Precautions for newbies when using credit cards

Precautions for newbies when using credit cards

Using credit cards for consumption is a very common consumption pattern nowadays. If you are a user who has just applied for a credit card, , don’t know much about the use of credit cards, so when using credit cards, you need to pay attention to the following points:

1. Activate before using: The credit card cannot be used temporarily when received, and the user needs to It can be used after activation. Generally, users can activate it through online banking, counter, phone, etc.

2. Do not over-consume: Users must exercise restraint when using credit cards and do not over-consume, because after all, every penny spent needs to be returned later. Therefore, if the user consumes excessively, he or she will exceed the limit. If you limit your financial scope, it may cause great repayment pressure, thereby bringing about the risk of overdue repayment.

3. Remember your repayment date clearly: The repayment date is a very important date for every user. Users must remember their repayment date clearly to avoid missing the payment when it is due. Repayments may be overdue, resulting in a bad credit score.

4. Protect your own information security: There is a lot of information on the card surface of the credit card, which will be used for verification in future transactions, such as the validity period of the credit card, CVV code, etc., so Users must protect their information to prevent it from being leaked and stolen by criminals.

What is the most appropriate way to use a credit card?

When using a credit card, users must first make consumption according to their own income. It is more appropriate that the monthly credit card consumption amount does not exceed 50% of the income. consumption. In addition, users can also pay more attention to the activities corresponding to their credit cards. Many credit cards will launch different activities for their users, such as shopping discounts, etc. Users should use their rights reasonably.

Most credit cards will have their own annual fee exemption policy, so users also need to understand the annual fee exemption policy of the credit card they use, so as to complete the corresponding annual fee exemption tasks and reduce their own annual fees. , save your own expenses. In addition, users also need to understand other charging policies and unique promotions corresponding to their credit cards, and use credit cards rationally.

How to activate and use a credit card for the first time

Many friends who apply for a card for the first time don’t know what to do after getting the credit card. Normally, after you get a credit card, you must first activate it before you can use it. The following will give you an introduction to how to activate and use a credit card.

1. Credit card activation

The first time you use a credit card, you must activate it. Unactivated credit cards cannot be used. There are many ways to activate credit cards. Cardholders who don’t know how to activate can refer to the following three methods:

1. Activation at the counter: This activation method is very simple and generally requires you to bring a valid ID. . Apply for a credit card at the business outlet of the card-issuing bank. Some banks stipulate that you can apply for a credit card online. You can only apply for a card through this method. The relevant documents you need to bring will usually be notified in the text message.

2. Online activation: There are many ways to activate your credit card online. You can activate it by following the card issuer's WeChat official account, or you can activate it on the card issuer's official credit card website.

3. Telephone activation: Generally, you need to call the 24-hour service hotline on the back of the credit card, and then follow the voice prompts to open the card by yourself. If not, you can transfer to manual service and ask customer service to help open the card.

2. Credit card use

Credit card use includes many aspects, such as card consumption, online payment, repayment, and handling of various businesses, such as bill installments, cash withdrawals, etc. , when applying for a card for the first time, you must have a general understanding of how to use a credit card.

1. Credit card consumption: Credit card can be used as a payment tool, and consumption can be made directly through the card POS machine installed by the merchant.

2. Online payment: Online payment with credit card is very simple. For example, if you want to shop on Taobao, select the product and click to pay, select the payment method as credit card, enter the credit card, three-digit security code, and SMS verification code. It's time to pay.

3. Repayment: When using a credit card for overdraft consumption, you must repay it on time, otherwise overdue payments will affect your credit record. There are many ways to repay credit cards. You can repay through mobile banking or through a third-party payment platform, such as Alipay.

What are the 10 steps to use your credit card correctly?

10 steps for using credit cards correctly:

1. New cards cannot be swiped out at once, and consumption categories must be increased. 2. Do not make long-term purchases at fixed merchants or discount merchants for several months. 3. Don’t use one card on a fixed date and swipe it out on the same capping machine at the same time. 4. Do not conduct transactions beyond normal hours. 5. Do not use Alipay for payment within a short period of time. 6. Don’t let your credit card remain empty for a long time. 7. Use your own credit card, do not use your own POS machine. 8. Integer single transactions are not allowed. 9. The same card cannot be used on multiple terminals in a short period of time. 10. The card cannot always enter the wrong password.

Credit cards, also called credit cards, are credit certificates issued by commercial banks or credit card companies to consumers with qualified credit. It takes the form of a card with the issuing bank's name, validity period, number, cardholder's name and other contents printed on the front, and a magnetic stripe and signature strip on the back.

Consumers holding credit cards can shop or consume at specially designated commercial service departments, and then the bank will settle the accounts with the merchants and cardholders. Cardholders can overdraft within the prescribed limit.

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the prescribed credit limit. The so-called credit card generally refers to a credit card only.

How can I use a credit card? I just got a credit card, but I don’t know how to use it

It has all the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. Credit card is divided into credit card and quasi-credit card. Credit card It refers to a credit card in which the cardholder has a certain credit limit and can consume within the credit limit and then repay.

A quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve as required. When the reserve account balance is insufficient to pay, the card can be overdrawn within the specified credit limit. The so-called credit card generally refers to a credit card only.

Credit card installment payment means that when the cardholder uses a credit card to make large purchases, the card-issuing bank pays the merchant a one-time payment for the goods (or services) purchased by the cardholder. After applying, the consumption funds will be deducted from the cardholder's credit card account in installments, and the cardholder will repay according to the monthly credit amount.

Extended information:

No matter what method is used to transfer or remit money, the remittance bank will charge a certain fee. At the same time, the time it takes for the money to arrive and the convenience of repayment are not as good as Intra-party repayment, online repayment, convenience store repayment, etc.

When making installment purchases in shopping malls, cardholder identity verification is required, so remember to bring your ID card. Shopping mall installments are generally free of charge for three installments. The rates for 6 and 12 periods vary from bank to bank. Installment products can generally be purchased as long as they are normally sold in the shopping mall. In many cases, cardholders can also bundle multiple items together for checkout and then make installment payments.