Advantages of credit card: it can suspend economic pressure; Online consumption is convenient and fast; You can accumulate personal credit records. Using a credit card and repaying the loan on time can increase the credit limit.
This can save money. Many banks' credit cards cooperate with merchants. For example, there will be cash back discounts for swiping cards, and there will be discounts for eating, watching movies, shopping in supermarkets, refueling and car washing. In addition, credit card points can be exchanged for some gifts in daily life and even some lottery activities, and points can be used as money.
Suspend economic pressure. Sometimes it is urgent to use money and pay a large amount of consumption at one time, which will have certain economic pressure. If you have a credit card, you can use it to pay in installments and enjoy your favorite items in advance. The money left in hand can also be used for daily expenses and turnover.
Online consumption is convenient and fast. Many online shopping malls or Taobao shops have opened credit card payment methods, catering to consumers' psychology of spending with credit cards. Although credit card online consumption has no points, its convenient and fast payment method is liked by many people.
Accumulate personal credit records. Even if there is no big turnover demand, it usually costs money. If you use more credit cards and repay on time, you can improve your credit limit and credit rating. You will have a good credit record in the personal credit database of the People's Bank of China, and it will be much easier to approve loans to buy a house and a car in the future.
What are the advantages and disadvantages of using credit cards?
Credit card consumption has the following benefits for cardholders:
1, emergency.
Credit cards can be used to overdraw consumption. When the cardholder is short of funds, using credit card to spend first and then repay can alleviate the financial pressure of users to a certain extent, and credit card consumption can also avoid the trouble of paying cash.
2. Enjoy a discount.
In order to promote credit card products, many businesses have cooperated, and credit card users can enjoy discounts or cash back when they swipe their cards in businesses that cooperate with banks.
3. Earn points through consumption.
Credit card spending can earn points, and users can use credit card points to exchange some gifts in integral mall of the Credit Card Center website.
4. Accumulate personal credit.
When banks handle loan business, banks attach great importance to the personal credit status of borrowers. It is very helpful to get a credit card, use it to spend and repay on time.
Of course, using credit cards also has the following disadvantages:
1, excessive consumption.
Because credit card spending does not cash out, some card friends have the illusion of not spending money. If they are not careful, they may overspend. Once the credit card is overdrawn, it is likely that the tone of the credit card will change, resulting in high liquidated damages and personal credit will be damaged.
2. Annual fee.
There is an annual fee for credit cards. Although ordinary credit cards can offset the annual fee of the following year by swiping their cards, the annual fee of some advanced credit cards cannot be reduced or exempted.
3. There is a risk of stealing brushes.
I believe many friends have seen the news that credit cards have been stolen. In the process of using credit cards, if personal information and credit card information are not properly kept, it is easy for credit cards to be stolen.
Generally speaking, credit card is a double-edged sword. If used well, it can provide more convenience for our life, but if used badly, it will also have a series of adverse effects. In other words, the quality of a credit card mainly depends on the personal habits of the cardholder. If we can spend reasonably and pay back on time, then credit cards are still very beneficial to us, but if our self-control ability is poor, then we still don't recommend using credit cards.
Extended data:
The four taboos of credit card use are:
1. Overdue repayment:
Once the credit card fails to repay on time within the due repayment period, a penalty interest will be charged at the daily interest rate of 0.5 ‰ from the overdue date until the customer pays it off in full. The longer the overdue period, the more penalty interest will be generated, and the more customers should repay.
The overdue situation will also be reported by the bank to the central bank's credit information system, leaving a bad record in the personal credit information report, resulting in personal credit damage. Credit cards may also be frozen and unusable.
2. Excessive overdraft:
If you spend blindly regardless of the credit card limit, and your credit card is always empty and exploding, the repayment burden of customers will be heavy, and the account risk will rise a lot, which is likely to be blown away.
3. Don't set the payment password:
If the card has no password, the security level of the account is not high, and it is easy to be stolen by others. Moreover, the responsibility for stealing the brush may be blamed on yourself, and personal money will also be damaged.
4. Illegal withdrawal:
If you cash a credit card with a POS machine, once it is found out by the bank, the bank is likely to close the account because it is illegal to cash out.
What are the advantages of credit cards?
Advantages of credit card: it can suspend economic pressure; Online consumption is convenient and fast; You can accumulate personal credit records. Using a credit card and repaying the loan on time can increase the credit limit.
This can save money. Many banks' credit cards cooperate with merchants. For example, there will be cash back discounts for swiping cards, and there will be discounts for eating, watching movies, shopping in supermarkets, refueling and car washing. In addition, credit card points can be exchanged for some gifts in daily life and even some lottery activities, and points can be used as money.
Suspend economic pressure. Sometimes it is urgent to use money and pay a large amount of consumption at one time, which will have certain economic pressure. If you have a credit card, you can use it to pay in installments and enjoy your favorite items in advance. The money left in hand can also be used for daily expenses and turnover.
Online consumption is convenient and fast. Many online shopping malls or Taobao shops have opened credit card payment methods, catering to consumers' psychology of spending with credit cards. Although credit card online consumption has no points, its convenient and fast payment method is liked by many people.
Accumulate personal credit records. Even if there is no big turnover demand, it usually costs money. If you use more credit cards and repay on time, you can improve your credit limit and credit rating. You will have a good credit record in the personal credit database of the People's Bank of China, and it will be much easier to approve loans to buy a house and a car in the future.
Advantages and disadvantages of handling credit cards.
Advantages and disadvantages of applying for a credit card are:
Advantages of credit card: Compared with ordinary bank savings card, the most convenient way to use credit card is for ordinary consumption, and there is no cash in the card. In many cases, it is only necessary to return the consumption amount on time. Overdraft consumption does not require deposits. It is not only safe and convenient to swipe your card when shopping, but also an extra gift. Special merchants who hold cards in banks can enjoy preferential treatment.
Disadvantages of credit card: the invention of credit card is like a double-edged sword, which can solve the temporary economic crisis, but the purpose of issuing credit card is to make money. Once the interest-free repayment time is exceeded, high interest will be charged, usually five ten thousandths of interest per day. Develop the habit of blind consumption, leading to blind consumption and spending money like running water.
If the repayment cannot be made on time, the bank will charge high interest. Long-term malicious default will naturally affect personal credit records and even be blacklisted by banks.
How about credit cards? What are the disadvantages of credit cards?
The advantages and disadvantages of applying for a credit card are as follows:
First, the benefits of credit cards:
1. You can spend without deposit overdraft and enjoy an interest-free period of 20-56 days. 2. When shopping, there are points to give away. 3. Special merchants who hold cards in banks can enjoy preferential treatment. 4, the accumulation of personal credit, credit records can be supplemented. 5. You can withdraw money or spend money by credit card on ATM and POS machines with UnionPay logo. 6. Some credit cards accept existing points. 7. Mail the statement free of charge every month. 8. Supplementary card function, you can manage your finances together and master your child's financial expenses. 9. In the form of one card and two coins, you can repay in RMB for consumption abroad. 10, 24-hour service hotline, loss reporting takes effect immediately. 1 1. Cooperate with third-party platforms to provide preferential services for cardholders.
Second, the disadvantages of credit cards:
1. Credit cards can easily lead to excessive consumption. The annual interest rate of credit card is very high. 3. Credit card debt will bring mental stress. 4. If the credit is not good, the cost of borrowing money is higher, or even you can't borrow money.
At present, all major banks support handling credit cards, such as Industrial and Commercial Bank of China, China Construction Bank and China Merchants Bank. You can apply for a credit card at the bank's mobile banking app, online banking and business hall outlets.
Many people often take out loans for emergencies when their lives are in trouble. Baidu has money to spend: Du Xiaoman's micro-credit loan has a maximum amount of 200,000, a maximum loan period of 24 months, and an annual interest rate as low as 7.2%. The specific interest rate is subject to the loan page. Be able to borrow and repay flexibly, apply online all the time, without guarantee and mortgage. The results will come out in a few minutes at the earliest after submitting the application, and you can get the money on the same day after passing it.