Question 1: Is there a minimum consumption for a credit card? Will money be deducted every month if I don’t use it? There is no minimum spending for credit cards. Generally speaking, no annual fee will be deducted if you spend 5 times in the first three months of each year. If you use it less than 5 times, the annual fee will be deducted (usually about 0 yuan)
Question 2: Is there a minimum monthly consumption limit for credit cards? Hello, there is no minimum consumption limit for credit cards. Where did you hear that? If you don’t understand, you can ask me or initiate targeted help. If you are satisfied, please accept
Question 3: What is the minimum consumption for credit card repayment? If it is a China Merchants Bank credit card, you do not need to pay back the full amount, but the repayment amount for each period must be Greater than the "minimum repayment amount", which is the basic repayment requirement for you to maintain a good credit record. Minimum repayment amount = 10% cash advance principal + 10% non-cash advance transaction principal + 100% fees + 100% interest + 100% excess consumption + 100% unpaid portion of the minimum repayment amount in the previous period + 100 % For the single installment amount, please refer to the minimum repayment amount listed in the bill. If you choose "minimum repayment", you will not be able to enjoy the interest-free repayment period. All consumption in the current period will accrue interest from the recording date (usually the second day after consumption), with a daily interest rate of 0.05% until you have paid all your bills. Until it is paid off. If you repay the current period's repayment amount listed on the bill in full before the payment due date, you can enjoy the interest-free period for your consumption payments. You can choose the repayment method based on your specific circumstances.
Question 4: What does the minimum consumption amount of a credit card mean? To repay a credit card, you must first bind your debit card, and then deposit the corresponding amount into the debit card before the repayment date.
The specific credit card repayment methods and deadlines after binding the debit card are as follows:
If you pay it off in full, no fees will be incurred;
The credit card is still being repaid. There is generally a three-day grace period after the payment date, and repayment within the grace period is deemed to be repayment on time;
If the minimum repayment amount is paid, daily interest needs to be calculated, starting from the date of consumption accounting;
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If the repayment exceeds the grace period or the repayment amount is less than the minimum repayment amount stipulated by the bank, it is considered overdue, and interest will be calculated from the accounting date, and 5% of the unpaid portion of the minimum repayment amount will also be charged. Late payment fees are charged on a monthly basis;
The specific daily interest rates may vary for various credit cards.
Debit card binding can be done through the official credit card website. The specific operations are as follows:
Open the official website of the bank credit card and select personal online banking to log in;
After successfully logging into personal online banking, select Credit Card in the main menu. When the bank card is not bound to the credit card, the option to add a new account will appear at the bottom of the page;
Carefully fill in the credit card information Information;
Once completed, you can bind credit cards and bank cards.
Question 5: The annual minimum consumption for ordinary credit cards does not charge annual fees. Each bank is different. In 2015, the annual fee exemptions for credit cards of major banks are as follows. We hope to adopt them:
Agricultural Bank of China Credit Card:
The annual fee is waived for the first year, and the annual fee for the following year is waived after 5 purchases. For details of other card types, please see the official website, or consult the bank’s customer service
ICBC Credit Card:
Annual fees are waived for regular and gold cards with a total of 5 card swipes in a year; platinum cards with a cumulative spending of 200,000 yuan or the equivalent in foreign currencies in a year; UnionPay Premium Platinum Card, Dual-core Combination Platinum Card, and UnionPay Multi-Currency Platinum Card The annual fee for the excepted UnionPay Standard Platinum Card is 10% off. For details on other card types, please see the official website, or consult bank customer service
China Construction Bank Credit Card:
Regular cards are exempted if you swipe three times a year. There is no annual fee for swiping the standard platinum card 10 times. The annual fee is waived for the Red Cross member Dragon Card and provident fund credit card during the validity period. For details of other card types, please see the official website or consult the bank’s customer service
Bank of China credit card:
Swipe the Standard Gold Card 5 times to waive the next year’s annual fee. For details on other card types, please see the official website or consult the bank’s customer service
China Merchants Bank Credit Card:
Regular Card and Gold Card first The annual fee is waived every year, and the next annual fee is waived by swiping the card 6 times a year; international credit cards in all currencies are free for life within the validity period; for other card types, please see the official website, or consult the bank’s customer service
Shanghai Pudong Development Credit Card:
Credit cards approved from January 1, 2015 to December 31, 2015 are exempt from annual fees for the first two years, without any consumption requirements;
Credit cards approved before 2015 are exempt from annual fees for 2015. Fees, please see the official website or consult the bank’s customer service for details
Industrial Credit Card:
The Gold Card is free for the first year, and the annual fee for the next year is waived by swiping the card 5 times. For details on other card types, please see the official website , or consult the bank’s customer service
Minsheng Credit Card:
The first-year annual fee will be waived for 1 payment within 2 months of the Gold Card Pu Card, and the annual fee for the next year will be waived for 5 purchases in the same year. fee; after activation of the Standard Platinum Card, a first-year annual fee of RMB 600 will be charged. If there are 18 valid transactions in the year or valid consumption reaches RMB 50,000 or the equivalent in foreign currency, the annual fee for the next year will be waived. (Except for special card types). For details of other card types, please see the official website, or consult the bank’s customer service
Everbright Credit Card:
The Golden Card is free of annual fees in the first year, and 3 card swipes in the same year are free of annual fees for the following year; other cards For details, please see the official website, or consult the bank’s customer service
Guangfa Credit Card:
The Golden Card is free of annual fees in the first year, and the annual fee for the next year is waived on a rolling basis by swiping the card more than 6 times; unlimited cards/ The first supplementary card and business card of the World Card are exempted from the annual fee; the Zhenshang Platinum Card is free of annual fee for the first year if the card is swiped 3 times (inclusive) and each transaction is 88 yuan (inclusive) within 90 days of issuance, and the card is swiped 12 times (inclusive) or more Annual fees are waived on a rolling basis for the next year; the discount period is until December 31, 2016. For details of other card types, please see the official website, or consult bank customer service
Postal Savings Credit Card:
Regular Card Business There is no annual fee for the card; the main card of the transportation co-branded card is 50 yuan/year, and the annual fee for the next year is waived after 6 uses. It is valid until December 31, 2016. For details of other card types, please see the official website, or consult the bank’s customer service
CITIC Credit Card:
If you swipe or withdraw cash once within 30 days of card approval, you can enjoy the first-year annual fee exemption, and swipe the card within one year Or if you withdraw money a total of 5 times, the annual fee for the next year will be waived. For details of other card types, please see the official website, or consult the bank’s customer service
Hua Xia Credit Card:
The annual fee is waived in the first year, and the annual fee for the next year is waived if you swipe 5 times; for other card types, please see the official website. Or consult the bank’s customer service
Bank of Communications Credit Card:
The annual fee is waived in the first year, and the annual fee for the next year is waived after 6 purchases. There is no annual fee waiver policy for Bank of Communications Platinum Credit Card. For details of other card types, please see the official website, or consult bank customer service
Ping An Credit Card:
The annual fee for the first year is waived, and the annual fee for the next year is waived after 6 purchases (Platinum Card, Car Owner Cards excluded)
Standard credit cards, insured credit cards. For details on other card types, please see the official website, or contact the bank’s customer service
Question 6: Is there a minimum spending limit for credit cards? No.
However, the merchant will have restrictions, because the merchant pays the handling fee for credit card swiping.
Question 7: What is the minimum consumption for each credit card swipe? Hello, if you are applying for a China Merchants Bank credit card, you have not set it yourself. The bank does not have a minimum consumption limit, it mainly depends on the limit of the card merchant.
If you have other questions, it is recommended that you add "QQ" or "WeChat" for online consultation.
Method 1: Search for "4008205555" among QQ business friends and add "CMBC Credit Card Center" as a friend;
Method 2: Search for the number "cmb4008205555" in WeChat and follow CMB Credit Card Just center.
For detailed instructions, click: cc.cmbchina/...d=zxkf, thank you for your attention and support!
Question 8: Is the free credit card equivalent to the minimum purchase? Not free
Question 9: The Bank of Communications Credit Card Center is free of charge based on the minimum consumption. The Bank of Communications Credit Card is exempt from the annual fee for the next year. It is not simply that you don’t have to pay the annual fee if you use it six times a year. Different cards have different regulations. :
1. Bank of Communications credit card annual fee exemption policy
1. Non-Platinum credit cards are exempt from annual fees in the first year, and the annual fees for the following year are waived after 6 purchases.
2. Platinum card private banking customers will be exempted from the annual fee in the first year, and will receive a 20% discount on the basic annual fee from the following year.
3. Zoomlion, Sanjiang Aerospace, BOSS Credit Card RMB Gold Card, Shenyang Machine Tool Credit Card, Installment Credit Card and Business Card are exempt from annual fees until the validity period of the card.
2. Annual fee standard for Bank of Communications credit cards
Bank of Communications Pacific Credit Card, Liu Xiang VISA Credit Card, Y-POWER Credit Card, Pacific YTD Credit Card, Jinjiang Inn Credit Card, Hong Kong New World Department Store Credit Card , Wal-Mart Credit Card, Pacific Suning Credit Card, Yili Credit Card, and Pacific Airlines Secretary Card have exactly the same annual fee charging standards. The current charging standards are:
Gold card main card: RMB 200 per year, gold card Supplementary card: RMB 100 per year;
Primary card: RMB 140 per year, main card and supplementary card: RMB 70 per year.