Benefits:

1. You can overdraw your consumption without deposit, and you can enjoy an interest-free period of 25-56 days to repay on time without any interest.

2. swiping your card while shopping is not only safe, hygienic and convenient, but also a bonus gift.

3. special merchants who hold cards in banks can enjoy discounts.

4. Accumulate personal credit and add credit records to your credit file to benefit you for life.

5. Access to the whole country is barrier-free, and you can withdraw money or spend money by credit card at ATMs and POS machines with UnionPay logo.

6. credit card spending and taking existing points. A variety of discounts and lottery activities throughout the year, so that you can always be surprised by using the card.

7. Send the statement free of charge every month, so that you can grasp every consumption expenditure transparently.

8. Unique supplementary card function, suitable for husband and wife to manage money together, or to master the financial expenditure of their children.

9. The freely chosen form of one card and two currencies is popular all over the world, and consumption abroad can repay in RMB.

Disadvantages:

1. Blind consumption

swiping a card is not like spending money one by one like paying cash. When you swipe it, you don't feel anything. A few figures lead to blind consumption and spend money like water. However, what to buy and what not to buy, can you treat it irrationally? !

2. High interest rate

If you can't take care of your credit card, and you can't repay it as scheduled when the final repayment date comes, the bank will charge a certain interest fee to avoid greater risks, and you can only blame yourself. Extended information

CreditCard is a non-cash transaction payment method, and it is a micro-credit payment tool provided by banks to users. The earliest credit card appeared at the end of 19th century.

Credit cards are divided into credit cards and quasi-credit cards, which can provide settlement services, facilitate shopping and consumption, and enhance the sense of security; Simplify collection procedures and save social labor; Promote commodity sales and stimulate social demand. Credit card is a special card issued by banks or other financial institutions to those with good credit standing, which is used for shopping and spending in designated businesses or depositing and withdrawing cash in designated banking institutions. It is a special credit certificate.

Reference: Baidu Encyclopedia-Credit Card