If the customer pays off all the credit card bills, then if he doesn't use the credit card later, there is generally no money to repay. If there is a need to pay more money after credit card repayment, it is likely that the annual fee will be deducted in the future, so customers naturally need to repay the withholding annual fee.
In addition, it is also possible that the customer has not paid off all the credit card bills. In detail, the customer failed to repay in full before, resulting in no longer enjoying the interest-free period, so it also generated cyclic interest, while the customer only repaid the principal, and the interest has not been paid.
If it is overdue, it is useless to repay the principal. If the interest is not repaid, the delay will lead to more expenses to be repaid.
Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when consuming and will be repaid on the bill date.
Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay.
Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards usually refer to credit cards.
Credit card repayment method
In the issuing bank, this method includes: issuing bank counter, ATM machine, online banking, automatic transfer, telephone banking repayment, etc. After repayment, the credit card limit will be restored immediately, and the money will generally be recorded after being processed by the system on the same day.
Weizhong Bank POS mobile phone Weizhong Bank POS mobile phone is a personal payment terminal of mobile financial system, which can be used for direct credit card repayment and transfer. Arrive immediately!
Transfer/remittance repayment is mainly divided into two ways: inter-bank in the same city and inter-bank in different places. No matter how to transfer money or remit money, the remittance bank will charge a certain fee, and the payment time and repayment convenience are not as good as those of peers, online repayment and convenience stores.
Common online platforms for online repayment in China include UnionPay Online, Kuaiqian, Shengfutong, Alipay and Tenpay. The platform chosen is different from the bank, and the charging standard and specific arrival time are also different.
Convenience store repayment is mainly completed through the "Lacarra" smart payment terminal installed in the convenience store. Generally, it will arrive in 2~3 working days, and there is no handling fee for repayment in this way.
Counter repayment refers to the bank card issued by various networked financial institutions, and the RMB current deposit and withdrawal transactions are conducted through the counters of other bank outlets registered in the host system of UnionPay Trading Center.
Xinfutong Repayment "Xinfutong" smart credit card phone is an innovative electronic product independently developed by China UnionPay, certified by the Bank Card Testing Center and supported by the financial services provided by China UnionPay's inter-bank information exchange network.
Repayment Pass uses "Repayment Pass" for repayment, and the fees are generally charged according to the charging standards for inter-bank transfer in the same city and inter-bank remittance in different places stipulated by the local people's bank.
In addition to the above methods, the issuing bank has also opened its own repayment methods in order to facilitate the cardholder's repayment.
The credit card has never been used. Why should I return it? No, what else will happen?
Many card friends will encounter this situation. The credit cards they applied for have never been used, and some have not even been opened, so the bank will send a text message to ask them to repay. Many people may think that the liar directly ignored it, and the consequences can be guessed without saying that everyone can guess. Today, let's take a look at the reasons and solutions.
The credit card has never been used. Why should I return it?
There are two main situations that need to be treated differently.
1, the credit card has been charged.
It is not directly related to whether to use a credit card, because it is a rigid fee, and it must be paid as long as the credit card passes the verification. It mainly includes two kinds of fees, one is the annual fee for high-end cards, and the other is the subscription fee for special cards. The main reason for deduction is that it can provide different benefits from other credit cards, just like wool is on sheep.
Unless the bank collects fees indiscriminately, it must repay the loan on time. After the bill comes out, we will start to prepare the repayment money. It must be returned before the deadline of repayment date, and the grace period of the issuing bank cannot be exceeded at the latest. If you don't repay, it will be overdue, and you will have to charge a penalty interest, which will affect the credit investigation. Even if it is only a few tens of dollars, the bank will not be soft.
It was stolen by others.
The situation is very serious. It is said that acquaintances are more likely to commit crimes, because they can easily grasp the cardholder's information and have the opportunity to activate the card for theft. Some people may say that they didn't swipe their cards themselves, so there is no need to repay them. Having said that, don't forget that a credit card will only ask the cardholder to collect debts unless it can be proved that it is not my card.
The correct way is to call customer service to report the loss immediately after the credit card is found stolen, then go to the POS machine to operate the credit card for evidence collection, then call the police to the public security organ to get the report receipt, and mail the evidence of the non-personal card and the report receipt to the credit card center. After the bank confirms, it may not be necessary to repay.
Credit cards are useless. Why pay back the money?
The reason why the credit card is useless is that the bank will charge a certain annual fee after the credit card is activated, so there is a record of arrears on the credit card. After activation, most credit cards have to spend at least five times a year to avoid annual fees. Of course, if the credit card has not been activated, there is no need to pay the annual fee, so there is no need to repay if you don't use the credit card.
Credit card, also known as debit card, is a credit certificate issued by commercial banks or credit card companies to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.
The credit card stipulated in the relevant laws of our country (Interpretation of the Provisions of NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. 20 17 12 1, the English translation and writing standards for public services were formally implemented, and the English name of CreditCard was specified.
Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when consuming and will be repaid on the bill date.
Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards usually refer to credit cards.
From the date of 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.7 times of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate).
On May 25th, 2002/KLOC-0, the Supreme People promulgated and implemented the Provisions of the Supreme People on Several Issues Concerning the Trial of Civil Cases of Bank Cards.
The credit card has been paid off, why should I pay it back?
Because the minimum repayment amount is 65438+ 00% of the consumption amount plus other payables. So what remains is the amount to be repaid. After the credit card is used, you will receive the bank statement on the billing date. There are two amounts, one is the current repayment amount, and the other is the minimum repayment amount.
After spending the credit card, if it is beyond the repayment range of the payer, you can choose to repay with the minimum repayment amount, which will not affect your personal credit, but you can no longer enjoy the interest-free period after the minimum repayment.
1. Credit card repayment method
Common credit card repayment methods in China mainly include the following categories (according to the cost level):
1, repayment in the bank
The repayment methods mainly include:
Counter of card issuer, ATM, online banking, automatic transfer, telephone banking repayment, etc. After repayment, the credit card limit will be restored immediately, and the money will generally be recorded after being processed by the system on the same day.
2, mobile phone repayment
Mobile phone is a personal payment terminal of mobile financial system, which can be used for direct credit card repayment and transfer. Arrive immediately!
3. Convenience store repayment
Convenience store repayment, mainly through the smart payment terminal installed in the convenience store to complete the repayment. Generally, it will arrive in 2~3 working days, and there is no handling fee for repayment in this way.
4. Inter-bank transfer
Inter-bank transfer remittance repayment mainly includes:
Inter-bank in the same city and inter-bank in different places. No matter how to transfer money or remit money, the remittance bank will charge a certain fee, and the payment time and repayment convenience are not as good as those of peers, online repayment and convenience stores.
5. The counter is connected.
Counter link refers to the bank cards issued by various networked financial institutions, and the RMB current deposit and withdrawal transactions are conducted through the counters of other bank outlets registered in the host system of UnionPay Trading Center.
6. Other ways
In addition to these repayment methods, in order to facilitate the repayment of cardholders, the issuing bank has also opened its own repayment methods.
2. The credit card is overdue
The consequences of overdue repayment of credit cards are serious, so overdraft consumption should be moderate. Although the biggest feature of credit card is its overdraft function, it actually constitutes the loan relationship between customers and banks. Failure to repay at maturity may not only lead to law, but also bear high penalty interest. The most important thing is to form a bad credit record, which will adversely affect future work and life.
Consequences of overdue repayment of credit cards 1
After a credit card with high penalty interest defaults, the penalty interest fees usually involved are revolving interest fees and late fees. The essence of revolving credit is a small, unsecured loan with daily interest. If it is not fully repaid on the last repayment date, revolving credit interest will be generated on the next statement, and the interest needs to be calculated from the date when the consumption is recorded.
The full penalty interest means that even if the customer repays part of the money, the repayment part will not be deducted when calculating the penalty interest, and the interest expense is usually calculated at the daily interest rate of five ten thousandths.
The credit card is useless. Why do you want me to repay it?
Encounter this problem, the more common situations are:
Annual fee: After most CCB credit cards are activated, they must be used for a certain number of times to avoid the annual fee. Otherwise, if they are not used after activation, an annual fee will be charged. And if you do digital display dragon card, family love dragon card and diamond platinum card, it is mandatory to charge an annual fee. Even if it is not activated, as long as you get off the card, you need to pay an annual fee.
Advantages of credit card:
1. Cardholders can get goods and services without paying cash, which avoids the inconvenience and risks of consumers carrying a lot of cash and facilitates consumers to go out for shopping, business trips and travel.
2. Banks can use this as a means to win deposits from merchants and customers with credit cards, and charge a certain percentage of commission according to the total amount of advance payment.
3. Credit cards closely link the issuing banks, cardholders, special merchants and correspondent banks, forming a circular chain of creditor's rights and debts, and the establishment and development of this relationship depends on the credit provided by each other.
4. Cash is heavier and more complicated than credit card in area, weight and amount;
5. Cash is easy to be stolen and difficult to recover;
6. Defects in the check itself. First of all, the checkbook is not easy to carry. The weight of checkbook is 14 times that of credit card, while the volume is 1 1 times that of credit card. Second, checks are difficult to use across regions, mainly to prevent the risk of bad checks. The check guarantee service can only partially prevent the risk of bad checks, and the guarantee fee is high, generally 1%-2.2%, and the drawer with high risk even needs to pay as high as 5%.
7. The use of credit cards has promoted the development of ordering methods such as mail order, telephone shopping and online shopping. Before the advent of credit cards, people had to fill in orders and mail them with checks after obtaining the list of goods, which was very time-consuming. Credit card can greatly save transaction time and improve transaction efficiency.
8. When spending with a credit card, overdraft and a certain period of interest-free period are equivalent to applying for a short-term interest-free loan from the bank;
9. Credit cards don't need change, hehe, in fact, debit cards can also be swiped, but as far as the current situation is concerned, people are still willing to swipe their cards, because in general, debit cards are used for savings, while credit cards are used for consumption;
10, you can set up your own credit record, and you can enjoy certain discounts when dealing with banks in the future. Some related government policies are being introduced one after another. A good credit record will enjoy certain benefits in future financial services, but it is also limited.
1 1. It is still useful for me to cultivate a financial perspective. It's better to go to the bank once a month to pay back the money. There are consumption details on the bill to see what I spent this month and where I spent it.
If I don't have a credit card, why should I repay it?
The reason why the credit card is useless is that the bank will charge a certain annual fee after the credit card is activated, so there is a record of arrears on the credit card. After activation, most credit cards have to spend at least five times a year to avoid annual fees. Of course, if the credit card has not been activated, there is no need to pay the annual fee, so there is no need to repay if you don't use the credit card.
1. How to calculate the three-day grace period for credit cards?
The three-day grace period of a credit card refers to three days after the repayment date, for example, the repayment date is 10 and the grace period is1-13. However, the repayment period of each bank is different. The final repayment time of some banks is 23: 59 on the third day of the grace period, while the repayment time of some banks is between 17 and 2 1 on the third day of the grace period. If there are no special circumstances, it is best to repay on the repayment date. Even if you accidentally miss the repayment date, you should try to pay off your debts within the grace period.
Second, how much money will you go to jail after the deadline, that is, the starting fine for credit card arrears is 50 thousand yuan, and you won't go to jail below 50 thousand yuan; 2. Legal basis: Article 196 of the Criminal Law: Credit card crimes are committed in one of the following circumstances, and the amount of credit card activities is relatively large. Fixed-term imprisonment of not more than five years or criminal detention and a fine of not less than 20,000 yuan but not more than 200,000 yuan; If the amount is huge or there are other serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than five years but not more than ten years, and shall also be fined not less than 50,000 yuan but not more than 500,000 yuan.
If the amount is especially huge or there are other especially serious circumstances, he shall be sentenced to fixed-term imprisonment of not less than 10 years, fined not less than 50,000 yuan but not more than 500,000 yuan or confiscated property: (1) Using forged credit cards. (2) It's time to use invalid credit cards. (3) Use other people's credit cards. (4) It is a malicious overdraft. If the cardholder overdraws beyond the prescribed limit or time limit for the purpose of illegal possession, and fails to return it after two times of collection by the issuing bank for more than 3 months, it shall be deemed as malicious overdraft as stipulated in Article 196 of the Criminal Law.
This concludes the introduction of why credit cards must be repaid and why credit cards have been repaid. I wonder if you have found the information you need?