How do group owners know about store discounts
All group owners need to be right. Links from upstream must be converted into their own, and only then can their own group make money. Get money
The word "picking up wool" is actually an Internet buzzword. It initially refers to the behavior of those who specifically collect online discounts and promotions from banks and other financial institutions and obtain some benefits from them. But now "picking up wool" is now available. It is no longer limited to financial work, but has now developed into a broader meaning. Anyone who participates in various preferential activities (whether online or offline) and obtains cash or in-kind benefits can be called profiteering.
1. Several types of wool harvesting:
1. Subsidizing wool harvesting
For example, sharing bicycles, giving red envelopes while riding, etc. For the purpose of promotion, this also facilitates the Wool Party.
(No need to say more, it is now a thing of the past)
2. Bank card/credit card wool
Many banks will launch credit card wool, new Applying for a card will give you various benefits and coupons. For example, China Merchants Bank often has various coupon activities.
3. Place orders on behalf of others (high risk factor, large returns)
Generally 618, JD.com and Tmall will issue various coupons around Double Eleven. At this time, the group is commonly known as scalpers. Most of them use coupons or mobile phone milk powder at event prices. These are combined with discounted e-cards or steel cards or rebates to achieve relatively high returns, but the risk factor is extremely high
2. How to find wool quickly
The easiest way is to search for keywords, such as "wool harvesting, tip activities, wool rolling, making customers, coupons"
This is also a requirement to become a proficient user. Find the latest wool information in a certain time process. Join major wool party groups, the more you communicate, the more latest news you will know.
I heard that Guangfa Bank Card has a lot of money to be harvested. Is this true?
1. Guangfa Bank has weekly activities, such as buy one get one free when buying Starbucks with Guangfa Credit Card
2. Guangfa Credit Card is the first domestic standard issued by Guangfa Bank in 1995 Credit card is also the first credit card to achieve profitability. The card has a preset credit limit in accordance with international standards. Spend first and repay later. No pre-deposit is required. You can use the credit limit for overdraft consumption and cash withdrawal transactions.
The interest-free period for overdraft consumption can last up to 50 days. As long as you repay in full before the repayment due date specified by the bank, you can enjoy the interest-free period from the date of transaction to the date of repayment. Interest-free treatment until the maturity date. The repayment method is flexible, you can pay it off in full, or choose the minimum repayment amount, enjoy revolving credit, and manage your finances more freely.
Guangfa Card has always adhered to the service concept of "giving you more and seeing further", guided by customer needs, and leading the Chinese credit card market with innovation and market segmentation. As of June 2010, the number of cards issued exceeded 10 million, forming a distinctive "widely distributed card model" with simultaneous development of "quality" and "quantity", and becoming a well-known brand in the credit card field. Guangfa Card has successively won honors such as "Top Ten Most Trustworthy Bank Cards in the World/China", "UnionPay Standard Credit Card Market Development Award", and "Asia-Pacific Best Customer Service Award". At the end of 2010, the credit balance of Guangfa Card exceeded RMB 30 billion, the profit growth rate exceeded 80%, the net profit led the credit card industry, the annual new bad rate was less than 1, and the activity rate, average card income and average card profit were all ahead of the industry.
2. Minimum repayment: The annual fee for the main card: the annual fee for the regular UnionPay card is 40 yuan, and the annual fee for the gold UnionPay card is 80 yuan.
Annual fee exemption policy: the first year is waived The annual fee for the next year will be waived by swiping the card six times. The annual fee for the MasterCard Titanium Card is 480 yuan. The annual fee is charged in the first year. From the first year, points can be accumulated every year and the annual fee will be waived for the next half year on a rolling basis if you spend 80,000 yuan with the card.
Cash advance limit: 50% of the credit limit
Interest-free period: 20 days to 50 days
Consumption verification method: signature signature password
Revolving credit interest (daily interest): 0.05 interest per day, the minimum charge is 1 yuan
Consumption SMS notification fee: free notification for purchases above 300 yuan, and the SMS notification function is required for purchases below 300 yuan, and the fee is monthly 3 yuan
How to get wool with Ping An Credit Card
You can get wool by paying attention to activities and holiday discounts with Ping An Credit Card.
There are many preferential activities for Ping An Credit Card. At the same time, there will be discount coupons for purchases on the e-commerce platform. You can get wool by using the coupons. At the same time, corresponding activities will be launched during holidays every year, usually only You need to pay attention to the event announcements within a week before the festival, get the coupons in advance, and consume before the coupons expire to enjoy preferential prices.
The purpose of credit card activities is to increase the utilization rate of users, so many corresponding consumption discounts will be provided to promote user consumption. While users enjoy the discounts, the consumption amount will also increase.
Credit card slang: What do "moving bricks", "wool" and "leg hair" mean?
Just like "Zongzi" and "Ghost Blowing Lamp" in Tomb Raider Notes, the credit card industry also has its own argots. In this issue, Mr. Aika will share these argots with you.
Basic commonly used words
Brick
"Brick" specifically refers to 10,000 yuan, and "brick" means depositing money in a bank to obtain a high-end debit card or Credit card placement opportunity. For example, the requirement for CMB Golden Sunflower card is 50 bricks, which means 500,000 yuan.
The term "brick" comes from the appearance of ten thousand yuan, which looks like a red brick.
Wool
Credit/bank card points or activities that can obtain benefits/rights, "wool", that is, through activities to obtain points or use benefits/rights, such as Pudong Development AE The free three-time airport pick-up and drop-off, 9 CITIC points benefits, etc. can all be called "wool".
Wool comes from the sheep, and "gathering the wool" usually requires time or money. Occasionally it is free, and sometimes it is "reversely harvested", which means that the time/money cost is greater than the wool itself.
At present, the concept of "wool" is no longer limited to banks, but has been extended to hotels and airlines, and is divided into "small wool" and "big wool".
Guiyuan
At first it referred to beautiful female bank tellers, and later it generally referred to tellers.
Protection fee
The installment fee or handling fee paid by cardholders in order to apply for a card or increase the limit.
Black Room
Early referred to the VIP room of China Merchants Bank. Later, it generally referred to the blacklist of cardholders who entered the bank due to violations, refunds, etc., such as the Black Room of China Merchants Bank. Houses (temporary quotas cannot be raised, etc.) and Pudong Development’s small black houses (single digit red envelopes), divided into short-term and long-term.
Apply for a card with a card
As the name suggests, you can apply for a card from another bank through the bank card you already hold. If you hold Pudong Development Super White, you can use it as one of the application materials when applying for China Merchants Bank AE White/Private Banking. Similar to this is the term "matching" for hotel membership cards. Holding an SPG Gold Card can match Marriott Gold. Unlike bank cards, such "matching" is done for different hotel memberships of the same company.
Leg Hair Card
A card that uses ATM machines to withdraw cash and then repay the money in exchange for credit card points, such as the "Leg Hair Card" of China Merchants Bank, which waives the formalities for the first cash withdrawal every month Fees - YOUNG card, GQ co-branded card, Weibo master card, etc. You can get 100 points every time you withdraw 2,000 yuan from a single card.
China Merchants Bank's "leg hair stuck" problem has become a last resort since May this year.
Bank
Xiao Zhao-China Merchants Bank
The homophonic pronunciation of "Zhao" is sometimes spoofed as "bad bank".
Aunt Bank-Industrial and Commercial Bank of China
It is said that most of the tellers in other banks are young women. ICBC takes the "Lufthansa" route, and most of the tellers are older women. It is jokingly called "Aunt Bank", and some cardholders also call ICBC "Universal Bank". This is because ICBC once had the highest market value among many banks, so it was jokingly called "Universal Bank". Mr. Aika prefers "Aunt Bank". , seems friendly.
Abolition of Bank - China Guangfa Bank
I have to admire the wonderful idea of ??card friends, who combined "Guang" and "Fa" into one, and the "Abolition" of Bank was thus Come.
Mr. Aika feels that the term "bank abolition" reflects the low cost performance of China Guangfa Bank's credit cards. However, China Guangfa Bank has made great efforts recently and is a promising stock.
Monkey Bank - Shanghai Pudong Development Bank
Card issuance is arbitrary and irregular. For example, AE is white. Some cardholders can apply online in seconds, while some cardholders have a lot of credit cards, and other banks are high-end. The card blessing was rejected instantly, so card friends nicknamed it "Monkey" or "Monkey Walk";
Some card friends said that Pudong Development Bank once held a "Great Sage" event and got its name. Mr. Aika even said I like the former expression.
Brick Bank - Bank of China
The credit card limit is provided entirely based on deposits, so it gradually became known as "Brick Bank".
Card Organization
International credit card organization, bank card transfer clearing agency, bank card clearing business refers to the responsibility for multiple banks or franchises engaged in financial business when bank cards are traded across banks. Liquidate funds between institutions (non-financial payment institutions) and assist in completing fund transfers.
There are currently six major card organizations:
VISA International, abbreviated as V
MasterCard International, abbreviated as M
American Express International Co., Ltd. (AmericaExpress), abbreviated as AE
China UnionPay Co., Ltd. (ChinaUnionPayCo., Ltd.) has no English abbreviation. . .
Diners Club
JCB Japan International Credit Card Company (JCB)
Others
There are also some such as LLJ , TD, TX, big chicken, small chicken, etc. will not be mentioned here, everyone can understand them.
Okay, that’s it for this issue’s guide on how to “hack” credit cards for newbies, hoping to help more novice cardholders get started quickly.
This is the end of the introduction about the number of credit card users and which bank has the most credit card users. Have you found the information you need?