1. Application: In most cases, citizens with full capacity for civil conduct (Chinese mainland 18-year-old citizens) who have a certain direct source of income can apply for a credit card from the issuing bank. Sometimes, legal persons can also act as applicants.
2. Examination: After receiving the application form and relevant materials submitted by the applicant, the issuing bank shall examine the applicant's credit standing. The contents of the audit mainly include whether the contents of the application form are true, evaluating the credit degree of the applicant, and auditing the relevant information of the personal guarantor.
3. Card Issuance: After the applicant successfully applies for a credit card, the card issuing bank will open a separate credit card account for the cardholder at the card issuing bank for shopping, consumption and settlement after cash withdrawal.
4. Card opening: Since the card is mailed after the credit card application is approved, there is no guarantee that the recipient is the applicant. In order to protect applicants and banks from being stolen, credit cards have card opening procedures before they are officially opened.
Card opening is mainly through telephone or internet. , check the relevant personal information provided at the time of application, and go through the card opening procedures after meeting the requirements. At this time, the applicant becomes the cardholder and can officially start using it after signing on the back of the card. After a credit card is opened, it is generally necessary to set a password for the card.
5. At the time of identification, the face of the credit card shall have at least the following information:
(1) Front: name and logo of the issuing bank, credit card type (organization logo) and holographic anti-counterfeiting mark, card number, English or pinyin name, activation date (generally calculated to month) and effective date (generally calculated to month). Chip account and card magnetic stripe account are two relatively independent accounts on the front of newly issued cards.
(2) Back: the magnetic stripe of the card, the cardholder's signature column (which must be signed after activation), the service hotline, the last four digits or all of the card number (to prevent fraudulent use), and the credit card security code (the three digits immediately after the last four digits of the card number in the signature column on the back of the credit card are used for credit card activation, password management, television, telephone and online transactions, etc. ).
6. Authorization: The merchant and the bank confirm that the credit card is valid and contact the bank for authorization according to the contract signed with the issuing bank. Authorization is the amount that can be used to further prove the identity of the cardholder. Authorization is generally carried out when the usage specified in the contract is exceeded.
7. Use: Credit cards are usually limited to the cardholder's own use, and lending them to others is generally a violation of the use contract.
8. Cancel the card: Before the credit card is cancelled, the account balance must be settled, and the whole card cancellation process should be completed within 45 days after the application.
Extended data:
Precautions for opening a credit card:
1, reasonable cards, it is advisable for one person to hold 2~3 cards;
2. Make rational use of cash flow, swipe your card when you can spend money, fully enjoy the benefits of interest-free period, free up cash, do some short-term investment and wealth management, and earn income;
3. Make rational use of the credit card bookkeeping function, always check your own consumption records and credit card bills, adjust future expenditures according to the actual consumption situation, increase revenue and reduce expenditure, and make reasonable consumption;
4. Try not to use the minimum repayment amount. Try to repay in full every month. Except for ICBC, most banks do not repay in full, and the paid amount no longer enjoys the interest-free period. Instead, interest is calculated according to the time from the trading day to the actual repayment date.
5, don't overdue, otherwise it will affect personal credit. If you are only one or two days overdue, there are remedies, and the bank has tolerance service. Call the bank's customer service to explain the need for overdue repayment, which generally does not affect the credit investigation. If it is overdue for a long time, it will produce a credit stain, which will affect the application for mortgage and car loan in the future;
6. Don't deposit money or withdraw money from your credit card! Even if the money is deposited, except for some special business cards or special regulations of the bank, it is necessary to "pay more cash withdrawal fees" to withdraw money. The withdrawal fee is 0.5%~3%, which is very high.
Baidu encyclopedia-credit card