How to cycle through several credit cards (debit cards)?

If the user has several credit cards (credit cards), he can change the repayment date of the credit cards (credit cards) by setting the billing date, so that the credit cards (credit cards) can be used repeatedly. For example, the current user has 4 cards, and the repayment dates of the 4 cards are set in the early, middle, and late ten days. In this way, the repayment times are separated, and the user can use the cards repeatedly.

Of course, the risk of overdue credit cards (credit cards) will also increase. Users are asked to apply for a credit card (credit card) based on their repayment ability and avoid excessive consumption.

Tips for recurring credit card repayments

The techniques for recurring credit card repayments are relatively simple. You can use the first card to withdraw cash, then use it to repay the second card, and continue to use the second card. Withdraw cash from the card and then repay the first credit card. This method is more advantageous. If there is a big gap between the cash withdrawal limits of these two cards, you can choose to pay back a few more times. There are some prerequisites for this. You need to stagger the repayment dates of the two cards and the bill dates, so that you can have enough time to operate.

1. How to repay the credit card on a recurring basis

For example, if you owe about 4,000 yuan on a bill, if the credit card has no money to repay it. You can use 2,000 yuan to repay the 4,000 yuan on the credit card, pay it for two days first, take it out on the second day, and then deposit it immediately. This is equivalent to completing two repayments. However, this process does not require any fees, but you should pay the corresponding cash withdrawal fees.

2. Will there be fees for recurring credit card repayments?

During the process of recurring credit card repayments, if cash withdrawals are involved, fees will be incurred, mainly handling fees. As for the procedures, How much it costs depends on what kind of credit card you have. It is generally around 1, and the minimum charge for a single transaction is about 10 yuan. The interest of some banks may be calculated from the second day, for example, based on 5/10,000. If it is 2,000 yuan, the interest is basically one yuan per day. Because credit cards do not allow you to repay another credit card through direct transfer, you can only choose this method.

3. What are the smart ways to make recurring credit card repayments?

In fact, you can choose the smart repayment method. This is the latest repayment method. As long as you As long as 5 to 10% of the funds are left in the credit card, the full repayment can be effectively realized immediately. One-click setup is relatively simple and convenient. In addition, it is also necessary to effectively set some repayment times based on the repayment amount. In addition, the number of repayments or the repayment amount can also be automatically managed.

Tips for credit card repayments

Tips for credit card repayments

Tips for credit card repayments. Nowadays, many people have their own credit cards. Credit cards The mobile phone can be overdrawn, and many times it is necessary to swipe the credit card to save money. If you swipe the credit card, you will always have to pay it back. If it is not repaid, it will have a great impact on us. Here we share the tips for repaying the credit card back and forth.

Tips for recurring credit card repayments 1

The tips for recurring credit card repayments are as follows:

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

It is best to wait at least 2 hours between each swipe of the card

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 may incur high interest due to the minimum payment, and even risk overdue payments.

Therefore, when the final repayment date is approaching, many cardholders will make one payment, one payment, another payment, and another payment.

This type of repayment is the easiest to be risk-controlled by banks. With this method of operation, it is easy for the bank to mistakenly think that you are "cash out". Over time, risk control will occur. When you reverse the card again, you will find that although the money is still in it, it cannot be swiped out. After checking, you will find out that the credit card has been reduced.

So during the card transfer process, it is best not to have the repayment amount and the credit card amount close to or the same.

Tip 2: It is best to wait at least 2 hours between each credit card swipe

Everyone knows that when a credit card is reversed, the funds must be withdrawn in multiple tranches after repayment. 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 3: 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". Therefore, whether it is a credit card or a debit card, it is best to swipe the card on the same day and pay back the next day.

In addition to the above tips, you also need to avoid making large deposits and withdrawals on credit cards, and fast in and out. At the same time, you also need to pay attention to whether the merchant using the card is a preferential merchant? For each card payment, whether points are credited to the account, etc.

To summarize: Tips for recurring credit card repayments are: 1. The repayment amount and the credit card amount should not be similar or the same. 2. It is best to wait more than two hours between each card swiping. 3. If you swipe the card on the same day, it is best to repay the card the next day. If you do the above, the probability of your credit card being risk controlled will be very small.

Tips 2 of back-and-forth credit card repayments

Credit card repayments are commonly known as "using cards to support cards". This method can help you solve your urgent needs in times of difficulty, but it is not Long term solution.

There are two ways to repay each other back and forth with credit cards. One is to repay the money after cashing out through certain means, such as using POS machines provided by some merchants to swipe the card (cash out);

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The other is normal cash withdrawal and repayment, that is, using a credit card to withdraw cash through a bank ATM, etc., and then depositing the withdrawn cash into another credit card for repayment.

When using two credit cards to repay each other, you need to pay attention to the following tips:

1. Credit card cash (cash) should not be too frequent. Credit card (cash-out) itself is illegal and involves legal risks, and using an intermediary to (cash-out) money may also leak credit card information and cause fraud;

2. It is best to repay as soon as possible after withdrawing cash from a credit card. Normal cash withdrawal and repayment of credit cards will accumulate cash withdrawal interest and handling fees, increasing the repayment cost;

3. There should be a certain interval between the repayment dates of two credit cards that repay each other to avoid overdue due to insufficient turnover. .

1.2 Use credit cards backwards

How to use two credit cards, this just means that one credit card is cashed and then used to repay the second credit card, and the first credit card’s The balance owed is charged to the second credit card, which will enter a cycle and allow for unlimited repayments.

Of course, there is no free lunch in the world, and two credit cards must be cashed back and forth at a high price. At present, the normal cost of cash withdrawal by credit card is relatively high. Banks in most areas generally charge a handling fee of about 1-3 for credit card overdraft withdrawal, no matter where they are.

Of course, if you want to withdraw cash, you need a handling fee to get cash through POS machines, etc. Interest will also accrue on the resulting transaction amount if it is not repaid in full by the repayment date.

2.2 Tips for lossless reversal of credit cards

First of all, when setting the billing date of a credit card, it is best to set it in the middle or late month, because there are accounts that need to be counted. For example, on May 2, Wang wanted to use his credit card to spend money to buy household appliances. He has two credit cards. The billing date of one credit card is 5 days, and the billing date of the other credit card is 15 days.

If he wants to fully enjoy the longest interest-free period of his credit card, he can do this: the invoicing date of card A is 5 days, then the repayment date is 25 days, and the interest-free period is May 2 23 days until May 25th.

However, the billing date for Card B is the 15th, and the repayment date is approximately the 5th of the next month. If the card is swiped on May 2, the money will be recorded in the current statement, and the interest-free period is from May 2 to June 5, which is about 33 days.

Based on this calculation, the consumption card B chosen by Wang is much more affordable than the consumption card A.

Tips 3 for back-and-forth credit card repayments

1. Multi-card recurring credit card repayments

For example, Zhang San has two credit cards, each with a limit of 5,000 yuan. This month, Card 1 has almost been used up, but Card 2 has not been used yet. So when Card 1 needs to be repaid, Zhang San only needs to withdraw the money from Card 2 and return it to Card 1, so that Card 1 can pay off the bill.

And the bill for Card 2 has not yet expired. When the bill for Card 2 is due, you can then withdraw Card 1 and pay Card 2. In this way, you can make recurring repayments without worrying about running out of money to repay.

One thing you need to pay attention to when repaying through this method is that it is best not to withdraw money directly from the cash machine, 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 cash. 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.

Credit card repayment skills: Credit card multi-card and single-card recurring repayment methods

By doing this, you can prevent yourself from overdue repayments, maintain a good credit report, and pay every month It is repayment in full and there will be no handling fees. The most important thing is that we do not need to repay when we have no money, which can reduce our pressure 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 are in difficulty to avoid being discovered by the bank’s risk control department.

Credit card repayment skills: Multiple credit card and single card recurring repayment method

Finally, I would like to remind everyone that even if we use the above two methods to pay off the credit card money, this You will have to pay back your money sooner or later. Don't take any chances. It doesn't hurt to do it occasionally. If you use it regularly, you may be risk-controlled. Remember this.

That’s it for the introduction of how to recycle credit cards.