Credit cards are a type of card that you consume first and repay later. There is no money in the card itself. What is in the card is the credit card limit given to you by the bank. You can spend within the credit card limit. After consumption, you need to repay the money to the bank. Payment is made. When the cardholder's credit card consumption reaches the final repayment date specified by the bank, in order to ensure the cardholder's good credit record, the bill consumption funds should be returned to the bank.

You can complete repayment at the counter of the card issuing bank, ATM, online banking, automatic transfer, telephone banking, or "Lakala" smart payment terminal installed in convenience stores. Moreover, there are more and more emerging repayment methods, but the mainstream ones are online transfer repayment provided by banks, card-to-card repayment through third-party POS machines, and telephone banking repayment.

In addition, if a credit card cannot be repaid within the repayment period, it may not only cause legal disputes, but also bear high penalty interest. The most important thing is that it will form a bad credit record, which will bring difficulties to your future work and life. to adversely affect.

Extended information:

Credit card application methods:

1. Bank branch counters

Going to a bank branch is the most traditional way to apply for a credit card. , the oldest way. The advantage is: filling in the information in detail can avoid a series of subsequent troubles; at the same time, if you have any questions, you can consult bank staff on the spot.

But its shortcomings are also obvious. Since the application information filled out by customers needs to be transferred from the bank branch to the credit card center for review, the approval speed is slow; secondly, you have to queue up at the bank branch, especially when it is overcrowded. At large banks, waiting in line for half an hour or more is common.

2. Mobile stalls

This is also an older method of credit card processing. It is more common in subway stations, large business districts (business districts) and other places with concentrated flows of people.

However, the biggest advantage of applying for a credit card at a mobile stall is that you can get a variety of gifts, ranging from thermos cups and power banks to trolley cases. Most of the gifts are quite practical. Yes, the value is not low either.

3. Online banking

This is the current mainstream credit card application method. You only need to enter various information according to the prompts on the relevant pages of the bank's official website to apply, which is very convenient and fast. Since the entered information will be quickly uploaded to the bank's credit card center, the approval speed is relatively fast. Generally, it takes 5-10 working days to check whether the application has been approved online. Some banks will have results in about 3 working days.

Of course, there are also disadvantages to applying for a credit card through online banking, that is, the credit card issued through this method cannot be activated over the phone or online. In other words, after you get the credit card, you still have to bring the card and valid documents to the nearest card-issuing bank branch for an interview.

4. Mobile terminal

I believe many people are familiar with Zhima Credit Score or JD Xiaobai Credit Card. Generally speaking, Zhima Credit Score is higher than 700 points. Novice credit score is higher than 90 points. Download the Alipay and JD Financial Apps, and after successfully logging in, you can check your credit score, and then find the relevant credit card application page to apply. However, the types of credit cards that can be processed through this method are very limited, and there are generally no more than 3 card types to choose from. Credit cards issued in this way must be interviewed by the bank before they can be activated.

5. Make an appointment to visit your home

On the whole, making an appointment to visit your home is the best way to apply for a credit card. You can make an appointment through the bank's official website, app or phone. Bank staff will come to your door on time to conduct one-on-one processing. There are a full range of cards to choose from, and you can get answers to any questions you have on the spot. Once you get the card, you no longer need to go to the bank for an interview. You can activate the card by phone or online.

It is worth mentioning that if you want to apply for a credit card, it is recommended to check your personal credit report on Tichacha first, and accurately optimize your credit based on the report, which can effectively improve the approval rate of card application. Do not apply blindly. Avoid being denied a card and affecting your personal credit.