Is the ICBC Peony Transportation Card a credit card?
ICBC Peony Transportation Card (also called Peony Unblocked Card) is a credit card. It is a mandatory credit card jointly launched by the Beijing Municipal Transportation Management Department and the Industrial and Commercial Bank of China. IC cards are currently issued. The card's initial credit limit is 600 yuan, and you can increase the credit limit if you use the card regularly for consumption. This card is a credit card and has the same functions as an ICBC ordinary credit card. Since this card can cooperate with the Beijing transportation management department to pay fines on the spot, you must pay back the fine in time. Note that this card does not charge an annual fee.
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Can the ICBC Peony Transportation Card be used as a credit card?
ICBC The Peony Transportation Card can be used as a credit card. The ICBC Peony Traffic Card is a new type of credit card issued by the Beijing Branch of the Industrial and Commercial Bank of China. The card's chip records the customer's driving license information and fine payment information. The card has both the traffic fine payment function and the financial function of an ICBC credit card.
Extended information:
The application conditions and procedures for ICBC Peony Credit Card
(1) Any individual with full capacity for civil conduct and good credit status, You can apply for a personal primary card from the card issuer with your valid identity document and relevant information. You can also apply for a secondary card for a natural person with full capacity for civil conduct who meets the card issuance conditions or a natural person with limited capacity for civil conduct who has obtained the permission of a legal agent;
The primary cardholder may apply to adjust, stop or cancel the use of the secondary card (except for electronic cash transactions); the primary cardholder must bear all debts under the primary and secondary cards.
(2) Any enterprise, state agency, public institution, military force, social group or other organization (hereinafter collectively referred to as an organization) with legal person status may submit an account opening license and relevant information issued by the People's Bank of China. The card issuer applies for a corporate card, and the corporate card holder's qualifications are designated or revoked by the company.
(3) To apply for a Peony Credit Card, individuals and organizations should fill in the application form correctly, completely and truthfully according to the requirements of the card issuer, submit relevant application materials required by the card issuer, and sign an application contract with the card issuer. .
Industrial and Commercial Bank of China Beijing Branch-See Peony Transportation Card in One Picture
Industrial and Commercial Bank of China-Credit Card Regulations-Chapter 2 Application Conditions and Procedures
Yes Can I use an ICBC card to pay off a transportation credit card?
You can directly use the ICBC Debit Card to transfer funds to your transportation credit card for repayment.
Warm reminder: There is no handling fee for domestic RMB transfers and remittances through ICBC Mobile Banking.
(Answer time: June 3, 2021. In case of business changes, please refer to the actual situation.)
What are the requirements for ICBC credit card application
The conditions for applying for a credit card are as follows: Applicants for the main card from domestic citizens (excluding college students) must be 18 years of age or older (inclusive), a natural person with full capacity for civil conduct, have a work unit or fixed residence where the card issuance institution is located, have a stable income and Above the local average. ICBC will review your application based on your comprehensive assets and other conditions, and whether it can be approved is ultimately subject to the approval of the card issuer.
You can apply for a card through the following channels:
1. Online channel: You can log in to mobile banking and apply for an ICBC credit card through the "Credit Card - Apply for a Card" function. Or complete the application through official APPs such as Rong e-Link and ICBC e-Life; you can also apply online through online banking.
2. Offline channels: You can go to a nearby ICBC branch with your personal ID, fill in the paper application form on site, complete it as required and attach necessary materials, then return it directly to the branch to apply. Processing, card issuance results are subject to final approval.
(Answer time: May 5, 2022. In case of business changes, please refer to the actual situation.)
How to cancel the ICBC transportation credit card
ICBC credit card offers rich and colorful activities. I hope you will consider it again and continue to use it.
If you really need to cancel, you can call 95588 to cancel manually (unless there are special provisions). The following cancellation conditions must be met:
The account and card status are normal, and There is no authorized accumulation, installment accumulation, frozen amount and deposit interest. The account has no outstanding balance and the balance is zero (transfer it out in advance or agree to give up the balance within the limit). This year's consumption has met the annual fee reduction conditions for the corresponding card type. You can also go to designated acceptance outlets with your card and original valid ID. Please refer to the staff's instructions at the time of processing.
Warm reminder:
1. If the account status is abnormal, or the card status is 'cancelled card use' or 'frozen card', you need to go to the counter of the card issuer to cancel the account; if If the card issuer is not open to the public, you need to go to the branch designated by the card issuer to replace the card issuer.
2. If you are canceling the only or last card under your name, if you have points balance, please redeem them in time before canceling.
3. If your credit card is issued in the form of 1 1, you can cancel the card that is not the main card of the account (generally refers to the UnionPay single logo) or cancel both cards at the same time. It is not possible to cancel the card with only the foreign currency single identification card.
(Answer time: January 30, 2020. In case of business changes, please refer to the actual situation.)
Which one should I give up on ICBC credit cards and transportation?
Both ICBC credit card and Bank of Communications credit card have their own advantages and disadvantages, and you can choose one based on your actual situation.
The advantage of ICBC credit card is: it has more than 30,000 branches across the country, making it the bank with the most branches in China. It supports Alipay, and allows unlimited local cash withdrawals. International cards of different brands have independent limits. . The disadvantages are: the application threshold is high, the quota is low, and the branch services are insufficient. Summary: ICBC credit card is suitable for friends who do not have local joint-stock commercial banks and who often like to overdraft and withdraw cash. The advantages of the Bank of Communications credit card are: low application threshold, fast limit increase, 56-day long interest-free period, 100% cash withdrawal, Alipay support, and online payment limit of 10,000 yuan. The disadvantages are: the installment operation is relatively cumbersome, each card needs to be repaid separately, the total consumption of all cards will not be automatically calculated, and the points are not permanently valid. Summary: If you often buy home appliances, the "Suning Card" is not bad, and you can get double Suning points.
To sum up, ICBC credit card and Bank of Communications credit card have their own advantages and disadvantages, and you can choose according to your actual needs.
That’s it for the introduction of ICBC Transportation Credit Card.