What do you mean by supplementary credit card?
The credit card secondary card is referred to as the secondary card for short, and it is subordinate to the credit card primary card. The conditions of the applicant for the secondary card and the applicant for the primary card are mainly reflected in the age difference. The applicant for the primary card requires 18 years old, and the applicant for the secondary card requires 14 years old. The primary card and the secondary card belong to the same account and share the credit line. All debts incurred by the supplementary cardholder when using the credit card shall be borne by the main cardholder, who shall repay the loan to the issuing bank.
Therefore, the relationship between the main cardholder and the supplementary cardholder is mostly property sharing, or they know and trust each other very well. At the same time, the main cardholder has the right to decide to add or cancel the supplementary card. If the main cardholder applies to cancel the credit card, the supplementary card will also be cancelled. When the main cardholder requests to stop using the supplementary card, the outstanding debt will still be borne by the main cardholder.
Is there an annual fee for the supplementary card?
The issue of annual fee has always been the focus of attention. This time, everyone will be disappointed. Supplementary credit cards have an annual fee, which is generally lower than the annual fee of the main card. Of course, every credit card in the bank will be different every year.
Generally speaking, the annual fee of the subsidiary card of the bank is half of the annual fee of the main card, but usually both the ordinary card and the gold card have a certain policy of exempting the annual fee of the main card and the subsidiary card. For example, if you swipe your card for the first year, you can waive the annual fee for the next year after reaching a certain number of times or a certain amount, while the annual fee is usually inevitable for high-end cards above the platinum card level.
What is the relationship between the primary card and the secondary card?
Generally, bank cards have a primary card and a secondary card, sharing a fund account, but they need to apply separately. At the same time, the main card and the auxiliary card are relatively independent, and they can set their own different transaction passwords.
The supplementary card uses the funds and credit line of the main card, and the overdraft amount is finally returned by the applicant of the main card, so the person who uses the supplementary card does not need proof of financial ability. If your spouse or immediate family members do not meet the requirements for applying for a credit card or are not old enough to apply for a master card, but need a credit card, you can apply for a supplementary card on the basis of the master card.
The premise of the existence of the secondary card is the existence of the main card, and the consumption repayment and credit records of the secondary card are recorded on the head of the main card holder. Therefore, the cardholder of the main card should pay attention after handling the supplementary card, and must give the card to someone who can be trusted, preferably a spouse or immediate family member.
Popularization of small knowledge
1. The credit lines of the main card and the supplementary card are the same. Once the consumption limit exceeds the credit limit, both the primary card and the secondary card will be affected.
2. The credit limit of the secondary card is limited by the cardholder of the primary card, which can be shared by 100% or a certain proportion of the credit limit of the primary card.
3. The preferential activities of the bank, the value-added service supplementary card of the card can also be enjoyed, and the value-added service of individual projects, the platinum card supplementary card of some banks may not be enjoyed independently.
4. In terms of points, the credit card consumption points of supplementary cards are ultimately accumulated on the main card consumption points, but the points of ICBC supplementary cards can be used independently.
There is a misunderstanding that cardholders use credit cards. Credit cards only charge annual fees at the end of the year, but this is not the case. Consulting the major commercial banks, we know that most annual credit card fees are generally determined according to the date of card opening, not every natural year, but related to the date of card opening.