How to apply for a personal credit card
The first way to apply for a credit card is: the applicant goes directly to the bank counter to apply. If you apply at a bank, you must fill in the information directly. There are bank staff on site who can guide me in filling in the relevant information, which can avoid the problem of being rejected if the information is filled in incorrectly. At the same time, we can issue more qualification certificates and wealth certificates, which will help increase our final card purchase limit. However, the credit card review process at the bank counter will be relatively slow, because the information must be reported from the branch to the credit card center, and then the card center will review your information. Another way is to apply for a card online: Nowadays, when applying for a credit card, we can apply for it on the official website of the credit card. However, when applying for a credit card online, we have to fill in the information ourselves, which makes it easier to fill in the information incorrectly. was dismissed. However, online application is mainly convenient and you don’t have to go out. You only need a mobile phone or a computer to apply. There is another way to apply for a credit card: that is to apply for a credit card through the bank's credit card clerk. We often see these bank staff setting up stalls in shopping malls or other stores to promote credit card applications. This method of applying for a card allows you to receive prizes, but since they are all business personnel, their main purpose is to obtain performance, so we still have to carefully consider things that guarantee a high limit and ensure the card is issued, and not to believe too much. The process of applying for a credit card 1. Prepare the application materials. 2. After the materials are ready, you can go to the bank to apply or make an appointment online. 3. Then wait for the bank's approval. During the approval process, the bank will call the applicant to verify the information. 4. After the approval is passed, the bank will mail the card to the applicant. It will take about 3 weeks to get the card after successfully submitting the information. "Legal basis: Credit card business is a civil act. The General Principles of Civil Law, Contract Law, Criminal Law, People's Bank of China Law, Commercial Bank Law and other laws have principled provisions on credit card business. Chapter 5 of the "People's Bank of China Law" states that the People's Bank of China examines and approves the establishment, change, termination and business scope of financial institutions in accordance with regulations. Article 3 of the "Commercial Bank Law" has 13 items in its business scope. Credit goes to school. Businesses that fall under Item 13 and are approved by the People's Bank of China are invalid and subject to corresponding criminal liability.
How to apply for a credit card at the bank?
The specific process for applying for a credit card at the bank is as follows:
1. If you are over 18 years old, hold a valid ID card, and have no bad credit record, you can apply to the bank.
2. Bring your ID card, income certificate and other relevant materials to the bank branch for processing, collect and fill out the application form, and submit it to the bank together with the supporting materials, waiting for review.
3. The bank will review your application form. The credit card limit will be determined based on your salary, assets and personal credit.
4. After review, the bank will send the credit card to your reserved address, or pick it up at a bank outlet.
p>
5. After getting the credit card, activate it and you can use it.
Credit card categories:
Credit status
According to the cardholder. Depending on the credit status, credit status, etc., it can be divided into ordinary cards and gold cards
(1) Ordinary cards are issued to cardholders with average financial strength, reputation, and status. Its various requirements are not high.
(2) Gold card is a high-end credit card that pays high membership fees and enjoys special benefits. The card is issued to those with higher creditworthiness and repayment ability. For those who are strong or have a certain social status, the authorization limit of the gold card is higher, and the additional service items and scope are much wider, so the requirements for relevant service fees and security deposits are also higher.
According to different repayment methods, credit cards can be divided into credit cards and quasi-credit cards
(1) Credit card is used first when the card-issuing bank provides bank credit. Use overdraft, and then repay or pay in installments. Most of the cards used internationally are this type of card. This means that the cardholder is allowed to pay off the credit card if there is no deposit in the credit card account. The method is "spend first, deposit later". Most of the cards used internationally are quasi-credit cards.
(2) Quasi-credit cards.
It refers to a credit card in which the cardholder must first deposit a certain amount of reserve fund as required by the card-issuing bank. When the balance of the reserve fund account is insufficient for payment, the cardholder can overdraw within the credit limit specified by the card-issuing bank, but the overdraft part will be calculated from the day of overdraft. Interest is charged and does not enjoy the interest-free period (quasi-credit cards do not require a deposit).
Circulation scope
According to the different circulation scope of credit cards, they can be divided into international cards and regional cards
(1) International cards. An international card is a credit card that can be used outside the country of issue and is accepted worldwide. The five major overseas groups (MasterCard, Visa International, American Express, JCB and Diners Club) issued MasterCard, VISACard, American ExpressCard and JCB respectively. (JCBCard) and DinersClubCard are mostly international cards.
(2)Regional card. A regional card is a credit card that can only be used within the issuing country or within a certain region. Most of the various credit cards issued by Chinese commercial banks are regional cards.
How to apply for a credit card and what is needed?
The credit card processing method is as follows:
1. Prepare materials. When you go to a bank to apply for a credit card, you must first prepare the corresponding application materials, which generally include original ID cards, work certificates, income certificates, etc.
2. Go to the bank to get the number. After you prepare the information, you need to choose a bank outlet you like, go to the bank's self-service number-taking machine during working hours to pick up your number, and prepare to handle business.
3. Fill in the card processing information. Generally, after taking the number, you can ask the bank lobby manager how to fill in the information, and fill in the information according to the staff's prompts and the template provided by the bank. The information required to be filled in must be accurate and cannot be erased.
4. Submit information. After filling in the corresponding information, wait until the bank counter calls your number. After getting the number, go to the counter to submit the required information for card application and wait for bank review.
5. Anti-audit. After receiving your verification information, the counter staff will review the information according to the bank's corresponding regulations to see if it meets the conditions for applying for a credit card. If so, it passes the review. If it can't do it, it will tell you why it can't be done.
6.Card issuance is activated. If the bank has already applied for the card, the bank counter staff will issue the card to you in time and help you activate it. From that point on, your credit card has been successfully processed.
Extended information:
1. Advantages and disadvantages of applying for a credit card:
(a) Advantages of a credit card:
1. No deposit required For overdraft consumption, you can enjoy an interest-free period of 20-56 days.
2. When shopping, you will get points as gifts.
3. Special merchants who hold cards at the bank can enjoy discounts.
4. Accumulate personal credit, and the credit record can be added to the credit file.
5. You can withdraw money or swipe your card at ATMs and POS machines with the UnionPay logo.
6. Some credit cards accept existing points.
7. Free monthly mailing of statements.
8. With the supplementary card function, you can manage finances together and control your children’s financial expenditures.
9. In the form of one card and two currencies, you can use domestic RMB to repay when you spend abroad.
10. 24-hour service hotline, loss report takes effect immediately.
11. Cooperate with third-party platforms to provide cardholders with preferential services.
(2) Disadvantages of credit cards:
1. Credit cards can easily lead to over-consumption.
2. Credit cards have higher annual interest rates.
3. Credit card debt can cause mental stress.
4. If your credit is not good, the cost of borrowing money will be higher, and you may even not be able to borrow money.
How to apply for a credit card
The credit card processing method is as follows:
1. Prepare materials. When you go to a bank to apply for a credit card, you must first prepare the corresponding application materials, which generally include original ID cards, work certificates, income certificates, etc.
2. Go to the bank to get the number. After you prepare the information, you need to choose a bank outlet you like, go to the bank's self-service number-taking machine during working hours to pick up your number, and prepare to handle business.
3. Fill in the card processing information.
Generally, after taking the number, you can ask the bank lobby manager how to fill in the information, and fill in the information according to the staff's prompts and the template provided by the bank. The information required to be filled in must be accurate and cannot be erased.
4. Submit information. After filling in the corresponding information, wait until the bank counter calls your number. After getting the number, go to the counter to submit the required information for card application and wait for bank review.
5. Anti-audit. After receiving your verification information, the counter staff will review the information according to the bank's corresponding regulations to see if it meets the conditions for applying for a credit card. If so, it passes the review. If it can't do it, it will tell you why it can't be done.
6.Card issuance is activated. If the bank has already applied for the card, the bank counter staff will issue the card to you in time and help you activate it. From that point on, your credit card has been successfully processed.
Extended information:
1. Advantages and disadvantages of applying for a credit card:
(a) Advantages of a credit card:
1. No deposit required For overdraft consumption, you can enjoy an interest-free period of 20-56 days.
2. When shopping, you will get points as gifts.
3. Special merchants who hold cards at the bank can enjoy discounts.
4. Accumulate personal credit, and the credit record can be added to the credit file.
5. You can withdraw money or swipe your card at ATMs and POS machines with the UnionPay logo.
6. Some credit cards accept existing points.
7. Free monthly mailing of statements.
8. With the supplementary card function, you can manage finances together and control your children’s financial expenditures.
9. In the form of one card and two currencies, you can use domestic RMB to repay when you spend abroad.
10. 24-hour service hotline, loss report takes effect immediately.
11. Cooperate with third-party platforms to provide cardholders with preferential services.
(2) Disadvantages of credit cards:
1. Credit cards can easily lead to over-consumption.
2. Credit cards have higher annual interest rates.
3. Credit card debt can cause mental stress.
4. If your credit is not good, the cost of borrowing money will be higher, and you may even not be able to borrow money.
What are the requirements for applying for a credit card?
1. There are certain age requirements for applying for a credit card: you must have full civil capacity, that is, you must be 18 years old and above;
2 .Have legal and stable income and good credit;
3. Provide corresponding identity documents: copy of ID card or military officer's certificate;
4. Work certification documents. Some banks also require proof of income and financial resources. Proof of financial resources can include a copy of the real estate certificate, a copy of the motor vehicle driving license, a bankbook, etc. Anyway, the proof of financial resources depends on the individual's repayment ability, which is easier to handle;
5. The proof of residence can be a copy of the household registration book, or a certification document issued by the street, or other certification materials. This is easier to do;
6. There is also an application form for applying for a credit card.
Legal basis:
Notice of the People's Bank of China on matters related to credit card business: Bank card clearing agencies should work with card issuers and acquirers to strictly follow the relevant regulatory regulations on bank card business. Further improve the rules and technical standards for credit card transactions. Each card issuer and acquirer should truly reflect and accurately identify business types such as cash withdrawals, cash transfers, cash recharges, etc., completely transmit transaction information, and ensure the authenticity, completeness, traceability and consistency of transaction information in the payment process. , to facilitate card issuers to identify and judge risks and ensure the safety of credit card transactions.
Article 35 of the "Commercial Bank Law of the People's Republic of China": Commercial banks shall strictly examine the borrower's purpose of borrowing, repayment ability and repayment method when granting loans.
Commercial bank loans implement a separation of review and loan approval and a hierarchical review and approval system.
Article 36 of the "Commercial Bank Law of the People's Republic of China": For commercial bank loans, the borrower shall provide guarantee. Commercial banks should strictly examine the repayment ability of the guarantor, the ownership and value of the mortgage and pledge, and the feasibility of realizing the mortgage and pledge.
After review and evaluation by a commercial bank, it is confirmed that the borrower has good credit and is able to repay the loan, and no guarantee is required.
Article 37 of the "Law of the People's Republic of China on Commercial Banks": A commercial bank shall enter into a written contract with the borrower when granting loans.
The contract should stipulate the type of loan, purpose of loan, amount, interest rate, repayment period, repayment method, liability for breach of contract and other matters that both parties deem necessary to agree upon.
Credit Card Application Process
The credit card application process is as follows:
1. Apply for a credit card at a bank branch.
(1) Go to the bank to fill in the credit card application form and submit personal certification and other application materials. All information including income, position, etc. must be filled out truthfully in the application form.
(2) Waiting for bank approval. During the credit card review stage, users can go to the official website of their bank to check the progress of their credit card application.
(3) After the bank has approved it, the credit card will be sent to you by express delivery. If the review fails, you will also receive a message from the bank.
2. Apply for a credit card through the Internet,
(1) Click "Credit Card" on the bank's official website app to enter.
(2) After entering, click "Apply for Card".
(3) Select the type of credit card you want to apply for and click "Apply Now". Fill in and complete personal information as required and submit.
(4) Wait for the bank’s review. After passing the review, wait for the bank’s express delivery.
CreditCard is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit.
The form of a credit card is a card with the name of the card-issuing bank, validity period, number, cardholder name, etc. printed on the front. Consumers holding credit cards can go to a special commercial service department for shopping or consumption, and then The bank makes settlements with merchants and cardholders, and cardholders can overdraw within the prescribed limit.
The functions of credit cards:
1. It facilitates people’s lives and saves them the trouble of carrying cash. There are no geographical restrictions on the use of credit cards. No matter when you swipe the card anywhere in the country, As long as there is a UnionPay logo, you can swipe it, and there is no handling fee;
2. You can participate in various preferential and discount activities cooperated by merchants and banks;
3. Earn money from swiping card purchases Points can be redeemed for gifts;
4. Timely repayment after swiping the card will improve personal bank credibility.
Uses of credit cards:
1. Shopping.
2. Microcredit.
3. Save money.
4. Save money when shopping.
5. Credit card value-added services, get cheap insurance and travel.
6. Credit certificate.
Credit card cash withdrawal methods are:
1. Cash withdrawal at the counter:
Card holders can bring their credit card to any bank counter and submit a cash withdrawal application to the staff. , and then enter the withdrawal password with its help to withdraw cash.
2. Bind the card to withdraw cash:
The cardholder can bind the credit card to a peer savings card in credit card online banking, and then transfer the credit limit to the savings card. Then use the debit card to spend, this behavior is also called cash withdrawal.
3. Withdraw cash from an ATM teller machine:
Insert your credit card into the ATM teller machine, enter the payment password of the credit card, select cash withdrawal, then enter the cash withdrawal amount, and finally confirm.
The methods of credit card repayment are:
1. Repayment through ATM machine. Cardholders can go to the bank's ATM machine, insert the card for deposit, and deposit the money into the credit card to repay the money.
2. Mobile banking repayment. All major banks have mobile banking software. Once installed on your mobile phone, you can repay credit cards.
3. Alipay repayment. Alipay has a credit card repayment function. Click "Credit Card Repayment" on the homepage to repay after binding the credit card.
4. WeChat repayment. There is a credit card repayment function on WeChat. Click "Me" - "Pay" to see the "Credit Card Repayment" function.
5. Repayment at bank counter. Cardholders can go to bank branches with their credit cards, ID cards and cash and handle credit card repayment over the counter.
That’s it for the introduction to ordinary credit card processing.