The CMB credit card discount in Changsha is that you can earn points.

The pros and cons of applying for a credit card:

Benefits: You can use your credit to overdraw a certain amount of money. As people say, if the money is not enough, you can overdraw the money in the credit card. You cannot pay in installments, and it also depends on whether the merchant of the purchased product has this activity. Credit cards generally use the money first, and then repay the money within the reconciliation period, which is usually around 50 days. In particular, payment is required for credit card cash withdrawals. In terms of interest, credit card purchases are interest-free during the interest-free period.

Disadvantages:

1. If you are unable to repay the loan on time during the repayment period, it will leave a stain on your credit in the bank and enter the blacklist, so that you can borrow money to buy a house in the future. Driving is very difficult.

2. The interest rate for withdrawing cash from a credit card is very high

3. If the credit card does not have a password and is lost, you can wipe out your money if you find it;

4. There are two ways to repay credit cards: full amount and minimum repayment. It is recommended that I choose the minimum repayment.