What does credit card mean? Is it useful?
No matter which industry you are in, there are some jargons, and the same is true in the credit card circle. For example, the things we often hear about Cai Ka, Auntie, and Black Room are all credit card jargon. If the credit card issued by the cardholder has a low limit, we can call it a vegetable card. Let’s briefly introduce it below.
What does credit card mean?
Literally, it is a credit card that can only be used to buy groceries. It does not refer to the type of credit card issued by a bank. In fact, it is a general term for credit cards with low limits. Generally, credit cards only have a limit of 500 to 5,000 yuan, and if they cannot meet our daily consumption needs, they are considered food cards.
If you get a credit card, it often means that the cardholder’s comprehensive score in the bank system is not high, but he has barely reached the application threshold. The bank will approve the card, but it will not give a very high score. amount.
Are credit cards useful?
The main thing is to see if there is potential for development. After all, the credit card limit is not fixed. Relatively speaking, the initial limit of a credit card is low. If you can increase the limit by using the card, it is also quite good. Yes, it depends on how relaxed the bank's risk control is.
If the bank's risk control is relatively loose, the frequency of card swiping is high after getting the card, diversified consumption, on-time repayment, the card has been used for 3 to 6 months, and the credit card limit has been reached, the bank will The cardholder's credit conditions and card usage behavior are comprehensively evaluated. If the score is high, the limit will be increased. Compared with large-value cards, credit card menu cards have more room for limit increase.
If the bank's risk control is stricter and the card is not allowed to be used for 6 months after getting the card, you may need to provide sufficient financial documentation to prove your repayment ability. In this case, you may consider logging out.
What is the full name of ICBC Black and White Vegetable Card? What are the privileges?
Card gods who often play with credit cards will pay special attention to some high-quality and distinctive credit cards, and will even give the products aliases. For example, the ICBC Black and White Card is a typical example. If you rarely come into contact with credit cards, you may not even know the full name of the ICBC Black and White Card, let alone the product rights. Today I will share with you the relevant knowledge about this credit card product.
The full name of ICBC Black and White Card is Peony Platinum Credit Card (MasterCard brand). It can also be called ICBC Standard Platinum MasterCard, because the card surface design is mainly black, with a silver big card in the middle. Peony is named after it looks like a black and white vegetable.
The ICBC Black and White Card belongs to the platinum level. The card has dual logos of UnionPay and MasterCard. Within the validity period of the card for 5 years, cardholders can not only enjoy the financial services and rights of the ICBC Credit Card Platinum Card, but also enjoy MasterCard. Core benefits provided by the card organization:
1) Buy one and get one free at MasterCard five-star hotel afternoon tea and buffet;
(Hotels include: Shangri-La, Hilton, Westin, InterContinental , Le Méridien and more than 20 five-star hotels across the country)
2) Enjoy free overseas WIFI for up to 4 days;
3) ICBC Cabbage Card holders can enjoy domestic Airport and high-speed rail VIP rights, the number of free tickets matches the consumption amount.
The above is an introduction to the ICBC Black and White Card. If you want to get this credit card, you must have actual overseas consumption needs, otherwise you will not be able to enjoy the core benefits provided by the MasterCard organization. In addition, the ICBC Platinum Card is not that easy to get. Applicants must ensure that their ICBC star rating is 6 stars or above, and their personal financial resources are strong enough.
What is the general credit limit for the ICBC Black and White Vegetable Card? The limit is too low and the card can only be canceled?
How much is the credit card? It’s up to you to decide whether to use the card or not
We often hear many people posting on the Internet saying that they were unlucky because the bank approved a food card, but many people don’t know much about food cards and think they are from credit cards. A card type. In fact, this is not the case. The credit card is not limited to card types and is a joking name for low-limit credit cards. So, how much does a credit card cost? Do I need to use the food card I received? Let’s analyze them one by one.
How much is the credit card?
As mentioned earlier, vegetable cards do not refer to credit card types, but a general term for low-limit credit cards. It is believed that this low limit is only suitable for buying vegetables and cannot be used for other daily consumption.
As for how much money is used for a vegetable card, generally those with a limit of less than 1,000 yuan are basically vegetable cards. Of course, there are also those with a limit of 500 yuan. The four major state-owned banks like to do this most, especially Industrial and Commercial Bank of China and China Banking Corporation. Bank, Agricultural Bank of China, in addition, the same is true for Shanghai Pudong Development Bank, a commercial bank.
So, is it necessary to use the food card you receive?
This still depends on your actual needs. You can choose to cancel the card or open the card.
If you apply for a credit card just for the limit, you can cancel the card if you get a vegetable card with a low limit, but canceling the card will affect the limit of opening a card again at this bank. And if you open a card and use it, you can first get newbie gifts from the bank, and then increase the limit by raising the card. By continuously increasing our minimum limit, the limit of the card will be guaranteed in the future.
So from this point of view, if the limit is too low when you get a food card, you must first determine whether you are interested in the card or the limit. If it is a credit card from the four major state-owned banks, it is not that easy to apply for the card yourself. It's easy. If you can apply for a card, even if the limit is low, you still have to grit your teeth and raise the credit card limit. If the threshold for applying for a credit card is just low in commercial banks, there is no need for such a small limit.
Cancel the credit card or continue to use it? Analyze from two angles
As we all know, vegetable cards generally refer to credit cards with low limits, because they cannot meet the needs of large consumption. For this reason, many friends who get such credit cards will be confused whether to cancel the card or not. Keep using it. Next, let’s analyze it.
The credit card limit is generally between 500 and 5,000 yuan, which is definitely not enough for many friends who are pursuing large credit cards. However, whether a credit card is canceled or not cannot be judged based on the limit alone. It is recommended that you first look at the benefits and thresholds of this card, and then decide whether to cancel the card or continue to use it based on the difficulty of increasing the limit.
1. Cancel the card:
If the credit card limit is not high and the benefits are relatively weak, especially if it has a rigid annual fee and it is difficult to increase the limit, this kind of vegetable card is suitable. Card can be canceled. However, before canceling the card, you must clear the account, decide whether to cancel the card or cancel the account, and then call the bank customer service to apply, because there is a 45-day pre-cancellation period, and you must also ensure that no debts or balances will be recorded during this period. Chapter 46 Only genius can succeed.
It should be noted that after a credit card is canceled, the record of this card can still be found on the credit report, but no new records will be generated.
2. Continue to use:
If the credit card is a dishonest card, in addition to the low limit, it is also better in other aspects, such as relatively rich rights and easy increase of the limit, it is recommended to use it first If the card is 3 to 6 months old, let the bank take the initiative to raise the limit. This requires everyone to develop good card usage habits.
If the credit limit is not enough, you can put money into a credit card for consumption and increase the frequency of card swiping, at least 15 transactions per month. The important thing is to use the card in a standardized way, diversify consumption, handle installments appropriately, and remember to pay back on time. This will help you increase your credit card limit, and it will be a matter of time before your vegetable card turns into a large-deposit card.
Is the 7,000 limit of the Agricultural Bank of China Credit Card considered a vegetable card?
The 7,000 limit of the Agricultural Bank of China Credit Card is not considered a vegetable card
If you apply for 30,000 yuan, the bank must approve it Ah, to put it simply, the information you provided cannot meet the requirement of 30,000, so I will give you a quota of 7,000.
The same goes for the credit card circle, such as the food cards, aunts, and black ones we often hear about. House, etc. are all credit card jargon. If the credit card issued by the cardholder has a low limit, we can call it a vegetable card.
Is it necessary to keep the food card?
If the bank you hold the card has different activities that allow you to enjoy other benefits, you can keep this card. If there is no other use, you can consider not keeping it.
What does credit card mean?
Literally, it is a credit card that can only be used to buy groceries. It does not refer to the type of credit card issued by a bank. In fact, it is a general term for credit cards with low limits. Generally, credit cards only have a limit of 500 to 5,000 yuan, and if they cannot meet our daily consumption needs, they are considered food cards.
If you get a credit card, it often means that the cardholder’s comprehensive score in the bank system is not high, but he has barely reached the application threshold. The bank will approve the card, but it will not give a very high score. amount.
How much is the credit card?
As mentioned earlier, vegetable cards do not refer to credit card types, but a general term for low-limit credit cards. It is believed that this low limit is only suitable for buying vegetables and cannot be used for other daily consumption.
As for how much money is used for a vegetable card, generally those with a limit of less than 1,000 yuan are basically vegetable cards. Of course, there are also those with a limit of 500 yuan. The four major state-owned banks like to do this most, especially Industrial and Commercial Bank of China and China Banking Corporation. Bank, Agricultural Bank of China, in addition, the same is true for Shanghai Pudong Development Bank, a commercial bank.
Are credit cards useful?
The main thing is to see if there is potential for development. After all, the credit card limit is not fixed. Relatively speaking, the initial limit of the credit card is low. If you can increase the limit by using the card, it is also quite good. Yes, it depends on how relaxed the bank's risk control is.
If the bank's risk control is relatively loose, the frequency of card swiping is high after getting the card, diversified consumption, on-time repayment, the card has been used for 3 to 6 months, and the credit card limit has been reached, the bank will The cardholder's credit conditions and card usage behavior are comprehensively evaluated. If the score is higher, the limit will be increased. Compared with large-value cards, credit card menu cards have a larger room for limit increase.
If the bank's risk control is stricter and the card is not allowed to be used for 6 months after getting the card, you may need to provide sufficient financial documentation to prove your repayment ability. In this case, you may consider logging out.
This is the end of the introduction to credit cards and cabbage credit cards. Have you found the information you need?