1. The handling fee for credit card consumption consists of the issuing bank, the acquiring institution and the network. According to the new regulations, debit cards and credit cards were charged at the same rate before. After September 6th, the service fees charged by card issuers were changed to differential charges between debit cards and credit cards, and the rate level was reduced to 0.35% for debit cards and 0.45% for credit cards.
On the 2nd and 6th, several banks in Bingcheng said that the current credit card processing fee rate of Bingcheng Bank is 0.6%. Among them, ICBC, Bank of China, China Construction Bank, Bank of Communications and China Merchants Bank all charge 0.6%, Agricultural Bank 0.5%, Industrial Bank, China Everbright Bank and Minsheng Bank 0.55%.
The staff of a bank calculated an account and bought 50 thousand yuan of goods with a credit card. Swipe your card before September 6, and the handling fee will be capped in 50 yuan; However, after September 6th, 300 yuan will be charged at the current rate of 0.6%, which is six times as much as before. At the same time, the staff also said that according to the rate of 0.6%, compared with the previous rate of 1.25%, it is more cost-effective to swipe a credit card as long as the consumption is within 8,334 yuan, which does not exceed the previous capping fee in 50 yuan. The new regulations will help to increase the cost of illegal cashing and reduce the phenomenon of illegal cashing of credit cards.