Does it matter if the credit card is repaid in multiple installments?
Credit card full repayment does not explicitly stipulate that it must be paid off in one lump sum, as long as the total repayment amount reaches the amount owed in the current period before the deadline of repayment date. As for the number of repayments, it is up to the cardholder to decide, and consumption will not be prohibited during the repayment process, so the cardholder can swipe the card while repaying, but the amount of swiping the card will be included in the next bill after the bill comes out.
However, in the process of repayment, there may be failures, because different repayment channels have restrictions on the number and amount.
1, for example, some people will repay on WeChat, and there is no limit to the number of repayments, but pay attention to the repayment limit. If it is for my repayment, the single limit of Shanghai Pudong Development Bank, Huaxia Bank, China Everbright Bank, Ping An Bank, Minsheng Bank, Industrial Bank, China CITIC Bank, Guangzhou Bank and Bank of Ningbo is 200,000, and that of other banks is 50,000. Repayment for others, 6,543,800 yuan per day.
2. Some people will choose the bank APP to repay, such as China Merchants Bank's Pocket Life APP repayment, which is supported by credit cards of our bank and other banks, and the repayment time and amount limit are different. If China Merchants Bank credit card is still used, the limit is 50 times per person per month, and the maximum repayment amount = credit limit-available limit+1 10,000 yuan; Credit cards of other banks can only be repaid five times a month, and the limit is not more than 1 10,000 yuan per day and 50,000 yuan per month.
Does it matter how many times the credit card is repaid? . In short, it is best to be clear about the repayment channels you choose and the restrictions on the number and amount of repayment. If you really don't know, you can call the issuing bank to consult bank customer service.