Can't borrow money on the same day. Because the credit card application is approved and the card is mailed, there is no guarantee that the recipient is the applicant.

In order to protect applicants and banks from being stolen, credit cards have card opening procedures before they are officially opened. Card opening is mainly through telephone or internet. , check the relevant personal information provided at the time of application, and go through the card opening procedures after meeting the requirements.

At this time, the applicant becomes the cardholder and can officially start using it after signing on the back of the card. After a credit card is opened, it is generally necessary to set a password for the card.

After accepting a credit card, a credit card merchant or bank shall review the validity of the credit card and the identity of the cardholder.

Extended data:

First, a credit card is a credit card that allows you to overdraw or withdraw cash in advance (with the existing handling fee and interest).

Second: it usually takes 5 to 20 days from processing a credit card to getting it. After getting the card, the activation password can be used. If the consumption amount is large, it can be repaid in installments.

Third: the credit card will have a fixed billing date, which is to count your consumption within one month, and you can pay back the money within 20 or 25 days after the billing date.

Fourth: you can earn points by swiping your card, which can be exchanged for gifts, or you can enjoy it when you have a discount on eating and watching movies with a bank credit card.

References:

Baidu encyclopedia-credit card