The advantages and disadvantages of applying for a credit card are as follows:

1. Advantages of a credit card:

1. You can overdraft consumption without deposit, and you can enjoy 20- 56 days interest-free period. 2. When you swipe your card when shopping, you will receive points as gifts. 3. You can enjoy discounts when using the card at the bank's designated merchants. 4. Accumulate personal credit and add integrity records to your credit files. 5. You can withdraw money or make purchases by swiping your card at ATMs and POS machines with the UnionPay logo. 6. Some credit cards can collect existing points. 7. Free monthly mailing of statements. 8. The supplementary card function allows you to manage finances at the same time and control your children's financial expenditures. 9. One card with dual currencies, overseas consumption can be repaid in domestic RMB. 10. 24-hour service hotline, loss report takes effect immediately. 11. Cooperate with third-party platforms to provide cardholders with preferential services.

2. Disadvantages of credit cards:

1. Credit cards can easily lead to over-consumption. 2. Credit card annual interest rates are higher. 3. Credit card debt can cause mental stress. 4. If your credit is not good, the cost of borrowing money will be higher, and you may even be unable to borrow money.

Currently, all major banks support credit card processing, such as Industrial and Commercial Bank of China, China Construction Bank, China Merchants Bank, etc. You can apply for credit cards at each bank's mobile banking APP, online banking and business hall branch counters.

Many people often apply for emergency loans when they have difficulty with cash flow in their lives. Baidu has money to spend: Du Xiaoman's small credit loan has a maximum limit of 200,000, a maximum loan period of 24 months, and an annual interest rate as low as 7.2. The specific interest rate is shown on the loan page. You can borrow and repay flexibly at any time, apply for the whole process online, and there is no guarantee or mortgage. Submit the application and get the result within a few minutes. Once approved, you can get the money on the same day.

Reference: Du Xiaoman Youqianhua official website

The levels of credit cards are arranged from low to high and can be roughly divided into: regular card, gold card, platinum card and unlimited card. Among them, regular cards and gold cards are more common. Generally, the limit of a regular credit card is RMB 3,000-10,000; the limit of a gold card is around RMB 10,000-50,000.

Ordinary cards are issued to cardholders with average financial strength, credibility and status, and their various requirements are not high.

The gold card is a high-end credit card that pays high membership fees and enjoys special benefits. Cards are issued to those with higher credit standing, stronger repayment ability and credit, or those with a certain social status.

The authorization limit of the gold card starts from a higher level, and the additional service items and scope are much wider, so the requirements for relevant service fees and security deposits are also relatively high.