I. What is a consolidated account?
When you hold multiple credit cards from the same bank, you will see one or two accounts in the credit report of the People's Bank of China, that is, RMB and foreign currency, that is, the combined accounts of Xinhe Newspaper.
If your credit card belongs to China Merchants Bank, you will see two accounts in the credit report, RMB and USD. No matter how many cards you apply for in the future, these two accounts are still on the credit report.
However, if your credit card belongs to China Bank, every time you add a single-currency credit card, there will be an account on your credit report. If you add a dual-currency credit card, there will be two more accounts on your credit report.
2. What banks are there in the comprehensive credit insurance account?
So, which banks belong to the comprehensive credit insurance account? Let me sum it up.
Banks with consolidated credit accounts include: China Merchants Bank, Shanghai Pudong Development Bank, Minsheng Bank (consolidated by currency), Huaxia Bank, Ping An Bank, Bank of Beijing and Bank of Shanghai.
Banks that do not merge credit insurance accounts include: Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, China CITIC Bank, China Guangfa Bank, Industrial Bank, Postal Savings Bank, China Everbright Bank, Standard Chartered Bank, Citibank, HSBC Bank and Bank of Communications.
If the bank that handles credit cards is a consolidated credit account, remember to pay attention to the annual fee after handling multiple credit cards. If you apply for a collection card, you can choose not to open it.
If the bank that handles credit cards is not a combination of credit insurance, then if we handle too many cards, it will have an impact on our desire to handle other cards. We need to pay more attention to this. When you do it, ask yourself if this card is necessary, or pay attention to the order of opening the card.
To sum up, do you know much about Xinbao's consolidated account now?