There's no penalty for overpaying your credit card. There are no penalties if you've accidentally paid more than you owe, and there are laws in place that require issuers to refund your overpayment.Call the credit card company. It might still take a day or three to happen, but it'll be a painless process. Can I use my credit or debit card to pay my debt? No. At this time, the Department of Labor does not accept credit card or debit card payments. When you overpay your credit card, extra funds generally remain as a credit on your account. But there are more options you may consider. If you overpay your credit card, you can request a refund or keep the negative balance until you make new purchases. If you get some refund after you paid your credit card bill, that refund amount will be shown as Credit balance in the next statement.