What should I do if my credit card is overcharged?

Under special circumstances, you can get it back. In this case, please first call the customer service of the bank to which your credit card belongs to inquire. If it is not your consumption, you can raise an objection and get it back. Of course, this doesn't include your credit card being stolen. If it's stolen, you'll need to provide proof that you didn't spend it before you can get your money back. This is also to avoid moral hazard.

1. Methods to prevent theft and fraud

1. To apply for a credit card, you must go to a regular bank window to apply for it. After the credit card is stolen, you must report the loss in time.

2. You can deposit part of it into a fixed term or purchase other investment products. This can effectively reduce the risk of financial fraud on your credit card. It is best to check the bill information in a timely manner and when signing the card. Pay attention to whether there are two overlapping shopping lists; if the text message finds that the credit card has been stolen, whether there are duplicate items, etc., and then you need to reply within three days to minimize possible losses, thereby increasing the success rate of appeals. Especially during the process of filing a case.

3. In order to avoid the continuation of fraudulent transactions, the evidence of which transactions are not my own must be handed over to relevant personnel. This evidence will be very useful in the future. The cardholder should call the bank immediately and pay attention to protecting the security of the information when swiping the card on a daily basis.

4. You can limit the amount of consumption, activate the SMS notification service, and be able to keep track of the fund changes in your credit card account at any time. After reporting the loss of your bank card by obtaining evidence yourself, you can get in touch with the bank.

2. Reporting the loss of bank cards:

1. When a bank card is lost or stolen, the loss should be reported to the bank as soon as possible. Each bank has different requirements for reporting lost bank cards. Here are two requirements for your bank:

China Construction Bank: The phone number is 95533. When reporting the loss verbally, you need to check the card owner’s ID number, account opening date, balance and other relevant information. The validity period is 5 days. That is to say, the day when the loss is reported is the first day, and ends at midnight on the sixth day. After midnight on the 6th day, it will be automatically unblocked. I need to go to the account opening bank to report the loss in writing before midnight, and I need to bring my original ID card and other identity documents.

2. Bank of China: The phone number is 95566. Bank of China's debit cards all have corresponding passbooks, which are account savings that can be converted into one card, and there is no bank card loss reporting service. If you find that the bank card processed at this bank is lost, you can only report the loss of the passbook. When reporting a loss verbally, you need to check relevant information such as the ID number, the name of the bank where the account was opened, and the date of account opening. The validity period of verbal loss report is 5 days. When reporting a loss in writing, you need to bring the original ID card and fill in the application form for loss registration.

What to do if your credit card is overdrawn accidentally

1. You will be charged for overdraft on your credit card. It is indeed an industry rule to charge cardholders "over-limit fees", but the "over-limit fees" are clearly written on the credit card application form. Credit card information from banks in the city shows that each bank charges different proportions of “over-limit fees.” Some regulations are as follows: an over-limit fee of 5% will be paid for the excess amount; although the "over-limit fee" amount of some banks is 5%, it must start at least 5 yuan or 1 US dollar; some banks also specifically stipulate that the excess amount It will be paid off with the latest payment.

2. In addition, most banks also stipulate that cardholders cannot enjoy interest-free discounts if they exceed their overdraft limit. In other words, if you repay within the time specified by the bank, you do not have to pay interest on the credit card overdraft, but you will not be able to enjoy this discount for the overdraft portion, and you must pay 0.05% daily interest.

3. Note: when cardholders enjoy the benefit of interest-free repayment of credit card overdrafts, remember not to exceed the credit limit approved by the bank (i.e., the overdraft amount), otherwise the excess amount will not be eligible for interest-free repayment. interest repayment treatment, resulting in unexpected overdraft interest payments.

Credit cards, also called credit cards, are credit certificates issued by commercial banks or credit card companies to consumers with qualified credit. It takes the form of a card with the issuing bank's name, validity period, number, cardholder's name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially designated commercial service departments, and then the bank will settle the accounts with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

Credit cards stipulated in the relevant laws of our country ("Interpretations of the Standing Committee of the National People's Congress on Relevant Credit Card Regulations") refer to credit cards issued by commercial banks or other financial institutions with the functions of consumption payment, credit loans, transfer settlement , cash deposit and withdrawal and other full or partial functions of the electronic payment card. On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented, stipulating that the standard English name of credit cards is CreditCard.

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. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the prescribed credit limit. The so-called credit card generally refers to a credit card only.

Starting from January 1, 2021, the credit card overdraft interest rate will be determined independently by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of credit card overdraft interest rates will be cancelled. The daily interest rate is 0.7 times 5/10,000).

On May 25, 2021, the Supreme People’s Court issued and implemented the “Regulations of the Supreme People’s Court on Several Issues Concerning the Trial of Bank Card Civil Cases.”

What should I do if my credit card is maxed out? Learn these 3 remedies to ease your financial crisis

I have a friend named Xiaomi who just graduated. Xiaomi has just graduated and entered the society. Her monthly salary is around 4,000, but she has a lot to spend. In addition to eating, Xiaomi often goes out to play with friends. The total consumption is obviously not something Xiaomi can afford now.

At this time, Xiaomi thought of credit cards. Xiaomi bought a lot of things with a credit card. But with this credit card swipe, the already uncontrollable desire to consume becomes even more difficult to control. The road to using credit cards is getting out of hand, and if you are not careful, your card will be maxed out.

1. What will be the impact of maxing out the card?

1. Over-limit fee: If the accumulated credit limit used in a billing cycle exceeds the actual approved credit limit, the card is maxed out. In this case, the cardholder needs to pay an over-limit fee according to a certain proportion.

2. Arouse the risk control of the bank: The bank is an institution that is unwilling to take risks. If the card is maxed out for a long time, it will inevitably attract the attention of the bank. If you cannot repay your loan on time, the bank will definitely classify you as a risky user. Waiting for you will be derating and card blocking.

2. What should be done after maxing out the card?

1. Timely repayment: After maxing out the card, be sure to pay attention to timely repayment. Because once it is overdue, it will have a great impact on your credit report. Therefore, be sure to repay the loan promptly to avoid overdue payments.

2. Apply for a temporary limit: Credit cards have fixed limits and temporary limits. Generally, fixed limits are used for daily consumption, and temporary limits need to be applied for by yourself. The application for a temporary limit is also relatively simple. You only need to contact the customer service of the card issuer to apply, and it will usually be approved.

3. Use the minimum repayment: If you really can’t make it, you can also choose the minimum repayment. However, it must be noted that the minimum repayment carries interest. If you continue to use the minimum repayment, the repayment amount will increase, which will increase the repayment pressure. Therefore, it is better to use the minimum repayment method by increasing the one-time repayment amount and shortening the repayment cycle within your own ability.

Everyone dreams of buying something they like when they see it, but dreams are not reality after all. Consumption in real life requires us to conduct it according to our actual situation. Although advanced consumption can get us something to buy, it also brings with it a large amount of debt. Therefore, I still hope that everyone can spend rationally and not max out their credit cards.

This is the end of the introduction on how to remedy the problem of overpaying on your credit card.