How to use a zero-line credit card
A zero-line credit card means that there is no credit line for cardholders to overdraw. When using it, cardholders need to deposit money to spend, which is conducive to accumulating personal credit and enjoying credit card discounts.
a zero-limit credit card needs to deposit money for at least 3 months, and then apply to the bank for a temporary limit. If you continue to use it for 3 months, you can apply for a fixed limit upgrade.
In addition, after applying for a temporary or fixed credit line, you must repay the loan on time to ensure a good personal credit record.
Extended information:
Credit card consumption is a non-cash transaction payment method. You don't need to pay cash when you consume, and you will make repayment on the BillingDate.
Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards with a certain credit limit within which the cardholder can spend first and then repay.
quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the specified credit limit. The credit card generally refers to a credit card.
credit card installment payment refers to the business that when a cardholder uses a credit card to make a large amount of consumption, the card-issuing bank pays the consumer funds of the goods (or services) purchased by the cardholder to the merchant in one lump sum, and according to the cardholder's application, the consumer funds are deducted from the cardholder's credit card account in installments, and the cardholder repays according to the monthly recorded amount.
in the past, credit card installment mainly included bill installment and single consumption installment, and banks usually charged corresponding handling fees according to the number of installments. Whether it is bill installment or single consumption installment, the premise is to generate consumption behavior first, and then the bank will set up the installment repayment of the generated credit loan.
Most domestic banks in China have credit card installment business. Installment payment is generally divided into POS installment, "mail order installment" and bill installment according to different occasions.
Shopping mall staging, also known as POS staging, means that cardholders go to shopping places, such as "shopping malls" that can be staged. At the time of checkout, hold the credit card that supports installment in the mall to explain that installment payment is required.
then the cashier will swipe the card on a special POS machine according to the number of periods required by the cardholder (such as 3 periods, 6 periods, 12 periods, etc., and a few shopping malls support 24 periods). Note: When staging a shopping mall, you need to verify the identity of the cardholder, so remember to bring your ID card. Shopping malls are generally free of charge in three stages. The rates for the 6th and 12th installments are different from bank to bank.
generally, the goods paid by installment can be paid by installment as long as they are normally sold in the mall. In many cases, cardholders can also bundle multiple goods together to settle accounts, and then carry out installment.
mail order installment means that the cardholder receives the installment mail order catalog manual sent by the issuing bank (or the online installment mall of the bank) and selects from the limited commodities. Then, the bank will order by installment through online installment mall, telephone or fax the installment application form, etc. Generally, there is no handling fee for mail order installment regardless of the number of installments. However, due to the long ordering cycle (in many cases, it will take more than 15 working days to get the goods) and the relatively complicated return and exchange, it is recommended to make more comparisons before buying.
bill installment is the most convenient installment method, and all card-issuing banks can basically support this installment method, and the application is simple. Users only need to apply for installment to the issuing bank by telephone after spending their credit cards and before sending monthly bills.
However, it should be noted that banks will stipulate some special cases, such as speculative credit card cannot be successfully phased. So before staging, be sure to read the staging manual carefully.
the disadvantage of bill installment is that you can't avoid the handling fee. The longer the number of installments, the higher the handling fee, and all of them should be borne by the cardholder himself.
what if the credit card limit is insufficient? Three tricks to teach you to solve it easily!
double 11 has passed, and the Double 12 War is coming soon. Have friends who want to buy online prepared their credit cards? Can your credit card limit meet your spending on Double 12? Don't be afraid if the credit card limit is not enough. Just use three tricks to help you solve the problem of insufficient credit card limit.
what if the credit card limit is insufficient?
1. Apply for a temporary credit line:
In addition to a fixed credit line, a credit card also has a temporary credit line. As the name implies, this credit line has a use period, and the original credit line will be automatically restored after it expires. If the fixed limit is not enough for consumption, you can apply to the bank for a temporary limit to increase the overall credit card consumption limit.
It should be noted that the temporary line is different from the fixed line in terms of repayment methods. When it expires, it will be fully included in the current bill finance, and it must be fully repaid before the final repayment date. It cannot be used for installment or consumption according to the minimum repayment amount, and interest will be calculated on a daily basis and compound interest on a monthly basis.
2. Repay first and then spend:
If you have outstanding credit card debt before and want to get more credit card limit, you can pay off part of the credit card limit first, so that you can increase the credit limit, and then you can spend it directly by swiping the card. There are things to pay attention to here. It is best to pay back after the billing date comes out, and make sure that the credit card repayment has been recorded before consumption, otherwise you will have to pay back again this month to avoid overdue.
3. Handling credit card loans:
In order to meet the cash needs of cardholders, many banks have provided consumer loans based on credit cards, and most of them have independent credit lines, such as China Merchants Bank's e-loan, CITIC's dream loan, etc., which will not occupy the credit line. After successful handling, they can be transferred to debit cards for consumption or withdrawal.
to sum up, there are still many solutions to how to deal with insufficient credit card limit. However, it should be noted that although the above three methods can increase the credit card limit, the better the limit, the better. Never overdraw, or you will be considered as a malicious overdraft credit card if you have no money to repay after using the credit card. In serious cases, you will be investigated for criminal responsibility.
How to spend the credit card of China Bank without a credit line
The credit line is comprehensively evaluated according to the information filled in when you apply for a credit card and the relevant supporting documents provided. credit card, please bring your valid ID card and financial proof to the counter to apply for credit. The financial proof includes personal property, car production, salary certificate (details in the last six months), complete tax payment certificate, employment certificate (official seal or financial seal of the company is required), etc., which is subject to the counter.
the above contents are for your reference. please refer to the actual business regulations.
let's stop here for the introduction of how to use a credit card without a limit.
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1, you should actively communicate with th