Use POS machine to repay. Use a credit card to swipe orders at the POS machine, and the merchant will give you cash. It should be noted that this method is actually a credit card cash-out, and there are certain risks. In addition, credit card cash-out merchants have many customers, and the POS machines of cash-out merchants are easily targeted by banks, which may cause cardholders to have their cards blocked by the bank.

However, in this cycle, it seems that you don’t have to pay out of your own pocket to repay the loan. In fact, it is risky to tear down the east wall to make up for the west wall.

Extended information:

2. Safety and risks that need to be paid attention to:

1. Loss of money

Several credit cards repay each other The payment is actually handled with the help of a credit card. You also need to pay through a third party. If this third party is unreliable and runs away with the money, the money that was swiped away will not be returned.

2. Information leakage

It is also a problem of unreliable third-party payment, which may cause the leakage of credit card information and personal information, creating the risk of being stolen. If it is stolen, you will have to admit that you are unlucky and the bank will not be held responsible.

3. Credit loss

Credit card agency is still a kind of cash-out behavior. If the bank thinks there is a cash-out risk, it is a trivial matter to reduce the credit card limit. If the card is blocked or recorded in the credit record, That would be troublesome. When you want to apply for a credit card or loan in the future, it will not be easy to get approved.

4. Legal liability

It is illegal to cash out with a credit card, and you will be held legally responsible and may even go to jail. Don't believe it, there are real cases of being ++ed by banks.

3. Suggestions:

Instead of being clever and taking advantage of loopholes, it is better to develop good consumption and repayment habits honestly.

How to use two credit cards cleverly?

First of all, a reminder, don’t try to exchange cards for cards. This is the most important thing to do, because this operation is equivalent to pouring water into a bottle with holes, which is not a long-term solution.

However, it is completely possible to use credit cards to manage finances reasonably. Today I will introduce it. This is not a copy of other people’s answers, but my personal experience.

First, understand the two concepts. Credit cards have a billing date and a repayment date, usually 20 days apart (this period means you are enjoying an interest-free loan from the bank). If it is on July 1 If you record the account number, it usually needs to be returned on July 21st. This is the basis;

Secondly, credit cards are settled based on the billing date and repayment date, not the first one in the natural month. , so customers have the opportunity to use a long interest-free period. The minimum interest-free period advertised by the bank is 20 days, and the maximum is 50 days. This is how the interest-free period is generated. For example, there is a card with a bill date on the 5th and a repayment date on the 25th. Then if you swipe your card on June 6, it can only be credited to the bill on July 5, and then repaid on July 25. In other words, you can use the bank loan interest-free for this consumption from June 6 to July 25. ***50 days;

Third, use the above interval between the billing date and the repayment date, plus if you have two to three credit cards on hand, you can reasonably arrange the repayment Stress breakdown, for example, you have three cards:

Card A has a bill date on the 10th and the repayment date is the 30th;

Card B has a bill date on the 20th and the repayment date is the following month The 10th;

C card bill date is the 30th, and the repayment date is the 20th of the following month.

Then in January, if you swipe card C from the 1st to the 10th of the month, card A from the 11th to the 20th, and card B from the 21st to the 30th, you can effectively alleviate the shortage of cash.

Of course, using a credit card ultimately requires repayment, so although there are ways to manage your finances, you must also live within your means and balance your consumption.

This ends the introduction on how to use two credit cards and how to use POS machines to repay each other. I wonder if you found the information you need?