Why do the Postal Savings Bank’s credit cards have two cards?

If you are applying for a dual-currency card, the dual-currency cards currently issued by most banks are two cards split between UnionPay and other card issuing organizations, such as one UnionPay card and one VISA card. , so there are two cards.

1. Credit card (English: CreditCard), also called credit card. It is a non-cash transaction payment method and a simple credit service.

2. Credit cards are generally 85.60 mm long, 53.98 mm wide, and 1 mm thick, special carrier plastic cards with consumer credit. It is issued by the bank to individuals and organizations, which can be used to shop, consume with special organizations, and deposit and withdraw cash from banks. It is in the form of a card with the name of the issuing bank, validity period, number, cardholder name, etc. printed on the front. The card has Chip, magnetic strip, signature strip.

3. Credit cards are issued to cardholders by banks or credit card companies 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, and will pay back the card on the billing date (English: BillingDate). payment.

4. Credit cards are divided into credit cards and quasi-credit cards. A credit card is issued by a bank and gives the cardholder a certain credit limit. The cardholder can consume within the credit limit first and then A credit card for repayment; a quasi-credit card is a quasi-credit card issued by a bank. The cardholder deposits a certain amount of reserve as required. When the reserve account balance is insufficient for payment, a quasi-credit card can be overdrawn within the specified credit limit. . The so-called credit card generally refers to a credit card only.

Why were two postal credit cards sent to me?

The two cards have different logos and different networks for swiping the card.

One is UnionPay. One is mainly used for card consumption in China;

The other is mastercard, which is mainly used for overseas card consumption (overseas UnionPay is not widely accepted). The two cards share the same limit.

In addition, do not put all credit card information online like this, as it will lead to information leakage.

Depending on the type of card, the card will naturally look different. It is recommended that the specific appearance be based on the card you apply for.

Steps to apply for a bank card:

Go to the bank with your ID card;

Fill in the application form according to the bank staff;

Fill it out The form will be handed over to the counter later;

After completing the procedures, the counter will set a password as required and give the applicant a bank card.

PSBC Credit Card

It is a RMB credit card and is a UnionPay standard card. It has all the functions and services of a UnionPay standard credit card and can be spent freely at home and abroad. The card is valid for three years and can have four supplementary cards. The main pattern on the China Postal Savings Bank credit card is the Chinese character "ding". The background color is blue-green for regular cards and golden for gold cards.

According to statistics, as of October 2010, the business of the Postal Savings Bank of China has fully covered all prefecture-level cities and 2,100 counties, cities and major towns across the country, with more than 4,500 outlets nationwide. This business has been started.

In just a few years, the Postal Savings Bank of China has developed very rapidly. From the launch of its business to October 2010, the Postal Savings Bank of China has issued loans to nearly 4 million households across the country, with an amount of more than 230 billion yuan. , with an average loan of about 59,000 yuan, the Postal Savings Bank of China has issued a total of more than 150 billion yuan in rural areas at and below the county level.

What’s wrong with having 2 credit cards

Apply The reasons for having two credit cards may be:

1. The supplementary card option was checked when applying for a credit card

Nowadays, credit cards have their own supplementary cards, usually for Prepared by the wife, children or parents of the primary cardholder. If you accidentally check the secondary card option when applying for a credit card, you may have two cards, the primary card and the secondary card, when you get the card. The supplementary card also has a limit. The supplementary card limit can be freely specified, but it cannot exceed the main card limit.

2. In order for bank staff to complete business

Many bank staff now have credit card marketing tasks, so they may give you an extra credit card when you apply for it, but The credit card limits are the same, and the limits of the two cards are also shared, so it doesn't matter which credit card you use.

If it is not for the above reasons, it is best to consult the customer service of the bank where you apply for a credit card, or go directly to the counter where you apply for a credit card.

Credit card application

In most cases, citizens who have full capacity for civil conduct (citizens over 18 years old in mainland China) and have certain direct financial resources can issue cards to Apply for a credit card. Sometimes, legal persons can also be applicants.

Applicants for credit cards can be divided into units and individuals. Applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal person status in my country.

Each unit applying for a credit card can receive a main card and multiple (5-10) supplementary cards as needed. To apply for a credit card, an individual must have a fixed occupation and a stable source of income, and provide a guarantee to the bank. The forms of guarantee include personal guarantee, unit guarantee and personal capital guarantee.

The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his/her basic information, etc.

And submit certain copies of documents and certificates to the card issuing bank. After the customer fills in the application form truthfully according to the content, the customer must also submit the relevant credit certificate while submitting the completed application form.

The application form is accompanied by a contract for using the credit card. The applicant authorizes the card-issuing bank or relevant departments to investigate its relevant information, and submits a statement of the authenticity of the information, the card-issuing bank's privacy protection policy, etc., and must have an application A person's autograph.

Review

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. For the applicant, the creditworthiness of the applicant must be assessed. For individuals, the relevant circumstances of the guarantor must also be reviewed.

Usually, banks will judge whether to issue a credit card to the applicant based on the application information and various aspects of the applicant's information and financial situation. Factors considered include the applicant's past credit record, the applicant's known assets, professional characteristics, etc.

The specific factors and processes reviewed by the card issuing bank are commercial secrets and are generally difficult for outsiders to understand. The standards of each card-issuing bank are also different. Therefore, the same materials may be issued with different credit limits and different types of credit cards in different banks. Some banks may even approve the application, while others may reject it. .

Card Issuance

After the applicant successfully applies for a credit card, the card issuer will open a separate credit card account for the cardholder at the card-issuing bank for settlement after shopping, consumption and cash withdrawal.

What does it mean to have two credit cards?

One possibility is that the credit card you applied for is a set card, that is, a UnionPay card and a foreign currency card. UnionPay cards are suitable for domestic use. Use, foreign currency cards are suitable for use abroad. If the foreign currency card is of little use, you can choose to activate only the UnionPay card.

Another possibility is a main card and a supplementary card. The main card is used by the applicant himself, and the supplementary card is used by the immediate family members of the main cardholder. If you accidentally check the supplementary card option when applying for a credit card, you may have two cards, the primary card and the supplementary card, when you get the card. The supplementary card also has a limit. The supplementary card limit can be freely specified, but it cannot exceed the main card limit.

UnionPay cards refer to bank cards that comply with unified business specifications and technical standards and have the word "UnionPay" printed on them at designated locations. Most of them start with "62". According to the relevant person in charge of the People's Bank of China, bank cards with the "UnionPay" logo must comply with the unified business specifications and technical standards stipulated by the People's Bank of China and be approved by the People's Bank of China.

The purpose of launching the "UnionPay" logo is to:

Provide a way for various automated teller machines (ATMs) and point-of-sale terminals (POS) to accept bank cards issued by commercial banks. A unified identification mark so that bank cards issued by different banks can be used universally on ATMs and point-of-sale terminals with the "UnionPay" logo, providing consumers with convenient, fast and safe financial services.

The characteristics of UnionPay cards are:

First, there is a red, blue and green "UnionPay" logo printed on the lower right side of the front of the card.

The second is that there is a holographic laser pattern above the "UnionPay" logo on the credit card.

Third, the signature strip on the back of the credit card has the words "UnionPay" printed in color, and the writing cannot be erased.

For cash withdrawals abroad with UnionPay RMB cards in China, in addition to the daily limit of the equivalent of RMB 10,000 per card, an annual limit is added.

For credit cards, due to credit limit and other reasons, the card-issuing bank may set a separate limit. Please consult the card-issuing bank for details. Various overseas countries and regions also have different limits on the amount of a single ATM withdrawal. Please refer to the instructions of the local machine for details.

Generally, credit card operators are mostly institutions in countries with freely convertible currencies, so in such countries, there is no difference between foreign currency cards and local currency cards; in most developing countries, many The national currency is not freely convertible. Therefore, even if a credit card using this currency as the settlement currency joins an international credit card organization, it can only issue regional cards and cannot be used internationally. To this end, card issuers must use a freely convertible currency, that is, an internationally accepted currency, as the settlement currency for their international cards, so as to achieve the purpose of issuing internationally accepted credit cards. This is the so-called foreign currency card.

Why are there two cards when applying for one credit card?

The user applied for a credit card but received two cards. This is because some cards have an issuance mode of 11 and a card organization of 2 cards. Usually it's different.

For example, a user applies for a MasterCard credit card, but in order to facilitate the user's domestic consumption, a UnionPay credit card will also be sent to the user. Or if the user directly applies for a set of cards, he or she can get two credit cards from different card organizations at one time.

Applicants for credit cards can be divided into units and individuals. Applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal person status in my country. Each unit applying for a credit card can receive a main card and multiple (5-10) supplementary cards as needed.

The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his/her basic information, etc. And submit certain copies of documents and certificates to the card issuing bank. After the customer fills in the application form truthfully according to the content, the customer must also submit the relevant credit certificate while submitting the completed application form.

The application form is accompanied by a contract for using the credit card. The applicant authorizes the card-issuing bank or relevant departments to investigate its relevant information, and submits a statement of the authenticity of the information, the card-issuing bank's privacy protection policy, etc., and must have an application A person's autograph.

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. For the applicant, the creditworthiness of the applicant must be assessed. For individuals, the relevant circumstances of the guarantor must also be reviewed.

Usually, banks will judge whether to issue a credit card to the applicant based on the application information and various aspects of the applicant's information and financial situation. Factors considered include the applicant's past credit record, the applicant's known assets, professional characteristics, etc.

The specific factors and processes reviewed by the card issuing bank are commercial secrets and are generally difficult for outsiders to understand. The standards of each card-issuing bank are also different. Therefore, the same materials may be issued with different credit limits and different types of credit cards in different banks. Some banks may even approve the application, while others may reject it. .

Since the card is sent by mail 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 fraud losses, the credit card has set up a card opening procedure before it is officially launched. Card opening is mainly done by phone or online. The relevant personal information provided during the application is checked. Once the information is met, the card opening process is completed.

At this point the applicant becomes the card holder and can officially start using it after signing on the back of the card. After opening a credit card, you generally need to set up a password for the card. After accepting a credit card, a credit card merchant or bank must review the validity of the credit card and the identity of the cardholder.

Let’s stop here to introduce why there are 2 postal credit cards.