How to pay back US dollars to a credit card account?

Go to the counter with your ID card. You can apply directly in RMB. When ++ consumption has generated a US dollar bill, you can choose to activate the "US dollar bill purchase and repayment" function.

After activation, your RMB repayments will be automatically converted into U.S. dollars, and your U.S. dollar bills will be repaid first (the conversion rate is the exchange rate on the day of payment), and the U.S. dollar bills will be paid off. Subsequent repayments will continue to pay off your RMB bill.

There are 3 ways to repay with U.S. dollars using China Merchants Bank credit cards:

1. Go to the counter to activate the self-service transfer function with the all-in-one card and credit card. You can purchase foreign exchange in U.S. dollars directly with the all-in-one card, or manually through online banking. Repayment.

2. If it is inconvenient to go to the counter, after purchasing foreign exchange and US dollars with one card, automatic deduction will be activated with your credit card.

3. Activate the function of purchasing foreign exchange with your credit card and repay RMB with one card.

Extended information:

Notes on paying U.S. dollar bills in RMB:

1. If it is a non-U.S. dollar ++ transaction, it will be converted into U.S. dollars by the international credit card organization , billed in US dollars. (During the above process, international organizations such as VISA and MasterCard will charge a 1.5% foreign exchange exchange fee)

2. The amount of foreign exchange purchased in the current period cannot exceed the amount of the current U.S. dollar bill, and the exchange rate for foreign exchange purchased is 10:00 on the day of repayment. Published USD selling price of China Merchants Bank.

3. If you set up the function of purchasing foreign exchange for repayment of U.S. dollar bills and the "automatic repayment" function of the U.S. dollar account at the same time, then your RMB repayment will have priority in purchasing foreign exchange to repay your U.S. dollar bills. The difference between the self-deduction amount (full or minimum) set for the current period of the bill and the agreed foreign exchange purchase amount will be deducted from your designated US dollar automatic repayment account.

4. After the automatic foreign exchange purchase is successfully set up, if the cardholder fails to repay the US dollar bill in full on the due payment date, if there is an overpayment in RMB in your credit card, our bank will automatically The corresponding amount will be deducted from your RMB overpayment to purchase foreign exchange to repay your US dollar bill.

Reference material: China Merchants Bank_++ Transaction Repayment

How do you repay a credit card in US dollars

This depends on the settlement method of your consumption. Even for dual-standard credit cards of UnionPay and VISA, the consumption settlement methods are not exactly the same. Some banks' international credit cards are all debited directly in RMB according to the exchange rate at the time of consumption (regardless of the channel through which the card is swiped), free of ++ exchange fees, so When repaying, the bills are all RMB arrears, so you can just repay the same amount in RMB; while some banks' dual-standard credit cards are recorded separately. The UnionPay channel is settled in RMB, and the ++ channel is settled in ++, so when repaying, you need to RMB foreign exchange purchase and repayment.

How to repay a credit card in U.S. dollars

If you want to use RMB to buy U.S. dollars to repay the U.S. dollar debt, the cardholder can call the credit card customer service number on the back of the bank card, transfer to manual service, and ask for activation You can use the RMB foreign exchange purchase function, or you can log in to the bank card personal center to activate the foreign exchange purchase function, then deposit RMB to buy U.S. dollars, and then use it to repay the U.S. dollar debt.

Foreign exchange purchases and repayments are mostly converted into RMB deductions based on the foreign exchange selling price on the day of repayment by the cardholder. The U.S. dollar fluctuates every day. Cardholders can choose to repay when the U.S. dollar weakens during the repayment period, which can save more money.

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How to repay a credit card bill in U.S. dollars

Take China Merchants Bank credit card as an example, there are the following three types Method:

1. Go to the counter to activate the self-service transfer function with the All-in-One Card and credit card. The All-in-One Card can directly purchase foreign exchange and US dollars, and directly repay the money manually through online banking.

2. If it is inconvenient to go to the counter, after purchasing U.S. dollars with one card, the credit card will be automatically debited.

You need to associate the bound account and purchase foreign exchange. You will need to contact the credit card center to see if the function of purchasing foreign exchange with a credit card needs to be turned off first. (If "cash" is set to be deducted every month when binding, you must select "cash" when purchasing foreign exchange in the future. The price of purchasing foreign exchange in cash and cash is the same)

3. Credit card activation purchase With the remittance function, one card can repay RMB.

Repayment by someone other than yourself: 1. The counter deposits US dollar cash to his or her credit card. 2. Handle remittance at the counter (remittance can only be made to immediate family members, and proof of relationship is required) 3. Let the other party activate the credit card foreign exchange purchase function, and you can just remit RMB.

Extended information

Repaying a US dollar account mainly depends on the settlement method of consumption. One is to settle all in RMB bills, and the other is to settle RMB and US dollar accounts separately.

1. Separate settlement for US dollar accounts

If the UnionPay channel is settled in RMB and the ++ channel is settled in ++, then when repaying, you need to repay the RMB exchange purchase. There are two main ways to repay:

1. You can call the credit card customer service number on the back of the bank card, transfer to manual service, and ask to activate the RMB foreign exchange purchase function.

2. Log in to the bank card personal center to activate the foreign exchange purchase function, then deposit RMB to buy U.S. dollars, and then use it to repay the U.S. dollar debt.

2. RMB settlement

When you make a purchase, it will be recorded at the exchange rate in RMB at the time of consumption. This is true regardless of the channel through which the card is swiped. This can be redeemed without ++ There is a fee, so when you repay the bill, the bill will be in RMB, and you only need to repay it as a normal credit card.

Reference material: China Merchants Bank Credit Card - ++Transaction Repayment

How to repay the credit card in US dollars?

For US dollar bills of China Merchants Bank credit cards, our bank currently provides a variety of repayment channels. You can choose the following method that suits you to handle US dollar repayments.

1. Automatic repayment of U.S. dollars:

China Merchants Bank can set the U.S. dollars on the all-in-one card account as automatic repayment to the credit card. Only cash or cash sub-accounts can be used as deductions. It mainly depends on whether your funds are usually in cash or foreign exchange accounts. Before setting up, please make sure that your foreign exchange purchase function for RMB and US dollars is turned off.

2. U.S. dollar transfer repayment:

① After logging into online banking, select the "credit card quick repayment → select U.S. dollar currency" option. This interface defaults to U.S. dollar cash.

② You log in to mobile banking and click "My → All → Transfer → Transfer Settings → Transfer Limit → Personal Transfer → Select Credit Card → Transfer Immediately → Select U.S. Dollar Spot Exchange as the Currency";

< p>③After you log in to online banking, click "Self-service transfer → Agreement account transfer → Transfer credit card → Select US dollar cash transfer → Transfer credit card.

Warm reminder: The repayment currency only supports RMB and US dollars.

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For U.S. dollar cash account repayment, you need to activate the transfer function of your own agreement account in advance

3. U.S. dollar cash repayment: You can bring your credit card, U.S. dollar cash and your identity document to attract investment across the country. Cash repayments can be made over the counter at any bank branch (except for corporate debt-bearing commercial cards), and there is no handling fee for repayment

4. Use RMB to pay US dollar bills (repayment by purchasing foreign exchange).

The credit card purchase and repayment function can be set up through the following channels:

①After you log in to Mobile Life, select "My → Check and Repay → Purchase and Repay → Function Switch"

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② After you log in to the public version or professional version, select "Repayment Management → Automatic RMB Foreign Exchange Purchase" - "USD Bill Foreign Exchange Purchase and Repayment Function Settings" and follow the prompts.

< p>③After logging into mobile banking, click "My → All → Credit Cards → Settings Management → Repayment Management → Automatic RMB Foreign Exchange Purchase"

(Response time: February 11, 2020, latest. For business changes, please refer to the official website of China Merchants Bank)

How to repay the US dollar transactions with CMB credit cards? There are three major ways to repay the money!

CMB’s credit cards have many types to meet different needs. Among them, more and more people are going abroad in recent years, so overseas consumption has become a big demand. Many people have applied for dual-currency credit cards of China Merchants Bank, so there will be US dollar transactions when spending overseas. It is quite easy to spend money, so how to repay the U.S. dollar transactions with China Merchants Bank credit card?

In fact, there are three situations for repayment of U.S. dollar transactions: Trade RMB into the account, use RMB to pay the US dollar bill, and use US dollars to pay the US dollar bill.

1. US dollar transaction and RMB into the account

This method of repayment is the simplest, because there is no payment. For US dollar bills, after US dollar consumption is automatically entered into the RMB bill according to the exchange rate, you only need to repay according to the normal credit card repayment method.

You can use this after activating the "++ consumption in RMB account" function. way to repay.

Setup method:

Log in to credit card online banking and click "Repayment Management" → "Automatic RMB Foreign Exchange Purchase" to activate.

2. U.S. dollar bill purchase and repayment

This repayment method is to use RMB to repay the U.S. dollar bill. You can choose to activate the "U.S. dollar bill purchase and repayment" function to activate Afterwards, your RMB repayments will be automatically converted into US dollars by purchasing foreign exchange, and priority will be given to repaying your US dollar bills.

Setup method:

Log in to credit card online banking and click "Repayment Management" → "Foreign Exchange Purchase and Repayment". You can also check the "automatic purchase of foreign exchange" function on the application form when applying for the card.

3. Use U.S. dollars to pay U.S. dollar bills

Debit card U.S. dollar transfer repayment: Available repayment methods include China Merchants Bank online banking repayment, mobile repayment and telephone repayment.

U.S. dollar cash repayment at business outlets: U.S. dollar cash repayment is available at all business outlets of China Merchants Bank (except Hong Kong). As long as you provide Credit Card++, anyone can repay your credit card (the repayer must show his or her ID card).

That’s it for everyone on “How to repay U.S. dollar transactions with China Merchants Bank’s credit card”. The basic methods are the above three. I hope it will be helpful to you after reading this.

This is the end of the introduction on how to repay US dollars spent on credit cards and how to repay US dollars spent on credit cards. I wonder if you found the information you need?