Why do people say that Bank of Communications credit cards are not easy to use?

Haha, it seems that everyone is a Bank of Communications person. There are many people who have Bank of Communications credit cards, but there are very few people who like Bank of Communications cards. In general, there are the following points:

1. Easy to apply for a card - too "philanthropic"

Compared with the other four major state-owned banks, although Bank of Communications' status is very noble, it is indeed the most "fraternal". Many novices think it’s not good to play cards easily? The key is that it is really easy to get a card from Bank of Communications, even easier than many commercial banks.

The Bank of Communications claims to the outside world: have a stable job, pay three consecutive deposits; have a college degree or above; have a Bank of Communications savings card; if you meet one of these three conditions, you can apply for a Bank of Communications credit card.

We all know that there is no perfect credit card (easy to apply for the card, high limit, easy to increase the limit, small risk control...). It is good if it can meet one of the requirements, and the Bank of Communications card only meets one of the requirements. It is easy to remove the card.

2. Ugly!

Generally, credit cards produced by banks through activities or jointly with other companies and supermarkets are more attractive, but this is not the case with Bank of Communications cards. What I remember particularly deeply is the card jointly launched by Bank of Communications and CP Lotus Supermarket. , it’s just a huge tomato with a white background: it’s so awkward in capital letters! ! !

3. It is difficult to raise the limit

Although it is easy to apply for a Bank of Communications card, the limit is generally very low. Many people have used Bank of Communications cards for 5 or 6 years and maintain the habit of spending more and swiping their cards frequently, but the limit is still several thousand yuan.

4. Strict risk control

BoCom’s risk control is very strict, especially during the Chinese New Year period, because it is easy to cancel the card. In order to maintain the activity of cardholders, the bank At the end of the year, I will also start to understand Lao Lai. Moreover, once the cardholder inadvertently swipes at wholesale, black, or cash-out POS machines, it is easy to get caught up in risk control. It is possible to reduce the limit, but it is also possible to have the card blocked.

5. The service is average

In the past two years, following user complaints and feedback, Bank of Communications has made major optimizations in consumer information notifications. In the past, there was no free SMS notification of account changes. , not even WeChat.

Now you can bind WeChat. But the fourth-level worry-free service of mobile phone text messages costs 4 yuan per month.

Having said so many disadvantages, in fact, I also have a credit card from the Bank of Communications. After all, the Bank is an old bank with many branches. The offline services are actually good, but the online services, especially text messages, risk control, and withdrawals, are Well, there is really a lot of room for improvement in this area.

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I used to be a Bank of Communications credit card holder, let me talk about my personal experience.

1. Low limit

The Bank of Communications card is the second credit card I have used (the first one was the China Merchants Bank card, which was also closed). I have used it for more than 3 years and then changed it. The limit of the new card is only 17,000. (At this time, the credit limit given to me by Ping An’s credit card was 45,000)

2. It is difficult to increase the limit

After changing to a new card, I applied several times to increase the fixed limit, but the answer was “comprehensive” "Insufficient rating" was rejected, and I consulted the human service, but there was still no answer, which felt a bit arrogant.

Thinking about it, I guess it’s because my installment payment was too small and the Bank of Communications didn’t make much money.

3. Few discounts

In the past, it was very cheap to buy movie tickets with a Bank of Communications credit card, but the coverage was not wide, the cinemas to choose from were limited, and the time was specified (I forgot the specific time). which day of the week), and then the activities disappeared.

As for other discounts, I don’t seem to have seen them.

Tell me about the experience of people around me using transportation credit cards. The credit limit for the first purchase is low, especially for white households. The limit for male white households is mostly between 2,000 and 5,000. For female white households, the credit limit is higher. Most are between 5,000 and 8,000, and very few exceed tens of thousands. The Bank of Communications also emphasizes academic qualifications. When applying online, if you don’t have a credit card through it and don’t even have an academic qualification, no matter how well you add your work information, it will basically It was also rejected instantly. Secondly, the Bank of Communications credit card deducts a service fee of 21 yuan every three months, which seems to be SMS service fees and asset insurance fees. Unless you take the initiative to call to cancel, otherwise it will be activated by default. Thirdly, it is difficult to raise the amount. Some people have used the quota for several years and still have it in the thousands. When they call customer service to apply for a quota increase, they always say that the comprehensive score is insufficient and the credit control is too strict. They always make large purchases in a single transaction several times in a row. If they do not apply for installments, they will face a reduction. Block the card.

In short, Bank of Communications is more realistic. If you have good qualifications and property, the credit limit given to you will be relatively high. After a few months, a considerable loan will be given to you. Once it is found that you are using the card abnormally, Or if you pay back a few days late, you will be immediately reduced or your card will be blocked. To be honest, Bank of Communications’ inspection and review system is second to none. When reviewing credit cards and loans, they are usually approved or rejected in seconds. Big data is quite Awesome, no matter which bank has its own set of review standards, if you think you are the boss or have a car and a house, you will definitely be able to apply for a large credit card. This is not necessarily the case. Some banks will give you a few thousand, which will make you angry. Break it up. Some people may have a credit limit of tens of thousands for working part-time. This is beyond our control. Credit cards are treasures if used well, but poison if used poorly. Do what you can within your ability. How big is it? Eat as much food as your stomach.

I applied to cancel the Bank of Communications credit card through telephone banking last Saturday. I have used it for 9 years. Let me tell you how I feel.

1. It was difficult to repay the loan in the first few years. , there are too few Bank of Communications outlets, and repayment in 2012-2013 is not as convenient as it is now. Every time I go to an outlet to repay, I feel really broken! Now it is very convenient to use Alipay and WeChat. 21 yuan deducted every month, 9 yuan credit protection and 12 yuan worry-free card use? What! Once you collect the money, I will have credit protection? I use your card and you charge me money while letting me worry-free?

2. It is difficult to raise the credit limit. It took me 9 years and changed the card twice. Repayments have been stable. The current quota is only 9,000. There was a temporary quota a few years ago, maybe 1,000 or 1,500, I forgot. It has been very stable in the past two years, especially stable with no temporary quota. Of course, I won’t ask for a too high limit. After all, I won’t use it all. No matter how high the limit is, the money I spend is not my own money. It will have to be paid back sooner or later.

3. The number of business trips has increased in the past six months, and I often have to use credit cards to buy tickets and book rooms. There are no discounts for swiping the card, and the points are very cheap. More than 10,000 points can only be exchanged for a box of socks. I applied for a co-branded card from China Construction Bank and China Eastern Airlines, and a co-branded card from CITIC and China Eastern Airlines. Comparing the credit limits, the Bank of Communications credit card seems particularly useless.

I used to work at the Bank of Communications. I can talk to you a little bit:

1. There is no big problem in passing the credit card of the Bank of Communications, but the limit review is very strict, and there are many It may be very early for people to apply for a Bank of Communications card. At this time, your income is low. Even if you have a regular job and your credit is no problem, the Bank of Communications card may be issued to you, but the limit will be very low, maybe only 2,000--5,000

2. If your original information is incomplete and the Bank of Communications determines that your income and property certificates are insufficient, customer service will call you to complete the income or residence certificates: such as real estate certificates or your salary slips. Many people At this time, if you don't want to fill in the trouble and don't want to provide such good certificates, the Bank of Communications system will judge that you are not qualified enough and your credit card limit is two thousand. . .

3. Also, if you apply for a card at the Bank of Communications but your income does not increase significantly, the Bank of Communications system will record it. For example, if your monthly income is 5,000, you have no house or car. You have applied for a Bank of Communications card, and it has never expired. The limit is only 10,000, and you want to apply for another one. However, the Bank of Communications system will determine your income and your current total limit. Maybe your second card has no limit or cannot be applied for. Even if it is applied for, the limit is 2,000.

4. The favorite customers of Bank of Communications Credit Card are civil servants with stable jobs and stable sources of income

I have the most say on this, the limit is 38,000, after you cash out It will keep calling you to make installments, but nothing will happen if you do OK. If you don’t do it, I’m sorry. When you pay back the money and then go to spend money, it will show that your card has been canceled. There is no reminder, no negotiation, and no limit reduction. For the amount that exceeds the limit, please take your ID card to the counter to collect cash in one month. So awesome! The most ridiculous thing is that it will constantly notify you through text messages that you can apply for a Bank of Communications credit card because you have good credit. It's really shameless to the extreme.

I applied for a Bank of Communications credit card before, but was rejected because I had too many credit cards and the accumulated limit was too high.

I have many credit cards, a high accumulated limit, and no overdue records. Doesn’t that prove that I am a high-quality customer? But the Bank of Communications obviously does not care about this kind of customers. It prefers novices who apply for a credit card for the first time.

I think it’s okay. I use the Bank of Communications’ Wal-Mart card, which is available in supermarkets and gas stations. Every year, the supermarket also has a Super Friday event where you can get 100 off a purchase of 200, which is a good deal. The points earned each year can be converted into cash to offset supermarket purchases, which I think is particularly good. The points from my other bank cards are basically useless, and it’s meaningless to calculate them in exchange for gifts. It's really not as good as converting it into cash. As for the limit, I think it’s okay. Sometimes when I’m found in a different place, I’ll be reminded that if I make a large amount, I’ll be given a temporary limit increase, and the limit will also be increased during the New Year and holidays. If I buy a high-speed rail ticket or book a hotel, I will be given a temporary credit limit, which I think is very considerate. Anyway, I have been using this credit card for more than ten years, which is pretty good.

Bank of Communications credit cards are very popular. People who say they are not easy to use are most likely to have risk control or have their credit limits reduced or their cards suspended.

In fact, Bank of Communications credit cards are still very competitive. For example, with the Wal-Mart Card, you can use 100,000 points to exchange for 950 card credit in a year (previously, 200,000 points were exchanged for 1,900 card credit. Due to the emergence of a large number of wooly parties, This leads to a limit of 100,000 points a year) This is only a discount for one card type. You can calculate the cost of 100,000 points to know how powerful this is. You can also combine it with transportation weekly swiping activities to get gifts at the same time. Swipe card money, why not!

Is the Bank of Communications credit card on Kuaishou reliable?

The Bank of Communications credit card on Kuaishou should be advertised by Bank of Communications on Kuaishou. Bank of Communications is also a trustworthy big brand. If you need to apply for a credit card, you can try it. However, the editor still recommends not to use credit cards easily. According to many users, once a Bank of Communications credit card is overdue, the overdue interest rate is Very high.

1. Introduction to Kuaishou

Kuaishou is a short video application APP developed by Kuaishou Technology. It was officially launched in 2013. The APP can record every moment of life with photos and short videos. You can interact with fans in real time through live broadcasts. The predecessor of Kuaishou was a GIF picture called "GIF Kuaishou". After the application was renamed Kuaishou, it transformed from a pure tool application to a short video community. Later, with the popularity of smartphones and mobile The decline in traffic costs has gradually become popular in the mobile application market.

II. Introduction to Bank of Communications

Bank of Communications is a banking and financial institution directly under the State Council. It is headquartered in Shanghai. Its main business covers commercial banking, investment banking, securities trust, and financial leasing. , fund management, insurance, offshore, financial services, etc. In July 1986, the State Council approved the reorganization of Bank of Communications, which was China's first joint-stock commercial bank. In 2003, it was placed under the management of the China Banking Regulatory Commission. In June 2005, Bank of Communications Co., Ltd. was listed on the Hong Kong Stock Exchange.

3. How to use credit cards correctly

After applying for a credit card, users must cherish their credit limit and never default on the bank's money, because the bank's money is in arrears for a period of time. It doesn’t matter for a minute. It’s better to repay as early as possible and pay more than to owe the bank a penny. If you default, your credit will decline. A decline in credit will cause a lot of trouble. It may be uploaded to the central bank’s credit reporting system. Now many banks All credit reporting systems are interconnected. Once an overdue payment occurs, many banks will know about it, which will affect future loan processing. After getting a credit card, you should try to control your consumption and try not to use the credit card to withdraw cash or use the money in the credit card to invest, because the handling fee for cashing out with a credit card is very high. If the investment fails, it will be difficult to return the money in the credit card. It is easy to cause adverse effects. Don't easily trust salesmen and intermediaries who apply for high-value credit cards. Doing so will put your credit card at risk and lead to information leakage and theft, etc.

Is Bank of Communications’ credit card medical insurance reliable?

Reliable. Bank of Communications is a large-scale domestic payment software. The credit card and medical insurance in the software are reliable. The software is easy to operate and quick to use, and is deeply loved by people.

How about the Bank of Communications credit card?

Relatively speaking, Bank of Communications’ credit limit growth is slow and its services are not very good.

Insufficient system score, which prevents you from increasing your credit card limit, often means that the bank does not increase your credit limit because your income is not high, and only you have good credit and the ability to repay. If you click below, then your limit will be increased.

Credit card repayment.

About credit card repayment, the similarities and differences between the credit card transaction date and the credit date

Transaction date: literally means the cardholder’s actual consumption, cash deposits and withdrawals, transfer transactions or The date on which the transaction actually occurred with the relevant institution.

Accounting date: refers to the date when the card issuer credits the transaction amount to the cardholder's credit card account after the transaction occurs or charges, interest, etc. to the cardholder's credit card account in accordance with regulations.

Sometimes the transaction date and the account entry date are the same day, and sometimes they are not. Especially when purchasing overseas, the difference between the two may be more than just one day.

Concerning this point, many veteran drivers who grab cashback for overseas consumption must have a deep understanding of this, and many of them were rejected because they could not figure out the difference between the two dates.

It’s not that everyone is inexperienced, it’s actually that the deposit date of each bank is different, even for the same bank, it is not the same every month. This rule is really difficult to grasp.

In fact, not only overseas activities, many banks also like to calculate the activities based on the date of entry. You may wish to pay attention to the detailed instructions of various activities to avoid accidentally falling into a pit.

About credit card overdue

Speaking of the topic of overdue, let’s first explain a few terms.

The billing date means that the card-issuing bank will regularly summarize and settle the various transactions and fees that occurred in your credit card account every month, calculate the interest, and calculate the total amount of debt you owe in the current period and the minimum amount. Repay the amount and send you a statement (paper bills are almost extinct now, they are basically text messages and emails). This date is your credit card statement date.

On the repayment date, for credit card non-cash transactions, the date between the bank accounting date and the due repayment date is the interest-free repayment date. The last day of interest-free is what is written on the bill. the final repayment date.

The minimum repayment amount means that if the cardholder has difficulty repaying all the amount payable before the due repayment date (inclusive), he can repay according to the minimum repayment amount stipulated by the card issuing bank, but You cannot enjoy the interest-free repayment period. The minimum payment is listed on the current bill.

Minimum repayment amount = 10% of the unpaid consumption amount within the credit limit (5 for some banks) 100% of the cash advance transaction amount 100% of the unpaid part of the previous minimum repayment amount 100% of the outstanding consumption amount exceeding the credit limit 100 of fees and 100 of interest.

In short, as for the minimum repayment amount, just look at the item on the bill.

Okay, with the above explanation of terms, this overdue is easy to explain.

If you pass the final repayment date and fail to pay the minimum payment, even if it is overdue, it may be recorded in the letter.

The reason why it is said that it is possible to be reported to the Hong Kong Economic and Trade News is because many banks also provide some conditions for exemption. The professional term is called tolerance, which can be regarded as extra-legal mercy

"Tolerance and time tolerance" is the collective name of "tolerance service" and "time tolerance service" of bank credit cards.

The "tolerance service" means that if the cardholder has insufficient repayment in the current period and the unpaid portion of the account after the due repayment date is less than or equal to a certain amount, the cardholder shall be deemed to have paid in full. If you repay the balance in full, the unpaid amount will be automatically transferred to the next bill, and no interest will be charged on the unpaid amount.

“Time-tolerance service” provides cardholders with a certain period of repayment grace period service. The repayment grace period is within a few days from the due date of repayment; When repaying within the time limit, the cardholder shall be deemed to have repaid on time.

Generally, the repayment date of banks is 20 days after the bill date, and some banks are 25 days after the bill date; the tolerance is usually 2 or 3 days (note that the ICBC tolerance is 0 days); the tolerance is generally Within 10 yuan, only China Everbright Bank can extend the limit to 100 yuan.

In addition, the time tolerance services of China Guangfa Bank, China Everbright Bank and Shanghai Pudong Development Bank need to be applied for before you can enjoy it. Regarding this point, it is understandable that you need to apply for time tolerance. The tolerance is only a few yuan. If everyone is aware of it, they will definitely pay it back easily. Who would bother to apply for it? With this application threshold, it means that there is no such service.

How about the Bank of Communications credit card? It’s pretty easy to apply for. I don’t know if it’s reliable.

It’s still very reliable. It’s fast to download the card and the limit is okay. If you need to use it, It is still recommended.

However, Bank of Communications' services are average, the interest rate is a bit high, and there is a service fee of 3 yuan for text messages.

Bank of Communications Credit Card is a credit brand product jointly launched by Bank of Communications and HSBC. Its user positioning is "a group of people who have ideals and pursuits in life and career, know how to enjoy, and are more willing to struggle. Sometimes there are people who want to study, do business, research or travel abroad.

Bank of Communications Credit Card is also a group of people with high living standards who are willing to try new consumption habits.

"Bank of Communications Pacific. The credit card is a credit card product created by Bank of Communications by introducing HSBC's advanced technology and management. It brings together the dual advantages of global and local, with the theme of "Chinese's Global Card", advocating a new consumer culture and card-using experience. Providing preferential treatment and considerate services all over the world.

This is the end of the introduction about Is the Bank of Communications Credit Card Reliable and Is the Bank of Communications Credit Card Reliable? Have you found the information you need?