The cardholder's prepayment behavior will make the bank think that the cardholder has low dependence on the credit card and is unwilling to make overdraft consumption, so it is difficult to increase the credit card limit in the future.

Early repayment means that cardholders give up the benefits of interest-free period, most of which is generally 50 days, which reduces the efficiency of the use of funds. During the interest-free period of interest-free repayment, the cardholder can manage the funds and obtain income, which is lower than the cost of prepayment.

Generally speaking, credit card prepayment will not have any impact on users, but it is not recommended for users to prepay because it is not cost-effective.

What does credit card repayment mean?

That is, on or before the payment date, the due balance of the current account is deposited into the bank card, and the payment amount is displayed on the interface of online banking or ATM machine. These generally appear, indicating that the banking system has not completed the settlement, and the system can complete the repayment after the automatic processing is successful.