Credit cards can be used to save money.

Credit cards can be used to deposit money into it, and the amount deposited into the credit card is called overpayment. A brief introduction to overpayment:

1. When withdrawing overpayment, some banks will charge a handling fee. The handling fee of Agricultural Bank of China is 1% of the withdrawal amount, and the handling fee of Industrial Bank and Ping An is 0.5%. , China, Industry and Commerce, Construction, Transportation, Minsheng, and China Everbright Bank waive handling fees when withdrawing from peers in the same city;

2. Overpayment is accumulated on the credit limit, and this limit will be used first when swiping the card for consumption .

3. There will be no deposit interest on the overpayment in your card.

Extended information

The advantages of credit cards are as follows:

1. No deposit is required to make overdraft purchases, and you can enjoy an interest-free period of 20-56 days No interest will be charged for on-time repayment.

2. Swiping your card when shopping is not only safe and convenient, but also provides points for gifts.

3. You can enjoy discounts when using the card at the bank's designated merchants.

4. Accumulate personal credit and add integrity records to your credit file, which will benefit you throughout your life.

5. It is accessible nationwide and you can withdraw money or make purchases by credit card at ATMs and POS machines with the UnionPay logo.

6. Spend by swiping your card, collect existing points with some credit cards, and enjoy various discounts and lucky draws throughout the year, allowing you to always be surprised by just using your card.

7. Free monthly mailing statements, allowing you to have a transparent grasp of every consumption expenditure.

8. The unique supplementary card function is suitable for couples to manage finances together or control their children’s financial expenditures.

9. The free choice of one card and dual currencies is available all over the world. Overseas consumption can be repaid in domestic RMB.

The 10.400 telephone number or the 5-digit short number starting with 9 is available 24 hours a day. Loss reports are effective immediately and there is zero risk of losing the card.

11. It is known that domestic credit cards are generally valid for three or five years.

12. Use third-party platforms for business cooperation and provide preferential services to cardholders.

Baidu Encyclopedia--Credit Card