1. ICBC Endeavor Credit Card. ICBC has no time tolerance. If it is overdue, a credit report will be filed. However, this credit card has a three-day repayment period, giving some careless people a certain time to repay. Moreover, ICBC has many branches, and there is no handling fee for swiping cards abroad.
2. Agricultural Bank of China Pretty Mom Credit Card. This credit card is more suitable for mothers, as it offers discounts when buying things for yourself and your children.
3. Bank of Communications Wal-Mart Credit Card. This is a co-branded card. Housewives who love shopping and going to supermarkets can choose this credit card. They can enjoy double points when shopping in supermarkets. The points can be redeemed for more gifts. The card types are mostly for leisure and entertainment, major supermarkets, Shopping cards for electrical appliance stores, car dealerships, etc.
4. China Merchants Bank Young Card. The YONG card has a higher credit limit. After all, it is a commercial bank. The card application procedure is simple and the threshold is low. However, as long as you apply online, a salesperson will come to your door. If you are not working, it will be difficult to apply for the card. But for young white-collar workers who have just started working, Still quite good.
And the benefits are relatively good, such as double points in the birthday month, no handling fee for the first cash withdrawal every month, a sign-up gift for 3 transactions upon opening the card, and many other promotions. But it is a young card after all and can only be applied for by people under 30 years old.
The requirements for Alipay credit card application are not high, unlike banks, which have strict credit conditions for applicants. Therefore, those with average credit conditions can apply for a card through Alipay.
According to Article 7 of the "Regulations on the Supervision and Administration of Credit Card Business of Commercial Banks": A credit card refers to a credit card that records cardholder account information, has bank credit lines and overdraft functions, and provides cardholders with relevant banking services. All types of media. [18]
Credit cards stipulated in the relevant laws of our country ("Interpretation of the Standing Committee of the National People's Congress on Relevant Credit Card Provisions") refer to consumer payment and credit loans issued by commercial banks or other financial institutions. An electronic payment card with full or partial functions such as transfer settlement, cash deposit and withdrawal, etc.
On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented, stipulating that the standard English name of credit cards is Credit Card.
Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when consumption, and repayment will be made on the billing date.
Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the prescribed credit limit. The so-called credit card generally refers to a credit card only.
Starting from January 1, 2021, the credit card overdraft interest rate will be determined independently by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of credit card overdraft interest rates will be cancelled. The daily interest rate is 0.7 times 5/10,000).
On May 25, 2021, the Supreme People's Court issued and implemented the "Regulations of the Supreme People's Court on Several Issues in the Trial of Bank Card Civil Disputes".
Application method
In most cases, citizens who have full capacity for civil conduct (citizens over 18 years old in mainland China) and have certain direct financial resources can issue cards to Apply for a credit card. Sometimes, legal persons can also be applicants.
Applicants for credit cards can be divided into units and individuals. Applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal person status in my country.
Each unit applying for a credit card can receive a main card and multiple (5-10) supplementary cards as needed. To apply for a credit card, an individual must have a fixed occupation and a stable source of income, and provide a guarantee to the bank. The forms of guarantee include personal guarantee, unit guarantee and personal capital guarantee.
The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his/her basic information, etc.
And submit certain copies of documents and certificates to the card issuing bank. After the customer fills in the application form truthfully according to the content, the customer must also submit the relevant credit certificate while submitting the completed application form.
The application form is accompanied by a credit card use contract. The applicant authorizes the card issuer or relevant departments to investigate its relevant information, and submits a statement of the authenticity of the information, the card issuer's privacy protection policy, etc., and must have an application. A person's autograph.