What are the requirements for applying for a credit card?
1. Age requirements Applicants must be between 18 and 60 years old. If applying for an additional card, the age can be as low as 16 years old. Of course, the age range with the highest actual card approval rate is between 25 and 50 years old.
2. The job requires a stable work unit, such as state-owned enterprises, civil servants, public institutions, listed companies, foreign-funded enterprises, and large private enterprises. Such units are best.
Credit cards, also called credit cards, are credit certificates issued by commercial banks or credit card companies to consumers with qualified credit. It takes the form of a card with the issuing bank's name, validity period, number, cardholder's name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially designated commercial service departments, and then the bank will settle the accounts with merchants and cardholders. Cardholders can overdraft within the prescribed limit.
Credit cards stipulated in the relevant laws of our country ("Interpretations of the Standing Committee of the National People's Congress on Relevant Credit Card Regulations") refer to credit cards issued by commercial banks or other financial institutions with the functions of consumption payment, credit loans, transfer settlement , cash deposit and withdrawal and other full or partial functions of the electronic payment card. On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented, stipulating that the standard English name of credit cards is CreditCard.
Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when consumption, and repayment will be made on the billing date (BillingDate).
Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the prescribed credit limit. The so-called credit card generally refers to a credit card only.
Starting from January 1, 2021, the credit card overdraft interest rate will be determined independently by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of credit card overdraft interest rates will be cancelled. The daily interest rate is 0.7 times 5/10,000).
On May 25, 2021, the Supreme People’s Court issued and implemented the “Regulations of the Supreme People’s Court on Several Issues Concerning the Trial of Bank Card Civil Cases.”
Credit cards are issued by commercial banks to individuals and organizations. They can use them to shop and consume with special organizations and deposit and withdraw cash from banks. They are special carrier cards with consumer credit. They are in the form of a card with the card issuing number printed on the front. Cards with bank name, validity period, number, cardholder name, etc., and a magnetic stripe and signature strip on the back.
A real credit card has the following characteristics: it is not encouraged to deposit cash in advance, consume first and repay later, enjoys an interest-free payment period, can repay in installments independently (with a minimum repayment amount), join VISA, MASTER Wait for international credit card organizations to make it universally applicable.
What are the requirements for applying for a credit card?
What are the requirements for applying for a credit card:
1. There are certain age requirements for applying for a credit card, that is, between 18 and 60 years old and having Full capacity for civil conduct.
2. You need to provide corresponding valid identity documents. When applying for a credit card, you must truthfully fill in your information, including identity information, education information, etc.
3. Applicants must have a fixed workplace, a stable source of income, and the ability to repay loans.
4. The bank also requires proof of income and financial resources. Proof of financial resources includes passbooks, copies of real estate certificates, etc.
5. Documents proving your place of residence are required, which can be a copy of your household registration booklet or a certificate issued by the street.
6. Personal credit records must meet the requirements of the bank, and a good credit record is required to apply for a credit card.
A credit card is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. The form of a credit card is a card with the name of the card-issuing bank, validity period, number, cardholder name, etc. printed on the front. Consumers holding credit cards can go to a special commercial service department to shop or consume, and then the bank will work with the merchant and the cardholder to The cardholder can make an overdraft within the prescribed limit.
What are the requirements for Bank of China to apply for a credit card?
Any Chinese citizen who is between 18 and 65 years old, has full capacity for civil conduct, has a legal and stable income, and has a legal and stable income in China. Foreigners and compatriots from Hong Kong, Macao and Taiwan who meet the right of residence and other conditions can apply for Bank of China credit cards locally.
Document requirements for applying for a credit card: Chinese residents: a copy of the resident ID card, military personnel can provide a copy of the military officer ID card;
Foreigners: a copy of the passport and the "Foreigner Residence Permit" 》Copy or copy of "Permanent Residence Permit for Foreigners"; for Hong Kong, Macao and Taiwan residents: "Mainland Travel Permit for Hong Kong and Macao Residents" or "Return Permit for Hong Kong and Macao Compatriots" or "Mainland Travel Permit for Taiwan Residents".
The above content is for your reference, please refer to actual business regulations.
If you have any questions, please feel free to consult Bank of China’s online customer service.
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What are the requirements for applying for a credit card?
1. There are certain age requirements for applying for a credit card: you must have full civil capacity, that is, 18 years old and above;
2 .Have legal and stable income and good credit;
3. Provide corresponding identity documents: copy of ID card or military officer's certificate;
4. Work certification documents. Some banks also require proof of income and financial resources. Proof of financial resources can include a copy of the real estate certificate, a copy of the motor vehicle driving license, a bankbook, etc. Anyway, the proof of financial resources depends on the individual's repayment ability, which is easier to handle;
5. The proof of residence can be a copy of the household registration book, or a certification document issued by the street, or other certification materials. This is easier to do;
6. There is also an application form for applying for a credit card.
Legal basis:
Notice of the People's Bank of China on matters related to credit card business: Bank card clearing agencies should work with card issuers and acquirers to strictly follow the relevant regulatory regulations on bank card business. Further improve the rules and technical standards for credit card transactions. Each card issuer and acquirer should truly reflect and accurately identify business types such as cash withdrawals, cash transfers, cash recharges, etc., completely transmit transaction information, and ensure the authenticity, completeness, traceability and consistency of transaction information in the payment process. , to facilitate card issuers to identify and judge risks and ensure the safety of credit card transactions.
Article 35 of the "Commercial Bank Law of the People's Republic of China": Commercial banks shall strictly examine the borrower's purpose of borrowing, repayment ability and repayment method when granting loans.
Commercial bank loans implement a separation of review and loan approval and a hierarchical review and approval system.
Article 36 of the "Commercial Bank Law of the People's Republic of China": For commercial bank loans, the borrower shall provide guarantee. Commercial banks should strictly examine the repayment ability of the guarantor, the ownership and value of the mortgage and pledge, and the feasibility of realizing the mortgage and pledge.
After review and evaluation by a commercial bank, it is confirmed that the borrower has good credit and is able to repay the loan, and no guarantee is required.
Article 37 of the "Law of the People's Republic of China on Commercial Banks": A commercial bank shall enter into a written contract with the borrower when granting loans. The contract should stipulate the type of loan, purpose of loan, amount, interest rate, repayment period, repayment method, liability for breach of contract and other matters that both parties deem necessary to agree upon.
This concludes the introduction to credit card application requirements and credit card application age requirements. Have you found the information you need?