Credit and Debit Cards

What happens when you over pay on a credit card?


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Wiki User
2005-08-05 03:41:45
2005-08-05 03:41:45

When you over pay a credit card, you have then a "credit balance." This means, in essense, the credit card company owes you money. You can either have them send you a check to pay off the difference, or the credit balance will be eliminated when/if you use your card again.

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Related Questions

the credit card company sends people to get their money i would want to pay them.

Your credit card will be refused if you try to use it again. You first need to pay off at least some of what you owe so that you are back within your credit limit.

They say that I am in contract to pay for everything. They have my credit card and that's it. What can happen if the credit card on file is invalid?

Your credit card company. You should be able to call them and pay your bill/debt over the phone or be able to do it on the internet on your credit card company's website.

A credit card balance transfer happens when on person opens a new credit account in a different company and use it to pay off the debt in his or her old credit card.

The overpayment will sit on your credit card account until youeither use your card to pay for items and use up the overpayment or you claim it back from the credit card company.

Can I order a copy of my car title over the phone and pay with a credit card?

Yes - so long as you don't go over your own limit.

Yes you can get a credit card. Start with a secured credit card, then get a store card. Pay them off on time over 6 months and then apply for a real credit card. You'll get one if you pay it off every month.

This could damage your credit score. It will be harder for you to get credit cards or loans in the future.

It goes on the credit reports as a delinquencyAnswer:If you don't pay your credit card debt then to your creditor may take you to civil court and can get a judgment to hold your property. There are other penalty as well if you dont pay your credit card debt.

If you go over your I-tunes balance the credit card you have attached to that account will be charged. If there is no credit card attached to the account then you will have to pay your debt off with an I-tunes gift card that you can buy pretty much anywhere however Costco has the best value.

READ YOUR CREDIT CARD AGREEMENT If you fail to pay your credit card, you defaulted on the loan, it will go to a debt collection agency, and you can be taken to court by the credit card company, resulting in a judgment against you.

if you have money you have to pay for a credit card

Yes, you can pay your property taxes with a credit card.

One can pay credit card bills online by consulting with the website of their credit card company. Many companies offer an option to pay credit card bills online.

goodys credit card,is it a credit card are a line of credit at there department store

You can pay your credit card bill by sending a check into your credit card company. Some companies have online service options where you can pay right online.

Credit Card Pay off Use this calculator to see what it will take to pay off your credit card balance, and what you can change to meet your repayment goals.

Yes you can pay your credit card bill by another credit card. It is called balance transfers, you can transfer the balance of another credit card that has a high interest to a credit card that has a low interest. Hopefully this answers your question.

To have interest on a credit card bill, you must have not paid a bill in full. When this happens, on your next bill, it will inform you that you must pay your current bill, the remainder of your last bill, and a certain amount of interest.

The Debt goes to be paid by his estate, if there is no money to pay the debt it just bad luck for the credit card company.

You can pay your credit card bill by check through the mail, use your bank accounts bill pay system to pay electronically or use a debit card to pay by phone or on the credit card companies website.

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