Why use a credit card?

Credit cards have many benefits. For the general public, the biggest benefit of credit cards is that they can consume in advance and pay off the debt the next month. For example, if you don't have money temporarily, but you see something you are interested in or want to buy for a limited time, you can swipe your credit card, buy the thing first, and then pay back the money after your salary is paid next month. In this way, you don’t have to miss the promotion period and you can get the items in advance. Why not?

In addition, if you are tight on money and need a large sum of money urgently, you can directly pay for it on your credit card instead of borrowing from relatives and friends. It is always better to borrow money from the bank than to borrow money from relatives and friends. Moreover, if you can pay back the money within the interest-free period, there will be no loss at all. Even after the interest-free period, there is no big loss in paying back some interest, because borrowing money from relatives and friends also requires interest.

In addition, using a credit card can accumulate personal credit. If the cardholder repays in a timely manner and has no bad records such as overdue payments or debt arrears, good personal credit can improve the loan success rate when applying for a loan in the future.

Credit cards also have another advantage that cannot be replaced by debit cards, that is, it is very convenient to spend abroad. The debit cards we usually use cannot be used for overseas purchases, but credit cards can be used directly overseas. Of course, this kind of credit card is also quite special, it is an international credit card. If necessary, you can apply for one in advance.

Also, spending with a credit card will generate points. When these points reach a certain amount, they can be redeemed for various discounts. The most common ones are movie tickets, Starbucks and hotel coupons, and video membership redemptions. Vouchers, etc., the rewards for redeeming credit card points from each bank are different. This is an additional benefit only available to those using a credit card, and does not require any money to be paid.

So it is very convenient to apply for a credit card. Not only does it allow you to spend money abroad as you like, but you can also get small surprises occasionally. The most important thing is that you have enough spare funds when you need money.

Why do you need a credit card?

1. Why use a credit card?

1. Just in case, emergency needs

The money in the debit card is what you want to save Yes, once something unexpected happens and catches you off guard, such as falling ill and not having enough money for medicine or even surgery, then a credit card can come in handy.

You don’t need to owe favors. You can swipe your card for urgent use and use the interest-free period to repay. When the time comes, your salary will be paid, or your financial management will increase your money? You have one more choice at critical moments.

2. Accumulate credit in the bank

How can people not borrow money when they are floating in the world? The lowest cost of borrowing money is the bank, which will be based on the cardholder's repayment ability. and willingness to repay, granting a certain credit limit, the importance of personal credit is still very important.

Having a good credit card usage record can better prove personal credit. The better the credit, the higher the success rate of applying for a card loan.

In addition, when using credit cards, you must avoid bad records such as overdue payments and debt arrears, otherwise it will affect your life and business in the future.

3. Satisfy daily consumption

“Spend tomorrow’s money to fulfill today’s dream.” When I see a bag that has not been discounted for a long time suddenly being promoted, but I don’t have much money, Your salary won’t be paid until next month, and now you only have one credit card left!

4. Points redemption and various discounts

In the era of Internet payment, don’t say you are still paying by merchant Eat and watch movies at prices that are marked! Credit card points can be exchanged for small gifts online. Airline miles saved can be exchanged for air tickets. Points can be exchanged for star hotel stays, Starbucks, movie tickets, etc. They can be used as cash and can be exchanged for cash on the platform! In addition, various banks offer endless credit card benefits and discounts, such as restaurant merchant vouchers, 9 yuan movie tickets, free airport transfers, VIP lounges, etc., but debit cards are not discounted at all!

5 , Convenient to check accounts and understand your own consumption

Usual accounting is a tedious task. The monthly credit card bill is basically equal to the consumption record. You can also bind payment apps such as Alipay to clearly understand your expenses. Facilitates financial planning.

Credit Card

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Why should you choose a credit card?

The so-called "card maintenance" means that the "card maintenance" company first uses its own cash to pay off the cardholder's debt, so that the credit card will show normal repayment, and then uses POS machines to make false purchases. In this way, the corresponding amount of cash on the card can be "drawn out". In this way, the credit record of the cardholder will be normal, and the cash will still be transferred to the company that "raised the card". If this cycle continues, the cardholder can delay repaying the money to the bank for several months, and no overdue interest will be incurred. The "card raising" company charges a certain percentage of handling fees. In the final analysis, "card raising" companies take advantage of the bank's interest-free period to use the bank's money to lend.

This kind of "card maintenance" service is directly provided to credit card holders in the form of false transactions, and personal economic risks have risen to legal risks.

How to maintain a card

Card holders only need to bring their ID card, bill and credit card to apply. Even if the card raising company repays the loan for you, the bank will not know. It will only show that your credit card credit is good. Moreover, during the process of "card raising", the company's card swiping can also help you increase the number of card swiping times, and the bank will continue to increase your credit limit and integral.

What does it mean to maintain a credit card?

The meaning is as follows:

Increase the number of card swipes. To maintain a credit card, the first thing is to use the credit card and not let the credit card sit idle. The way to prevent the credit card from being idle is to increase the number of card swipes and swipe the card more so that the credit card can play its role in promoting consumption and at the same time save yourself some expenses.

Multiple levels of cards. To maintain a credit card, you must also learn to use the card at multiple levels. Not only do you use the card for consumption, you can also use the credit card for installments, cash withdrawals, etc. to achieve hierarchical card use.

Increase the amount in an appropriate amount and at a constant speed. When raising a credit card, if you want the credit card to play its maximum role, you still need to continuously increase the overdraft and consumption limits of the credit card. That is to say, you must find a way to increase the limit of the credit card at a regular pace and in an appropriate amount. Do not increase too much at once, but you cannot always let the credit card limit increase. The quota hesitated and did not increase at all.

What is the meaning of maintaining a credit card?

Maintaining a credit card is not just a superficial meaning, but it means frequent use of credit cards and timely repayments to increase the credit card users. thereby increasing the amount.

The ways to maintain a credit card are:

Frequently use a credit card for shopping, whether it is buying large items or going to the supermarket to buy groceries. It is recommended to use a credit card wherever credit card consumption is supported.

Repay in time. If you frequently use your credit card but do not repay in time, the effect of maintaining the card will not be achieved;

Occasionally make large purchases to make the banking system think that you have Wealth capabilities are also very helpful in increasing credit card limits.

In short, a credit card is a kind of deliberate consumption, used to increase the credit limit in case of emergencies.

What does credit card maintenance mean?

Credit card maintenance refers to the process in which cardholders gradually increase their credit card limit by accumulating good credit card records through legitimate methods. The purpose of credit card maintenance is to increase the credit card limit and upgrade a low-limit credit card to a high-limit credit card, thereby increasing the credit funds available to the cardholder to meet the cardholder's own needs.

1. How to maintain a credit card

1. The consumption places can choose supermarkets, restaurants, home appliances, KTV, hotels, shopping malls, bakeries and pastries, etc. Especially when spending in large chain institutions, use credit cards for small payments. , helps to maintain the card and increase the credit card limit.

2. Diversify consumption channels, diversify spending in multiple aspects such as home furnishings, travel, etc. Secondly, the consumption location cannot be single, swipe cards at multiple locations, and swipe cards every month More than 30 times, the consumption quota is more than 60.

3. POS machines are generally used for credit card consumption. The best time for credit card swiping in a day is between 9:00 and 21:00. The same card cannot be swiped twice or more in a short period of time. It needs to be divided into intervals, such as morning and noon. Late or the next day. Every weekend or holiday, you can take advantage of the strong consumption and spend more.

4. It is best to control the consumption amount within 5,000. When swiping the card, try to use decimal points. Do not swipe numbers such as integers (such as 8500) or close to integers (such as 8002). The number of card swipes for large amounts does not need to be high. If it is too high, it will appear abnormal. Just one or two transactions per month will make the bank think that you do not have enough money.

5. The rate exceeds 0.6. The bank regulations are 0.6-0.75, which is normal. If it is too low, the bank will not make money. If the code is skipped, the bank will face a reduction or card closure.

6. Don’t draw out the credit limit immediately after repaying the loan. There must be an interval. When repaying, don’t pay it off all at once. Occasionally repay small amounts in installments to allow the bank to earn some money. Money, the amount can be raised faster.

7. Never make late repayments, as this will affect your credit score; try not to make minimum repayments, which will not only cause high interest rates, but will also be unfavorable for raising the limit; occasionally use a temporary limit.

This is the end of the introduction to why we keep credit cards.