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What does credit card payment mean? Do you deduct it when you repay? -Today's hot spot
Now many banks will propose credit card payment activities. When using a credit card, you can deduct a certain amount from credit card payment. What does this mean? Do you deduct money when you repay your credit card? Let's take a look.

In fact, credit card payment can be used to deduct the amount of consumption when cardholders pay for transactions with credit cards, and it is a reward given by banks to eligible cardholders. If you want to apply for a credit card, customers can participate in designated preferential activities, and many activities offer credit card rewards.

After receiving the credit card payment, it is directly returned to the credit card account and exists in the form of overpayment. If it is a credit card payment, then the consumption amount is deducted by credit card payment first, and the insufficient amount is deducted from the credit card; If you pay by installments, after the bill comes out, you will want to deduct the amount owed by installments, and the remaining arrears need to be repaid by the cardholder himself.