Why apply for a credit card?

Applying for a credit card is useful for some people. For example, those who spend a lot of money can temporarily help themselves and have the ability to repay the credit card; but for some people, it is not possible. It is not beneficial to use it, especially for excessive consumption!

The introduction of credit cards is a model for banks to make profits!

Why should you apply for a credit card? These points are key!

Although many people like to spend in advance, there are still many people who maintain a good habit of spending within their own ability. So for these people, credit cards are no longer needed. Woolen cloth? Today, let’s briefly talk about the reasons why you should apply for a credit card. If you are interested, you can learn about it.

1. Why should you apply for a credit card?

1. Unexpected needs: It is difficult to guarantee that there will be no unforeseen circumstances, so it is more convenient if you have a credit card in hand. You can swipe the card for daily necessities, food, housing, transportation and entertainment, and you can also enjoy various discounts. Furthermore, as long as you use it reasonably, you can not only get an interest-free period of about 50 to 60 days, but there is also no fee for normal repayment, and there is no loss to the user. And many banks have a policy of waiving annual fees for the first year, and waiving annual fees for the following year if you make XX card transactions.

2. Credit issues: It doesn’t mean that you are a high-quality customer if you don’t do any credit business. This kind of people are called “white households”. After white households, you want to apply for a car loan or a house loan. More difficult. After all, banks and financial institutions don’t know your repayment ability or your personal credit, so the hidden risks you need to bear are huge and they are likely to refuse to approve the loan. For ordinary people, buying a house or a car is usually through a mortgage. If the loan cannot be approved because of your white household status, it will be troublesome.

The above is the answer to "Why should I apply for a credit card?" I hope it will be helpful to everyone. In general, credit cards still play a very important role in our daily consumption and financial lives. Therefore, you can try to get one if you ensure that you have the ability to repay.

Why should I apply for a credit card? What are the benefits?

Many cardholders have always stayed away from credit cards, especially when they saw those "XXX overdrawn their credit cards and were unable to repay them and were sentenced to prison" "," and "someone came to apply for a credit card and the credit card was stolen" and other negative news, which makes people feel that they should not apply for a credit card.

In fact, credit cards are not a scourge. A large part of the reason for these negative news is due to problems with cardholders. It has nothing to do with the credit card itself. There is no need to reject credit cards.

You know, for many people, the advantages of holding a credit card outweigh the disadvantages. Let’s introduce to you why you should use a credit card and how to choose the right credit card.

Analysis of the three major benefits of credit cards:

1. Accumulated credit: People who have never dealt with a bank will have a blank record in the central bank’s credit reporting system. If you want to change this situation, start by using a credit card. As long as you apply for a credit card, swipe the card frequently and repay it on time, you can establish good personal credit, which will be very beneficial for handling bank-related business in the future.

2. Save money: Credit cards can be used for overdraft consumption, but don’t be blind when swiping your card. It is best to understand clearly what discounts you can enjoy with your credit card, so that you can save money by swiping your card. For example, if you apply for a Bank of Communications credit card, you can participate in the "Redtest Friday" event and get a refund of card swiping points by swiping your card in supermarkets.

3. Temporary emergency: For example, if your laptop is lost, you must buy a computer immediately because of work needs, but you have no savings. If you want to buy a computer, you can only borrow money from someone. If you have a credit card, you can swipe the card to buy a computer immediately, and you can also choose to repay in installments to relieve stress. All in all, having a credit card with a certain limit can make you more prepared when facing emergencies.

The benefits of credit cards are not limited to the above three points, so I will not introduce them one by one. You can experience them yourself during the process of using the card.

Why bank staff want you to apply for a credit card

There are four reasons.

First, issuance of credit cards is one of the main assessment indicators for banks.

Banking business mainly includes intermediary businesses such as deposit taking, loan granting and fund clearing. In fact, credit cards are the carrier through which banks issue small consumer loans and operate in the form of credit. Within a certain interest-free period, cardholders can enjoy loan repayment through bank advance loans. This not only satisfies consumers' short-term demand for small funds, but also allows banks to issue loans through multiple channels and expand sources of interest. It is essentially a win-win situation. For banks, the credit card market is attractive because of its low costs and high profits. Competition in the banking industry is becoming increasingly fierce. Many banks have not only issued card issuance targets, but also current deposit and installment settlement targets.

The second is about task indicators. Business points must break down the tasks assigned by their superiors and implement them step by step to each person. At this time, when depositors handle business, the teller will often recommend corresponding products based on the customer's situation, which is also a requirement of the service system; secondly, as a job, the teller must seize every possible opportunity to promote to the customer as soon as possible. Get the job done and avoid salary and bonus deductions.

The third is interest-related. According to the evaluation system, each branch will reward and punish its subordinate branches. In the end, their branches will reward and punish individuals and sell credit cards worth tens of yuan. This price is no different than piece rate wages on the factory floor. This is not surprising given the peculiarities of the banking industry.

Fourthly, for cardholders, there will be no economic loss regardless of whether they apply or not. People who love credit cards will definitely agree with the act of supporting teller marketing because they know the benefits that credit cards bring to them, such as emergency funds, gift rewards, discounts, and more. Although the credit card has not been activated or consumed, according to the credit card management regulations, the annual fee for ordinary credit cards is not charged. Special credit cards, credit cards with large credit limits, such as gold cards, platinum cards, etc., generally have a fixed annual fee. Regardless of whether it is activated or not, the number and amount of card swipes after activation can be exempted from the next annual fee, but the marketer will notify you in advance. You can completely reject anything you think is not suitable for you.

Many people think that credit cards have no annual fees and are interest-free, so go for it. In fact, banks make money in many ways.

That’s it for the introduction of why to apply for a credit card.