How long does it take for China Merchants Bank credit card to be credited?
Chinese Merchants Bank counter repayment can be credited within the same day (or 2 hours).
If you repay over the counter at China Merchants Bank, it can be credited to your account on the same day or within two hours. The transaction date of China Merchants Credit Card is the actual date of each credit card transaction. The accounting date is generally the day after the transaction date. Credit card repayments are entered in order, so the entry time is different for everyone. It is usually at the counter of China Merchants Bank The repayment will be credited to your account within the same day.
If you have activated the cash advance function when applying for a China Merchants Credit Card, you can also transfer the money to the bank or bank in your name through the Palm Life APP, mobile banking APP, online banking customer service telephone voice system, etc. Debit card accounts in other banks can be credited in real time.
Most credit card annual fees are generally charged based on the cardholder's card opening date, not every calendar year. In other words, on the day you open the card, the annual fee for the next year will be charged. The first-year annual fee will be waived or waived by advance payment by China Merchants Bank's credit card or partners. The second-year annual fee will be waived or waived if the card is swiped 6 times (no amount limit) within a full year of the card's validity (from the date of card issuance, not a natural year). Swipe the card 6 times in two years and the annual fee for the third year will be waived. If you spend 6 times with a single card (no limit on amount or form), the annual fee for the card in the following year will be reduced.
It usually takes about a month to apply for a credit card at the bank counter. When applying for a card at the counter, you generally need to prepare paper materials. After the bank receives the materials, it will be mailed to the credit card center. When the credit card center receives the materials, it will start to review them. It will take about 10 working days. After the review is passed, the process will begin. Make a card and mail it. You can receive the card within 2 weeks. If users want to get a credit card quickly, they can choose to apply online, because there is no need to prepare paper materials or mail the application online.
The deposit time of China Merchants Bank needs to be analyzed in detail. Different situations are different. The details are as follows:
1. If the credit card repayment is made over the counter, then the same day or within two hours Can be credited.
2. If it is credited after the credit card consumption, it can usually be credited within 24 hours.
Characteristics of China Merchants Bank’s credit cards:
1. It is easy to increase credit card limit. I believe all my friends know that China Merchants Bank’s “capping” technology is actually to quickly increase the credit card level of China Merchants Bank’s regular gold card with special Tips Quickly mention the 6w tip, which is enough to show that China Merchants Bank’s credit card limit is increased very quickly. Although the policy has been tightened in the past two years, the limit is still increased very quickly.
2. The interest-free period of 48 days is not an advantage, because the interest-free period of China Merchants Bank is almost the shortest among all banks, but who makes it more active, more discounted, and easier to withdraw? Well.
3. The temporary quota is unique. China Merchants Bank’s temporary quota does not conflict with the fixed quota. During my practice, my friends often asked for temporary quotas at the same time. This is also an advantage of China Merchants Bank. , and after the temporary quota expires, if your bills are used better, it can be renewed. Moreover, China Merchants Bank also has a temporary overseas quota. Although this quota cannot be used without leaving the country, there are techniques to convert it to a fixed amount.
Credit card entry time
Credit card entry time varies according to specific business conditions:
1. The entry time of credit card swipe transactions is normally on the third day of the card swipe transaction day. It will be included in the credit card bill in two days;
2. There is currently no fixed time for the credit card repayment to be credited. The specific time is related to the speed of each bank's internal system and the repayment method. For example: ICBC and China Merchants Bank are The account is credited on the same day, and the transportation is credited the next day. The normal credit time for each bank varies from 1 to 2 days.
The credit card being credited means that the credit card is still being repaid and the repayment funds have not yet arrived. If you check the repayment status at this time, it will be displayed as credited. After the repayment funds arrive, the limit will be restored and the repayment status will also change. If the repayment status is shown as being credited, but the credit limit has been restored, the user's repayment is considered successful at this time.
Since the arrival of repayment funds and the page display may be out of sync, as long as the credit limit is restored, even if the user's repayment is successful, it will be shown as credited, which will not affect the user's subsequent use of the card.
When the credit card is credited, as long as there is currently available credit card limit, the user can continue to use the card, and overdraft consumption, cash withdrawals, and transfers are all possible. When a credit card is credited, the repayment funds have not yet arrived after the user has paid off the payment. Although most of the time the repayment funds arrive in real time, delays in arrival are not ruled out.
In short, credit card credit will not affect the user's subsequent use of the card. As long as the credit card status is normal and there is available credit, the user can continue to use the card.
Compared with ordinary bank savings cards, the most convenient way to use credit cards is that they can be used for ordinary consumption without cash in the card. In many cases, you only need to return the consumed amount on schedule.
_You can use overdrafts without deposits, and you can enjoy an interest-free period of 20-56 days. Repay on time without any interest charges (most banks will charge 0.05% interest on the day of withdrawal) , and there is a handling fee of 2. ICBC cash withdrawals are free of handling fees and only charge interest).
How long does it usually take for bank deposits to be made?
The bank deposit time requires detailed analysis of specific circumstances. Different situations are naturally different. The details are as follows:
1. If you pay over the counter to a credit card, it can be credited on the same day or within two hours.
2. If it is credited after the credit card consumption, it can usually be credited within 24 hours.
China Merchants Bank Credit Card:
Most China Merchants Bank credit cards waive the annual fee for the first year. If the card is swiped 6 times in the same year, the annual fee for the following year will be waived. There is no limit on the amount, payment method, or points transaction for six card swipes, as long as the consumption is included in the bill.
However, some CMB credit card types do not provide annual fee exemption for the number of card swipes, nor do they provide a policy for redeeming CMB credit card points for annual fees: business card (rigid charge of 100 yuan/year), elite business card (300 yuan/year) yuan/year), company purchase card (100 yuan/year), China Merchants Bank American Express card series (Express Gold Card and American Express Business Gold Card 380 yuan/year, American Express Green Card and American Express Business Green Card 180 yuan/year), unlimited cards (1 10,000 yuan/year);
Although there are some CMB credit card types that do not provide annual fee exemption for the number of card swipes, you can use the points obtained by swiping the card to redeem the annual fee: VISAMINI dual-currency credit card, special-shaped car card; CMB The annual fee for the main card of the Classic Platinum Credit Card is 3,600 yuan/year, and the first-year annual fee is waived. 10,000 CMB credit card points can be used to redeem the annual fee for the following year; the annual fee for the supplementary card is 1,800 yuan/year, and 5,000 CMB credit card points can be used to redeem it. Redeem the annual fee for the following year.
In addition, there are some CMB credit card types that are free of annual fees based on the total number of card transactions: the annual fee for the main card of CMB’s exquisite platinum card is 800 yuan/year, and the annual fee is waived in the first year. If you spend 80,000 yuan and 20 times in the year, the annual fee will be waived for the next year; the annual fee for the supplementary card is 300 yuan/year. The first two cards will be free of annual fees, and the third card will be free of annual fees in the first year. If you spend 30,000 yuan and 10 times in the year, the annual fee will be waived. The annual fee is waived for the following year.
If you forget the credit card repayment date, you can check it through the following methods:
1. Directly call the number on the credit card, and then call the manual customer service to check;
2. Log in to electronic banking, such as ICBC cards, and search for "ICBC Electronic Banking". After logging in to the official website, you can check the repayment date;
3. You can check the electronic bill sent by the bank. Repayment date.
Advantages of China Merchants Bank’s all-currency international credit cards:
1. No additional conditions, no annual fee for life;
2. All foreign currency transactions (including card swiping, Online shopping, withdrawals), automatic foreign exchange purchase, RMB crediting, and RMB repayment, simple and convenient;
3. Reduction of currency exchange fees for cross-border transactions.
Disadvantages of China Merchants Bank’s all-currency international credit cards:
1. Visa single channel, no UnionPay logo, cannot be repaid with Alipay, domestic non-Visa channel card swiping only supports CMB POS machines;
2. Currency conversion is settled according to the exchange rate of China Merchants Bank, which is relatively high;
3. There are few credit card discounts from China Merchants Bank and the discounts are not strong.
How long does it take for the credit card to arrive?
There are only two situations when using a credit card, one is to swipe the card for consumption, and the other is to transfer money. Under normal circumstances, the credit card payment time is It's two minutes. Credit card consumption also has a certain relationship with the POS machine used to swipe the card. UnionPay card swiping machines usually only receive the payment the next day. Third-party card swiping machines are usually for special users with relatively large amounts, and the payment will be received within 3 days. If it is a credit card transfer, if the transfer place matches the account number provided, it will arrive within 24 hours. If it does not match or there are special circumstances, the agent bank will refund it within 24 hours.
1. The top ten "benefits" of credit cards
When we use credit cards, the bank actually advances it to the merchant first, that is, consumes it first and then repays it, and we have it on hand The cash can be used flexibly, for example, it can be placed in the bank to earn interest or invested in financial products such as funds and stocks, with at least one or two months of buffer time. Of course, you must be good at investing; otherwise, if you don’t have the money to repay when the repayment date comes, it will affect your personal creditworthiness.
1. Owe less favors
When you are in urgent need of cash to meet your urgent needs, if you are embarrassed to ask your relatives and friends, you can overdraft your credit card at this time. It's like interest, but compared to owing favors to others, I have to weigh what is more important.
2. Relatively safe
Try to swipe your card for consumption, so you can carry less cash with you - even if it is stolen or lost, the loss can be reduced. If cash is lost, the possibility of getting it back is slim; but credit cards are different. Even if they are stolen or lost, we can report the loss as soon as we find out. Even if your credit card is stolen without a password, it will be difficult to trace it. It's much easier - because every card swipe is recorded, not to mention, the bank will bear the losses 48 hours or even 72 hours before the loss is reported. In addition, if you spend cash, you may get counterfeit money at some point
3. Clean and hygienic
With large cash flow, you can imagine the bacteria on the coins, and The credit card has been touched by several cashiers besides you - even if the credit card is dirty, it can still be disinfected and cleaned.
4. Save money
Many banks’ credit cards have cooperation or promotions with merchants. For example, you can get cash back as much as you swipe the card, or you can go to a movie or eat out. There is a 20% or 50% discount on Western food. In addition, credit card points can also be redeemed for some gifts in daily life, and there are even some lottery activities.
5. Convenience
If the credit card has the "VISA" or "MasterCard" logo, you can directly swipe the card for consumption abroad, while the debit card or cash must be exchanged first; in addition, It is also very convenient to use a credit card to book air tickets and hotels, make phone or online purchases, rent a car, etc., but a debit card may not have this advantage - because in addition to direct swiping, the credit card also has a "pre-authorization" function; and it does not exist. The embarrassment of changing change.
6. Relieve financial pressure
If there is a certain amount of financial pressure to pay a large amount of consumption at once, you can use a credit card to pay in installments and enjoy your favorite items in advance; although You need to pay a certain handling fee, but compared to the intangible value of being able to enjoy it for half a year or even a year in advance, I think it is worth it. Of course, you should spend within your means in advance.
7. Accumulate personal credit records
Using more credit cards and repaying them on time and in full can improve your credit limit and credibility. At the same time, the People's Bank of China's personal credit information database has Once you have a good credit record, it will be much easier to get approved for a loan to buy a house or a car in the future.
8. Apply for an additional card
If you apply for an additional card for your family, especially for your children, you will basically have a grasp of their financial status such as consumer spending, which will facilitate education. Children’s financial management and consumption awareness.
9. Convenient financial management
After the credit card statement date, we will receive a detailed consumption statement in the form of paper or email. From the statement, we can clearly understand our own expenses in the previous month. consumption and expenditure.
10. Additional benefits
Some credit cards also provide free accident insurance, medical insurance, towing and car washing, enjoy the services of banks or airport VIP lounges, and can also redeem points for flights and exchanges. Gas and other benefits.
2. Seven "disadvantages" of credit cards
The invention of credit cards did not have "disadvantages", but the "disadvantages" of credit cards were caused by the fact that some people who use them "don't know how to use them" , just like a knife, "good guys" use it to chop wood, but "bad guys" use it to kill people.
1. Blind consumption
Swiping a card is not like spending money one by one like paying with cash. Once you swipe it, you feel nothing, just a few numbers, which leads to blind consumption and spending money like this. Running water. However, can you be irrational about what you should buy and what you should not buy?
2. Excessive consumption
Laptop installment, digital camera installment, smartphone installment, while enjoying your favorite items in advance, you also have to consider when repaying the loan next month Is your salary just a drop in the bucket?
3. High interest rates
If you don’t know how to take care of your credit card and cannot repay as scheduled when the final payment date comes, the bank will charge a certain interest fee to avoid greater risks. I only have myself to blame.
4. Annual fees are required
Credit cards basically have annual fees, but they basically have annual fee-waiving policies. For example, China Construction Bank only needs to pay three times a year to waive the annual fee. ; On the contrary, the debit card has received small fund management fees since 2006, and it will cost ten or twenty yuan a year. If you apply for a credit card and you can't do it or don't know how to use it three or five times a year, then the bank should charge you an annual fee.
5. Fraudulent use
Credit cards are basically password-free by default. This makes it easy for others to use stolen money when it is lost or stolen, causing unnecessary trouble or loss; but in fact, credit cards can also apply for swiping purchases with passwords - it depends on how you manage your credit card.
6. Impact on personal credit record
Long-term malicious arrears will naturally affect personal credit record, and may even be blacklisted by banks. It will be difficult to obtain loans from banks to buy houses and cars in the future. ——But if you didn’t ask for it, it means you don’t know how to manage money yourself.
7. Repayment troubles
You have to go to the bank every month, which is often overcrowded; in fact, now as long as you have a savings card that opens online banking, you can do it for you through the Internet without leaving home. You can repay your credit card for free, such as through Kuaiqian and Tenpay.
Criminals take advantage of acquaintance relationships on social networks to make cardholders relax their vigilance. The purpose of asking for photos of the front and back of the credit card is to obtain the credit card number, expiration date, and the last three digits on the back of the card, because these three pieces of information can already be used for online payment.
So, what other information on your credit card should not be leaked, and how to avoid falling into the trap of criminals?
(1) Do not easily send key information such as credit card number, password, last three digits on the back of the card (credit card security code CVV2), expiration date, dynamic code, etc. in any social network.
(2) If fraud occurs, you can quickly go to a nearby ATM to check or withdraw cash, and keep the receipt to prove that neither the card owner nor the credit card belongs to the location where the fraud occurred, but was stolen by others. .
How many days does it take for Bank of Communications credit card to be credited?
The deposit time is usually the next day. The credit card credit date is not the day the card is swiped. Generally, the credit card will be credited after the merchant completes the settlement.
1; Bank of Communications (English name Bank of Communications, referred to as BCM, Chinese name referred to as Bank of Communications) was founded in 1908. It is one of the six major banks in China, one of the oldest banks in China, and one of the oldest banks in modern times. One of China's note-issuing banks. On April 1, 1987, the reorganized Bank of Communications officially opened for business and became China's first national state-owned joint-stock commercial bank, with its head office in Shanghai. Bank of Communications was listed on the Hong Kong Stock Exchange in June 2005 and successfully listed on the Shanghai Stock Exchange in May 2007.
2; Bank of Communications is one of China's major financial service providers. The group's business scope covers commercial banking, securities, trust, financial leasing, fund management, insurance, offshore financial services, etc. Bank of Communications has 235 domestic branches, including 30 provincial branches, 7 directly affiliated branches, and 199 provincial branches. It has branches in 239 prefecture-level and above cities and 158 counties or county-level cities*** nationwide. 3,270 business outlets; it has 7 non-bank subsidiaries, including wholly-owned subsidiaries BoCom Leasing, BoCom Insurance, and BoCom Investment, and holding subsidiaries BoCom Fund, BoCom Guosen, BoCom Life, and BoCom International . In addition, Bank of Communications is also the largest shareholder of Changshu Rural Commercial Bank and the joint largest shareholder of the bank. It has strategically invested in Hainan Bank and controls 4 rural banks.
Three; In July 2019, the 2019 Fortune Global 500 was released: ranking 150th. Ranked 18th on the list of the top 100 Chinese enterprises under the "One Belt, One Road" initiative. In December 2019, it was selected into the 100 Model Brands at the 2019 China Brand Power Ceremony. In March 2020, it was selected into the top 500 most valuable global brands.
Bank of Communications’ personal business includes: savings deposits, personal loans, foreign exchange services, financial planning, investment services, insurance services, convenience services, wealth management, private banking and other services.
Four; The company’s business includes: banking engineering, tax payment, cash management, asset custody (securities investment fund custody, national social security fund asset custody, insurance fund custody business, securities dealer/directional asset management plan custody , enterprise annuity custody, international custody, trust fund custody, private equity fund custody, etc.), investment banking and financing business (accounts receivable transfer, guarantee business, loan commitment letter, credit certificate, buyer or agreement interest-paying bill discount business, Commercial bill discounting, foreign government loan on-lending business, local and foreign currency fixed asset loans, export tax rebate account custody loans, legal person account overdrafts, local and foreign currency working capital loans, interbank credit asset buyout business and interbank credit asset repurchase business).
5; Small business user services include: loan application, one-stop entrepreneurship, business development, Zhuoye one-stop, investment and financing, tax financing, science and loan, hand-in-hand and Huinongtong and other services . International business includes: He-Interbank Services, Tong-International Business Services, Hui-Foreign Exchange Financial Services and Bao-Foreign Exchange Transaction Services, etc.
About how long does it take for a credit card to be credited and how long does it take for the credit card to be credited? This is the end of the introduction. Have you found the information you need?