I. Precautions for Credit Cards

1. Repayment on time: After using the credit card, you must remember to repay it on time. Once overdue, it will not only produce bad credit records, but also charge overdue penalty interest.

2. Don't swipe your card too often: Some people use credit cards more frequently, and the interval between swiping cards is short, which is easily controlled by banks.

3. Diversification of consumption: When using credit cards, cardholders should be diversified, not limited to one place, and can swipe their cards in hotels, restaurants, shopping malls and other places. If you spend money in one place all the time, banks will feel that cardholders have no spending power and reduce credit cards.

Second, credit cards.

Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.

China's relevant laws ("NPC Standing Committee on

Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.

From the date of 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.7 times of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate).