Hello, your credit card application has been approved! Please bring your ID card to any CMB branch to complete the signature confirmation procedure as soon as possible. Are you going for an interview?
Yes
1. When applying for a China Merchants Bank credit card via online banking for the first time, there are two situations after the initial review by the system:
1. Specialist of China Merchants Bank We will contact you by phone within 4 working days to make an appointment for a visit;
2. Send you a review notification text message. You are required to present the text message and bring your valid ID card to any CMB branch to sign and confirm the procedure within 30 days. , if the verification is successful on the same day, the system will issue the card that night, and the card will be mailed to you. You will receive it about a week after it is sent.
In addition, due to the epidemic, our bank staff are temporarily unable to provide you with offline services. Our bank will contact you by phone as soon as possible at an appropriate time. In addition, the validity period of the credit card interview is extended to 60 days. You can contact the credit card customer service to verify the specific situation.
2. Warm Tips
1. In the two cases, the system automatically assigns the system and cannot be selected. The final review result shall prevail.
2. If the interview time exceeds 30 days, you need to resubmit the application materials to the branch for processing. You can only apply once within 2 months of online banking appointment.
3. If you apply for a China Merchants Bank credit card, or apply for a credit card through online channels (except for door-to-door applications and professional version applications), you need to bring the original ID card (temporary ID cards cannot be applied) to any CMB counter. For interviews and campus cards, you can pay attention to whether the text message asks you to go to a branch in the same city. Failure to attend an interview within the due date will be deemed as automatically giving up the application for a credit card. And you cannot submit another credit card application online within 90 days.
Credit card approval process:
1. Step 1: Internal evaluation of the bank
First, the bank will enter the applicant’s basic information into the internal evaluation system. and make a preliminary assessment of it.
If you have had business dealings with the bank before, such as applying for a debit card and credit card, applying for a loan, purchasing financial products, etc., then the bank will be able to know whether you are a high-quality customer of the bank. client.
If you are a high-quality customer, your credit card will basically be approved in seconds. If you want to become a high-quality customer of the bank, the most direct way is to directly deposit 50,000 to 100,000 yuan on a regular basis, and the card limit is 30,000 yuan guaranteed.
2. Step 2: Check personal credit report
A credit card is actually a simple credit service. It can be said that there is no difference between applying for a credit card and applying for a loan.
In order to reduce the non-performing rate of credit cards, according to relevant (hard) regulations, banks must query the applicant's personal credit report.
It should be noted that in addition to overdue credit business, if there are too many credit inquiries, or utility bills are not paid on time, or there is a criminal record at the police station, the credit card will be affected. of approval.
3. Step 3: Personal comprehensive score
Also called credit score, it is given by the credit scoring system of each bank. The level of credit score will directly determine whether the bank Grant of credit and the amount of credit granted.
As we all know, the higher the credit score, the greater the chance that the cardholder will apply for the card, and the higher the credit limit obtained, and the credit score standards of each bank are strictly confidential.
4. Step 4: Credit card holding status
When approving a credit card, the bank will refer to the applicant's credit status.
Currently, except for the four major banks and China Merchants Bank, all other banks can apply for a card.
Does passing the preliminary review of the credit card mean that the application is successful?
Passing the preliminary review of the credit card does not count as a successful application, but the applicant’s information has basically met the bank’s card issuance standards. The applicant must Pay attention to the final review results.
After receiving the application form and relevant materials from the applicant, the card-issuing bank must review the applicant's creditworthiness. The content of the review mainly includes whether the content of the application form is true. The creditworthiness of the applying unit must be evaluated, and the relevant circumstances of the guarantor must also be reviewed for individuals.
Article 43 of the "Regulations on the Supervision and Administration of Credit Card Business of Commercial Banks" shall not issue credit cards through automatic card issuance by the entire system to customers who apply for our bank's credit cards for the first time.
Credit card applicants should be subject to strict review and strengthen risk prevention and control when they have the following circumstances:
(1) Leaving relevant suspicious information or criminal records in the identity information system;
(2) There is no credit record in the credit reporting system;
(3) There are bad records in the credit reporting system;
(4) There are multiple banks in the credit reporting system Loan or credit card credit records;
(5) Business travel cards and business purchase cards issued by the unit;
(6) Risk information obtained through other channels.
Credit cards, also called credit cards, are credit certificates issued by commercial banks or credit card companies to consumers with qualified credit. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.
Credit cards stipulated in the relevant laws of our country ("Interpretation of the Standing Committee of the National People's Congress on Relevant Credit Card Regulations") refer to credit cards issued by commercial banks or other financial institutions with the functions of consumption payment, credit loans, transfer settlement , deposit and withdraw cash, etc., an electronic payment card with all or part of the functions? On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented, stipulating that the standard English name of credit cards is CreditCard.
Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when consumption, and repayment will be made on the billing date (BillingDate).
Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the prescribed credit limit.
The credit card generally refers to a credit card.
Starting from January 1, 2021, the credit card overdraft interest rate will be determined independently by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of credit card overdraft interest rates will be cancelled. The daily interest rate is 0.7 times 5/10,000).
On May 25, 2021, the Supreme People’s Court issued and implemented the “Regulations of the Supreme People’s Court on Several Issues Concerning the Trial of Bank Card Civil Cases.”
Credit card is a non-cash payment method and a simple credit service. A credit card is generally a plastic card with a length of 85.60 mm, a width of 53.98 mm, and a thickness of 1 mm. It is issued to the cardholder by the bank or credit card company based on the user's creditworthiness and financial resources. The cardholder does not need to pay cash when using the credit card to make purchases. Make further repayments. Except for some credit cards combined with debit cards, general credit cards are different from debit cards and ATM cards in that credit cards will not directly deduct funds from the user's account.
Credit cards are issued by commercial banks to individuals and organizations. They can use them to shop and consume with specially appointed organizations and deposit and withdraw cash from banks. They are special carrier cards with consumer credit. They are in the form of a card with the card issuing number printed on the front. Cards with bank name, validity period, number, cardholder name, etc., and a magnetic stripe and signature strip on the back.
A real credit card has the following characteristics: it is not encouraged to deposit cash in advance, consume first and repay later, enjoys an interest-free payment period, can repay in installments independently (with a minimum repayment amount), join VISA, MASTER Wait for international credit card organizations to make it universally applicable.
What does it mean to pass the preliminary review of a credit card?
Passing the preliminary review of a credit card means that the review of personal information and assets has been completed. The content of the initial credit card review mainly includes basic personal information, employment certificate, income, etc. If the information is incomplete, the applicant will be notified to complete the information.
After the initial review is completed, banks generally will also inquire about the applicant’s credit record. Banks mainly look at the number of times your credit report has been inquired and the specific circumstances of applying for a loan or credit card business. This is used to determine whether the applicant's past credit report meets the conditions for card approval.
Credit cards, also called credit cards, are credit certificates issued by commercial banks or credit card companies to consumers with qualified credit. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back.
Consumers holding credit cards can shop or consume at specially designated commercial service departments, and then the bank will settle the accounts with merchants and cardholders. Cardholders can overdraft within the prescribed limit.
1. Can credit cards be repaid in advance
Credit cards can be repaid in advance; and there is no handling fee. Under normal circumstances, the order of credit card repayment is to pay the bills that have been issued first, and then the bills that have not been issued. The remaining money becomes "overpayment", and the overpayment will be spent first by default when swiping the card. Some banks charge handling fees for withdrawing overpaid credit card funds, which needs to be noted by cardholders. That is to say, if we have both paid and unpaid credit card bills, our repayment will be offset against the paid bills first, and the remaining money will be used to repay the unpaid bills. Whether it is full payment or partial payment, the credit limit of the cardholder's credit card will be restored, but what will be restored is the repayment amount paid. If the current bill is not paid off by the final repayment date, late payment fees will be incurred and may also affect the cardholder's credit record.
2. Can I repay the loan in advance when applying for installment?
Credit card installment business involves installment handling fees. Some banks charge them in one go, while others charge them in installments. Generally speaking, if you apply for a credit card installment business, you can repay the loan in advance. For example, if you apply for 12 installments and you have enough money by the time you pay the 6th installment, you can repay the loan in advance. However, for early repayment after a credit card installment, the installment handling fee is often non-refundable or the bank will still charge the handling fee for the remaining installments. However, among domestic banks, ICBC and CITIC currently do not charge installment handling fees for the remaining installments. CITIC credit card handling fees are charged in installments. During the bill or single installment process, a one-time repayment can be made in advance. The handling fees incurred will not be refunded, and handling fees that have not yet been incurred will not be charged.
That’s it for the introduction that your credit card has been approved.