Nowadays, more and more people are applying for credit cards for daily expenses. When it comes to the use of credit cards, many people will think of swiping the card for consumption. In fact, the use of credit cards is not only swiping the card, so How else can I use a credit card besides swiping it?

1. Scan the QR code to pay: The usage scenarios of credit cards are far less extensive than that of debit cards. Generally, credit cards can only be used at offline merchants equipped with POS machines.

However, with the rise of scan-code payment, many merchants will also apply for Alipay payment codes, or WeChat merchant stickers, activate the credit card payment function, and you can also scan the code to pay with a credit card.

2. Cash withdrawal and transfer: that is, you can withdraw the available limit of your credit card through an ATM machine, or directly transfer it to the bank card in your name through the cash advance function of your credit card. Although it can temporarily alleviate the problem of capital turnover for cardholders, it is not cost-effective and will also bring huge repayment pressure to cardholders. Nowadays, when you use a credit card to withdraw cash, you no longer have to pay the minimum monthly payment as before. Instead, you must pay off the interest and cash withdrawal fees generated by the cash withdrawal amount in one go after the next credit card bill comes out. The only consequence of not having money to repay is overdue. .

3. Cash installment: Although it also involves the cash withdrawal business of credit cards, it is completely different from the second usage.

After applying for cash installment, the money in the credit card limit is also transferred to the savings card, but it is during the interest-free period. You only need to pay a handling fee for each installment, and the rate is around 0.75.

The above is an introduction to how to use credit cards in addition to swiping. I hope it can give some help to card friends.