Credit card in English: credit card.
1. Basic principles of credit cards:
A credit card is a plastic card issued by a bank or financial institution. Cardholders can shop in stores, buy goods and services online, or withdraw cash at ATMs without having to pay cash in real time. When shopping, the cardholder's consumption amount will be advanced by the bank, forming a credit card debt.
2. How to use credit cards:
Shopping payment: Cardholders can swipe their credit cards to pay shopping bills, which is convenient and fast.
Online transactions: Credit card is one of the most commonly used payment methods when shopping online, providing a safe and reliable payment channel.
Cash withdrawal: Cardholders can use their credit cards to withdraw cash from ATM machines, but this is usually accompanied by certain handling fees and interest.
3. Advantages of credit cards:
Convenience: Credit cards allow cardholders to make purchases without cash, which is convenient and fast.
Shopping protection: Credit cards usually have shopping insurance and extended warranty services to protect the rights and interests of cardholders.
Emergency backup: A credit card can be used as an emergency fund for unexpected expenses or emergencies.
4. Notes on credit cards:
Repay on time: Cardholders need to repay on time before the bill is due to avoid high interest and late fees.
Use rationally: When using a credit card, you must spend rationally to avoid exceeding your repayment ability.
Protecting personal information: Cardholders should keep their credit cards properly and be careful to avoid leaking personal information to others.
5. Credit card application and approval:
Application conditions: It is usually necessary to provide personal identity certificate, income certificate and other materials. The applicant's credit record is also an important basis for bank approval.
Approval process: The bank will approve the applicant based on his credit record and repayment ability. After approval, a credit card will be sent to the cardholder.