How about ICBC credit card?

ICBC is a state-owned enterprise. ICBC is a state-owned bank, which refers to a large bank directly managed by the Ministry of Finance. It is also one of the four major banks in the country and has a relatively strong customer base. Its main mode of operation is to unify the operation and management system of commercial banks authorized by legal persons. Its main goal is to achieve stable development and improve economic efficiency.

ICBC can provide 24-hour online telephone service. If you have any problems at any time, you can call the online customer service number to solve them. It also provides electronic and paper reconciliation services, which can bring great convenience to customers.

The benefits of ICBC credit card are:

1. Interest-free days. The maximum interest-free days of ICBC reaches 56 days, so you can provide more days for your repayment.

2. SMS reminder. When applying for a credit card at ICBC, if the customer service on your card is due, the system will send you a free text message to remind you to pay it back in time. This prevents you from being busy with work and forgetting to repay the loan, resulting in more overdue fees on your bill.

3. Automatic repayment is possible. ICBC has its own software, where you can set which card will be used for automatic repayment when your credit card expires. This way, you no longer need to go to the bank to deposit money and repay it, and you can directly bind it to the savings card.

4. Enjoy points. When credit card purchases are made, points will be saved for customer service, and the points can be used to buy things. So when you have enough points, you can use the points to collect items on the online software platform.

5. Provide 24-hour service hotline. There is a 24-hour service hotline for all questions about ICBC. When you have questions about ICBC, you can make a manual service call.

Do you know the advantages and disadvantages of ICBC credit cards? If you don’t know, why don’t you come in and take a look!

At present, the number of credit cards issued by the four major state-owned banks, Bank of China, Agricultural Bank of China, ICBC and China Construction Bank, has exceeded 100 million. Many cardholders have credit cards from these banks. As the bank with the largest number of card issuances, ICBC credit cards are highly sought after by many cardholders. But have you ever carefully analyzed the advantages and disadvantages of ICBC credit cards? Let me tell you about them below. Let’s analyze the advantages and disadvantages of ICBC credit cards!

ICBC credit card has the following advantages:

1. It is easy to apply for the card. As long as there is no problem with your credit record and the credit report is not too messy, it is not difficult to get a card with a limit of several thousand by brushing the stars.

2. Low installment rates. The annual installment rate for long-term installments is within 4. Except for some banks, which can be lower than this rate when doing activities, the installment rates of other banks are at least twice that of ICBC.

3. There is no handling fee for cash withdrawals. When withdrawing cash from the local ICBC, no matter it is an excess deposit or the credit card limit, there is no handling fee. Although I do not recommend that you withdraw cash, under special circumstances, ICBC credit card withdrawals can waive the handling fee.

But the shortcomings of ICBC are also obvious:

1. It is difficult to raise the quota. It is quite easy for wealthy people to raise the amount. They can raise the amount to 200,000, 500,000, or 1 million in a short period of time, as long as they have assets. However, for most cardholders, there is almost no hope of increasing the credit limit. Those techniques for increasing the limit by using the card do not apply to ICBC. Unless ICBC takes the initiative to increase the credit limit generally, the low limit can be increased by one liter. If you want to exceed 50,000 100,000 is difficult. This year, many cardholders in some areas were able to raise their quotas through tax payment and provident fund, but now they are closed again, and some cardholders' quotas have been reduced again. It is uncertain whether ICBC will open similar channels for raising their limits in the future.

2. Few activities. ICBC has basically no activities. Unlike other banks, which often have shopping discounts, cash back and other preferential activities, there are fewer types of merchants that can earn ICBC points than other banks. Only certain merchants with rates of 0.78 and 1.25 in the past have points.

The above is my analysis of the advantages and disadvantages of ICBC credit cards.

Is ICBC credit card good?

Okay.

ICBC credit card has the following advantages: ICBC credit card is the most popular credit card in my country. It can enjoy an interest-free period of up to 56 days, and local withdrawals are free of cash and handling fees. In addition, ICBC has many business outlets, and you can make cash withdrawals at any bank in China. It also supports VISA, MasterCard and American Express Bank organizations, and also supports card swiping services at any store POS machine.

1. ICBC credit card withdrawals are equivalent to debit cards and savings cards, and no additional handling fees will be charged for cash withdrawals

2. ICBC credit cards have issuers across the country, and It is easy to apply and the card is issued quickly. You can apply online and you can open the card immediately after re-signing when you get the card. Normally it takes no more than 2 weeks from sending the email to getting the card.

3. All domestic transactions will be accounted for in real time, and points can be checked in real time, which is highly efficient.

4. If there is no overdraft in the account, cash withdrawals are interest-free. And you can withdraw it the same day you transfer it in, which is convenient and fast.

ICBC credit cards are the credit cards with the highest circulation in China. The main types of ICBC credit cards include: Peony International Credit Card, Peony Credit Card, and Peony Credit Card; according to the brand of ICBC credit cards, they are divided into: Peony Visa Card, Peony MasterCard and Peony Express Card; according to credit level, they are divided into: Platinum Card, Gold Card and Ordinary Card; according to the issuing objects, they are divided into business cards and personal cards, of which personal cards are divided into primary cards and supplementary cards.

The application conditions for ICBC credit cards are:

1. To apply for an ICBC credit card, you must be over 18 years old.

2. To apply for an ICBC credit card, you need to have a stable job and a legal source of income.

3. If the applicant has a high position, high education, high income, and a good company, the approval rate of applying for an ICBC credit card can be greatly improved.

4. Applying for an ICBC credit card also requires a certain financial foundation.

5. If you want to apply for a credit card with a higher ICBC credit card rating, the applicant needs to provide the bank with certain financial proof, such as stocks and securities, a real estate certificate with the applicant’s name on it, a car driving license, a bank card, etc. Certificate of deposit, etc.

6. To apply for an ICBC credit card, you must be a natural person with full capacity for civil conduct.

7. There is another necessary condition, the applicant needs to have a good personal credit report, because ICBC relatively values ??the cardholder’s personal credit report.

How about ICBC credit card?

Benefits of ICBC:

1 Local cash withdrawal fees are unconditionally waived (the only one)

2 Cash withdrawals, cash installments, and credit loan fees/interests are the lowest (At least one), and it will not affect the amount increase. In some areas, handling fees can be collected in installments. After early repayment, subsequent handling fees will not be charged and there will be no penalty interest. Cash installments can be canceled on the same day.

2 Penalty interest for incomplete minimum repayment (the only one)

3 Low starting point for bill installments (total RMB bill exceeds 600 yuan), low handling fees

4Long interest-free period (up to 56 days)

5Free text message reminder (Elite Club customers, 5 stars can be issued at 0 in some areas)

6There are basically no sales calls. There are very few risk control calls, large credit card swiping is done in one go, and the risk control is almost the loosest.

7 Starting from the second card, cards of the same level can choose independent accounts, or you can choose to link multiple cards to share the account. The latter is similar to the CMB system, with unlimited account sharing, but CMB The annual fee reduction and exemption of each card in the system must be counted separately. For example, each of the 10 UnionPay Gold Cards needs to be swiped 6 times to be fully exempted from the annual fee. However, ICBC only needs to swipe 10 total *** 5 times to waive the annual fee. Platinum Card The same applies to the card (the only one, other banks are either independent or shared, and the second card does not have a 100-second approval or credit check channel)

8 All card types that have been opened 100 seconds for approval, 100 without credit check, 100 without credit report.

(The only one)

9 Platinum cards with no annual fee are launched from time to time (Diners Club Platinum Card is free of annual fees within the validity period by swiping a single payment during the promotion period, and the Platinum Card is unconditionally free of annual fees when placing an order. It is launched in many areas. Apply for free annual fee through Global, and the annual fee for platinum cards in some areas can be waived by purchasing financial management. All platinum cards can enjoy unlimited airport and high-speed rail VIP services)

10 Starting from the card opening, every You can apply for a manual limit increase at least once a month. The system recommends a limit in seconds. The limit increase for low-deposit cards is often 5 to 10 times. The limit increase for cards with tens of thousands of limits is often 10,000 to several thousand.

11 Some types of cards, gold cards and regular cards, are free of annual fees for life during the promotion period (about one year).

12. Instant repayment of foreign currency consumption is convenient. Now we return to manual foreign exchange purchase and repayment.

There are three more, which are advantages for some people and disadvantages for others. Depends on everyone's needs.

1 Standard and global multi-currency cards are free of currency conversion fees for all foreign currency purchases. 10 currencies are recorded in local currencies, and repayments can be made directly in local currencies (if it is a US dollar dual-currency card, I obviously have pounds , when swiping pounds, I have to convert it into U.S. dollars, and then I have to buy U.S. dollars to repay, which means two exchange rate losses. With a multi-currency card, I can repay directly in pounds without any exchange rate loss.) The purchase of foreign exchange for repayment is not Affected by real-time exchange rate fluctuations, you can choose to purchase foreign exchange and repay at the best time of exchange rate (the only one)

2. The order of repayment is that the ones with interest are paid first, and the ones that are interest-free later, that is to say, repay and withdraw cash first. , pay the bill later.

3 The limit increase mainly depends on the stability of work income and assets (and liabilities). Cards that do not exceed 10W at least do not care about the protection fee. Except for a few areas, the long-term daily average limit is 20W to 10W. It is basically not difficult to increase the average daily balance from 100,000 to 50,000, even if you only spend a few hundred dollars every month, most of them are 0.38 and online payment.

That’s it for the introduction of ICBC Credit Card.