Friends in the circle know that in recent years, with the improvement of risk control and management levels of various banks, the barbaric method of managing credit cards in the past is no longer applicable. In today's era, more emphasis is placed on precise management of credit cards. , no matter how good your qualifications are, if the total credit limit is too high, you will not be able to apply for a high-value card, or even the bank will not approve it.

Under this premise, streamlined cards have become the choice of more and more cardholders. Next, Brother Li will provide you with some ideas on this issue.

First of all, let’s start with the credit card audience. Credit card user groups can be roughly divided into three types: capital flow, business travelers, and welfare parties. For different user groups, the choice of cards is also particular. It can basically be summarized into the following aspects:

Capital flow

Recommended cards: ICBC Xiaobai, CCB Xiaobai, Agricultural Bank of China Xiaobai, Bank of China Standard White, Postal Savings Dingya White/Car Platinum Card, these credit cards all have credit limits starting from 100,000, and they can be used without annual fees.

The streamlined suggestions for this genre are:

1. Keep the card with the highest limit

This one has the highest priority.

2. Cards with a low limit and difficulty in raising the limit should be cancelled

If a card has a low limit and still does not raise the limit, it means there is something wrong with the card. The scoring mechanism must be stuck in the bank. a certain link, so it must be cleared. Li Ge once encountered this situation. Later, he chose another card of the same level in the same bank, which was approved in seconds and the limit was increased to 8,000 on the spot.

3. Destroy low-level credit cards

The rule of card application is generally to proceed from simple to complex. The first one to apply for is often a lower-level credit card as an introduction. As your qualifications improve, the level of cards you can apply for becomes higher and higher, and you gradually have platinum cards and even higher-level credit cards in your hands. Moreover, while destroying low-level cards, you can also use the second card to further increase the limit.

Business travelers

Card level (such as visa unlimited card matches some airlines and hotel gold and platinum cards), card rights, and the cost-effectiveness of the rights (such as Bank of China’s ultimate unlimited card or ultimate free card) There is a big gap in the cost-effectiveness of obtaining benefits between free 2072 and rigid annual fees), which is what they are concerned about.

Recommended cards:

ICBC Dabai (cip, unlimited dragon, companion, etc., free annual fee for spending 200,000)

China Construction Bank Dashanbai (CIP, self-service card) VIP room operation, PP card, companionship, airport pick-up and drop-off, chauffeur service, hotel rights, supplementary card rights, etc., 40W points are free, and it is difficult to apply for multiple cards)

Agricultural Bank of China’s Essence White (CIP, self-operated VIP room) , free of charge after swiping 30 times, it’s difficult to apply for multiple cards)

Bank of China Unlimited Card/Diamond Card (CIP, Unlimited Dragon Card, accompanying companion, airport transfer, etc., free at the end or with 40W points)

< p> Merchants Classic White (CIP, exchange points for miles, self-operated VIP rooms, companionship, golf, hotel rights, supplementary card rights, etc., 20,000 points free of charge 10 times on birthday)

Bank of Communications Bai Qilin (CIP, Points can be exchanged for mileage, self-operated VIP rooms, companions, hotel rights, supplementary card rights, etc. The annual fee of 1,000 can be waived if the purchasing power reaches the standard. It is difficult to approve if you have many cards)

Everbright Caesar White (20W points free)

Pufa AE White (unlimited Longteng Card, companionship, airport transfer, hotel rights, supplementary card rights, etc., 20W points are free)

Postal Savings Dingzhibai (Longteng, airport pick-up and drop-off) Wait, 20W points are free) and so on.

GF Dingji Unlimited Card (annual fee is waived for the first year, and annual fee is waived for 48 times in the following year. Visa’s highest level unlimited card. It has unlimited airport VIP lounges, unlimited high-speed rail VIP lounges, and Complimentary travel accident insurance worth RMB 20 million)

Pufa Meiyun Platinum: Annual fee is waived if you apply before December 31st, 200,000 points can be redeemed for annual fee in the second year, and you can redeem 50,000 points twice a year. Changing to a 5-star hotel is a very good benefit.

Pudong IHG co-branded gold card: spend 8 yuan = 1 IHG (InterContinental Hotels Group) point. During the Point Breaks promotion, IHG points can be exchanged for 1 hotel with 5,000 points. Moreover, these tiered points can help you upgrade your membership level in the IHG hotel group.

The card selection suggestions for this group are:

1. Look at the conditions for annual fee exemption

These high-end cards usually have high annual fees. For those who For credit cards with rigid annual fees, you need to pay attention to whether the credit card benefits are practical. If you cannot use these services, it will be too expensive to apply for a high-end card. It is better to choose a co-branded card or a card with special benefits that is more suitable for you.

2. Not many overseas credit cards are used

If the cardholder only makes domestic daily purchases, he must choose a UnionPay credit card. If you need to use cards overseas, you can apply for a full-currency credit card from VISA and MasterCard. You can also choose JCB credit card for purchases in Japan and South Korea.

When choosing a credit card for overseas use, try to choose a full-currency credit card. Nowadays, the overseas cards launched by banks are basically full-currency credit cards. Most cards are free of annual fees during their validity period, and they will not be used if they are not used. any charges incurred.

If you need to purchase large items, choose an activity with a higher cashback for a single transaction; if you only spend a small amount casually, it is more cost-effective to choose an activity with "1% cashback for every transaction".

3. Duplicate rights can be cancelled

There is a kind of card, which is a joint credit card jointly issued by a bank and a company. In addition to the card surface being different from the opening gift, this type of card also has a different card appearance. There is basically no difference in terms of rights and interests. Therefore, when choosing a co-branded card, you should choose according to your own needs. Only one card with duplicate benefits or functions should be left.

But there are exceptions, such as airline co-branded cards. Many cardholders often choose to fly with different airlines when traveling, and they also hold several airline co-branded cards to accumulate air miles.

Welfare Party

This year has been quite unfriendly to Welfare Party members. Banks have basically suppressed all kinds of rights and interests in half. To be honest, there is not much to say.

Li Ge’s suggestion is that the lower the annual fee and credit card amount, the better. Currently, cards come second, and it mainly depends on activities. The more activities, the better, and the more benefits, the better. Use the least investment in exchange for the maximum. income.