The difference between China Merchants Bank’s ordinary cards and gold cards: analysis from four aspects
We all know that China Merchants Bank’s credit cards are divided into ordinary credit cards and high-end credit cards. The ordinary credit cards include Although both ordinary credit cards and gold credit cards are ordinary credit cards, there are still differences, which can be analyzed from four aspects.
1. Credit card level:
This can be said to be the most obvious difference. China Merchants Bank’s credit cards are arranged by level as regular card, gold card, platinum card, platinum card and above. Wait, so it is not difficult to see that the level of the regular card is the lowest, lower than the level of the gold card;
2. Credit card rights:
Cardholders of different levels are The benefits provided by each person are different. Ordinary credit cards have the least benefits. Basically, they have no other benefits except for the basic financial functions of the credit card. Gold cards have more benefits than ordinary cards.
3. Credit card annual fee:
The rights and interests of China Merchants Bank credit cards are based on the annual fee. The more services the Gold Card provides than the regular card, the annual fee will be higher than the regular card. The card is high.
However, the regular card and gold card are both ordinary cards and can enjoy the preferential annual fee policy of China Merchants Bank. That is, you can reduce the annual fee for the next year by swiping the card 6 times. If you do not open the card, there will be no annual fee. fee.
4. Credit card limit:
The credit card limit that everyone is concerned about depends on the user's credit conditions, but it is still related to the card level.
China Merchants Bank will grant a quota range to the regular card and gold card respectively, and then grant credit within the corresponding quota range based on the comprehensive credit assessment results of the user and the card level applied by the cardholder. The higher it is, the higher the limit, so the gold card limit is higher than the regular card limit.
To sum up, there are the above four differences between China Merchants Bank’s regular card and gold card. I hope it will be helpful to everyone.
What is the difference between China Merchants Bank’s gold card and ordinary credit card?
The difference between China Merchants Bank’s ordinary card and gold card is in four aspects:
1. Credit card level: ordinary The card level is the lowest, which is lower than the gold card level;
2. Credit card rights: Different levels of credit cards provide cardholders with different rights and interests, and ordinary credit cards have the least rights.
3. Credit card annual fee: China Merchants Bank’s credit card rights are based on the annual fee. The more services a gold card provides than a regular card, the annual fee will be higher than that of a regular card.
4. Credit card limits are different.
CreditCard is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit.
The form of a credit card is a card with the name of the card-issuing bank, validity period, number, cardholder name, etc. printed on the front. Consumers holding credit cards can go to a special commercial service department for shopping or consumption, and then The bank makes settlements with merchants and cardholders, and cardholders can overdraw within the prescribed limit.
Development History:
Credit card, also known as credit card, is a non-cash payment method and a simple credit service. Credit cards are generally plastic cards with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 1 mm. They are issued to cardholders by banks or credit card companies based on the user's creditworthiness and financial resources. Cardholders do not need to pay cash when making purchases with a credit card. Make further repayments. Except for some credit cards combined with debit cards, general credit cards are different from debit cards and ATM cards in that credit cards will not directly deduct funds from the user's account.
In the 1960s, credit cards sprouted and developed rapidly in developed European and American countries such as the United States, Canada and the United Kingdom. After more than 50 years of development, credit cards have been widely accepted in more than 95 countries around the world. In the 1980s, with the reform and opening up and the development of the market economy, credit cards began to enter China as an electronic and modern consumer financial payment tool. In the past ten years, they have developed by leaps and bounds.
After experiencing the financial crisis and the ups and downs of the domestic economy, China's credit card market rebounded in 2010.
By the end of 2010, the total number of domestic credit cards issued had exceeded 200 million. In 2010, the national credit card inter-bank transaction amount reached 5.11 trillion yuan, and the consumption amount was 2.7 trillion yuan. The proportion of credit card consumption in the total retail sales of consumer goods continues to increase.
China’s credit card market is still one of the fastest-growing product lines in China’s personal financial services market. Although the economic benefits of the industry are full of challenges, driven by economies of scale and growth in consumer spending, China’s credit card market will continue to grow in the next 10 years. The average annual growth rate of credit card issuance will remain at around 14, and profitability will also tend to improve. Qianzhan.com predicts that by 2020, the cumulative number of credit cards issued in China will exceed 800 million.
What types of credit cards does China Merchants Bank have?
China Merchants Bank’s credit cards are generally divided into regular cards, gold cards, platinum cards, and gold cards. The annual fees can be waived by swiping, but the platinum cards have rigid annual fees, and they are standard. It’s relatively high, but you also enjoy more rights
That’s it for the introduction of China Merchants Bank’s credit card levels.