1. You can overdraw your consumption without deposit, and you can enjoy an interest-free period of 2-56 days. You can repay the interest on time without any charge
2. It is not only safe and convenient to swipe your card when shopping, but also a bonus gift.
3. Special merchants who hold cards in banks can enjoy discounts;
4. Accumulate personal credit, and add a credit record in the credit file, so that you can benefit for life;
Disadvantages of credit card: The invention of credit card is like a double-edged sword, which can solve the temporary economic crisis. However, the purpose of issuing credit card is to make money. Once the interest-free repayment time is exceeded, it will charge high interest, usually five ten thousandths of the daily interest.
1. blind consumption. Unlike paying cash, swiping a card doesn't spend money one by one. When swiping it, there is no feeling. A few numbers lead to blind consumption and spending money like water.
2. High interest. If you can't take care of your credit card, and you can't repay it as scheduled when the final repayment date comes, the bank will charge you high interest.
3. an annual fee is required. Credit cards basically have an annual fee, but basically there is an annual fee-free policy. For example, CCB can waive it as long as it swipes it three times a year; But if you don't swipe your card the number of times specified by the bank in a year, you need to charge an annual fee.
4. Stealing brushes. Credit cards are basically password-free by default, which is easy to be stolen by others when they are lost or stolen, causing unnecessary trouble or loss; But in fact, credit cards can also be used to charge by password-it depends on how you manage your credit card. Of course, many people, because of their lack of experience in this field, have not cancelled their credit cards and have been re-applied for credit card overdraft by some lawless elements, which is not worth it.
5. personal credit records are affected. Long-term malicious arrears will naturally affect personal credit records and even be blacklisted by banks. In the future, if you want to borrow money from banks to buy a house or a car, you may be rejected by banks.