Credit card tricks are deep. Avoid these 6 pitfalls when using credit cards
Speaking of tricks, banks have deep tricks. You will know if you have fallen into them. Every time The credit card standards of each bank are different, and you may get caught if you are not careful. If you want to get twice the result with half the effort and avoid being tricked, to be honest, you need to pay attention to the many tricks mentioned below.
Routine 1: Repay the loan in advance after installment payment
Everyone knows that after a credit card installment, only the installment fee will be deducted, and the loan interest will no longer be deducted. The installment payment can Choose 3, 6, 9, 12 to 24 installments. Some friends may think, if I divide it into 6 installments, if I pay monthly, then I will pay it off in one lump sum in the second month. Do I not need to pay? What about the remaining 4 months of service fees? In fact, even if the cardholder repays the loan in advance, the bank will require the cardholder to pay the installment service fee.
Routine 2: Failure to activate will not incur annual credit card fees
There is a requirement in the credit card management regulations that no charges can be deducted from the credit card without activation by the cardholder. However, this regulation Additional "special circumstances" also indicate that the annual fee exemption for unactivated credit cards does not include all credit cards. For example, some high-level credit cards and some unique types of credit cards will have the annual fee deducted even if they are not activated.
Routine 3: Bank staff recommend over the phone
Have you ever received a call from the bank’s online customer service to recommend applying for XX, inviting you to apply for credit card installments, cash Installment, investment and financing, borrowing. Let me first tell you that you are a high-quality customer of the bank, mention your recent consumption status, accommodate that you have consumed a lot recently, pay in installments to reduce your economic pressure, etc., and also pay attention to exempting loan interest from you, which will eventually lead to success. In one sentence, only the service fee will be deducted. If you do not use this service, you will have paid a service fee in vain. In fact, every time I receive such a call, I will say, since I am a high-quality online customer service, can you help me raise a fixed credit limit first?
Routine 4: Cancellation of the card is just a phone call
The editor once saw a netizen on the Internet making fun of the difficult journey of canceling a certain bank's credit card, although the card was canceled in the end. Although my credit card was suspended from 2014 to 2016, the annual credit card fees were still being charged, and I was charged every time the loan was overdue. I recorded my credit report.” In the end, the provident fund mortgage was also rejected. The whole process of this matter was being deceived into opening a card - turning it into a sleep card - causing late payment fees for credit card annual fees and taxes in the second year - calling to cancel the card for the first time - paying various fines - canceling the card for the second time. The online customer service MM said that the account cancellation was successful - received the income and expenditure details in 15 years - paid the fine and found out why the account was not closed successfully - the bank counter staff said that they would call to verify after one month whether the account cancellation was successful - the third phone call to cancel the account Card - a month later it was confirmed that the account was successfully closed - the loan was found to be overdue 4 times in 2016 - the housing provident fund mortgage was rejected.
What I mentioned above is the personal experience of a netizen. While I sympathize with this netizen, I also advise friends who swipe their cards to resolve the issue of unused cards as soon as possible. There is a 45-day waiting period for account cancellation. Remember to confirm again after 45 days whether the account cancellation was successful. The above examples tell you that the final confirmation is indeed very important. We cannot rely on banks to be responsible to everyone.
Routine 5: It is not easy to report the loss of your credit card
It is not easy for friends to report the loss of their credit card over the phone easily. It’s okay to pay dozens of yuan for a card. But if the wallet is lost, the credit card’s loss reporting fee is between 30 and 80. It’s a large amount that you can calculate by yourself. The card replacement fee is not a big deal, but reporting the loss of your ID card and running back and forth to the bank are the most tormenting areas.
Routine 6: The minimum repayment is not cost-effective
Friends think that avoiding credit card installments is the end of the world. In fact, there is also a minimum repayment. The minimum repayment amount seems to solve the current situation. If you pay less, the loan will not be overdue. In fact, the interest rate of this loan is not cost-effective at all, and it can be said to be very high.
The best thing to do is, if you encounter a situation where your credit card is maxed out, how to operate it? If you can make a comeback in one or two months, choose the minimum repayment. If it takes a long time, then choose credit card installment, and the bank will When you are invited to pay in installments, you can try to ask for some special offers from the bank. For example, you can apply for service fee discounts from the bank's online customer service.
Summary: The bank’s routines must be deeper than those of cardholders. If you want to use credit cards smoothly, in addition to controlling your own inexplicable consumption impulses, you must also know how to protect your personal credit and prevent You may encounter rejection when borrowing money in the future. I suggest friends, no matter whether a bank sells you a product or business, you must learn to calculate the loan interest cost yourself first. Only in this way will you not be inexplicably tricked by the bank. I hope this information will be of some help to my friends.
Why do bank people always chase you to apply for a credit card? What are the "routines" used by banks to promote bank cards?
When you need a product you need but don’t have much cash, some people will choose to spend money “ahead of time” and use credit cards, Huabei, etc. to prepay for products beyond their affordability. Credit card is a very common payment method and can be said to be a very common means of consumption.
According to incomplete data, the total number of bank cards currently owned in China is 79 million, with an average of 0.56 per capita, showing the purchasing power and purchasing power of the Chinese people. Why do some employees occasionally recommend you to apply for a credit card when everyone has one? There must be something fishy here.
The reason why credit card services are offered to customers via phone calls, text messages or even in conjunction with other mobile applications has everything to do with the huge benefits it brings.
At present, my country's credit card business mainly includes six parts: First, enterprises must provide customers with a fixed handling fee. If the customer pays by credit card, then a certain fee is deducted from the payment amount. Second, you pay in advance. If you pay in advance and the money is not paid within the specified period, your bank will set a different interest rate for you, and the fees charged will be different according to your requirements. ; Third, withdrawal is not to make money, but to provide cash to customers. If your withdrawal is successful, your bank will pay you a certain rate. The fourth is interest. Every bank has an overdraft rate of 5%, and the annual interest rate is 18.25%. That is to say, you have to pay 182.5 yuan more for a thousand yuan; the fifth is the annual handling fee. Nowadays, many domestic bank cards have stopped using this business. Although the profit is not high, it only accounts for a small amount of money for the bank; sixth, late payment requires a penalty.
These six methods are the six major sources of bank credit card business. The reason why bank employees desperately recommend them to customers is because they are attracted by the rich benefits contained in them. This is a lot of business and also A big deal. For example, a new credit card jointly launched by Meituan and Jiangsu has a total of 2.5 million credit cards, one million of which are new, giving these banks potential customers.
After using a bank card, paying the money in advance does not mean that you can not repay the money, nor does it mean that you can not repay it. You have to be responsible for your actions. Therefore, we should use our credit cards reasonably based on our own situation and current economic situation, and try not to use credit cards as much as possible. When you're stuck here, you'll never get out, and you can think of your credit card as a means of payment rather than a means of survival. Many times, we rely on our own income and abilities. When you apply for a credit card with a large limit from a large company, you have to ask yourself whether you need to apply for a credit card and whether you can pay off the maximum limit at once. Even if you can't, I recommend that you be content with your life, and using a credit card will only lead to you spending too much and eventually walking into a money trap.
Routine of credit card sales
Many people have credit cards, but there are still countless people who are marketed by credit card center staff (hereinafter referred to as card clerks) or intermediaries every day. So what are their tricks?
As the saying goes, "Since ancient times, true love cannot be retained, only tricks can win people's hearts!" This sentence also applies to credit card sales.
With the development of social economy and the improvement of people's income levels, banks are desperately promoting credit cards, and the conditions for recruiting card clerks have been repeatedly lowered. Now as long as you have a college degree, it is OK!
With the surge in the number of card processing personnel and the performance assessment of card centers, card operators generally use some routines when applying for cards.
1. Our bank limit is high!
Credit cards are generally divided into gold cards, platinum cards, diamond cards, etc. by level (there are many subdivisions, so I won’t list them in detail). Each level of card has a limit range, such as Gold Card, which is 5,000-50,000, and has the lowest conditions for applying for the card (each bank has different policies, and the conditions are also slightly different). Platinum card costs 10,000-100,000, and the conditions for applying for the card are slightly higher. There are also some cards with limits starting from 50,000, but the conditions are relatively high, and most people are not qualified to apply. At this time, the card clerk will say that we start approval at 50,000. Although the information has been filled in, after the procedure is completed and the company returns to the company, the application card level will be lowered. The customer will receive a card limit of only 30,000. When the card clerk is questioned, the card clerk will say that the background review qualifications do not meet the requirements. It will be automatically downgraded and the limit will be increased soon after using it. By the way, I can help customers open a card with their first swipe and earn another wave of commissions!
2. Our bank has good activities!
Every bank’s credit card has activities, such as full discount activities, 50% off weekend activities, gas discounts, roadside assistance, free insurance, some high-end cards with annual fees, and some free golf and beauty treatments SPA, physical examination and other activities. But there are prerequisites for using it. Sometimes UnionPay will do some very affordable activities for promotion. At this time, the card members will say that our bank has this activity, but it needs to be paid with UnionPay, and helps customers download the UnionPay APP, register and earn a wave of rewards.
3. Our cards look good!
Nowadays, the credit cards of various banks are more flashy than the last, and various co-branded cards are very popular. Some use events to market each other, and some just attract each other to attract fans. The more famous ones on the market include the little yellow duck theme, the Forbidden City theme, the Chinese style theme, the twelve zodiac signs, etc. The customer looks at the pattern and chooses it, and then tells you that there is a card-making fee, which is not expensive and ranges from tens of yuan to more than a hundred yuan. There is no fee unless you open a card. Most of the people who receive the card will open it and earn another wave of commissions.
4. We are 100% sure about the card!
There are many people who want to apply for a card but cannot, but when the basic conditions are met or not, the card clerk will say that we will apply for the card 100%. In the past, customers like you have applied for the card. If I still fill in the information for you knowing that you can't apply for the card, it will not only waste your time but also my time. We are under so much performance pressure every day, and time is very precious! Anyone who says "100%" is a liar. Whether you can be approved for a card mainly depends on your credit score, job, income, age, card level, and many other conditions. No one dares to guarantee that the ticket will be played!
5. Apply for a card and get a gift!
Many people apply for cards because they are attracted by the so-called gifts, but many of the gifts are small commodities ordered in bulk by card members at the wholesale market. The quality can only be said to be "you know!" Many card members said There are gifts, but they must be approved or even opened to get the card. You cannot get them when applying for the card. Whether you can get them in the end depends on the conscience of the cardholder and the follow-up potential of the unit!
In addition to the above tricks, salespeople sometimes claim that if you don’t need a credit card temporarily, you can apply for it first. Anyway, there will be no annual fee if you don’t open the card and activate it. This is true for most credit cards. , but there are also some credit cards that will charge annual fees regardless of whether they are activated or not. Once the card is set aside and the annual fee is charged, and the cardholder fails to repay the loan in time, the overdue personal credit report will be greatly affected. . Therefore, when applying for a card, be sure to inquire about specific matters regarding the annual fee.
Nowadays, the market is filled with a large number of people who operate POS machines and pretend to be bank staff to recommend customers to apply for credit cards online to earn commissions. They are not bank staff, so they exaggerate too much when promoting credit cards! If you believe it, you will be disappointed 90% of the time!
We must keep these common "routines" for applying for a card in mind, because the salesperson is there for business, and as long as you can get the card applied for, the task will be completed. Therefore, when applying for a card, we must be rational and only apply for a card when there is a need, rather than blindly apply for a card. In addition, after debiting the card, we must spend reasonably and repay it on time during use, and our personal credit score must not be affected.
Spend tomorrow’s money to realize today’s dream! It seems very beautiful, but it is also swallowing up the healthy consumption outlook and life of many young people!
The happiness created by hard work and your own sweat and ingenuity is truly green and pollution-free!
The "pit" of credit cards is very deep. Don't you get tricked if you don't pay attention?
Nowadays, the use of credit cards is becoming more and more popular, and all banks are racing to win. accounted for the credit card market, and the overall situation is developing well. But in such an environment, many criminals have targeted people who use credit cards. Do you know what credit card tricks are common in society and on the Internet, but are actually "traps"?
1. Large-amount credit cards:
Some people have a large demand for credit limits and want to apply for large-amount cards. However, banks will have a set of strict and complete review standards when approving applications. Especially the four major banks will not give very high initial quotas. There are indeed a large number of people in society who need large credit cards, so scammers are targeting them. They prepared a set of words in advance, claiming that they were from the UnionPay POS Machine Center and the like. They did not belong to any bank, but they currently have so-called preferential policies. If a merchant purchases a POS opportunity, he or she will be given a large amount of credit card. However, I bought a lot of POS machines and didn’t have any large credit cards. I held out hope and spent money in vain.
2. Increase the limit
For many people, credit cards are practical and easy to use, but there is always not enough money. It is not easy for the bank to take the initiative to increase the limit. It is difficult to get approval if you want to apply with the bank. Therefore, there are some people in the society who claim to be "free of charge", or charge a fee of 1% to 5% to increase the limit, or pay on their behalf, etc. No matter which method is used, all cardholders should pay attention to it. For example, if the consumption frequency and amount are high, the bank will usually give a higher limit, so the person who "raises the limit" requires the cardholder to use different merchants separately. Fees, and then cash rebates, etc., but in the end it is likely to be an empty joy. Not only can the limit not be raised, but the cardholder has to fill the hole in the credit card.
3. Whitewash the credit report
Because the "three in a row" of credit cards will damage the cardholder's credit, which will directly affect the future car and house loan situation, especially the financial business related to the bank in the future, will also be strictly enforced. Restricted. Therefore, many debtors pay special attention to the issue of credit reporting. However, it needs to be clear that unless the credit reporting is said to be repairable under special circumstances, it is basically impossible to clean up, especially those who claim that as long as they take money, they can Can you believe it?
Four. Revolving credit card
If someone tells you that as long as you pay back one or two hundred yuan a month, Do you feel like you can withdraw a total of 420,000 yuan in cash in one year? Are you tempted? This kind of scam takes advantage of some people. The mentality of wanting to take advantage is to deceive people through various clever packaging, but there are layers of deductions, for example, as long as you pay the membership fee, you can apply for a card in advance and enjoy discounts in advance, etc. In fact, if you look at people's words rationally, they are full of loopholes. However, there are still some people who blindly believe that they can really take advantage and make a lot of money in the future? Little do they know that they are the ones who are being made a lot of money." You are a "fat sheep" who doesn't even know you have been tricked. You are blindly immersed in the dream of getting rich. It's time to wake up!
Although credit cards are very practical, they have created many "pitfalls" in reality. Be careful, lest you accidentally get tricked by these tricks.
This is the end of the introduction about credit card tricks and credit card trick loans. I don’t know if you will find what you need. Got the message?