I believe that some cardholders do not know that there is a credit card supplementary card, so what is a credit card supplementary card, what is its function, and under what circumstances do we need to apply? What issues should I pay attention to when using supplementary cards? Let me introduce it to you today.

As for whether to use a credit card supplementary card, it depends on the cardholder's own situation.

1. What is a credit card supplementary card?

The supplementary credit card is relative to the main card. Generally, a credit card can be bound to two supplementary cards at most.

The relationship between the supplementary credit card and the main credit card is like a bank card and a passbook. Generally speaking, the main card is used by the credit card owner himself, while the supplementary card is used by immediate relatives. Two cards can be used Used at the same time, the credit limit is guaranteed, but the repayment method will be different according to bank regulations or customer needs.

Supplementary cards can only be applied for by immediate family members, and are limited to parents, spouses, and children. Children have age restrictions. Different banks have different age requirements for children. Generally, they are required to be between 13 and 18 years old. Age range varies. At the same time, the supplementary card can fully enjoy the credit limit of the main card, and the consumption records will be included in the main card statement, and the main cardholder will pay off the bill.

It can be seen that banks are quite user-friendly. For immediate family members who have no income and repayment ability, we can open a main card and a secondary card. Generally, the party with financial ability opens the primary card and the other party uses the secondary card. Card. For example, parents apply for a primary credit card and then issue a secondary card for their children who are 13 years old or older. In this way, parents can repay the money after their children swipe their cards to make purchases.

2. What is the credit limit of the main credit card and the supplementary card?

This means that the total limit that can be used by the main card and the supplementary card is the same. For example, Xiao Li has a CITIC credit card with a limit of 30,000 and opened a supplementary card. Xiao Li gave the secondary card to his father, Lao Li. If Lao Li spends 5,000 yuan that month, then Lao Wang’s available quota for that month is 30,000-5,000 = 25,000 yuan.

Moreover, Xiao Li can check Lao Li’s credit card records, and Lao Li’s consumption bills are unified into Xiao Li’s bills. On the repayment date of the CITIC credit card, Lao Wang needs to pay off the bill amount swiped by his father, Lao Li, and himself.

Since it is the exclusive limit, how can the main card limit the credit limit of the secondary card? What should I do if the secondary card has exhausted the limit of the main card?

Currently, only six banks, including Bank of China, China Construction Bank, Industrial and Commercial Bank of China, Bank of Communications, China Merchants Bank, and China Everbright Bank, can set supplementary credit card limits. If other banks want to control the additional card limit, they need to adjust the main and additional card limit together.

So, when applying for an additional card, you must first consult the card issuer to see if the additional card limit can be set. If it can be set, set it according to the actual situation. If not, it is recommended to apply for an additional card that can set the limit. Then set the limit according to the user's daily consumption for easy management.

3. What are the benefits of applying for a credit card supplementary card?

The supplementary card is not suitable for everyone to apply for. Generally, if you have parents and children at home, you need to apply for it only if you need to make daily purchases. Because not everyone can apply for a credit card. To apply for a credit card, you need to be over 18 years old, have full civil capacity, and have a relatively stable source of income. If you don't have the ability to repay the money, the bank will not apply for a credit card.

Moreover, there are also conditions for opening a supplementary credit card. They must be immediate family members, and can only be applied for parents, spouses, and children.

Therefore, the number of parents applying for supplementary cards is gradually increasing. Not only because of convenience, parents can also control their children's consumption and restrict their children's consumption through fund usage flow limits, which can also cultivate their financial management skills. . Because students basically have no independent financial resources, there are restrictions on applying for a credit card, but this problem does not exist when applying for an additional card. In daily life, there are more and more places where you can swipe your card for consumption, and you can also redeem points by swiping your card.

Four. Pay attention to the pitfalls of credit card supplementary cards!

In the eyes of some consumers, it is indeed a lot more convenient to apply for a supplementary credit card. However, it should be noted that when using supplementary cards, you need to be aware of some potential risks.

1. Both the primary card and the supplementary card have annual fees

Many people may not know that there are annual fees for supplementary credit cards.

Each bank's credit card supplementary card requires an annual fee. The annual fee for the supplementary card is 50% of the main card. Moreover, the higher the level of the card, the higher the annual fee you need to pay.

However, each bank has its own annual fee reduction measures, and cardholders must understand it clearly before applying. Some banks can waive the annual credit card fee by swiping 3 or 6 times, while others require 18 swipes, and the number of swipes for the supplementary card is the same as the main credit card.

2. The main and supplementary credit cards need to be reported separately for loss

In the relationship between the main and supplementary cardholders, the main cardholder is in a dominant position and has the right to decide to add Or cancel the additional card, and the additional card holder will be in a subordinate position. Both cards are independent cards, and reporting the loss of one card will not affect the use of the other card.

However, if the main card is cancelled, the additional card should be returned to the card issuer. When the primary cardholder requests to stop using the additional card midway, the additional card should also be returned to the card issuer, and the unsettled debt will still be borne by the primary cardholder.

3. When using a credit card supplementary card overseas, pay attention to the exchange rate

If the supplementary card is used overseas, it may also involve exchange between different currencies, which will incur certain exchange fees. , need to be borne by the main cardholder, and these must be understood clearly before use. To avoid unnecessary charges to the primary cardholder.

5. Is there a limit on the number of supplementary cards I can apply for?

It depends on the specific card type. Some card types have an unlimited number of supplementary cards, while others are limited to 1 or 3 cards, and there will be a clear quantity limit.