An inventory of the advantages and disadvantages of credit cards from the four major banks. Now you know why you were rejected

Friends who have had experience in applying for a card should know that among the credit card application thresholds of all banks , the threshold of the four major banks is relatively high. There are many cardholders who have more than a dozen credit cards, none of which are from the four major banks. Let us take stock of the advantages and disadvantages of credit cards from the four major banks. After reading this, you will know why you were rejected!

Inventory of the advantages and disadvantages of credit cards of the four major banks

Advantages of credit cards of the four major banks

1. Convenience in handling other credit services

If you hold the card If you have a credit card from the four major banks, the approval rate for any credit product applied at other banks will be higher. Because the four major banks are more difficult to apply for, they have higher qualification requirements for card applicants. If a cardholder can have a credit card from the four major banks, it is undoubtedly an endorsement. The card application thresholds of the four major banks have all been passed, and the difficulty for other banks will not be too great.

2. Demonstrate status

Compared with the customers of other banks, the customers of the four major banks are mostly groups within the system, and there are also many employees in special industries and middle and senior managers of private companies. . If a cardholder can apply for a credit card from the four major banks, he or she will be admired by others when swiping the card.

3. High approved credit limit

Although the four major banks have strict qualification requirements for card applicants, they are not stingy in granting credit limits. When most cardholders apply for a credit card from the four major banks for the first time, their limit exceeds 10,000.

Disadvantages of credit cards from the four major banks

1. Difficulty in application

The application threshold for credit cards from the four major banks is relatively high compared to other credit cards. If the cardholder does not have certain assets or savings, it will be difficult to apply.

2. Strict risk control

As mentioned before, the credit card issuance limit of the four major banks is very high, but the risk control is also very strict. Users who hold credit cards from the four major banks often report that if there is even the slightest sign of abnormal card usage, they will be warned by risk control.

The above is the sharing of relevant content about "the advantages and disadvantages of credit cards of the four major banks". I hope it can help everyone!

Why is it so difficult to apply for a credit card from the four major banks?

Why is it so difficult to apply for a credit card from one of the four major banks?

1: I have worked in a certain bank for about one and a half years. The four major banks are different from other joint-stock banks. Commercial joint-stock banks can handle it as long as their credit report is not bad. However, the four major banks Different, all banks are the same. As long as you deposit in a certain bank, you will be divided into silver card customers or gold card customers, whitelist, and of course VIP customers. Different customers have different credit card limits when they go to the bank. To be precise. It is said that the richer you are, the more credit lines you can get from the bank. The poorer you are, the more stringent the bank's risk approval department will be.

2: Credit cards require users to use different amounts of money in installments, thereby generating relative interest and making money

1: In layman’s terms, credit cards promote consumption by young people, and banks Earn more returns by taking depositors' money and lending it to people in need of loans or investing. Banks do not make money when young people repay their money on time for normal consumption. Banks like to let customers pay installments, so you can often receive Banks call you to ask you to make installments. The main businesses of the four major banks and other commercial banks are different.

2: For example, if a bank applies for a credit card, it can be approved as long as it is a white account. Their credit card usage is among the top in the country, and credit cards account for a large part of the business profit. Some banks will not allow you to apply for a white account. You must have used a credit card for more than a year before you are eligible to apply. The four major banks do not need to make money through credit card credit limits. You can use the credit limit, but if you don’t use it for a long time, It is also a loss for the bank. If you don’t use it, the bank might as well lend the money to people who need it more and earn more interest.

3: Basically, the credit limits of the four major banks are very low. I have seen many people who have just purchased a card and have a limit of one thousand or two thousand, but as long as they are rarely used, plus the savings from the credit card issuer, There is a deposit in the card, and the basic limit can be increased quickly. As long as the customer is not short of money, the credit card limit can be increased very quickly. When one day you use a lot of credit cards, the post-loan management of the credit card will be able to find out whether you have used too much every month. You will be classified as a risk customer by the bank. If you have used online loans, you will be classified as a high-risk customer by the bank. Borrowing is also an online loan. If you have too many credit cards, you will be rejected, because in the eyes of the bank, you are a risky customer. Banks like qualified customers

3: Can the approval rate be increased if you apply for a credit card correctly?

1: Some banks can apply for it if you have a bare account, some banks require you to use the card for more than half a year, some banks have industry restrictions and will restrict some industries from applying for cards, and some banks prefer people with academic qualifications. Customers, some banks like customers who use less credit cards, and some banks like whitelist customers who have debit cards in their bank, so you need to understand the approval conditions of major banks before applying for a card. Some banks cannot handle the data in a messy manner. Some friends said that they were overdue five years ago and then paid it off, but there was no record of it in the credit report. Why can't they still get it done? That's because in the eyes of the bank, you are a high-risk customer and the big data is not good.

2: Some friends say: "If you don't have a credit card, you will be rejected as soon as you apply online." In fact, it is not the bank that rejects you. It’s the system, what we commonly call instant rejection, big data is messy, and the system can’t be entered. Now I’ll teach you a little trick, keep it up for a while, go to a bank where you have deposits, then go to the branch to apply, and it will pass. Four The same is true for big banks. If you have a bank debit card with them, and you have deposits and a large turnover, it is very easy to go to the branch to get through, and the credit limit is also high

The difference between domesticated and wild ones

Is it okay? I applied for ten credit cards at one time, canceled four of them, my friends used two, and I kept four. It is not used very often and is mainly used on construction sites. Both Bank of China and ICBC have it, but I have not applied for it from Agricultural Bank of China and China Construction Bank. I have generally applied for it from other banks. All the small-amount ones were sold, and the remaining ones were kept as backup

CCB is relatively easy to handle. Although the limit is not high, the handling fee for line withdrawal is lower.

It’s not difficult. The key depends on one’s credit qualifications. I got all of them from the four major banks. I applied for the China Construction Bank Long Card first, then I applied for the ICBC (because the limit was low, I canceled it, and the ICBC application was not approved again.), and then I applied for the Agricultural Bank of China and Bank of China.

Why are the credit card limits of the four major banks so low?

There is a reason why the credit card limits of the four major banks are low. Below, we will talk about it in detail from several aspects.

First, the first batch of credit cards has a high limit, and it is difficult to apply for credit cards from the four major banks. However, after being recognized by the four major banks, they will be recognized as their own gifted customers. In terms of credit limit, they It's quite possible. Therefore, many people’s first choice for mortgage loans is also the four major banks, and the approval amount is higher. Due to the large number of customers, there are many people applying for credit cards from the four major banks for the first time, so the limit of some users will be low.

Second, they have strong risk control capabilities. The four major banks have stricter risk control and higher safety factors than joint-stock banks. The four major banks have branches all over the country, making it very convenient to handle business. This requires their risk control capabilities, so compared to joint-stock banks, credit card limits are lower.

Thirdly, it is not easy to block the card. Although the quotas of the four major banks are smaller, their rights are not as good as those of joint-stock banks, and even raising the quota is difficult. If your customers have some violations, you will not easily block their cards or reduce their quotas. Once overdue situations occur in joint-stock banks, it will cause more trouble to customers.

Fourth, the cost is low. The installment interest rates of the four major banks are generally one level lower than those of joint-stock banks. Since the law of credit card fees is that the shorter the period, the higher the rate. Joint-stock banks each have their own tricks. The only difference is that some people cheat for 3 periods, some cheat for 6 periods, and some cheat for 9 periods. Therefore, the four major banks with a lower interest rate can still be favored by many credit card users.

In short, although the quotas of the four major banks are low, their risk control capabilities, large number of branches, and cross-bank services make it very convenient for us to conduct transactions. The transaction fees are not high, and they are acceptable to the public. of. The first batch of approvals has a large approval limit, and the card will not be blocked easily, which can provide users with a better credit card use experience. The interest rate of installment is low, which is good whether it is repayment or long-term borrowing. Therefore, it will also attract many users to apply for mortgage loans with the four major banks. Therefore, there is a reason why the quotas of the four major banks are low. But the services it brings are unmatched by other banks.

Why are the four major banks’ credit cards (debit cards) the most difficult to apply for in business?

The four major banks are Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank and Bank of China. Industrial and Commercial Bank of China is called "the number one bank in the universe" by card friends. It has a strong background and does not rely on issuing credit cards (loans). debit card) to maintain the operation and development of the bank, and the credit card (debit card) launched has relatively strong rights, so the bank review will be stricter.

However, ICBC’s credit card (debit card) is not absolutely difficult to apply for. If you meet the basic conditions for applying for a credit card (debit card) and have a high star rating at ICBC, you can still get a credit card. (credit card), regular cards and gold cards are relatively easy to apply for, while high-end cards are relatively difficult to apply for.

Is it easy to apply for a credit card from the four major banks?

It depends on the individual's qualifications. If the individual has excellent qualifications, it is easy to apply for a credit card from the four major banks. If the individual's qualifications are average, the chance of applying for the card will be reduced.

The four major banks refer to the four major state-owned banks: Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China, and Bank of China. They are the four most influential banks in China's financial sector. There is actually no essential difference between the four major banks and other commercial banks. The biggest difference is the influence of the banks themselves.

Why is it difficult to apply for a credit card from the four major banks, but people always want to apply for one? This is because credit cards from the four major banks have the following advantages:

(1) Credit cards from the four major banks can demonstrate their identity and are a proof of the user’s asset strength.

(2) Since your asset strength has been proven, it means that you are a high-quality customer with large assets and stable income. In this way, it is easier than others to apply for a credit card that is not from the four major banks.

(3) The four major banks have many business outlets. Friends who have applied for and used credit cards all know that credit card applications and some services need to be processed at bank branches. At present, in various cities in China, the four major banks have the largest number of business outlets and the most dense distribution.

(4) The four major banks have greater flexibility in credit card business. Even if users occasionally make mistakes, they will not directly reduce the limit and block the card.

(5) The loan interest rates of the four major banks are often lower than those of other banks. For those who need to borrow money, they need to pay less interest to the bank.

Is it difficult to apply for a credit card from the four major banks? Let’s take a look at the application conditions for credit cards from the four major banks

When applying for a credit card, many card applicants will give priority to credit cards from state-owned banks. Compared with credit cards from other banks, credit cards from state-owned banks often have higher credit limits and more discounts. Many card applicants have asked, is it difficult to apply for a credit card from the four major banks? Let’s take a look at the application requirements for credit cards from the four major banks!

Is it difficult to apply for a credit card from the four major banks?

The four major banks refer to the four major state-owned banks, Industrial and Commercial Bank of China, Construction Bank of China, Agricultural Bank of China and Bank of China. The basic requirements for credit card applications from the four major banks are the same: the applicant is over 18 years old and has full capacity for civil conduct; the applicant has no stain on his credit report and has a low debt ratio; the applicant has a stable source of income and is legitimate. Work; the card applicant meets other bank card application conditions.

Although most card applicants can meet the basic card application conditions of the four major banks, they want to increase the approval rate of card application. Card applicants also need to open an account in Shenka Bank, have certain savings or other financial transactions in Shenka Bank, preferably apply for a salary card in Shenka Bank, and have financial products in Shenka Bank.

Because of their abundant funds and generally high-quality customer base, the four major banks have stricter requirements for ordinary card applicants. Therefore, they will be more stringent than other banks when approving credit cards. Therefore, it is indeed difficult to apply for credit cards from the four major banks.

If you are a novice user who has never handled credit business before and wants to apply for a credit card, it is recommended that you try some state-owned banks with lower thresholds for card application. For example, at Bank of Communications, the threshold for applying for a card is relatively low.

The above is the sharing of relevant content on "Is it difficult to apply for a credit card from the four major banks?" I hope it can help everyone!

Let’s stop here to introduce why it is difficult to use credit cards from the four major banks.