The money deposited into the credit card is the overpayment. When using the credit card to make purchases, the overpayment will be used first, and the credit card limit will be used for the shortfall.

The so-called overpayment refers to the funds that credit card customers overpay when repaying or the funds stored in the credit card account. A certain amount of fees must be paid to withdraw the overpayment. This amount can increase the available limit of your credit card or be used directly for consumption repayment.

In fact, banks do not encourage cardholders to charge money to their credit cards because credit cards adopt a consumption-first-repayment model. Therefore, the bank stipulates that a certain handling fee will be charged for overpayment withdrawal. At the same time, the handling fees for withdrawing cash from credit card overpayments vary from bank to bank.

Extended information

Notes

Some cardholders mistakenly deposit money into their credit cards (there is no need to deposit money into credit cards, you only need to consume first and repay later) That's it). If you deposit money into your credit card before spending any money, you can't withdraw the money. If you want to withdraw it, you will be charged a high fee, so you should try to avoid it. No interest is accrued on overpayments.

Customers holding ICBC, China Construction Bank, and Bank of Communications credit cards do not need to pay handling fees when making overflow payments at local banks; and for some credit cards of Agricultural Bank of China and Bank of China, there is no handling fee when making overflow payments at local banks. .

Baidu Encyclopedia - Overpayment

Baidu Encyclopedia - Overpayment Withdrawal