Are credit cards safe?

If it is a China Merchants Bank credit card: 1. Five layers of security:

(1) Consumption with password is safer: set a transaction password and activate the transaction verification function for an additional layer of security .

(2) SMS/WeChat consumption reminder: If your current consumption exceeds 100 yuan (excluding transactions with manual ordering), our bank will immediately send you a consumption SMS reminder. If you use WeChat, you can try Experience our bank's latest WeChat customer service service. After binding card information, real-time reminders will be issued for each transaction to fully protect your card security.

(3) 24-hour Abnormal Consumption Monitoring Service: Our bank adopts an advanced monitoring system to continuously monitor the global consumption of credit cards 24 hours a day. Some transactions will be contacted in time to confirm, effectively preventing possible Risks arising from credit card consumption.

(4) E-mail notification of consumption details: You can choose the e-mail reminder function of transaction details through online banking, and our bank will send it to your email the next day. An email listing all the consumption details of your credit card on the previous day, please keep abreast of the card transactions

(5) Lost card protection: Our bank will also provide you with the "lost card protection" service. , after your card is lost, please call us in time to report the loss. For losses caused by fraudulent use within 48 hours before reporting the loss (excluding transactions based on passwords), you can apply for compensation from our bank (the compensation amounts for various cards are inconsistent, please adjust according to the customer's requirements) Prompt the customer for the specific situation), so that you can use the card with more peace of mind.

2. International standard dispute transaction processing service:

For doubtful transactions that are not authorized by the customer or have no impression, the customer will be responsible for the transaction. You can call our bank's customer service hotline to apply for investigation. Our bank will have dedicated personnel to actively find out the cause and assist in recovering the relevant funds in accordance with the card organization's rules.

Is it safe to deposit money with a credit card?

1. You can deposit money, but you can only use the card to make purchases after depositing, and there is no interest on the deposit. Withdrawal is regarded as a credit card cash advance, and a handling fee is charged but no interest is charged (the premise is that the withdrawal limit is within the credit card deposit limit) within the limit), and according to the regulations of the People's Bank of China, a credit card (debit card) can only withdraw 2,000 yuan or the equivalent in RMB per day. For example, China Merchants Bank credit card

2. It is possible to save money, and the deposit has no interest and is equivalent to one yuan. An interest-free debit card, such as an Industrial and Commercial Bank of China credit card.

Recommendation: It is not recommended to use a credit card or credit card as a savings card (or debit card), not to mention the fact that it may cause other problems. There are many fees and there are many restrictions on withdrawals. Many banks now charge no fees for opening a debit card, and there is no annual fee for deposits above a certain amount. It is more convenient and cost-effective to use a debit card to save money, because it is a credit card (credit card). Of course, it is mainly for loans.

Is there any risk in applying for a credit card? There will be no problem. However, if the credit card is overdue, the bank will report the individual's overdue record to the central bank's credit reporting system, which will stain the individual's credit and affect future loan approvals. are closely linked. Both the application and the user's usage will be displayed in the central bank's personal credit report. Therefore, users must pay attention to these two aspects when using credit cards. :

1. Avoid blind consumption. For most users, the credit limit in their credit card is just a number. Therefore, when shopping, they spend money and buy many useless goods. Wasted. Therefore, users must avoid blind consumption when using credit cards.

2. Avoid excessive consumption. Since credit cards have installment functions, many consumers often use credit cards to purchase some digital products. Of course, during this process, users must avoid excessive consumption to avoid being unable to repay.

3. When using credit cards, you need to be careful not to repay overdue payments, have good repayment habits, do not blindly apply for high-level credit cards, and protect your information to avoid being stolen.

(1) Late repayment is the most taboo thing when using a credit card

Non-due repayment is the most taboo thing when using a credit card.

These credit stains have a great impact on mortgage purchases, house purchases, and car purchases. From the perspective of risk control, banks are unwilling to lend money to people with credit stains. They will think that such users will There is a risk of overdue or bad debts.

(2) Have good repayment habits

After getting a credit card, you must control your consumption desire. Do not swipe the card willfully. If you cannot pay off the loan on the repayment date, you must choose installments. . In fact, installments will generate high interest rates, and a vicious cycle will lead to more and more debt.

(3) Do not blindly apply for high-level cards

For example, the annual fee for some ordinary platinum cards has reached several thousand. You must understand it carefully before applying, because by then you will forget Paying high annual fees can also stain your credit.

(4) Protect personal information to avoid being stolen

This issue must be paid attention to, and personal information must be protected.

Once you find out that the card has been stolen, the first thing to do is to call the customer service number to tell the bank that it was not your purchase and ask the bank to suspend the credit card. The customer service will ask you to go to a nearby ATM to swipe the card and get the consumption receipt.

The second is to call the police to prove where you are, and then take this evidence to the bank's credit card department and wait for the bank's investigation.

That’s it for the introduction of whether it is safe to use a credit card.