Go to the merchant for a refund, cancel repeated consumption transactions, and obtain receipts for cancellation transactions.

Since the card is sent by mail after the credit card application is approved, there is no guarantee that the recipient is the applicant. In order to protect applicants and banks from fraud losses, the credit card has set up a card opening procedure before it is officially launched. Card opening is mainly done by phone or online. The relevant personal information provided during the application is checked. Once the information is met, the card opening process is completed.

At this point the applicant becomes the card holder and can officially start using it after signing on the back of the card. After opening a credit card, you generally need to set up a password for the card. After accepting a credit card, a credit card merchant or bank must review the validity of the credit card and the identity of the cardholder.

Extended information

Card issuing bank name and logo, credit card number (organization logo) and holographic anti-counterfeiting mark, card number, English or Pinyin name, activation date (usually calculated to month), validity The date (generally calculated to the month), the latest issued card has a chip on the front, and the chip account and the card magnetic stripe account are two relatively independent accounts.

Card magnetic stripe, cardholder signature field (signature required after activation), service hotline number, last four digits of the card number or the entire card number (to prevent fraudulent use), credit card security code (on the back of the credit card) On the signature line, the three digits immediately following the last four digits of the card number are used for credit card activation, password management, TV, telephone and online transactions, etc.).

The advantages of credit cards are as follows:

1. You can make overdraft purchases without depositing, and you can enjoy an interest-free period of 20-56 days and pay back on time without any interest charges ( Most banks will charge an interest of 50,000 cents on the day of cash withdrawal, as well as a 2% handling fee. ICBC does not charge a handling fee for cash withdrawal and only charges interest).

2. Swiping your card when shopping is not only safe and convenient, but also provides points for 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 file, which will benefit you throughout your life.

5. It is accessible nationwide and you can withdraw money or make purchases by credit card at ATMs and POS machines with the UnionPay logo.

6. Spend by swiping your card, collect existing points with some credit cards, and enjoy various discounts and lucky draws throughout the year, allowing you to always be surprised just by using your card.

7. Free monthly mailing statements, allowing you to have a transparent grasp of every consumption expenditure.

8. The unique supplementary card function is suitable for couples to manage finances together or control their children’s financial expenditures.

9. The free choice of one card and dual currencies is available all over the world. Overseas consumption can be repaid in domestic RMB.

The 10.400 telephone number or the 5-digit short number starting with 9 is available 24 hours a day. Loss reports are effective immediately and there is zero risk of losing the card.

11. Use third-party platforms for business cooperation and provide preferential services to cardholders.

Baidu Encyclopedia--Credit Card