How much is the handling fee for credit card repayment via WeChat?

There is a handling fee for WeChat credit card repayment, and the handling fee is 1/1000 of the repayment amount.

Using the change in the WeChat wallet to pay off a credit card will incur a 0.1 handling fee, and there is no fee-free limit; using Yu’e Bao in Alipay to pay off a credit card, there is a monthly fee-free limit of 2,000 yuan, and the excess amount There is a 0.1 handling fee, so using Alipay to pay off a credit card is more cost-effective than using WeChat to pay off a credit card.

Extended information:

Alipay provides a free quota of 2,000 yuan per person per month.

In other words, there is still no charge for credit card repayments within 2,000 yuan, and only the excess will be charged a service fee of 0.1.

For example, if you want to repay a credit card of 3,000 yuan through Alipay in a certain month, first deduct the free limit of 2,000 yuan, and the service fee you need to pay is 10,000.1 = 1 yuan.

Starting from August 1, 2018, WeChat’s credit card repayment function has been adjusted. Except for WeChat WeChat Platinum and Gold members and users of the "Aiding Investment Plan" who successfully transfer 500 yuan or more per month, they can continue to enjoy free repayment. In other cases, credit card repayments through WeChat will be based on the repayment amount. A handling fee of 0.1 yuan is charged, and the minimum handling fee amount is 0.1 yuan.

Because Alipay has a free limit of 2,000 yuan for credit card repayments, no matter how much you repay, Alipay will be 2 yuan less than WeChat.

China Economic Net-Alipay also charges for credit card repayment

Is there any handling fee for WeChat credit card repayment?

Can it be waived? There is a handling fee for credit card repayment on WeChat, and the handling fee is charged at 0.1 of the repayment amount. If users participate in the "Salary Financial Management Plan" of Wealth Management and make a fixed investment of more than 500, they can make an appointment to repay the credit card for free. Platinum and gold members of WeChat Financial Management can participate in the "appointment repayment" function, and credit cards are free for these two membership levels.

Extended information:

Handling fee: the cost incurred during the service process. The term "Procedure" (English: ServiceCharge) is explained as "the procedure of doing things". For example, go through "borrowing procedures", "transfer procedures", "securities trading procedures" and so on. Therefore, "handling fee" can be explained as follows: a kind of labor compensation collected for handling related matters on behalf of others; or for the client, it is a corresponding remuneration paid for others to handle related matters on their behalf.

From a tax perspective, various agency fees collected by operators should be regarded as taxable income and paid value-added tax; the income after deducting relevant expenses must also pay corporate income tax. Another situation is when the tax department performs tax withholding and payment tasks. The withholding and payment fees obtained are tax-free income and do not need to pay business tax and other taxes.

There are two types of handling fees in the banking system: interest other than loans are collectively called handling fees. For example: interest arising from credit card installment repayment, interest arising from overdue credit card; cost of production incurred when handling business at the bank.

Industrial and Commercial Bank of China: The card application fee is 5 yuan, the annual fee is 10 yuan/year, and there is a small account management fee of 3 yuan/quarter for less than 300 yuan. There is no handling fee for cash withdrawals with debit cards of the same bank in the same city. Inter-bank withdrawals in the same city are 4 yuan/transaction; credit card deposits in other places are free of charge, and cash withdrawals are charged 1% of the amount, with a minimum of 1 yuan/transaction and a maximum of 50 yuan/transaction

Applicants for Chongqing Express Payment must be engaged in entities The merchants operating are divided into general merchants and small and micro merchants according to whether they hold a business license. The conditions and required documents are different between the two. Ordinary merchants must hold a business license. To apply for Chongqing Kuaipay, you need to provide a business license, ID card of the legal representative/operator, photos of on-site operations, and fill in the application form and other relevant information as required.

Small and micro merchants refer to self-employed households that are exempted from applying for business licenses according to relevant regulations, such as street stalls, tourist stalls and other small traders, as well as farmers engaged in individual or family planting and breeding. To apply for Chongqing Kuaipay, you need to provide the operator's identity document and on-site business photos, and also need to fill in an application form and other relevant information.

Is there a handling fee for using WeChat change to pay off a credit card?

There is a handling fee for using WeChat change to pay off a credit card.

A handling fee of 0.1 per repayment amount will be charged for repaying credit cards with WeChat change, with a minimum charge of 0.1 yuan per repayment. In other words, if you use WeChat change to repay a credit card worth 1,000 yuan, WeChat will charge a handling fee of 1 yuan. The more you pay back, the more you will be charged.

If you want to repay without any charges, you can use various banks’ online banking, mobile banking and credit card APPs to make repayments, which are basically free of charge.

Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when consumption, and repayment will be made on the billing date (BillingDate).

Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card in which the cardholder has a certain credit limit and can consume within the credit limit and then repay;

A quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve as required. When the reserve account balance is insufficient for payment, the card can be overdrawn within the specified credit limit. The so-called credit card generally refers to a credit card only.

Credit card 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.

Weiyintong POS mobile phone and Weiyintong 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.

Repayment Tong uses "Repayment Tong" to repay, 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.

This is the introduction to the introduction of credit card WeChat repayment.