The basic functions of credit cards are overdraft, credit card swiping, etc. In addition to these basic functions, there are also value-added services, such as redemption of points for prizes, free SMS notification, irregular lottery and so on. Value-added services of credit cards generally require a monthly payment of RMB 3 to 5 yuan.
Credit card, also called debit card, is a credit certificate issued by commercial banks or credit card companies to qualified 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.
2. The credit card stipulated in the relevant laws of China (Interpretation of the Provisions of the 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? . 20 17 12 1, the English translation and writing standards for public services were formally implemented, and the English names of credit cards were specified.
3. Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when spending, and it will be repaid on the billing day. 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 generally 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.
What does the value-added service fee of Bank of Communications credit card mean?
The value-added service fee of Bank of Communications credit card refers to the fee charged by Bank of Communications when users enjoy the relevant value-added services after ordering them in official website.
The value-added service of Bank of Communications' credit card is a specific service provided by Bank of Communications to credit card users except basic services, including automatic enjoyment, safe use of the card, worry-free use of the card, credit guarantee and credit guarantee.
1, automatic enjoyment: five types of short messages are provided free of charge, without signing a contract, and intimate reminders are automatically enjoyed, including application process short messages, bank transfer short messages, accounting reminder short messages, card service short messages and operation instruction short messages.
2. Enjoy with peace of mind: Learn about card use through SMS. Free SMS reminder for single consumption transaction above RMB 1500 (inclusive)/$ 1 00 (inclusive), and free SMS reminder for monthly bill1time.
3. Worry-free card use: instant transaction SMS reminder, plus 96-hour card theft protection. The service fee is deducted from 4 yuan/household/month by each household 12 yuan every three months.
4. Credit guarantee: an account SMS service that is automatically enjoyed by SMS to remind you of three repayments. Credit certificate is issued free of charge, with credit accident insurance. Service charge is 3 yuan/household/month, and 9 yuan/household will be deducted every three months.
5. Credit guarantee: send the available points reminder and the upcoming points reminder to the cardholder in the form of SMS, and attach two accident insurance. The charging standard is 6 yuan/household/month, which is deducted at the rate of 18 yuan per household every three months.
Extended data:
According to the terms and conditions of the Bank of Communications Platinum Credit Card Value-added Service Project
1. Value-added services include basic value-added services and optional value-added services. The specific service rules shall be subject to Bank of Communications Credit Card official website.
2. The basic value-added service is a service that all cardholders can enjoy, and its validity period is consistent with the annual fee cycle of Platinum Card. Some basic value-added services are limited in the period of validity. Please refer to the detailed terms and conditions of each service for details.
3. The enjoyment of optional value-added services must be ordered by the cardholder by paying extra fees in cash, and some optional value-added services can be ordered by deducting extra fees through points.
4. When the cardholder orders the optional value-added service, it is deemed that the cardholder authorizes Bank of Communications to deduct the corresponding additional fees from his platinum credit card account, and agrees to abide by the specific terms and usage rules of each service item in the process of using the optional value-added service.