is the credit card easy to use?

credit cards are very easy to use.

Compared with ordinary bank savings cards, the most convenient way to use a credit card is to make ordinary consumption without cash in the card. In many cases, it is only necessary to return the amount of consumption on time.

Advantages of credit card:

You can overdraw consumption without deposit, and you can enjoy an interest-free period of 2-56 days, and you can repay interest on time without any charge (most banks will charge .5% interest on the day of cash withdrawal, and there is a 2% handling fee, while ICBC will charge interest only);

2. It is not only safe and convenient to swipe your card when shopping, but also a bonus gift;

3. special merchants who hold cards in banks can enjoy discounts;

4. Accumulate personal credit and add credit records to your credit file, which will benefit you for life;

5. Access to the whole country is barrier-free, and you can withdraw money or swipe your card at ATMs and POS machines with UnionPay logo; (Remarks: Credit cards are only suitable for spending credit cards, and it is best not to withdraw cash, which is very expensive and uneconomical)

6. Credit card spending, some credit cards taking existing points, and various discounts and lottery activities throughout the year will make you feel surprised at all times as long as you use the card. (Most credit cards pay online without points, but online shopping payment is very convenient and fast);

is the credit card useful?

the credit card is useful.

main uses of credit cards:

1. direct consumption function. This is the most basic function of a credit card. Cardholders can use cards instead of cash in special merchants marked with the Great Wall Credit Card of China Bank, including shops, hotels, restaurants, airports, hospitals and other places.

2. Savings deposit function. The bank will calculate the deposit and reserve fund of the credit card account at the prescribed interest rate and treat it as a savings deposit.

3. Transfer and settlement function. With the card, the cardholder can transfer payment from his own account in the business structure of China Bank.

4. ATM cash withdrawal function. Cardholders can withdraw cash at China Bank outlets and ATMs in the province.

5. overdraft function. The cardholder can overdraw the cash withdrawal and payment within the limit allowed by the issuing bank, and collect overdraft interest at the same time.

credit card consumption is a non-cash transaction payment method, and it is not necessary to pay cash when spending, and the repayment will be made on the BillingDate.

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards with a certain credit limit within which the cardholder 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 as required, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the specified credit limit. The credit card generally refers to a credit card.

from January 1, 221, the credit card overdraft interest rate will be determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limits of the credit card overdraft interest rate will be cancelled (the original upper limit is .7 times of the daily interest rate of .5 ‰, and the lower limit is .7 times of the daily interest rate)

Consequences of overdue credit cards

1. Liquidated damages will be incurred, generally 5% of the unpaid amount.

2, high interest, and it is a rolling interest, and interest is very scary when there are many debts.

3. The overdue period will stain the credit record, which will lead to the inability to handle financial needs such as house purchase and loan in the next two years.

4. If it is overdue for more than 3 months and the amount exceeds 1,, the bank has failed to make several reminders, and it will not only pay back the money, but also bear criminal responsibility.

if you don't intend to continue using the credit card, you must cancel the account. If you don't cancel the account, the bank will charge the annual fee of the credit card.

you can apply for account cancellation at any time if the card is not overdrawn.

if the card has not expired, you need to apply first, and then go to the bank to cancel the account after a certain period of time; If the card has passed the validity period and the account balance is zero, you can go directly to the designated bank outlet to cancel the account. When closing the account, you should bring the original valid identity certificate and card. If it is not convenient for me to go through the formalities of closing the account, someone else can do it for you. The agent must hold the power of attorney written by the principal (himself) and bring the original valid identity certificate to handle the account cancellation business.

if your card has not expired when you cancel your account, some banks stipulate that you need to go to the designated outlets to receive the card, and then go through the formal account cancellation procedures after a certain period of time (up to 3 days).

This is mainly because if the cardholder has done a manual card pressing transaction before closing the account, the cardholder has already closed the account before the merchant has submitted the card pressing form to the bank for entry, so the bank will liquidate. On the other hand, if the cardholder is in consumption abroad or withdraws cash, it may be several days before liquidation. If the account is cancelled immediately, it will also affect the normal liquidation of the bank.

how about a credit card? what are the disadvantages of a credit card?

The advantages and disadvantages of applying for a credit card are as follows:

1. Advantages of a credit card:

1. You can overdraw your consumption without deposit and enjoy an interest-free period of 2-56 days. 2, when shopping, there are points for gifts. 3. Special merchants who hold cards in banks can enjoy discounts. 4, the accumulation of personal credit, credit records can be added. 5. You can withdraw money or spend money by credit card at ATM and POS machines with UnionPay logo. 6. Some credit cards take existing points. 7. Mail the statement free of charge every month. 8, supplementary card function, can * * * with financial management, can also grasp the children's financial expenditure. 9. In the form of one card and two currencies, consumption abroad can repay in RMB. 1, 24-hour service hotline, loss reporting takes effect immediately. 11. Cooperate with third-party platforms to provide preferential services for cardholders.

2. Disadvantages of credit cards:

1. Credit cards can easily lead to excessive consumption. 2. The annual interest rate of credit cards is high. 3. Credit card debt will bring mental stress. 4. If the credit is not good, the cost of borrowing money is higher, and it is even impossible to borrow money.

At present, all major banks support handling credit cards, such as Industrial and Commercial Bank of China, China Construction Bank and China Merchants Bank. You can APPly for credit cards at the mobile banking app, online banking and business hall outlets of banks.

Many people often take out loans for emergencies when they are stuck in their lives. Baidu has money to spend: the micro-credit loan under Du Xiaoman has a maximum amount of 2,, which can be borrowed for 24 months at the longest, and the annual interest rate is as low as 7.2%. The specific interest rate is subject to the loan page. Be able to borrow and repay the loan flexibly, apply online all the time, without guarantee and mortgage. The results will come out in a few minutes at the earliest after submitting the application, and you can get the money on the same day after passing it.