How to repay credit cards on a recurring basis

How to repay a credit card on a recurring basis

How to repay a credit card on a recurring basis. Many young people will choose to apply for one or more credit cards when they are short of funds. , the credit card limit can be used repeatedly. As long as there are repayments in your account, the credit card's available limit will be restored in real time. So how do you repay a credit card on a recurring basis?

How to repay a credit card on a recurring basis 1

Single recurring repayment skills

1. When using a credit card, you can spend money through relatives and friends, and you can let them Use your credit card to spend money, and then they will pay you back in cash, so

you can use the remaining money to pay off the credit card again. Although this method has certain risks, it is better for everyone to find friends whom they trust more.

2. In addition, you can also withdraw the remaining amount from an ATM machine. However, when using this method, you need to pay attention to the fact that there is a certain handling fee for withdrawing money from an ATM machine. Therefore, you have to pay the handling fee yourself for each recurring payment, otherwise it will cause an imbalance in the balance of payments during the transaction.

3. Use the POS machine to pay back the money. You need to pay attention to skills in this regard, otherwise it will be easily controlled by the bank's risk, and the card will be blocked and the limit will be reduced, which will outweigh the gain.

Tips for recurring repayments of multiple credit cards

1. You can use the first card to withdraw cash to repay the second credit card, and then use the second card to withdraw cash to repay the first credit card. . If the difference between the cash withdrawal limits of the two cards is too large, it cannot be completed at one time and will need to be done several times. Of course, one thing you need to pay attention to is that the repayment must be done between the billing date and the final repayment date of each card.

2. If you don’t have the money to repay, you can also use the method of allocating four thousand yuan. For example, use two thousand yuan to pay off the debt of four thousand yuan. Pay two thousand yuan first and withdraw it the next day. Deposit it immediately after you come out, which is equivalent to repaying 4,000 yuan, but the fees must also be paid back.

3. Regarding the handling fee, it depends on which bank the user's credit card is from. Basically, a handling fee of 1 is charged. The minimum for a single transaction is about ten yuan. Most bank interest rates are Counted from the next day. Because credit cards do not allow direct transfer to another credit card for repayment, this is the only way to repay.

The above can only be used when funds are tight. I would like to remind all users who use credit cards that when using credit cards, they must not cause overdue payments. However, it is inevitable that such a phenomenon will occur. Some people are not Deliberately, maybe I forgot. In this case, it is recommended to set up automatic repayment, and repay the loan after it is due, so you don’t have to worry about overdue issues~

How to repay a credit card on a recurring basis 2

Credit card recycling Tips for repayment: Use the first card to withdraw cash to pay off the second credit card, then use the second card to withdraw cash and pay off the first credit card. But you need to pay attention to the billing date and the final payment date. If there is no cash withdrawal limit, you can use one card to cash out (of course this is illegal and risky), and use another card to cash out the money in installments if no problems are discovered by the bank. The handling fee is basically 1, and the minimum for a single transaction is about 10 yuan.

Some banks start calculating the interest on the next day, and 0.05% is an interest of 1 yuan per day for 2,000 yuan. Because credit cards do not allow direct transfer to another credit card for repayment, this is the only way to repay, and of course you have to pay some money. If you pour 2,000 for one month, you will have to pay a handling fee of 20 plus interest of 30 each time, totaling a total fee of about 50 yuan.

Single recurring repayment skills:

1. When using a credit card, you can make purchases through relatives and friends. You can let them use your credit card to make purchases, and then they will transfer the cash. Pay it back to you so that you can cash out the remaining money and then pay off the credit card. Although this method has certain risks, it is better for everyone to find friends whom they trust more.

2. In addition, you can also withdraw the remaining amount from the ATM machine. However, when using this method, you need to pay attention to the ATM machine.

Notes on cash withdrawals by swiping cards:

1. Try not to use whole numbers when withdrawing cash, it is best to be accurate to tens or single digits.

2. Avoid emptying your card with 2-3 transactions per month.

3. The amount of cash withdrawal must conform to the consumption habits of the selected consumption.

4. Simulate normal consumption.

How to repay credit cards 3

Tip 1: The repayment amount and the credit card amount should not be close or the same

When many people repay their cards, they always have to Postponed until the final payment date. So at this time, time is very tight. If you do not pay off your credit card bills in time, you are likely to incur high interest due to the minimum payment, and even risk overdue payments. Therefore, when the final repayment date is approaching, many cardholders will make one payment, one payment, another payment, and another payment.

This type of repayment is the easiest to be risk-controlled by banks. With this kind of operation, it is easy for the bank to mistakenly think that you are "cash out". Over time, risk control will occur. When you reverse the card again, you will find that although the money is still in it, it cannot be swiped out. After checking, you will find out that the credit card has been reduced. Therefore, during the card transfer process, it is best not to have the repayment amount and the card swipe amount close or the same.

Tip 2: It is best to wait at least 2 hours between each credit card swipe

Everyone knows that when a credit card is reversed, the funds must be withdrawn in multiple tranches after repayment. The card maintenance technique is called small amount and multiple transactions, but since it is a reverse card, it is naturally not possible to make small amounts. But pay attention to the time interval between card swiping. If the two card swiping times are very close to each other, it will also cause risk control by the bank.

Especially when credit card merchants appear in other places. For example, the merchant address for your first credit card payment is in city A, and the merchant address for your credit card payment a few minutes later is in city B, and the two cities are hundreds of kilometers apart. So how do you explain it, can the bank trust it? Therefore, it is best to wait at least two hours between each time you swipe your card.

Tip 3: Swipe the card on the same day and pay back the next day

For example: the bill amount is 20,000, and the available limit is 10,000. I divided 4 transactions that day and got 10,000 out. If the 10,000 yuan is returned on the same day, it is likely to trigger risk control by the bank. At the same time, due to the rapid inflow and outflow of funds on your debit card, it is very likely that the bank will restrict "over-the-counter transactions". Therefore, whether it is a credit card or a debit card, it is best to swipe the card on the same day and pay back the next day.

In addition to the above tips, you also need to avoid making large deposits and withdrawals on credit cards, and fast in and out. At the same time, you also need to pay attention to whether the merchant using the card is a preferential merchant? For each card payment, whether points are credited to the account, etc.

To summarize: Tips for recurring credit card repayments are:

1. The repayment amount and the credit card amount should not be similar or the same.

2. It is best to wait more than two hours between each card swiping.

3. If you swipe the card on the same day, it is best to repay the card the next day. If you do the above, the probability of your credit card being risk controlled will be very small.

How to repay multiple credit cards of China Merchants Bank? It is important to clarify the order in which repayments are credited

China Merchants Bank’s credit card is relatively easy to apply for, and the card types are very rich, attracting many friends to apply for one after another, but they may not know when it comes to repayment How do I repay it? Do I just need to pay off one of the cards, or do I have to pay off each card separately? Here we will introduce the repayment matters for multiple credit cards of China Merchants Bank.

1. How to repay multiple credit cards of China Merchants Bank?

This is mainly determined by the credit card account, which can be roughly divided into two types of cards, one is a personal credit card account and the other is a separate account.

1. Personal credit card account:

Name all ordinary credit cards including supplementary cards. In this case, no matter how many credit card purchases are made, a total bill will be issued directly. When repaying, just pay back to any credit card. Even if some of the credit cards are canceled or expired, you can still receive the repayment.

2. Separate account:

Usually refers to some special card types, such as installment cards and merchant cards. These are opened separate accounts and must be processed separately for the corresponding accounts. Repayment.

2. How to record China Merchants Bank credit card repayments?

If you have made purchases on multiple credit cards under your name, and the forms of consumption are different, and the bills come out in different situations, you need to figure out the order in which the repayments are credited.

1. Repay the outstanding bill balance first, and then repay the outstanding bill balance;

2. The repayment amount is calculated based on the annual fee, interest, fees, and advance loan. The cash principal, transfer transaction principal, and card consumption principal are used to repay the accounts item by item.

Example: The bill date is the 5th, what is the bill amount on 4/5? 3000, consumption on 4/7? 1000, cash withdrawal on 4/8? 2000 (cash withdrawal fee? 20, cash withdrawal interest is included in 5/5's bill), 4/10 wants to pay off the cash withdrawal, what amount needs to be repaid at this time =? 3000? 2000? 20=5020

Do the repayments of multiple CCB credit cards have to be paid separately? Learn more about one-click repayment

Many card friends have opened multiple credit cards at the same bank. They only know that the credit limits are independent, but they don’t know whether to repay them separately. This mainly depends on each bank. How is it stipulated? Here we take China Construction Bank as an example to introduce the repayment methods of multiple credit cards.

1. Do the repayments of multiple CCB credit cards have to be paid separately?

CCB supports multiple credit cards, but each card has an independent account and separate bills, and usually requires separate repayments.

However, in order to facilitate cardholders' repayment, CCB has a one-click repayment function that can consolidate repayments for multiple credit cards. To put it simply, by choosing one-click repayment when repaying, you can repay the balances of multiple credit cards to any credit card under your name at the same time.

2. How to repay multiple CCB credit cards with one click?

Friends who want one-click repayment need to follow the "China Construction Bank" official account on WeChat, bind a credit card to the official account, and click "Credit Card - Billing/Repayment/Limit Management" in the bottom menu bar , after entering the repayment link and logging in, select "One-click repayment".

It should be noted that the one-click repayment of multiple credit cards of China Construction Bank will first offset all the outstanding debts of the selected credit card, and then the remaining funds will be transferred out through the mobile banking "Credit Card-Cash" ", transfer the repayment to other credit cards in your name.

If the repayment amount is only enough to offset the outstanding balance of the selected credit card, then other credit cards cannot be repaid, and each card needs to be repaid separately.

The above is the relevant introduction to "Do I need to pay off multiple CCB credit cards separately?" I hope it will be helpful to everyone. If you are still unclear about CCB credit card repayment, it is recommended that you call the CCB credit card service hotline and be transferred to manual customer service for help.

How to repay multiple Bank of Communications credit cards? These methods are free

Bank of Communications credit cards are very rich, each with its own unique rights and interests. For this reason, many cardholders have applied for multiple Bank of Communications credit cards and started to worry when repaying the loan, because more than A card has consumption. So, how to repay multiple Bank of Communications credit cards? Let’s take a look below.

How to repay multiple Bank of Communications credit cards?

Although Bank of Communications has multiple credit card limits, the accounts are independent. Each card will issue a separate bill after consumption, which requires everyone to remember the amount of repayment for each card. Then repay the amount to the corresponding credit card. If you repay it to another card, it may be overdue.

One thing to note here is that if you apply for a primary card and an additional card, the account after using the additional card will be credited to the corresponding primary card, and you only need to repay the money into the primary card account. Yes, supplementary cards do not need to be repaid separately.

By the way, we will introduce several free repayment methods for Bank of Communications credit cards

1. Repayment on Payba.com APP: It supports binding debit cards of multiple banks, and then transfers to Bank of Communications credit card repayment, in addition to zero handling fees, can also be credited quickly;

2. Automatic repayment by binding a card: You can bind a Bank of Communications credit card to a Bank of Communications or other bank debit card and activate automatic repayment. With the repayment function, the system will automatically deduct the payment every time the repayment date comes. As long as you make sure there is enough money in the debit card, you don’t have to worry about forgetting to repay.

3. Repayment through other bank channels: Commonly used mobile banking and cloud QuickPass APPs of various banks are all available for free repayment, and can be credited to the account in real time as soon as possible.

The above is the relevant introduction to "How to repay multiple Bank of Communications credit cards". I hope it will be helpful to everyone.

What are the repayment methods for holding multiple Bank of China credit cards?

Repayment method for holding multiple Bank of China credit cards:

If you hold multiple Bank of China main credit cards, please repay the corresponding amount according to the repayment amount shown on each card statement.

Warm reminder: If you have multiple credit card accounts, you can activate the combined repayment function, except for business card accounts. After activating this function, you only need to make repayments in any RMB account under your name to repay the RMB account under your name and all outstanding balances in the account.

The above content is for your reference, please refer to actual business regulations.

That’s it for the introduction of how to repay multiple credit cards.