Nowadays, many banks are vigorously promoting credit card business. Generally, banks’ credit card “booths” can be seen in shopping malls and supermarkets with dense traffic. From suitcases, rice cookers, hot water kettles, summer coolers and benefits to attract consumers to apply for cards, have you ever thought about the truth behind applying for a credit card and giving gifts?

In order to dispel customers' doubts, many bank credit card marketers will persuade customers to apply for cancellation directly if they don't want to use the credit card. Now you can get free gifts if you apply. However, this may not be the case. Some banks’ credit card terms clearly indicate terms like this: If the credit card account has been canceled before receiving the credit card prize, it will be deemed that the cardholder has actively received the prize; if the cardholder If a person intentionally and maliciously cashes out the prize, the bank has the right to disqualify the credit card user from winning and deduct an amount equal to the prize from the credit card account.

And if the credit card is not activated, it may also incur annual fees. Although ordinary credit cards will not incur annual fees if they are not activated, if it is a high-end credit card or a customized card, the cost of card production is relatively high, so Even if the cardholder does not activate the credit card, annual fees may still be incurred. If the cardholder is not careful, the credit card annual fee may be overdue, thus affecting personal credit.

In addition, applying for a credit card may affect your personal credit report, because every time we apply for a credit card, the application records and card application records will be reflected in the personal credit report. Even if the credit card is not activated after applying, it will The personal credit report shows that if you apply for too many credit cards, your subsequent loan or credit card applications may be affected.

If you apply for too many credit cards but do not activate them, and when you really need to use the card later, the bank may think that you do not really need to apply for a credit card because you have too many card application records. Approval denied.

Therefore, when applying for a credit card, you must not blindly apply for a card because of gifts. Nowadays, major banks have issued credit card products. Different credit cards have different rights and interests. You can choose the one that suits you according to your actual situation. credit card.

Finally, I would like to remind everyone that credit cards are tools provided by banks to qualified applicants for early overdrafts. They are essentially credit products. When using credit cards, everyone should pay attention to reasonable consumption to avoid accidentally exceeding their limit. The scope of repayment ability leads to overdue payment.