Analysis of the advantages and disadvantages of ICBC credit cards!

ICBC credit cards have always been a headache for many card gamers, and have even been nicknamed “Aunt Card”. However, in fact, ICBC credit cards have been able to stand for such a long time, and the advantages are still very obvious. Now I will sort out the analysis of the advantages and disadvantages of ICBC credit cards!

1. Advantages of ICBC credit card:

1. Holder of many world firsts in the industry, leader of China's banking industry, with a very high B rating! Standing out from other banks, with Applying for a card is of great reference value to most joint-stock commercial banks. It has the most business outlets! There are more than 30,000 outlets across the country, making it convenient to handle business.

2. Support cardless cash withdrawal! With the advantages of many outlets, you will not be trapped in the embarrassment of being cash-strapped when you don’t bring cash or card! Of course, you can withdraw cash with a credit card The cost is very high!

3. The installment fee is the lowest in the country! The installment fee of other banks is even lower than half.

4. There is no upper limit for the debit and regular credit card limits of ICBC credit cards! The debit and regular credit card limits of most other banks are capped at 10,000, while China Merchants Bank has a cap of 6,000...

2. Disadvantages of ICBC credit cards:

1. The application threshold is too high, the limit is too low, and there are even cards with 0 limit;

2. The bank does not have an 800 number, and 400 is not available to individuals. Open to users;

3. The SMS service fee is 2 yuan/month;

4. The points required to redeem gifts are high and the types of gifts are small.

The above is the content of "Analysis of Advantages and Disadvantages of Industrial and Commercial Bank of China Credit Card" that I introduced to you about Jintou Credit Card. I hope this article I compiled will be useful to you. If you want to know more about credit cards, it is recommended to pay attention to Jintou Credit Card!

Disclaimer: The operational suggestions in the article only represent the views of a third party and have nothing to do with this platform. Investment is risky, so be cautious when entering the market. Trade accordingly at your own risk.

How about ICBC credit card?

ICBC is a state-owned enterprise. ICBC is a state-owned bank, which refers to a large bank directly managed by the Ministry of Finance. It is also one of the four major banks in the country and has a relatively strong customer base. Its main mode of operation is to unify the operation and management system of commercial banks authorized by legal persons. Its main goal is to achieve stable development and improve economic efficiency.

ICBC can provide 24-hour online telephone service. If you have any problems at any time, you can call the online customer service number to solve them. It also provides electronic and paper reconciliation services, which can bring great convenience to customers.

The benefits of ICBC credit card are:

1. Interest-free days. The maximum interest-free days of ICBC reaches 56 days, so you can provide more days for your repayment.

2. SMS reminder. When applying for a credit card at ICBC, if the customer service on your card is due, the system will send you a free text message to remind you to pay it back in time. This prevents you from being busy with work and forgetting to repay the loan, resulting in more overdue fees on your bill.

3. Automatic repayment is possible. ICBC has its own software, where you can set which card will be used for automatic repayment when your credit card expires. This way, you no longer need to go to the bank to deposit money and repay it, and you can directly bind it to the savings card.

4. Enjoy points. When credit card purchases are made, points will be saved for customer service, and the points can be used to buy things. So when you have enough points, you can use the points to collect items on the online software platform.

5. Provide 24-hour service hotline. There is a 24-hour service hotline for all questions about ICBC. When you have questions about ICBC, you can make a manual service call.

Is ICBC credit card good?

Okay.

ICBC credit card has the following advantages: ICBC credit card is the most popular credit card in my country. It can enjoy an interest-free period of up to 56 days, and local withdrawals are free of cash and handling fees.

In addition, ICBC has many business outlets, and you can make cash withdrawals at any bank in China. It also supports VISA, MasterCard and American Express Bank organizations, and also supports card swiping services at any store POS machine.

1. ICBC credit card withdrawals are equivalent to debit cards and savings cards, and no additional handling fees will be charged for cash withdrawals

2. ICBC credit cards have issuers across the country, and It is easy to apply and the card is issued quickly. You can apply online and you can open the card immediately after re-signing when you get the card. Normally it takes no more than 2 weeks from sending the email to getting the card.

3. All domestic transactions will be accounted for in real time, and points can be checked in real time, which is highly efficient.

4. If there is no overdraft in the account, cash withdrawals are interest-free. And you can withdraw it the same day you transfer it in, which is convenient and fast.

ICBC credit cards are the credit cards with the highest circulation in China. The main types of ICBC credit cards include: Peony International Credit Card, Peony Credit Card, and Peony Credit Card; according to the brand of ICBC credit cards, they are divided into: Peony Visa Card, Peony MasterCard and Peony Express Card; according to credit level, they are divided into: Platinum Card, Gold Card and Ordinary Card; according to the issuing objects, they are divided into business cards and personal cards, of which personal cards are divided into primary cards and supplementary cards.

The application conditions for ICBC credit cards are:

1. To apply for an ICBC credit card, you must be over 18 years old.

2. To apply for an ICBC credit card, you need to have a stable job and a legal source of income.

3. If the applicant has a high position, high education, high income, and a good company, the approval rate of applying for an ICBC credit card can be greatly improved.

4. Applying for an ICBC credit card also requires a certain financial foundation.

5. If you want to apply for a credit card with a higher ICBC credit card rating, the applicant needs to provide the bank with certain financial proof, such as stocks and securities, a real estate certificate with the applicant’s name on it, a car driving license, a bank card, etc. Certificate of deposit, etc.

6. To apply for an ICBC credit card, you must be a natural person with full capacity for civil conduct.

7. There is another necessary condition, the applicant needs to have a good personal credit report, because ICBC relatively values ??the cardholder’s personal credit report.

How do you rate the ICBC multi-currency credit card?

It’s very easy to use. I used it very smoothly when I went abroad a while ago. I also experienced that the magnetic stripe card was rejected and the chip multi-currency card was rejected. Still good. And someone has tested the deposit amount, and this card is currently the most favorable card for the deposit amount of RMB among all full-currency cards.

This card is the card recently promoted by Industrial and Commercial. It is similar to the multi-currency card of Industrial and Commercial, but the card surface is a hundred times better-looking. This card only supports 10 currencies and can waive currency exchange fees, but it is basically enough. It should be noted that after opening the card, the personal credit report will show that there are accounts in 10 currencies in the industrial and commercial sector. Friends with mysophobia should be careful.

ICBC Multi-Currency Credit Card

Relying on its strong scientific and technological strength and global settlement advantages, the ICBC Multi-Currency Credit Card developed by ICBC is in line with the growing number of customers studying abroad and traveling abroad. , business and other needs have brought real value-added services.

With the improvement of people’s living standards, various overseas travels are developing rapidly. Chinese people can be seen everywhere abroad, especially those traveling to Japan, South Korea and Europe. There are not a few netizens shopping. At this time, you need a multi-currency credit card that can easily consume overdrafts and make repayments. Today, the editor recommends to you the Industrial and Commercial Bank of China Global Travel Card, which is most suitable for business travelers who are not going abroad.

Advantages: Direct payment in 10 foreign currencies including US dollars, Euros, Hong Kong dollars, British pounds, Australian dollars, Japanese yen, Singapore dollars, Canadian dollars, Swiss francs and New Zealand dollars, without currency conversion.

If automatic foreign exchange purchase is turned on, foreign exchange will be automatically purchased and repaid from the debit card on the repayment date. If automatic foreign exchange purchase is turned off, foreign exchange will be purchased and repaid manually.

UnionPay and MasterCard dual channels are available in China, and Alipay can be used for repayment.

The Platinum Card has a PriorityPass card and can enter the airport international VIP lounge unlimited times.

Even if automatic foreign exchange purchase and repayment is enabled, foreign exchange repayment will be automatically purchased from the debit card on the repayment date. The amount of foreign currency consumed will be shown on the bill and will not be directly recorded in RMB. Before the repayment date, it is also a good choice to choose a time when the exchange rate is good and manually purchase foreign exchange for repayment.

Disadvantages: This card does not have a regular card, and there is no opportunity to downgrade the card after application. It is recommended that Taobao friends who are not confident in their own strength apply for the ICBC multi-currency card. In addition to the ugly appearance of the card, the basic functions are Same. Moreover, as the largest bank in the world, ICBC is relatively strict in terms of review, which means the threshold is high, so it will be difficult to apply.

The annual fee for the gold card is waived if you swipe the card 5 times, and the annual fee for the platinum card is 2,000, and the annual fee is waived if you spend 20W in the annual cycle.

Is the ICBC credit card good?

ICBC credit card is the credit card with the highest circulation in China. Industrial and Commercial Bank of China (ICBC) is a large state-owned bank managed by the central government and a deputy ministerial-level unit. The basic tasks of ICBC are to raise social funds through domestic and overseas financing activities, strengthen credit fund management, support enterprise production and technological transformation, and serve my country's economic construction in accordance with national laws and regulations. In February 2017, BrandFinance released the list of the top 500 global brands in 2017, with ICBC ranked tenth. On June 20, 2018, an analysis report on China's 500 Most Valuable Brands was released, with ICBC ranking fourth. In July 2018, "The Banker" magazine released the list of the top 1000 global banks in 2018, with ICBC ranking first. In 2018, Fortune ranked 26th among the world's top 500 companies. On December 18, 2018, the "2018 Top 500 World Brands" compiled by the World Brand Laboratory was announced, and ICBC ranked 43rd. On June 26, 2019, eight banks including the Industrial and Commercial Bank of China took the lead in launching the enterprise information network verification system.

1. The main types of ICBC credit cards include: Peony International Credit Card, Peony Credit Card, and Peony Credit Card; according to the ICBC credit card brand, they are divided into: Peony Visa Card, Peony MasterCard, and Peony Express Card; according to the credit rating, they are divided into : Platinum card, gold card, ordinary card; divided into business cards and personal cards according to the issuing objects, of which personal cards are divided into main cards and supplementary cards.

The Constellation Credit Card (hereinafter referred to as the "Constellation Card") is divided into two levels: simple platinum and gold. The design of the card face is also the same, distinguished by the background color of the card face. The black is a simple platinum and the red is gold. Among them, the Simple Platinum Card enjoys VISA Platinum Card privileges, UnionPay Platinum Card privileges, and all the bank’s Platinum Card benefits except airport VIP lounges, high-speed rail VIP lounges, aviation accident insurance, travel inconvenience insurance and other travel insurance.

Star Card "11" business card: UnionPay single currency card (magnetic stripe PBOC non-networked chip card) is used domestically, and VISA single currency card (magnetic stripe EMV non-networked chip card) is used overseas. 2 card account docking, supporting payment methods of "swiping card, inserting card, waving, and scanning QR code". Domestic and foreign payments are smooth. (Note: The Constellation Card does not support transactions in the form of sub-cards, nor does it support transactions in the form of sub-cards of other credit cards under the Constellation Card.)

2. Credit cards, also known as credit cards, are transactions issued by commercial banks or credit card companies to A credit note issued by a credit-qualified consumer. It is in the form of a card, with the name of the issuing bank, validity period, number, cardholder name and other contents on the front, and the magnetic stripe and signature strip on the back. Consumers holding credit cards can go to specialized commercial service departments to shop or consume, and then the bank settles with the merchants and cardholders, and the cardholders can overdraw within the specified amount.

Credit cards stipulated in relevant Chinese laws (Interpretation of the Standing Committee of the National People's Congress on the Provisions on Credit Cards in the Criminal Law of the People's Republic of China and the People's Republic of China) refer to electronic credit cards issued by commercial banks or banks. Payment card.

Other electronic payment cards that have all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc.

How about ICBC credit card?

Benefits of ICBC:

1 Local cash withdrawal fees are unconditionally waived (the only one)

2 Cash withdrawals, cash installments, and credit loan fees/interests are the lowest (At least one), and it will not affect the amount increase. In some areas, handling fees can be collected in installments. After early repayment, subsequent handling fees will not be charged and there will be no penalty interest. Cash installments can be canceled on the same day.

2 Penalty interest for incomplete minimum repayment (the only one)

3 Low starting point for bill installments (total RMB bill exceeds 600 yuan), low handling fees

4Long interest-free period (up to 56 days)

5Free text message reminder (Elite Club customers, 5 stars can be issued at 0 in some areas)

6There are basically no sales calls. There are very few risk control calls, large credit card swiping is done in one go, and the risk control is almost the loosest.

7 Starting from the second card, cards of the same level can choose independent accounts, or you can choose to link multiple cards to share the account. The latter is similar to the CMB system, with unlimited account sharing, but CMB Annual fee reductions and exemptions for each card in the system must be counted separately. For example, each of the 10 UnionPay gold cards needs to be swiped 6 times to be exempted from the annual fee. However, ICBC only needs to swipe 10 total cards 5 times to waive the annual fee. For Platinum cards, the annual fee is waived. The same applies to the card (the only one, other banks are either independent or shared, and the second card does not have a 100-second approval or credit check channel)

8 All card types that have been opened 100 seconds for approval, 100 without credit check, 100 without credit report. (The only one)

9 Platinum cards with no annual fee are launched from time to time (Diners Club Platinum Card is free of annual fees within the validity period by swiping a single payment during the promotion period, and the Platinum Card is unconditionally free of annual fees when placing an order. It is launched in many areas. Apply for free annual fee through Universal. In some areas, the annual fee of Platinum Card can be waived by purchasing financial management. All Platinum Cards can enjoy unlimited airport and high-speed rail VIP services)

10 Starting from the card opening, every You can apply for a manual limit increase at least once a month. The system recommends a limit in seconds. The limit increase for low-deposit cards is often 5 to 10 times. The limit increase for cards with tens of thousands of limits is often 10,000 to several thousand.

11 Some types of cards, including gold cards and regular cards, are free of annual fees for life during the promotion period (about one year).

12. Instant repayment of foreign currency consumption is convenient. Now we return to manual foreign exchange purchase and repayment.

There are three more, which are advantages for some people and disadvantages for others. Depends on everyone's needs.

1 Standard and global multi-currency cards are free of currency conversion fees for all foreign currency purchases. 10 currencies are recorded in local currencies, and repayments can be made directly in local currencies (if it is a US dollar dual-currency card, I obviously have pounds , when swiping pounds, I have to convert it into U.S. dollars, and then I have to buy U.S. dollars to repay, which means two exchange rate losses. With a multi-currency card, I can repay directly in pounds without any exchange rate loss.) The purchase of foreign exchange for repayment is not Affected by real-time exchange rate fluctuations, you can choose to purchase foreign exchange and repay at the best time of exchange rate (the only one)

2. The order of repayment is that the ones with interest are paid first, and the ones that are interest-free later, that is to say, repay and withdraw cash first. , pay the bill later.

3 The limit increase mainly depends on the stability of work income and assets (and liabilities). Cards that do not exceed 10W at least do not care about the protection fee. Except for a few areas, the long-term daily average limit is 20W to 10W. It is basically not difficult to increase the average daily balance from 100,000 to 50,000, even if you only spend a few hundred dollars a month, most of them are 0.38 and online payment.

This is the end of the introduction about China’s industrial and commercial credit cards and which industrial and commercial credit card is the best. I wonder if you found the information you need?