The relevant provisions of the credit card:

1. National access is barrier-free, and you can withdraw money or swipe your card at ATMs and POS machines with UnionPay logo; (Note: Credit cards are only suitable for credit card spending. It is best not to withdraw cash, which is expensive and uneconomical. )

2, credit card consumption, some credit cards to obtain existing points, a variety of discounts and lottery activities throughout the year, so that you can always have surprises as long as you use the card; (Most credit cards have no points for online payment, but online payment is very convenient and fast. )

3. Mail the statement free of charge every month, so that you can grasp every consumption expenditure transparently; (Now advocating environmental protection, you can cancel the paper statement and change it into an electronic statement. )

4. Unique supplementary card function, suitable for husband and wife to jointly manage money or master children's financial expenses.

5. The free choice of one card and two currencies is popular all over the world, and consumption abroad can repay in RMB.

6.400 telephone or 5-digit short number prefixed with "9" provides 24-hour service, and loss reporting takes effect immediately, with zero risk of card loss.

7. Validity period: It is known that the validity period of domestic credit cards is generally three to five years.

8. Use the third-party platform (the domestic platform that supports credit card bill management is mainly Jujindou) to conduct business cooperation and provide preferential services for cardholders.

Therefore, there is no consumption for handling the Bank of Communications credit card, and there is no need to deduct interest every month.

Extended data

According to Article 10 of the Measures for the Administration of Credit Card Business

The magnetic stripe cards and ic cards issued by banks shall conform to the relevant standards promulgated by the State Bureau of Technical Supervision and the People's Bank of China, except for participating in international credit card organizations and issuing credit cards with the logo of international organizations.

Article 11

After receiving the credit card, the unit or individual shall deposit the reserve fund with the issuing bank as required.

Article 12

The issuing bank may require the applicant to provide a guarantee according to the applicant's credit procedures. The guarantee method can be guarantee, mortgage or pledge.

Article 13

The deposit interest of credit card imprest shall be calculated according to the deposit interest rate and interest calculation method stipulated by the People's Bank of China.

If the time deposit is pledged, the time deposit shall be calculated according to the time deposit interest rate and interest calculation method stipulated by the People's Bank of China.

Article 14

The credit card reserves absorbed by the issuing bank and the deposits pledged by time deposits shall be deposited in the local branches of the People's Bank of China according to the prescribed proportion.

Article 15

The issuing bank shall establish an authorization examination and approval system.

When a cardholder uses a credit card to handle transfer settlement and withdraw cash, if it exceeds the prescribed limit, he must obtain the authorization of the issuing bank.

Article 16

Corporate cardholders are not allowed to withdraw cash from bank outlets and ATMs in different places and in the receiving city.

Article 17

Allow cardholders to overdraw for consumption purposes within the limits and time limits stipulated in these Measures. The overdraft limit of the gold card is 65,438+00,000 yuan, and the ordinary card is 5 yuan.

Refer to Baidu Encyclopedia-Credit Card