Why do banks need to apply for a credit card when applying for a home loan?

In fact, it is not necessary to apply for a credit card to apply for a home loan. The reason why some banks require borrowers to apply for a credit card is because they Bundled consumption. By asking people who apply for mortgage loans to apply for a credit card, the number of bank credit cards issued will be increased.

When applying for a mortgage or mortgage loan at a bank, the lending bank will have a series of bundled sales activities, requiring you to apply for a credit card and open both the lending account and the repayment account with the lending bank. If you do not follow this If the application is processed, the loan will not be approved and will not enter the approval process. This is the case with ICBC and China Construction Bank. The bank has no choice but to ask you to complete the assessment. There are also some banks that convert loans to time deposit certificates and then pledge them to the bank and then lend you loans. This is an illegal method of converting loans into deposits. , what can be done, there are so many damn assessments, there are still gaps in this, help each other. The seven loan prohibitions stipulated by the China Banking Regulatory Commission are in vain. These commercial banks are doing it openly or covertly. You have to complete the assessment. It is also good for you to get a credit card. If you really don’t use the card after you get it, you can apply to cancel the account.

Mainly to complete the credit card tasks. Every bank needs to expand its business, and credit cards can bring a lot of capital flow.

Comparing the risks, capital return speed and profits of mortgage loans and credit cards, banks definitely like everyone to apply for credit cards. The same amount is 1 million yuan. If it is a mortgage, it can only be given to one person. The capital return period is generally between 20 and 30 years. The base interest rate for commercial loans is 4.9. But if you use this 1 million for credit card business, you can open cards for 100 people. The credit card will be repaid once a month, and the funds will flow back quickly. As for the profits that the credit card brings to the bank, it will be much more.

If a customer is granted a credit card when they go to the bank to apply for a mortgage, it is likely that the outlet is conducting bundled sales to increase the number of credit card issuances in order to complete business volume. In fact, in addition to credit cards, some bank outlets also sell insurance, financial management, funds and other financial products.

As for the credit card bundled with the home loan, if the customer does not want the credit card, they can refuse it directly. After all, it is a housing loan and has nothing to do with credit cards. Of course, if the customer happens to have a need to apply for a credit card, it is a good time to apply for a credit card.

As for the credit card that has been approved, if the customer has no need to use it, he can choose not to activate it (provided that the credit card is a no-activation, no-charge type); or he can directly apply to cancel the card. After applying for a mortgage at a bank, the bank also needs to apply for a credit card. Is it okay if I don’t apply for a credit card?

Of course, you can choose whether to apply for a credit card based on your own needs. Credit cards and mortgages have nothing to do with each other and will not be affected.

Extended information:

1. Credit card application conditions:

1. Whether it meets the requirements of the bank for issuing credit cards

2. Age Between the ages of 18 and 65

3. Have a stable career and income

4. Have good credit and the ability to pay interest on time

5. Natural persons with full capacity for civil conduct (robots, vegetative persons, minors, and mental patients to a certain extent are not allowed)

What should novices pay attention to when applying for a credit card

For many new For users who have a credit card, they still need to pay attention to several aspects:

First, after the credit card is activated, you need to sign on the back of the card in time. If there is no signature, the credit card may be lost if it is lost. This will lead to financial risks when you use the card.

Second, the cards received actually have the original password. At this time, you must change and remember the password during the activation process, and do not tell others the password.

Third, the security code is just like the ID card of the card. Once you know the card number, validity period and security code, you can pay successfully with or without a card. Some friends choose to stick the security code on, while others choose to remove the security code. Everyone should operate with caution to avoid damage to the card and the need to replace it.

Fourth, to apply for a credit card, you must be an adult, have an ID card, and have an employer, because you need to provide proof of employment before you can apply.

Fifth, everyone needs to be reminded that when applying for a credit card, you still need to choose the corresponding limit based on your consumption level and repayment ability. Otherwise, if the limit is exceeded, you will be under repayment pressure. If the loan becomes larger, there will be problems of not being able to exchange for money, which will affect your personal credit report.

In addition, novices should develop the habit of early repayment and rational consumption during the process of swiping credit cards, so as to avoid situations such as income and expenditure mismatch affecting the quality of life and causing increased repayment pressure.

I hope my answer can be helpful to you. What should I do if I am asked to apply for a credit card (debit card) when applying for a mortgage loan?

To apply for a mortgage, you are required to apply for a credit card (credit card). This is a behavior that many branches bundle with consumption. In order to increase the number of bank credit cards (credit cards) issued, applying for a credit card (credit card) is not required. It is a necessary prerequisite for a mortgage loan. If the individual does not have the need to overdraw for consumption, he can strictly refuse it.

However, credit cards (debit cards) can bring many benefits to everyone, including enjoying a certain amount of overdraft credit, accumulating your own credit, enjoying credit card (debit card) preferential activities, and suggesting good business with banks. Correspondence.

If you want to successfully apply for a mortgage, it is better to accept the bank's request for a credit card (debit card). There will be no adverse effects on the individual. Can I cancel my credit card application?

Cancellation is possible, but it may be more troublesome.

1. The current credit card is easy to apply for, but difficult to cancel. If the applicant submits application materials on the website or bank, it cannot be canceled. However, you can wait for a call back from your bank to indicate your intention. If an applicant submitted information through an agent and the information is still in the hands of the salesperson, you can call the salesperson to cancel the information.

1. Credit card, also known as credit card, is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. The form is a card with the name of the card issuer, expiration date, number, cardholder name, etc. printed on the front, and a magnetic strip and signature strip printed on the back. Consumers holding credit cards can go to specialized commercial service departments for shopping or consumption. The bank settles with merchants and cardholders, and cardholders can overdraft within the prescribed limit.

2. A credit card is usually a special carrier plastic card with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 1 mm. The name of the card issuer, expiration date, number, cardholder name, etc. are printed on the front, and the chip, magnetic strip and signature strip are printed on the back. Cardholders can use their credit cards to make purchases, purchases and cash deposits at the bank.

3. Characteristics of credit cards: depositing cash is not encouraged, spending first and repaying later, enjoying the interest-free repayment period, repaying in installments (minimum repayment amount), joining VISA, Master card, JCB and other international credit card organizations for global use. It is one of the fastest growing financial services today and is an electronic currency that can replace traditional cash circulation to a certain extent. It has both payment and credit features. Cardholders can use their credit cards to purchase goods or enjoy services, or they can also use their credit cards to obtain a certain amount of loans from card issuers. It is a high-tech product integrating financial business and computer technology. Can reduce the use of cash currency. It can provide settlement services to facilitate shopping and consumption and enhance a sense of security. It can simplify collection procedures and save social labor. It can promote product sales and stimulate social demand.