Which bank offers the best credit card rebates?

Guangfa Bank.

Guangfa has a credit card. When you shop for daily necessities on Friday, merchants will give you money directly, and the money will be transferred to your credit card account.

The cashback rules are actually very simple: first spend on WeChat, Alipay and 10 designated e-commerce platforms (such as Meituan, JD.com, Ele.me, Guangfa Mall, etc.) to get a proportion of online shopping funds → After obtaining it, if the number of monthly transactions reaches 10 and the total amount of online shopping credits reaches the standard, you can receive it the next month → After receiving it, you can deduct the received online shopping credits by spending on 10 designated e-commerce platforms.

Consumption→obtain online shopping gold→receive→consumption→deduct bill→consumption, it’s such a cycle.

Disadvantages of Credit Cards

Credit cards can easily lead to over-consumption. This is a common problem among people who are in credit card debt. It is painful to swipe a card without paying money, so they spend even more uncontrollably by swiping the card.

The annual interest rate on credit cards is as high as 18%. It is true that it can make borrowers lose money quickly.

Credit card debt causes mental stress. Some card slaves report that they are often afraid to open their mailbox or mail.

With bad credit, the cost of borrowing money will be higher, and it may even be impossible to borrow money.

Credit cards provide a choice between using debt to finance debt and drinking poison to quench thirst, causing debt to get out of control.

In addition, many "benefits" are actually hidden traps.

Short-term preferential interest rates are ultimately worth the loss. A certain percentage of people let emergency financing turn into long-term debt. Therefore, don’t be tempted by short-term low interest rates and make unnecessary borrowing.

Too much personal credit limit is not only not evidence of good credit (repayment record is), but it is a risk in the eyes of financiers, which may actually push up borrowing interest rates.

Gifts in reward programs often gather dust inside. Instead of spending money to get the gifts, it is more cost-effective to save money directly.

What does credit card cash back mean?

"The so-called credit card cash back means that after the credit card holder uses his credit card to spend up to the amount specified by the bank, the bank will return part of the money to the credit card Holder."

Advantages

1. Compared with ordinary bank debit cards, the most convenient way to use a credit card is that it can be used for ordinary consumption without cash in the card. , in many cases it is enough to repay the consumed amount on schedule.

2. You can use overdrafts without deposits, and you can enjoy an interest-free period of 20-56 days for on-time repayment without any interest charges (most banks will charge an interest of 50,000 cents on the day of cash withdrawal. There is also a 2% handling fee. ICBC cash withdrawals are free of handling fees and only charge interest).

3. Swiping your card when shopping is not only safe and convenient, but also provides points for gifts.

You can enjoy discounts when you use the card at the bank's designated merchants.

Accumulate personal credit and add a record of integrity to your credit file that will benefit you throughout your life.

4. It is accessible nationwide and you can withdraw money or make purchases by credit card at ATMs and POS machines with the UnionPay logo; (Note: Credit cards are only suitable for consumption. It is best not to withdraw cash. The handling fee for cash withdrawal is very high. Very uneconomical)

5. Use credit cards to make purchases, collect existing points with some credit cards, and offer a variety of discounts and lucky draws throughout the year, so you can always be surprised as long as you use the card; (most credit cards do not have points for online payment, But online shopping payment is very convenient and fast)

6. Free monthly mailing of statements, allowing you to transparently control every consumption expenditure; (now promoting green environmental protection, you can cancel paper statements and change them to electronic ones) Bills)

7. The unique supplementary card function is suitable for couples to manage finances at the same time, or to control the financial expenditures of their children.

8. The free choice of one card and dual currencies is available all over the world. Overseas consumption can be repaid in domestic RMB.

400 or the 5-digit short number starting with 9 is available 24 hours a day. Loss reports are effective immediately and there is zero risk of losing the card.

9. Have a validity period: It is known that domestic credit cards are generally valid for three or five years.

Use third-party platforms (the domestic platform that supports credit card bill management is mainly Jujindou) for business cooperation to provide cardholders with preferential services.

Can I still get a refund after using a credit card?

Can I get a refund after using a credit card?

For more health-related information inquiries, using a credit card to rebate means that the card has been activated. At this time, the card cannot be returned and the card can only be canceled. A credit card, also called a credit card, is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit.

This is the end of the introduction about using credit cards to get rebates and whether it is illegal to use credit cards to get rebates. Did you find the information you need?