How to spend with credit card?

Question 1: How to use credit card to spend with mobile phone? After binding the credit card in WeChat and Alipay, you can pay at some merchants that use WeChat and Alipay to scan the QR code to pay. You can use your mobile phone to scan the QR code to pay, and choose to use a credit card when paying. It should also be noted that some small individual merchants also accept payment by scanning QR codes, but they do not pay with credit cards. Those that support credit cards are some department stores, large supermarkets, etc.

Question 2: How to calculate interest after credit card consumption? If you spend a total of 2,000 yuan in one period, then your minimum repayment amount is 200 yuan. The daily interest rate is 0.5%.

For example, suppose your settlement date is the 7th, and your repayment date is the 25th.

So if you spent 2,000 yuan between July 8th and August 7th, you must pay back at least 200 yuan before the 25th, so that it will not affect your credit. Cause credit stain. The remaining 1,800 is calculated at an interest rate of 50,000 cents per day. Monthly compound interest.

If there is really no way to pay off 2,000 yuan at once, then at least the minimum payment amount must be paid off every month, and interest will be calculated on the balance.

It is cost-effective to repay in full, and interest will be charged on everything else. If you don't worry about the interest, then repay it in installments, within the range you can afford.

Currently, China Merchants Bank has introduced bill DIY for its cards. That is to say, as long as the bill for each period is higher than 1,000 yuan, you can choose to pay in installments, divided into 3, 6, 12, and 3 installments. The handling fee is 2.4. For details, you can ask 8008205555

Question 3: How to calculate the interest on credit card consumption? Credit card withdrawals are now interest-free during the interest-free period. Different banks have different interest-free periods. The minimum is 18 days. The longest period is 56 days;

Question 4: How do you check how much money has been spent on a credit card? The amount owed is 4066.54, and you have already repaid the minimum payment of 900 in the last period; if you pay it all off, it will be 4066.54.

Question 5: How can I use my credit card correctly to achieve the longest 50-day repayment period? Of course, there is a 50-day interest-free period for purchases made on the 25th, and 49 days for purchases made on the 26th, and so on.

Question 6: How to calculate consumption by credit card? You can spend whatever amount you swipe on the card

Question 7: How can you spend money if you don’t have your credit card with you? Hello! You can’t pay by credit card

But you can pay online, but you need to know the validity period and CVV2. I hope my answer will be helpful to you! Thank you for accepting, dear!

Question 8: How can I make my credit card only able to deposit but not spend or limit spending! If you have special problems during use, you can call the credit card center to request temporary control. In this way, you will not be able to use the card to make purchases or withdraw cash, but you can repay the card.

But some banks provide this function, and some The bank doesn't have it, you have to call and ask for details

Seeing LZ's additional question, I can only add this answer

Temporarily controlling or freezing credit cards refers to controlling card expenditures. Banks You also need to recover overdrafts. Such a card will not be controlled to stop repayment. As long as the company you use the card with usually supports inter-bank repayment, the card in this state can still transfer funds across banks.

Question 9: How to use WeChat credit card to make payments but cannot transfer money? With the continuous updating of WeChat versions, WeChat has gradually transformed from a simple chat application into media information, games and entertainment, life services, and e-commerce. It is an integrated multi-functional platform. WeChat not only changed people's lifestyles, but also had a significant impact on the development of mobile Internet. WeChat city services also have more and more functions

How to spend with credit card

When cardholders are making purchases, they can directly swipe their cards on POS machines of merchants that support credit cards. You can also bind third-party applications, such as Alipay, WeChat, etc., to pay for consumption with a credit card.

The method of swiping a credit card is:

1. Give the credit card to the cashier of the merchant, and the cashier will take the card and swipe it on the POS machine.

2. The cardholder enters the credit card password.

3. POS will automatically print out the transaction voucher.

4. The cardholder signs the transaction voucher and the transaction is completed.

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 ("Interpretation 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 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.

In most cases, citizens who have full capacity for civil conduct (citizens over 18 years old in mainland China) and have certain direct financial resources can apply for a credit card from the card issuing bank. Sometimes, legal persons can also be applicants.

Applicants for credit cards can be divided into units and individuals. Applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal person status in my country. Each unit applying for a credit card can receive a main card and multiple (5-10) supplementary cards as needed. To apply for a credit card, an individual must have a fixed occupation and a stable source of income, and provide a guarantee to the bank. The forms of guarantee include personal guarantee, unit guarantee and personal capital guarantee.

The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his/her basic information, etc. And submit certain copies of documents and certificates to the card issuing bank. After the customer fills in the application form truthfully according to the content, the customer must also submit the relevant credit certificate while submitting the completed application form. The application form is accompanied by a credit card use contract. The applicant authorizes the card-issuing bank or relevant departments to investigate its relevant information, and submits a statement of the authenticity of the information, the card-issuing bank's privacy protection policy, etc., and must have the applicant's signature.

How to waive the annual fee on a credit card, and what counts as consumption?

1. The annual fee of a credit card means the usage fee of the credit card, which refers to the service fee charged by the bank for providing credit card services to cardholders. In addition, the annual fee of each bank’s various credit card products The annual fee standards are public, so you can check the relevant information on the official website.

2. Under normal circumstances, regular credit cards and gold cards are free of annual fees in the first year, so as long as you swipe the card a certain number of times in the year you open the card, you can be exempted from the annual fee in the next year. However, the number of credit card swipes required for annual fee exemption is different for each bank. The specific situation must be based on the standards announced by the credit card issuer.

3. If you don’t use the card after applying for it, you will have to pay the annual fee. This is certainly not cost-effective. The annual fee exemption rules vary among different banks, making it easy for cardholders to incur annual fees unintentionally.

Cardholders generally believe that credit card agencies adopt the practice of waiving the annual fee in the first year and waiving the annual fee in the following year if the card reaches a certain standard, but this is not the case for all cards. For example, ICBC credit cards are not exempt from annual fees in the first year. Instead, they need to swipe the card a total of 5 times or spend more than 5,000 yuan to be exempted from the annual fee. China CITIC Bank stipulates that only swiping the card once in the first month after the card is issued can be exempted from the annual fee in the first year. .

As for the rules for exempting the annual fee for the following year, some banks stipulate that as long as the card is swiped more than three times, it will be free, such as China Construction Bank [6.203.85] and China Everbright Bank; some banks stipulate that the number of swipes is more For example, the Shenzhen Development Bank Credit Card stipulates that the annual fee for the following year can be waived by swiping the card 18 times. Most banks, such as ICBC, Agricultural Bank of China, Bank of China, Bank of Communications, China Merchants Bank, etc., adopt the policy of waiving annual fees for 5-6 times.

Yinsu.com Financial Planner pointed out that since annual fees are not the main source of income for domestic credit card issuers, banks generally stipulate that annual fees must be waived after a certain number of card swipes, but there is no limit on the amount. However, there are some banks that impose restrictions on the amount of consumption. For example, Shanghai Pudong Development Bank stipulates that the annual fee for the next year can be waived only if the consumption reaches 2,000 yuan or more.

It is also worth noting that the bank’s annual fee exemption rules are not static. A staff member of the Credit Card Center of Bank of Communications [8.794.27] told reporters that the annual fee for a credit card is based on the collection time of the first year's annual fee, and is pushed back 12 months to the collection time of the next year's annual fee. Bank of Communications credit card annual fee exemption rules will generally be notified to cardholders by text message at the end of the year or the beginning of the next year. Cardholders need to pay attention to whether the annual fee exemption rules have changed.

4. Generally speaking, only ordinary credit cards can enjoy the annual fee exemption rule, while the annual fees for gold cards, platinum cards, diamond cards and other cards are usually not exempt. Also, some high-end platinum cards and unlimited cards do not have an annual fee exemption policy for the first year. Even if they are not activated, they will still be charged an annual fee. As long as they are approved, the annual fee will be credited to your account immediately, so you must pay it back in time. payment.

How to spend with credit card?

Credit cards can be used in various consumption areas, such as shopping in shopping malls, dining, etc. They can be used wherever credit cards can be swiped, and can also be bound to third-party payments, such as Alipay, WeChat, etc. Moreover, credit card consumption enjoys an interest-free period. As long as you repay the bill in full and on time on the due payment date, you will enjoy the interest-free period.

Does cash withdrawal with a credit card count as consumption? Is there any difference between the two?

Many card friends asked a question when leaving messages, does cash withdrawal with a credit card count as consumption? Will cash withdrawals by credit card be included in each issue's bill just like card purchases? Regarding these issues, I have specially compiled this article today for your reference only.

First of all, let’s understand the concepts of credit card cash withdrawal and credit card swipe consumption. Credit card cash withdrawal refers to the amount of credit limit granted to the cardholder by the card issuing bank or institution that can be used for cash advance or transfer. Generally speaking, the ratio of cash withdrawal limit is 30 or 50 of the credit limit. Credit card consumption means that the cardholder directly exchanges money for goods when purchasing goods.

So, does withdrawing cash with a credit card count as consumption? It depends on how it is divided. If it refers to the use of credit card limit, cash withdrawal and consumption will use up the credit card limit. After paying off the debt, the limit will be restored. At this point, cash withdrawal and consumption are the same.

However, there is a big difference between cash withdrawal and consumption. The details are as follows:

1. Cash withdrawal does not enjoy the interest-free period. Generally speaking, a daily fee of 10,000 yuan will be charged starting from today. 5 interest, and consumption enjoys an interest-free period;

To sum up, cash withdrawals with credit cards are not considered consumption. It is recommended not to withdraw money from credit cards for financial management, because banks have to charge handling fees and Interest is a large amount of money, and the gain outweighs the loss.

How to spend with a credit card

1. Spend with a card in a physical store. Generally, all merchants marked with "UnionPay", "VISA" and other logos support credit card payments.

2. Bind Alipay or WeChat for consumption. When making purchases in shopping malls or other places, you can use Alipay or WeChat payment.

3. Online consumption.

In most cases, citizens who have full capacity for civil conduct (citizens over 18 years old in mainland China) and have certain direct financial resources can apply for a credit card from the card issuing bank. Sometimes, legal persons can also serve as applicants

Those who apply for credit cards can be divided into units and individuals. Applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal person status in my country.

Each unit applying for a credit card can receive a main card and multiple (5-10) supplementary cards as needed.

Individuals applying for credit cards must have a fixed occupation and a stable source of income, and provide a guarantee to the bank. The forms of guarantee include personal guarantee, unit guarantee and personal capital guarantee.

The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his/her basic information, etc. And submit certain copies of documents and certificates to the card issuing bank. After the customer fills in the application form truthfully according to the content, the customer must also submit the relevant credit certificate while submitting the completed application form. The application form is accompanied by a credit card use contract. The applicant authorizes the card-issuing bank or relevant departments to investigate its relevant information, and submits a statement of the authenticity of the information, the card-issuing bank's privacy protection policy, etc., and must have the applicant's signature.

After receiving the application form and relevant materials from the applicant, the card-issuing bank must review the applicant's creditworthiness. The content of the review mainly includes whether the content of the application form is true. For the applicant, the creditworthiness of the applicant must be assessed. For individuals, the relevant circumstances of the guarantor must also be reviewed.

Usually, banks will judge whether to issue a credit card to the applicant based on the application information and various aspects of the applicant's information and financial situation. Factors considered include the applicant's past credit record, the applicant's known assets, professional characteristics, etc.

After the applicant successfully applies for a credit card, the card-issuing bank will open a separate credit card account for the cardholder at the card-issuing bank for settlement after shopping, consumption and cash withdrawal.

Since the card is sent by mail after the credit card application is approved, there is no guarantee that the recipient is the applicant. In order to protect applicants and banks from fraud losses, the credit card has set up a card opening procedure before it is officially launched. Card opening is mainly done by phone or online. The relevant personal information provided during the application is checked. Once the information is met, the card opening process is completed.

At this point the applicant becomes the card holder and can officially start using it after signing on the back of the card. After opening a credit card, you generally need to set up a password for the card.

This ends the introduction on how to use credit cards to calculate consumption and how to use credit cards to calculate consumption records. Have you found the information you need?