Advantages:

It has strong service and brand advantages and obtains high consumer satisfaction. During its many years of development, China Merchants Bank has always provided high-quality services and established a good brand image; it has also provided many extended services, including providing free umbrellas to business customers on rainy days and paying customers traffic fines, etc. At the same time, personalized credit cards are constantly being developed.

Disadvantages:

Excessive emphasis on the number of card issuances and neglect of the popularization of credit card knowledge. In order to promote the issuance of credit cards, China Merchants Bank adopted various preferential means and marketing strategies, but it neglected to popularize credit card knowledge among consumers and cardholders.

Extended information

1. Redeem gifts. Nowadays, most bank credit card points can be redeemed for related gifts, and of course, China Merchants Bank is no exception. Users can use China Merchants Bank credit card points to redeem gifts on the China Merchants Bank Credit Card website.

2. Serve as change. Credit card points, in essence, are a kind of cash back for consumption. The more the user spends, the more points they will receive. Therefore, China Merchants Bank credit card points can also be used as cash when swiping the card in stores.

3. Redeem airline miles. If the user holds a China Merchants Bank Platinum Card or an American Express Card, the credit card points can be used to redeem airline miles. Allow users to reduce travel expenses.

Reference sources

Baidu Encyclopedia-China Merchants Bank Credit Card