I have had the ICBC Peony Card for several years but have never used it. If you want to know whether it can still be used, you can call ICBC customer service to inquire.
Peony Card:
The bank cards issued by the Industrial and Commercial Bank of China are uniformly named Peony Card. "Peony Card" is the first financial product trademark registered by Industrial and Commercial Bank of China. Industrial and Commercial Bank of China officially issued Peony Credit Card on October 15, 1989. It joined MasterCard International (MASTERCARD) at the end of the same year and joined Visa International Organization (VISA) in early 1990. In the past ten years, eight types of Peony card products have been issued: Peony credit card, Peony Money Link card, Peony special card, Peony co-branded card, Peony color photo card, Peony smart card, Peony identity card and Peony international card, providing cardholders with shopping, consumption and deposit services. A series of services including cash withdrawal, transfer settlement, credit borrowing, automatic withdrawal, collection and payment, installment payment, card rewards, general deposit and redemption, etc. The application fields of Peony Card have gradually penetrated into all aspects of social and economic activities such as commerce, tourism, catering, entertainment, transportation, telecommunications, medical care, education, securities, and taxation. Peony Card's services such as wage payment, utility fee collection, and employee pension payment are widely carried out across the country and have been widely welcomed by relevant parties from all walks of life.
Industrial and COMMERCIAL BANK OF CHINA (ICBC, ICBC) was established on January 1, 1984. The head office is located at No. 55 Fuxingmennei Street, Beijing. It is a large state-owned bank managed by relevant departments and a national deputy ministerial level unit. The basic mission of ICBC is to raise social funds through domestic and foreign financing activities in accordance with national laws and regulations, strengthen credit fund management, support enterprise production and technological transformation, and serve my country's economic construction.
In February 2017, Brand Finance released the list of the top 500 global brands in 2017, with Industrial and Commercial Bank of China ranking 10th. On June 20, 2018, the "China's 500 Most Valuable Brands" analysis report was released, and ICBC ranked 4th. In July 2018, the British "Banker" magazine released the list of the top 1000 global banks in 2018, with Industrial and Commercial Bank of China ranking first. In 2018, Fortune ranked 26th among the world's top 500 companies. On December 18, 2018, the "Top 500 World Brands 2018" compiled by the World Brand Laboratory was announced, and ICBC ranked 43rd. On June 26, 2019, eight banks including the Industrial and Commercial Bank of China were among the first to launch online enterprise information verification systems.