1. Consume first, then repay.
2. Deposits do not generate interest.
3. In Chinese mainland, the repayment period is interest-free, generally 20 to 60 days.
4. There is a minimum repayment amount.
Generally speaking, interest is calculated according to simple daily interest rate and monthly interest rate.
6. If the repayment is not made on schedule with the minimum repayment amount, penalty interest or late payment fee will be levied; Those who maliciously overdraw shall bear legal responsibility.
7. The application needs to provide certain identity, property, financial proof and sometimes a guarantee.
8. Quasi-credit cards in Chinese mainland.
Ping An Credit Card is the most supported credit card by online banking, supported by online shopping websites such as Taobao, Paipai and Baidu. It also supports third-party payment such as Alipay, Baifubao, Tenpay, Kuaiqian and UnionPay online payment.
Online consumption is included in the consumption record just like credit card consumption, but some online consumption does not send points.