The difference between Bank of Communications Y-POWER credit card and standard credit card
1. Annual fee
Y-POWER card: 80 yuan per year; first-year annual fee waived , swipe the card 6 times to waive the annual fee for the next year;
Standard credit card: regular card 80 yuan/year; gold card 120 yuan/year. The annual fee is waived for the first year, and the annual fee for the following year is waived by swiping the card 6 times.
2. Interest-free period
The interest-free period of Y-POWER card and standard credit card is 25-56 days. There is no need to deposit cash in the card. You can enjoy the payment after swiping the card. Enjoy the best consumer experience with an interest-free repayment period of up to 56 days.
3. Limit
The credit card limit is determined by the bank based on the card applicant’s own conditions and financial strength. For ordinary cards, the limit is between 1,000 and 10,000. Bank of Communications standard credit card gold card limit is between 1,000 and 50,000.
4. Points rules
The Bank of Communications Y-POWER card is the same as a standard credit card. You will earn 7 points for every US$1 you spend and 7 points for every US$1 you withdraw. You can use points to offset fees and earn points to share delicious food. . Y-POWER card points are valid for 2 years. Compared with credit card points policies that are valid for 3 years, 5 years or even lifetime, the points of Y-POWER card are valid for a very short period. You may not have enough points to exchange for your favorite gifts. Consider the issue of points being cleared upon expiration.
5. Cash Withdrawal
When withdrawing RMB cash within the Bank of Communications Y-POWER card, regardless of whether you travel across different banks or in the same city or in different places, the handling fee is as low as 5 yuan per transaction, and the cash withdrawal limit can be as high as the credit card limit. 100%. Standard credit card cash withdrawals from local peers, local inter-bank cash withdrawals, non-local peer cash withdrawals, and remote inter-bank cash withdrawals are 1% of the transaction amount. The minimum charge is 10 yuan and the maximum charge is 500 yuan. The cash withdrawal limit of a credit card is generally 50% of the credit limit.
6. Repayment
Whether you use Y-POWER or Bank of Communications standard credit card at home or abroad, you can choose to repay in RMB in the end, eliminating the need to exchange foreign currency for consumption abroad. Trouble comes. Various repayment methods save time, effort and worry, allowing you to spend with ease with one card in hand.
What is the difference between the white card and the black card of Bank of Communications Y-POWER credit card?
There is no essential difference except that the colors of the cards are different. The business functions and credit limits are the same. Y-POWER Credit Card is a dual-currency credit card specially created by Bank of Communications for young people. It has ultra-low cash withdrawal fees and ultra-high cash withdrawal limit, making it easy to save money in emergencies. Card features: Y-POWER has two unique card surface designs: Force Black and Vibrant White. Choose your own attitude and show off your splendor. Y-POWER, possible becomes possible. Y-POWER gives you strong backing, and strong strength comes from the heart. Application conditions: Main card applicant qualifications: Any individual who is over 18 years old, has full capacity for civil conduct, has a legal and stable source of income, and has good credit standing can apply for a personal credit card with our card issuer with his or her valid identity document. Main card. Supplementary card applicant qualifications: The principal cardholder of a personal card can apply for an supplementary card for the designated natural person who has full capacity for civil conduct or is over 15 years old and has limited capacity for civil conduct. Applicants for supplementary cards are under 18 years old. , must obtain the consent of its legal representative. The principal cardholder shall bear all debts incurred by the supplementary card.
Bank of Communications credit card comparison of Y-POWER card and standard credit card PK
As a well-known credit card brand in China, Bank of Communications has a relatively low application threshold, fast card approval, and many banking activities And it's powerful. Today I would like to introduce to you two Bank of Communications credit cards: Y-POWER card and Bank of Communications standard credit card. Let’s make a simple comparison in terms of card application, limit, annual fee, rights, points, etc. If it meets your needs for a card, you can apply for one. .
Application for Bank of Communications Credit Card Comparison
Y-POWER Card: Any individual with full capacity for civil conduct and legal income can apply with his/her valid identity document (including ID card, military officer card, police officer card, pass, return permit, passport, etc.) to the card issuer to apply for a personal master card. That is to say, as long as there is income and no bad personal credit record, the application conditions are met.
Standard credit card: The application threshold for applying for a standard credit card is also very low. The applicant only needs to be over 18 years old, have a stable job and income, and have a good personal credit record.
If you are applying for a gold card, you need to submit additional financial proof, such as real estate certificate, vehicle driving license, deposit receipt, etc.
Bank of Communications Credit Card Credit Card Limit Comparison
The credit card limit is determined by the bank based on the applicant’s own conditions and financial strength. For ordinary cards, the limit is between 1,000 and 10,000. , if it is a Bank of Communications standard credit card gold card, the limit is between 1,000 and 50,000.
Annual Fee Comparison of Bank of Communications Credit Cards
Y-POWER Card: 80 yuan per year; first-year annual fee waived, swiping the card 6 times to waive the annual fee for the following year.
Standard credit card: regular card 80 yuan per year; gold card 120 yuan per year. The annual fee is waived for the first year, and the annual fee for the following year is waived by swiping the card 6 times.
Bank of Communications Credit Card Comparison: Benefits
Y-POWER Card: This card has two card surface designs: Force Black and Vibrant White, for cardholders to choose freely. This card is designed for young people. It enjoys the benefits of earning points by swiping the card. You can choose a password + signature method for card protection. Any overseas consumption can be easily repaid in RMB. In addition, you can enjoy an interest-free period of up to 56 days.
Standard Credit Card: Bank of Communications Standard Credit Card provides comprehensive credit card financial services, real-time short interest reminders for each transaction, allowing you to use the card with peace of mind; in addition, password signature, free choice; longest interest-free repayment period It can last up to 56 days; it has many preferential plans such as "Living Life" and "Exclusive Advantages", allowing you to enjoy the endless fun of swiping your card.
Bank of Communications Credit Card Points Comparison
As the two most popular credit cards of Bank of Communications, Y-POWER card and standard credit card share the Bank of Communications points promotion, with 5 times the points on your birthday. , 10 times points for overseas consumption, etc. Earn points to offset expenses and share delicious food, allowing you to have endless fun.
Can Bank of Communications Y-power credit card be used in Japan
Yes. Y-POWER can be used wherever there is a Visa/Plus, MasterCard/Cirrus or China UnionPay logo.
Fees:
1. Overseas UnionPay cash withdrawal: 1% of the transaction amount, the minimum fee is 15 yuan;
2. Overseas non-UnionPay cash withdrawal: transaction amount 1% of the transaction amount, the minimum charge is US$3, and the maximum charge is US$30;
3. Overseas emergency cash withdrawal: 1% of the transaction amount, the minimum charge is US$3.
Extended information:
For non-cash transactions (cash advance or transfer), Bank of Communications is interest-free for the period from the bank accounting date to the due repayment date. Repayment period. The interest-free repayment period is as short as 25 days and as long as 56 days.
During this period, as long as you pay off the current period's repayment amount (total amount owed) in full on the current period's statement, you will not have to pay any interest on the funds advanced to the store by the bank for non-cash transactions. (Cash advance loans do not enjoy interest-free discounts).
The minimum repayment amount means that if the cardholder has difficulty repaying all the amount payable before the due repayment date (inclusive), he can repay according to the minimum repayment amount stipulated by the card issuer, but he cannot Enjoy the interest-free repayment period, and the minimum repayment amount is 10% of the consumption amount plus other various payables. The minimum payment is listed on the current bill.
Minimum repayment amount = 10% consumption balance + 10% cash withdrawal balance + interest balance + balance of other payable fees + the unpaid portion of the minimum repayment amount of the previous period
Bank of Communications uses revolving credit Interest Calculation Method. Revolving Credit: A revolving credit is a small, unsecured loan with daily interest. You can decide the repayment amount according to your own financial situation every month before the due date of the current credit card bill.
When the amount you repay is equal to or higher than the minimum payment amount of the current bill, but lower than the amount due in the current period, the remaining deferred payment amount is the revolving credit balance. Revolving credit is a very convenient loan tool that not only allows you to enjoy the convenience of swiping a credit card, but is also a good choice for easy financial management. If you choose to use revolving credit, you will not be able to enjoy the interest-free repayment period in the current period.
Baidu Encyclopedia - Bank of Communications Y-POWER Black Card
Baidu Encyclopedia - Bank of Communications MasterCard Y-POWER Credit Card
How to apply for Y-POWER Credit Card
, Bank of Communications Y-POWER credit card is the easiest to apply for among the credit cards issued by Bank of Communications. College students who have just graduated and just started working, and professionals who have stable jobs who have never held a credit card can apply for it as long as there is no big problem in their credit report. If you have any questions, fill out the application form truthfully and it will basically be solved.
Y-POWER credit card application conditions:
1) Aged between 18 and 30 years old, with full capacity for civil conduct;
2) Have a college degree or above Above degree;
3) Good credit record;
4) Have stable job and legal source of income;
5) Meet other conditions of Bank of Communications.
Bank of Communications credit cards can be applied for through multiple channels, and this Y-POWER credit card is no exception. Compared with traditional bank counters, applying for a Bank of Communications Y-POWER card online is convenient and fast. You only need to complete the application through a computer or mobile phone, eliminating the trouble of going to the bank to pick up a ticket and queuing up to apply for the card. Applicants who meet the above conditions can submit relevant materials to apply through various channels such as business outlets, Bank of Communications official website, WeChat and third-party platforms. Taking a comprehensive view of various application channels, online application or third-party platform application will be much faster to apply for the card. If you want to apply for the card smoothly, it depends on your qualifications; over-the-counter application users can submit more supporting documents to the bank. , the card placement success rate and approved credit limit are relatively high.
How to apply for a Y-power credit card at the Bank of Communications
Just go to any Bank of Communications branch to fill out the Y-POWER credit card application form, copy your ID card, and submit it to the Bank of Communications staff. , and then it will be issued after SMS notification and phone call verification, which will only take about 20 days.
Applicant qualifications for supplementary card: The principal cardholder of the personal card can apply for an supplementary card for the designated natural person with full capacity for civil conduct or a natural person with limited capacity for civil conduct who is over 15 years old. Card applicants under the age of 18 must obtain the consent of their legal representative. The primary cardholder shall bear all debts incurred by the supplementary card.
Bank of Communications Y-power credit card application conditions: possess the National Education Commission Recognized college degree or above, and a stable job.
Many banks in China have successively cooperated with international bank card organizations such as VISA and MasterCard to launch bank cards with RMB and US dollar settlement functions. In China, RMB settlement can be realized through UnionPay. For settlement, after going abroad, you can spend and withdraw cash at merchants and bank ATMs that support VISA or MasterCard, and the settlement will be in US dollars.
Extended information:
Y-POWER Credit Card is a dual-currency credit card specially created by Bank of Communications for young people. It has ultra-low cash withdrawal fees and ultra-high cash withdrawal limit, making it easy to save money in emergencies.
When using a card, when the amount you repay is equal to or higher than the minimum repayment amount of the current bill, but lower than the amount due in the current period, the remaining deferred repayment amount is the revolving credit balance .
Credit cards can be classified in many ways. In terms of currency, they can be divided into single-currency cards and dual-currency cards. In China, we can be more precise, that is, currency cards They can be divided into dual-currency cards and RMB cards, and dual-currency cards generally refer to the two currencies of US dollar, RMB or Euro and RMB.
Baidu Encyclopedia - Bank of Communications MasterCard Y-POWER Credit Card
Baidu Encyclopedia - Dual Currency Credit Card
This is the introduction to ypower credit card and the initial limit of ypower credit card It's over. Did you find the information you need?