What to do with the over-deposited money on the credit card

1. How to transfer the over-deposited amount on the credit card?

There are two ways to transfer the excess credit card balance.

One is to directly handle the cash advance business through the issuing bank’s credit card APP or online banking, etc., follow the prompts to enter the transfer amount, and provide the bank card account to be paid.

One is to call the card issuing bank’s customer service number and be transferred to a manual customer service, telling them that the excess money can be transferred, and providing the bank card account for the payment, so that the customer service can help transfer the money.

2. Notes on transferring out the excess credit card amount:

1) Transferring out the excess credit card amount is essentially an overpayment transfer, and it must be based on the credit card cash advance business. When it comes to charging handling fees, most banks charge 0.5 of the transfer amount per transaction, with a minimum of 5 yuan and a maximum of 50 yuan. However, there are also some card types that charge monthly cash advances for free.

2) When transferring the excess credit card amount, most banks can only transfer it to the savings card in your own name, and cannot transfer it to other people's bank cards;

3) Credit card When the excess deposit amount is transferred out, the arrival time will be subject to the payment behavior. If you want to get the account quickly, it is best to provide a debit card in your own name in the bank. After all, intra-bank transfers are very fast, usually the fastest. Can be credited in real time.

To sum up, there are two ways to transfer the excess credit card amount, but before transferring, you must understand clearly the handling fees involved in the transfer and the arrival time. If you find it troublesome, it is recommended to spend the excess amount directly by swiping your card.

A credit card is generally a special carrier plastic card with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 1 mm. The name of the card issuer, validity period, number, cardholder name, etc. are printed on the front, and there is a chip on the back. Magnetic strip, signature strip. Cardholders can use their credit cards to shop and spend money with special entities and deposit and withdraw cash from banks.

Main Features

Pre-deposit of cash is not encouraged, consumption first and repayment later, enjoys interest-free repayment period, can be repaid in installments (with minimum repayment amount), join VISA, International credit card organizations such as MasterCard and JCB are used globally.

It is one of the fastest growing financial services today and is an electronic currency that can replace traditional cash circulation to a certain extent.

Has both payment and credit functions. Cardholders can use it to purchase goods or enjoy services, and can also obtain certain loans from card issuers by using their credit cards.

It is a high-tech product integrating financial business and computer technology.

Can reduce the use of cash currency.

It can provide settlement services to facilitate shopping and consumption and enhance a sense of security.

It can simplify the collection procedures and save social labor.

Can promote product sales and social demand.

Repayment methods

The methods within the card-issuing bank include: card-issuing bank counter, ATM, online banking, automatic transfer, telephone banking repayment, etc. After repayment, the credit card limit will be restored immediately, and the payment will generally be credited to the account after the system processes it on the same day.

WeiBank POS mobile phone and WeiBank Tong POS mobile phone are a mobile financial system personal payment terminals that can be used to directly repay by swiping cards, as well as perform transfers and other services. Instant payment!

Transfer/remittance repayment is mainly divided into two methods: inter-bank inter-bank in the same city and inter-bank inter-bank in different places. Regardless of the method of transfer or remittance, the remittance bank will charge a certain fee. At the same time, the time it takes for the money to arrive and the convenience of repayment are not as good as intra-peer repayment, online repayment, convenience store repayment and other methods.

The more common domestic online platforms for online repayment include: UnionPay Online, Kuaiqian, Shengfutong, Alipay, Tenpay, etc. Depending on the platform and bank you choose, the charging standards and specific payment arrival time will be different.

This method of convenience store repayment is mainly completed through the "Lakala" smart payment terminal installed in the convenience store. Generally, the payment time takes 2 to 3 working days. At the same time, using this There is no handling fee for repayment.

Counter repayment counter refers to bank cards issued by various networked financial institutions, which can be used to conduct RMB current deposit and withdrawal transactions through the counters of other bank branches registered in the UnionPay exchange center host system.

The "Xinpaytong" smart credit card phone for repayment is an innovative electronic product independently developed by China UnionPay, certified by the Bank Card Testing Center, and supported by financial services provided by China UnionPay's inter-bank information exchange network.

Use "Repayment Tong" to make repayments, and the fees are generally charged according to the fee standards for intra-city inter-bank transfers and long-distance inter-bank remittances stipulated by the local People's Bank of China.

Other methods In addition to the methods mentioned above, card issuers have also opened their own unique repayment methods in order to facilitate cardholders' repayment.

How to withdraw the extra money you have deposited on your credit card

If you have extra money deposited on your credit card, you can go to an ATM or a bank branch to withdraw it.

You can save money with a credit card, but there is no interest on standard credit card deposits, and you need to pay a handling fee when you withdraw the money you deposited (this situation is called overpayment recovery).

For withdrawing excess payment, each bank has different standards for charging handling fees. The minimum fee ratio ranges from 0.5 to 3, the minimum basic fee ranges from 1 yuan to 30 yuan, and the highest cap fee It ranges from 50 yuan to 500 yuan. Some banks even only have the lowest fee, and the maximum fee is not capped. Cardholders need to pay a handling fee if they want to withdraw the extra money.

Extended information

The biggest difference between a credit card and an ordinary debit card is that a credit card can be used for consumption without deposit, and it also has an interest-free period of up to 56 days, while an ordinary debit card Debit cards require a certain amount of money to be deposited before spending. Credit cards can also be used for overdraft and cash withdrawal, but this is equivalent to expanding the issuance of base currency, so a handling fee is charged, which is called "overflow deposit" in banking terminology.

To put it simply, a credit card is a bank card for overdraft consumption. If you want to withdraw cash for free, you can use a debit card. However, like MAGGIE, if you first deposit a sum of cash into your credit card and then withdraw it, the credit card default is that the cash deposited can only be used for consumption or repayment, and the act of withdrawing cash is still regarded as an overdraft withdrawal

What should I do if I accidentally put too much money on my credit card?

In order to avoid incurring withdrawal fees, there are two options:

One is to spend the deposited money with the card without any additional fees;

The other 2. Cancel the card and withdraw the balance. What needs to be noted is the order of withdrawing the balance and canceling the card. For example, the customer service staff of China CITIC Bank said that if you withdraw the balance first and then cancel the card, you will also be charged a cash handling fee. The bank's charging standard is 2, with a minimum of 20 yuan per transaction, and there is a rule that the maximum withdrawal for a single transaction is 2,000 yuan.

If you deposit an extra 5,000 yuan and need to withdraw it in three installments, you will need to pay a handling fee of 100 yuan. If you cancel the card first and provide another bank's savings card account to transfer the balance out, there will be no handling fee, but you will have to wait 3 working days for the account to arrive.

Basic knowledge about credit card repayment:

1. Three credit card repayment methods

1. Full repayment

Billing date After the bill is issued, pay the bill amount in one lump sum - this is the best repayment method and requires a large amount of funds. For example, if the current bill is 50,000, 50,000 yuan of funds will be needed.

2. Installment repayment

After the bill comes out, repay the current bill in installments. Generally, it can be divided into 3-6-9-12-18-24 installments. etc. - This is a relatively simple repayment method with less repayment pressure, and requires a certain installment fee. The handling fees analyzed by each bank are different, generally around 0.7-0.8

And they need to be borne in each period (for example, if 10,000 yuan is divided into 12 periods, the handling fee rate is 0.72, the total ***The fee to be borne is 100000.7212 periods = 864 yuan)

3. Pay the minimum repayment amount

Each bank will give me a minimum repayment amount when issuing a bill Generally, it is 10% of the total amount. This is the least cost-effective repayment method and requires high interest payments.

The minimum payment only ensures that there is no overdue record on our credit report, but we need to pay interest on the full amount of the bill.

2. Billing date and repayment date

1. Billing day

It is the day when the bank settles, usually once a month, depending on the application time , the billing date of each card is different. The billing date is already set when the credit card is approved and cannot be set in advance. However, you can call the bank customer service to modify it after you get the card and activate it.

2. Final repayment date

Generally speaking, the last repayment date of each bank is the 20th day after the bill date. Some banks are different, such as Communications, ICBC It is 25 days after the billing date. Investment is open 18 days after the billing date. Just check in with the bank number of the card you have.

3. Full repayment

1. Pay off the bill in one go

That is, pay the total amount of the bill in one go before the final repayment date specified by the bank. Sex repayments will be credited to the corresponding credit card account.

2. Accumulated repayment in full multiple times

The bank does not require the current bill amount to be repaid in full at once. It can be repaid in multiple installments, as long as it is Just pay the full balance before the final repayment date. What does that mean?

For example, if the current bill amount is 10,000 yuan, the bank does not require a one-time repayment of 10,000 yuan. It can repay 10,000 yuan in multiple installments, such as 3,000 yuan at a time, 40,000 yuan at a time, and 2,000 yuan at a time. , pay back 1,000 at a time, and the total amount is 10,000.

Can I withdraw the excess money from my credit card?

Yes. If you have extra money on your credit card, you can withdraw it from an ATM or bank branch.

Generally speaking, you can save money with a credit card, but it is not recommended to use a credit card to save money, because there is no interest on standard credit card deposits, and you need to pay handling fees when you withdraw the money you deposit.

If you need to withdraw the overpayment, you can call the customer service hotline of the credit card center or go to the branch counter to transfer the extra money to the debit card; or withdraw cash through ATM machines and counters; if the credit card has been opened online Banks can transfer funds to other banks’ debit cards through online banking. Each bank's handling fee is different, and the daily limit is within 2,000 yuan.

Credit card product types:

According to different card issuers, they can be divided into bank cards and non-bank cards.

Bank card. This is a credit card issued by a bank. Cardholders can shop at the card-issuing bank's special merchants, and can also withdraw cash at any time at any branch of the card-issuing bank or at places with ATMs.

Non-bank card. Such cards can be specifically divided into retail credit cards and travel and entertainment cards.

Retail credit cards are credit cards issued by commercial institutions, such as department stores, petroleum companies, etc., which are specially used for shopping in designated stores or refueling at gasoline stations, etc., and are settled regularly. Travel and entertainment cards are credit cards issued by the service industry, such as airlines, travel companies, etc., used for purchasing tickets, meals, accommodation, entertainment, etc.

According to the different objects of issuance, it can be divided into corporate cards and personal cards.

Company card. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, national party and government agencies, military units, groups and other legal entities.

Personal card. Personal cards are issued to urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable sources of income. A personal card is applied for in the name of an individual and he/she bears all responsibilities for using the card.

According to the credit status, status and other credit conditions of the cardholder, it can be divided into ordinary cards and gold cards.

Ordinary card. Ordinary cards are issued to cardholders with average financial strength, credibility and status, and their various requirements are not high.

Gold Card. A gold card is a high-end credit card that pays high membership fees and enjoys special benefits. Cards are issued to those with higher credit standing, stronger repayment ability and credit, or those with a certain social status. The authorization limit of the gold card starts from a higher level, and the additional service items and scope are much wider, so the requirements for relevant service fees and security deposits are also relatively high.

According to different repayment methods, credit cards can be divided into credit cards and quasi-credit cards

Credit cards. When the card-issuing bank provides bank credit, it is first used as an overdraft, and then repaid or paid in installments. Most of these cards are used internationally. That is to say, the way that cardholders are allowed to pay off their credit card accounts without deposits is "spend first, deposit later". Most of these cards are used internationally.

Quasi credit card. It is a credit card issued by a bank that allows you to deposit money first and spend later. When applying for a credit card, cardholders need to deposit a certain amount of money in the card-issuing bank for backup. Cardholders need to use the deposit balance as a basis when using the card. Overdrafts are generally not allowed.

According to the different circulation scope of credit cards, they can be divided into international cards and regional cards

International cards. An international card is a credit card that can be used outside the country of issue and is accepted worldwide. The five major overseas groups (MasterCard, Visa International, American Express, JCB and Diners Club) issued MasterCard, VISACard, American ExpressCard and JCB respectively. (JCBCard) and DinersClubCard are mostly international cards.

Regional card.

A regional card is a credit card that can only be used within the issuing country or within a certain region. Most of the various credit cards issued by commercial banks in my country are regional cards.

What should I do if I have too much money in my credit card?

When the repayment amount on a credit card is greater than the amount owed, the extra part will be displayed as a negative number, which is the so-called overpayment. . 1. Overpayment is accumulated on the credit limit, and this portion will be occupied first the next time you consume; 2. When you withdraw the overpayment, you may need to pay a handling fee; when withdrawing overpayment from China Merchants Credit Card, you need to pay a handling fee, which is generally 1/transaction, minimum 10 yuan/transaction, some banks do not require handling fees.

There are three ways to solve the problem: 1. Call the customer service hotline of the credit card center or go to the branch counter to transfer the extra money to the debit card. Our bank's charging standard is 3. (minimum 5 yuan), customer service hotline transfers arrive in 3 working days, and counter transfers arrive in time; 2. Withdraw cash through ATM machines and counters, our bank's handling fee is 3, and the daily limit is within 2,000 yuan; 3. If you use a credit card After opening online banking, you can transfer money to other banks' debit cards through online banking. Our bank's handling fee is 1.5.

1. 1. If there is a UnionPay logo on a domestic credit card, it means that the card has joined the China UnionPay organization. Cardholders can withdraw cash at any ATM with a UnionPay logo. 2. Overseas, except Hong Kong, Macao and Taiwan. In many countries outside the country, the UnionPay system is not widely used, so most overseas cash withdrawals need to go through the channels of international card organizations. This depends on whether the card you hold is an international card. To identify international cards, it is easy to just look at the credit card except In addition to UnionPay, is there any logo of a credit card organization such as Visa or Master?

2. Main methods 1. Regarding the credit card cash withdrawal method, the cardholder only needs to log in to the bank’s credit card online banking, select the cash advance function, and then follow the prompts. The cash borrowed from the credit card can be withdrawn directly. It is relatively easy to access your personal debit card account. 2. Telephone cash advance means calling the bank's credit card customer service hotline and following the voice prompts to transfer the cash advance into your personal debit card account.

3. Main handling fees 1. Cash advance handling fee: Most banks have set a minimum handling fee. Cardholders should pay more attention before withdrawing cash. Interest rate of 50% per day.

2. Domestic bank cash advance handling fees of major banks: ICBC’s local bank has no handling fee; China Everbright Bank charges 2.5 yuan of the cash withdrawal amount, with a minimum charge of 3 yuan, a maximum of 200 yuan; Agricultural Bank of China charges 1 yuan of the transaction amount, with a minimum of 1 yuan; China Construction Bank The minimum cash withdrawal amount is RMB 10 and the maximum is RMB 500. Bank of China’s local bank has no handling fee. China Merchants Bank’s cash advance loan has a minimum charge of RMB 10 (the first transaction fee for city series credit cards is free). The Bank of Communications’ transaction amount is RMB 1. The minimum fee is RMB 5 per transaction (new standard), 2.5 of the transaction amount of Ping An Bank, the minimum fee of RMB 25 for each transaction, 0.5 of the cash withdrawal amount of Minsheng Bank, the minimum fee of RMB 1, 2 for Industrial Bank's cash advance, and the minimum fee is RMB 20 CITIC Bank charges 3 yuan for cash advance, the minimum fee is 30 yuan for the cash withdrawal amount of Shanghai Pudong Development Bank, the minimum fee is 2.5 yuan for the cash withdrawal amount of Guangfa Bank, the minimum fee is 30 yuan, and the minimum fee is 10 yuan.

What should I do if I have too much money in my Bank of China credit card?

The credit balance refers to the overpayment in the cardholder's card account, that is, the excess deposit. The credit balance cannot be used for installment payment and can be withdrawn through the Bank of China counter or ATM machine. There is no handling fee for withdrawal at the Bank of China card counter. If you withdraw money at an ATM machine, a cash withdrawal fee will be charged by default but no interest will be charged. There is no charge for local withdrawal of Great Wall Card. Cash withdrawal fees will be charged, and no interest will be charged for withdrawing excess deposits; for specific charging standards, you can call the Bank of China Credit Card Customer Service Hotline 4006695566 for detailed inquiries.

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

This is the end of the introduction about what to do with excess money saved on credit cards and whether it is good to save excess money on credit cards. I wonder if you found the information you need?