Tips for transferring money back and forth with credit cards

Tips for transferring money back and forth with credit cards. Almost everyone has a credit card. Credit cards can be overdrafted, and the credit card limit can be used repeatedly. As long as there is repayment in the account, the available credit limit of the credit card will be restored in real time. Here are the tips for transferring money back and forth on the credit card. Tips for transferring money back and forth with credit cards 1

Tips for recurring credit card repayments are as follows:

The repayment amount and the credit card swipe amount should not be close or the same

Each time the card is swiped, the last The best interval is more than 2 hours

Swipe the card on the same day and pay back the next day

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. After the billing date, you can pay off the credit card bill by cyclically swiping the card for repayment. However, you should pay attention to the technique of cyclically swiping and paying back cards, otherwise it will easily trigger the bank's risk control and cause the credit card to be reduced and blocked.

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

Many people always postpone the payment until the final repayment 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.

So when the final repayment date is approaching, many cardholders will make one payment, one payment, another payment, and another payment. So this repayment method is the easiest to be controlled by banks. With this kind of operation, it is easy for the bank to mistakenly think that you are "cash out".

Over time, it will cause risk control. When you transfer the card again, you will find that although the money has been put in, it cannot be swiped out. After checking, you will find out that the credit card has been used. Derated. 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: Each time you swipe your card, it is best to wait more than 2 hours

Everyone knows that if a credit card is reversed, it will cost a lot of money after repayment. The pen brushes out the funds. 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 three: 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". So whether it is a credit card or a debit card, the best credit card transfer money back and forth technique 2 is to swipe the card on the same day and pay off the next day

1. Multi-card recurring credit card repayment

For example Zhang San has two credit cards, both with a limit of 5,000 yuan. This month, card one has almost been used up, and card two has not been used. So when card one needs to be repaid, Zhang San only needs to withdraw the money from card two. Return it to Card 1, so that Card 1 can pay off the bill

And the bill of Card 2 has not yet expired. When the bill of Card 2 expires, you can then withdraw Card 1 and pay back Card 2, so that you can Make recurring repayments without worrying about running out of money.

When repaying through this method, you need to pay attention to one thing. It is best not to withdraw money directly from an ATM, as this will generate high interest. When withdrawing cash, it is best to use a POS machine. You can find some merchants to pay some handling fees to withdraw money. Generally speaking, this kind of withdrawal will cost about 40-70 for a handling fee of 10,000, but it is better than withdrawing money directly from an ATM machine. few.

2. Single-card recurring credit card repayment

This method does not require us to have two credit cards. We only need one card to make recurring repayments. We also use Zhang San’s example to analyze the operation process.

Zhang San has a credit card with a limit of 10,000 yuan. He has used 5,000 yuan and cannot pay it back on the repayment date. Then Zhang San will use the remaining 5,000 yuan limit when the repayment date is approaching. The 5,000 yuan that had been withdrawn before would not need to be paid back until next month. Zhang San paid the money back the next day, so that this month's bill would be paid off.

By doing this, you can prevent yourself from overdue repayments, maintain a good credit score, and repay in full every month without incurring any handling fees. The most important thing is that we do not need to pay you any fees. Repaying the loan when we have enough money can reduce our stress to the greatest extent.

However, you must be cautious when using this method. First, do not max out the card, so that you cannot use a single card cycle to repay. Second, do not use it frequently. Use it occasionally when you have difficulty in cash flow to avoid being discovered by the bank's risk control department.

Finally, I would like to remind everyone that even if we use the above two methods to pay off the credit card, you will still have to pay back the principal sooner or later. Don’t take any chances. It doesn’t hurt to do it occasionally, but often. Use may be subject to risk control, so remember this. Tip 3 for repaying money back and forth with a credit card

There are many tricks for repaying a credit card, you can choose the one you like!

1. You can use the first card to withdraw cash and pay back the second one Credit card, then use the second card to withdraw cash to pay off 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 back the 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, and the minimum for a single transaction is ten yuan. Most bank interest is calculated 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.

4. We would like to remind all users who use credit cards that they must not cause overdue payments when using credit cards. However, it is inevitable that such a phenomenon will occur. Some people may not have done it intentionally, but may have forgotten it. In this case, it is recommended to set up automatic repayment so that you can pay it back when it is due, without having to worry about overdue issues.