What is the difference between Yu’e Bao’s credit card repayments to myself and others? How much is the handling fee?

Using Alipay to repay credit cards and Yu'E Bao is a method that many cardholders choose. It is not only convenient and easy to operate, but you can also set up automatic repayment without worrying about it. However, Do you know that there is a handling fee for repayment using Alipay and Yu'E Bao?

Credit card repayment is Alipay's online credit card repayment service. You can use the available balance of your Alipay account, quick payment with card or online banking to easily repay your own or other people's credit cards across banks and regions. payment. Personal Alipay accounts are supported, but corporate accounts are not supported.

1. Yu’e Bao gives you free repayment on your credit card;

There is no handling fee, but it takes 2 hours to arrive in the account. If it is the last day of the repayment period, you have to transfer it early. Well, it’s best to set up automatic repayment on Yu’e Bao, which will automatically notify you 5 days in advance for automatic repayment (how to set up Yu’e Bao’s automatic repayment on credit cards? What are the benefits).

2. Yu’e Bao charges for repayment of other people’s credit cards.

Using your own Yu’e Bao to pay off other people’s credit cards can only be operated on the mobile client and is not supported on the computer yet. You can also use your Alipay balance to repay other people's credit cards on the computer or mobile phone. There is no handling fee when using a mobile phone, but there is still a handling fee when using a computer, with a minimum of 2 yuan and a maximum of 25 yuan per transaction.

Warm reminder: If the account name is the same as the repayment credit card account name, it means the repayment is for the person, otherwise it is the repayment for others (including the relationship between the credit card holder's name and the Alipay account name in traditional Chinese and simplified Chinese). There are still situations where there is actually one person but the account is recognized as two people, friends, please pay attention.

Which one has the higher handling fee, Yu'E Bao withdrawal or credit card repayment? Is there any handling fee?

The higher the handling fee for withdrawal. There are high handling fees for Yu'e Bao withdrawals and credit card repayments, but there is no handling fee for credit card repayments using Alipay. Yu'e Bao is a balance value-added service created by Alipay, a third-party payment platform. Through Yu'e Bao, users can not only get higher returns, but also consume, pay and transfer out at any time.

What is the handling fee for credit card repayment through Alipay?

Starting from March 26, 2019, service fees will be charged for credit card repayments through Alipay. Credit card repayments within 2,000 yuan will still be charged. There is no charge, only the excess amount will be charged a service fee of 0.1.

The basic free repayment limit of 2,000 yuan is issued on a natural monthly basis, that is, at 0:00 on the 1st of each month, and the unused free repayment amount of the current month is cleared at 23:59:59 on the last day of each month. The payment limit cannot be accumulated to the next month. If users need to increase their free quota, they can redeem it through Alipay membership points.

You can withdraw money from Yu’e Bao to your debit card, and then use online banking to repay the credit card for free. And if you use the money in Yu'e Bao to repay your credit card directly on the Alipay App, you must follow the new repayment rules, that is, there is no limit of 2,000 yuan, and the excess amount will be charged 0.1%.

Extended information:

Long before Alipay announced charges for credit card repayments, WeChat had already made two adjustments to its charging standards. In July last year, WeChat issued an announcement stating that starting from August 1, 2018, each WeChat credit card repayment will be charged at 0.1% of the repayment amount (the amount of the handling fee is calculated to two decimal places, with a minimum of 0 ．10 yuan).

Regarding the above-mentioned changes in the fee standard, WeChat explained that payment channel fees will be generated behind every repayment. In order to allow the majority of users to enjoy a partially free product experience, Tencent Tenpay has been Input costs are subsidized for handling fees. In recent years, with the rapid development of credit card repayment business, channel fee costs have also increased rapidly.

Like WeChat’s charge for credit card repayment, Alipay also stated on February 21 that the reason for the charge was “the rapid increase in comprehensive operating costs” and that the service rules for credit card repayment were adjusted to Reduce some cost pressure.

Alipay-Are there any fees for using credit card repayment service?

Can Yu’E Bao be repaid to a credit card?

Yu’E Bao can be repaid to a credit card. Alipay itself has the function of credit card repayment. (Alipay Apple 12, ios14, Alipay version 10.2.3)

The specific credit card repayment steps are as follows:

1. Open the Alipay wallet and click on credit card repayment.

2. Select the credit card to be repaid.

3. The amount due for the credit card will be displayed. If it is not displayed, you can manually enter the repayment amount, and then click Confirm Repayment.

4. Select the payment method, here choose Yu'ebao payment.

5. Click to confirm payment.

6. Enter the Alipay payment password. The repayment was successful.

1. The meaning of Yu’e Bao

Yu’e Bao is a balance value-added service and current fund management service product of Ant Financial, which was launched in June 2013. Tianhong Fund is the fund manager of Yu’e Bao.

Yu’e Bao is connected to Yu’e Bao Monetary Fund under Tianhong Fund, which is characterized by easy operation, low threshold, zero handling fee, and can be withdrawn and used at any time. In addition to financial management functions, Yu'e Bao can also be used directly for shopping, transfers, bill payments and other consumer payments. It is a cash management tool in the mobile Internet era. Yu’e Bao remains China’s largest monetary fund.

On May 3, 2018, Yu’e Bao was newly connected to two currency fund products, “Bosera Cash Income Currency A” and “China Europe Gunqianbao Currency A” owned by Bosera and China Europe Fund Company.

2. Credit card repayment fees via Yu’E Bao

From March 26, 2019, Alipay’s Yu’E Bao will charge a service fee of 0.1 of the repayment amount for credit card repayments. Yes, the minimum charge is 0.10 yuan. If you repay within the Alipay App, each person can enjoy a basic free repayment limit of 2,000 yuan per month, and a service fee of 0.1 will be charged for the excess. If you repay on the PC side of Alipay, there is no basic free repayment limit.

Credit card repayment is an online credit card repayment service launched by Alipay. You can use the available balance of your Alipay account, quick payment with card or online banking to easily make payments for yourself or others across banks and regions. Credit card repayments. Personal Alipay accounts are supported, but corporate accounts are not supported.

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That’s it for the introduction of Yu’ebao’s credit card charges.