Credit card application, credit card limit increase, credit card consumption, credit card repayment and credit card security, these five major credit card usage skills are fully analyzed as follows:

1. Application skills

Understand the characteristics of each bank’s credit cards, as well as your own credit status, and understand the bank where your financial assets are located, and then apply for a bank credit card and card type that suits you. For your first credit card, you should try to apply for a bank that may give you a higher credit limit. The four major banks of China Agricultural and Industrial Construction Bank recommend applying for it later. In addition, if you want to apply for multiple credit cards, it is better to apply for a credit card from another bank after actively using one credit card for half a year. Applying for a card usually requires a work certificate or social security to show that your job and income are stable. The income certificate is mainly to prove your work. It is okay to write a salary income of about 30 yuan higher.

2. Limit increase skills

The approval limit for applying for a credit card is determined based on your personal and asset credit status in accordance with the scoring standards of each bank, so try to submit your real estate and car properties Asset certificates or other credit certificates in order to obtain a higher limit. In addition, you can also raise the limit through daily use of the card. Banks usually like customers with strong spending power and good repayment ability. If possible, it is recommended that the monthly consumption amount accounts for 80% of the limit, and the number of purchases and the number of merchants are both greater than 3. The more the merrier, and repay it in full or in installments of 30%. In this way, it is easy to increase the amount in 3 to 6 months.

3. Spending skills

Try to start using the card for consumption just after the billing date in order to obtain the longest interest-free period, and use credit cards from 2-3 banks and make reasonable arrangements Spending time. Regardless of the size of your purchases, credit cards should always be used first, such as eating, supermarket shopping, online shopping, etc. You can also refer to the points policies of different banks when making purchases to try to get as much value as possible. As a reminder, do not withdraw cash under any circumstances. This is the most unwise approach. If you need money, think of other ways (not explained here).

4. Repayment skills

Payment platforms such as WeChat, Alipay, Tenpay, and major bank apps all provide credit card repayment services to facilitate capital turnover. Some credit card management software can also provide auxiliary management and repayment reminders, such as Kanniu, 51 Credit Card Manager, etc., which implement automatic analysis based on consumption text messages or imported electronic bills. If you are able, repay in full is preferred; if funds are tight, choose 40 repayments and 60 installments. Remember, you would rather pay in installments than overdue!

5. Security tips

Your mobile phone number, ID number and other personal information, as well as credit card number, expiration date, and CVV/CVC code on the back Such information involves card security, so please avoid disclosing it at will. Technically speaking, you only need to know the card number, validity period, and CVV/CVC code, and no consumption password is required to make purchases and deductions; in addition, after paying online or activating quick payment, you only need to know the mobile phone number and the verification code of the mobile phone number to make purchases. . Therefore, personal information such as ID cards and mobile phone numbers must be avoided from being leaked, and mobile phone verification codes must be avoided from being defrauded by others. If you find that your credit card has been fraudulently used, you should immediately call the card-issuing bank to report the loss of the card and apply to reverse all suspicious transactions.

5 tips to teach you how to play with credit cards:

1. Correctly enjoy the interest-free period

The longest interest-free period for credit cards is 56 days. During the interest-free period, No interest is charged for overdraft consumption;

Cardholders can use the interest-free period to invest in short-term financial products, and they can also redeem the currency for repayment on the repayment date. When using a credit card, be sure to repay on time and do not overdue it. .

2. Redeem credit card points

In order to encourage cardholders to use more credit cards for consumption, banks often launch some point promotions. While enjoying discounts, you can also accumulate multiple points;

Points can be redeemed for various products in the points mall, or the gift cards redeemed with points can be cashed out during redemption.

What novices need to know when using credit cards: Five tricks to use credit cards skillfully and avoid becoming a card slave

3. Avoid withdrawing cash

Generally, it is not recommended that you withdraw cash. Banks will Interest will be charged at a daily rate of 0.05 from the date of cash withdrawal, and a certain handling fee will also be charged;

Calculated in this way, the interest on credit card cash withdrawals is actually relatively high, so if there is no emergency, it is best to It's best not to withdraw cash.

4. Be careful with installments

If cardholders are unable to repay in full on the repayment date, they can choose to repay in installments to reduce their own pressure;

Beginners must know when using credit cards: Five tricks to play with credit cards skillfully and not become a card slave

However, the handling fee for credit card installment is that the longer the installment time, the higher the handling fee. Before making the installment, you can first Take a look at the fees you need to pay, and then decide whether to pay in installments.

5. Reject blind consumption

Some cardholders end up in debt due to blind use of credit cards and eventually become card slaves;

Card holders You must use credit cards based on your own repayment ability, repay in full and on time, develop good card usage habits, and consume rationally.