Different credit cards of different banks have different rights and interests, and the credit cards of Bank of Communications and China CITIC Bank have their own advantages. The specific advantages and disadvantages are as follows:

Bank of Communications:

Advantages:

1. Free of the annual fee for the first year, free of the annual fee for the next year for the Y-POWER card for three times, and free of the annual fee for the next year for other cards for six times;

2. SMS service is free;

3. The cash withdrawal fee is only 1%;

4. 5 yuan is required to report the loss;

5. There are more outlets than other non-state-owned commercial banks;

6. There are many gifts that can be redeemed by points

Disadvantages: I haven't seen them yet, but the overall evaluation given by colleagues who use Bank of Communications' credit card is general

CITIC Bank:

Advantages:

1. After issuing the card, the annual fee for the first year is exempted once, and the annual fee for the next year is exempted five times;

2. SMS service is free;

3. Send an accident insurance

Disadvantages:

1. The cash withdrawal fee is 3%;

2. Less outlets;

3. The loss reporting fee is high in 8 yuan;

4. There are many gifts, but the required points are high.

The threshold for approving Bank of Communications credit cards is quite low. You only need to provide your ID card and work certificate to apply. There are still many outlets of Bank of Communications, so it is more convenient to handle business. The overdraft limit of Bank of Communications' credit card is not very high. If the information you provide is comprehensive, and the amount of proof that you own real estate and car products will be much higher, the interest-free period of Bank of Communications' consumption will be 56 days. In addition to the' YONG-POWER card, you can apply for installment repayment for a single purchase of more than 1,5 yuan. There is no free SMS reminder function for transactions, and the monthly SMS reminder service for transactions in 3 yuan.

The annual fee for the first year can be waived if the credit card of CITIC Bank is swiped once within one month after the card is issued, and the annual fee for the next year can be waived if the credit card is swiped five times. The SMS service of CITIC Bank's credit card also gives an accident insurance free of charge. However, the cash-renewal fee of CITIC Bank's credit card is very high, and there are fewer outlets, and the loss reporting fee is very high, and the points needed to redeem gifts are also high.

a Credit Card is a credit certificate issued by a commercial bank or credit card company to a consumer with qualified credit.

a credit card is a card with the name of the issuing bank, expiration date, number and cardholder's name printed on the front. Consumers with credit cards can go to special commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the specified limit.