How to obtain credit card points of China Merchants Bank

Card holders can obtain credit card points in the following ways:

1. Points can be obtained by swiping the card, RMB per Earn 1 point for 20 yuan, and 1 point for every 2 U.S. dollars;

2. Search Points Paradise on the Palm Life APP, and then you can earn credit card points through games;

3. You can invite friends to register and bind any of your bank cards to Palm Life, and you can get credit card points after the invitation is successful;

4. You can recommend friends to apply for a China Merchants Bank credit card, and you can get credit card points after the recommendation is successful; < /p>

5. You can apply for credit card installment, and you can also receive credit card points after the installment is successful;

6. You can apply for cash withdrawal business, and you can also get credit card points after successfully withdrawing cash.

Finally, it should be noted that, except for the first one which is not an activity, the next five are all activities, so the credit card points awarded each month are also different, and the details are subject to the activity rules.

Extended information: How to use China Merchants Bank credit card points

1. China Merchants Bank credit card points can be used to redeem gifts. There are many ways to redeem. You can log in to the Palm Life client and select "Points Benefits" in the "Discover" menu to redeem gifts. You can also open the official website of China Merchants Bank Credit Card, find the points redemption section, click in and choose to redeem your favorite gifts. You can also use China Merchants Bank Credit Card official APP Palm Life to choose gift redemption.

2. There are gifts that can be redeemed with China Merchants Bank credit card points. Good gifts for home, travel, and fashion; redeem major video memberships, such as Tencent membership, iQiyi membership, etc.; use points to play games or draw draws, and even use points to do micro-charity, etc. Cardholders can The points redemption interface offers multi-dimensional choices.

3. You can also enjoy delicious food by using China Merchants Bank credit card points. Watch movies and win prizes. In the month of the cardholder’s birthday, you can also receive special points discounts. In addition, some designated credit cards can also use points to redeem annual fees. For those game enthusiasts, credit card points can also be redeemed for popular game gift packages at great value, and there are a variety of novel ways to play with points.

How to obtain credit card points

There are two ways to obtain credit card points, mainly: swiping the card for consumption and withdrawing cash. For every 20 yuan spent with a card, you will get one point. If you spend less than 20 yuan, you will not get points. However, there are no points for online payments, group purchases, wholesale transactions, house purchases, car purchases, insurance payments, etc. There is also a way to earn points for cash withdrawals. It is also worth 20 yuan to earn one point, but with the existing handling fees and interest, there will be activities that will give you points as many points as you spend, or multiple points.

Credit Card Tip 1: Learn to read bills

Open your credit card statement, which records your monthly expenses in detail. If you cannot read these details well, it will be difficult to know clearly your repayment status. There are many proper nouns on credit card statements, such as cash advance limit, credit limit, current statement date, etc. What everyone needs to know most is the final payment date and minimum payment amount of the current period. The final repayment date of this period is the final repayment period stipulated by the bank. Any repayment beyond this period will be regarded as a breach of contract. The minimum repayment amount refers to the minimum amount to be repaid in this period, which is generally about 5%-10% of the total consumption.

Credit Card Tip 2: Make good use of the interest-free period

The interest-free period is how long you can avoid paying bank interest after your credit card is overdrawn. The general interest-free period is divided into two types: the longest and the shortest based on the length of time. The interest-free period of each bank is also different. For example, for credit cards launched by China Merchants Bank, according to online reports, the interest-free period can be up to 50 days. Generally, the card is swiped on the last day of the statement date, so that you can enjoy a longer interest-free period.

Credit Card Tip Three: Learn to Repay Reasonably

After understanding the above two skills, you also need to know how to repay money reasonably. Two repayment methods are recommended here. If you have sufficient funds, you can repay the loan in full on the final payment date. This is the first method. If you cannot afford so much money temporarily, you can use the second method, which is to pay the minimum repayment amount on the final repayment date. It is recommended that if you are able, you should repay in full. If you are unable to repay in full, you should pay the minimum amount before the final repayment date.

This is to protect your personal credit from being affected. Another thing to note is that if you withdraw cash in the current period, you will need to pay back more to offset the interest.

How to get credit card points

Credit card points can be earned by swiping your card for consumption and participating in bank activities.

1. Swipe more cards and spend more. Swiping your credit card multiple times can help optimize points.

2. Participate in bank activities.

Some banks launch activities to accelerate the accumulation of credit card points at the end of the year, and cardholders can take the opportunity to increase their points.

Each bank will launch credit card "double points", "points gift", "card swiping lottery" and other activities from time to time.

For example: During the GF Sharing Day, the GF Credit Card Center launched the “Golden Egg Smashing” activity to earn points.

Cardholders who successfully recommend relatives and friends to participate in the activity can get the opportunity to smash golden eggs. The more people they refer, the more points or miles they can earn from golden eggs. They can get up to 200,000 GF points, 10 10,000 Ctrip points or 8,000 miles. At the same time, cardholders can also enjoy the points or mileage rewards that the recommended person received from their purchases in the first two months.

Extended information

There are four major categories of credit cards. The purpose of swiping the card cannot be used to earn points normally. It can be said that "swiping is in vain".

The first category is card payment channels with low deduction rates, including car and house purchases, wholesale, etc.

The second category is stored value payment, such as provident fund, tuition fees, various recharges, etc.

The third type of non-points-based transactions are the fees incurred by the credit card itself, including credit card cash withdrawals, interest, various handling fees, etc., as well as some related life account deduction fees, etc., and points cannot be calculated. .

The fourth category is non-points consumption stipulated by each bank. This part of the regulations is relatively vague for each bank.

For example: Among the non-points rules stipulated by ICBC, Article 5 is "Other transactions that are determined not to accumulate points will not accumulate points." Article 4 of Bank of Communications’ no-points rules also stipulates that “other items separately designated by the Bank of Communications Credit Card Center” will not be awarded points.