You can enjoy an interest-free repayment period of 20-56 days by using a credit card (you can enjoy an interest-free repayment period of 50-56 days on the second day of the billing date). 56 days for Bank of Communications, 50 days for other banks and 48 days for investment promotion). This means that consumers do not need to pay any interest to the bank during the period after spending by credit card, and some families will invest their funds in other places as working capital during this period to manage their finances reasonably.
Credit card consumption can also be exchanged for goods, air miles and so on.
There is no such thing as cross-bank and off-site consumption of credit cards, which is the same in the whole country.
Buying a plane ticket with a credit card can enjoy aviation accident insurance ranging from 2 million to 5 million.
If you apply for a platinum credit card, there are more discounts. (You can enjoy free VIP room of high-speed rail, unlimited use of VIP room of global airport, unlimited use of Longteng card, 5 million aviation accident insurance, etc. When applying for Guangfa Bank Platinum Credit Card).
If the credit card is used in consumption abroad, some banks can also waive the currency exchange fee if it is a VISA or MasterCard dual-label card.
Using a credit card saves the trouble of carrying cash. Credit card consumption avoids the trouble of paying cash in the past, and there is no need to worry about the danger of carrying too much cash with you. Users can spend first and then repay, which is very helpful in the case of insufficient capital turnover.
You can participate in various discount activities. Many businesses have cooperation with banks. Consumers can take credit cards with them and enjoy discounts and other preferential activities. Customers can save money and get points. Why not? This is why many young people like to swipe their credit cards when they go out to spend money.
Deduction points for consumption. When users use credit cards to spend money, they can get points in many cases. The integral conversion standard of each bank is different. Please consult the corresponding bank for details. When users' points reach a certain level, they can exchange gifts, including things and virtual items, at the integral mall of the Credit Card Center website.
The credibility of personal banks has been improved. When we need a loan in our life, the bank attaches great importance to your credibility. If your credit card has always been good, it will be of great help to the loan.
Online consumption is convenient and fast. Many online shopping malls or Taobao shops have opened credit card payment methods, catering to consumers' psychology of spending with credit cards. Although credit card online consumption has no points, its convenient and fast payment method is liked by many people.
Extra privileges. Some bank credit cards not only enjoy discounts, points and other benefits, but also provide additional services. For example, some bank credit cards can enjoy free car wash service at designated places at a fixed time every week, or some bank credit cards provide free insurance service. Is it cost-effective?
No restrictions on the use of the area. Credit cards can be used all over the country, and some credit cards can even be used directly abroad. As long as it is an ATM or POS machine marked with UnionPay logo, you can spend it by credit card.
You can pay by credit card in installments to reduce the pressure of life.
Although the rates of different banks are different, they are all similar (0.72% for consumption and 0.75% for cash). Please refer to the staging mode of the two banks.
Credit card installment payment of Guangfa Bank:
Installment consumption by banks: refers to the cardholder's application for repayment of principal and handling fee by installments from the time of consumption to the current billing date (inclusive) in a single transaction of RMB above 500 yuan, subject to the audit results. You can freely choose 6/ 12/ 18/24 installments (monthly 1 installment), and the handling fee for each installment is only 0.7%/0.7%/0.72% of the transaction principal, and it will be deducted by installments.
Bill installment: refers to the period from the day after the bill date to two days before the final repayment date, the cardholder can apply to repay the current bill arrears by installment (6/ 12/ 18/24), and the corresponding handling fee for each installment is only 0.7%/0.7%/0.72%/0.72% of the transaction principal, which will be deducted by installments. The result and processing amount will be paid by the bank.
Financial wisdom fund is an innovative financial management service for credit card holders. You can apply for an additional cash advance of RMB 65,438+0, which can be used freely and flexibly, and you can easily repay it in 6/65,438+02/65,438+08/24 months. Only 0.75% of the principal fee is required for each installment, which can be returned to the credit card at the time of application according to the monthly bill. The approved amount/result is to be reviewed.
Note: The application amount is an integer multiple of 1000, and from 2000 yuan, the money will be transferred to the current savings account of a domestic bank in my name. Deduct the transfer fee from the credit card at our bank 10 yuan/transaction and cross-bank 20 yuan/transaction.
Credit card installment payment of China Merchants Bank:
Paid bills can be divided into the shortest 2 periods and the longest 24 periods; Unpaid bills can be divided into the shortest 2 periods and the longest 12 period; The first stage lasts for one month. The bill installment fee is included in the monthly bill for installment repayment, and the fee for each installment = total installment amount × rate. The rate for Phase 2 is 1.0%/ period; The third installment rate is 0.9%/ period; The interest rate for the sixth period is 0.75%/ period; 10 installment rate is 0.7%/ period; 12 installment rate is 0.66%/ period; 18 installment rate is 0.68%/ period; The rate for the 24th installment is 0.68%/ installment.
At present, the number of cash installments is divided into 3 installments, 6 installments, 10 installment, 12 installment, 18 installment, and 24 installments, and the commission rate of each installment is 0.95%, 0.80%, 0.75%, 0.75%, and 0.75% respectively.
Warm reminder: handling cash installment business does not charge advance cash handling fee and advance cash interest.
Zunshang Platinum Staging Card is charged monthly. At present, during the preferential period of listing, the rate of each issue is 0.85% for three issues, 0.7% for six issues, 0.65% for 10, 0.6 1% for 12, 0.63% for 18 and 0.63% for 24 issues.
Note: The standard service fee rate of China Merchants Bank's automobile installment business was 65438+5.5% in 2002, 10.5% in 2004 and 14.5% in 36 years. At present, there are a number of best-selling models, and the installment fee is 0. Please refer to the homepage information of the website.
Benefits of using Platinum Credit Card (take Guangfa as an example):
With GDB Platinum Credit Card, you can enjoy value-added services such as high-speed rail VIP lounge (other banks don't have it at present) and airport VIP lounge: green channel for medical treatment: you can enjoy VIP appointment registration service and medical guidance service three times a year for free in major cities in China, give priority to making appointments at designated time and with experts, and experienced medical guidance personnel accompany you to complete payment and medicine collection, making it easy to see a doctor.
Business VIP courtesy:
● Intimate VIP courtesy, quiet and comfortable exclusive space and convenient green passage.
1). airport VIP courtesy: exclusive lounge, agency procedures, boarding reminder, long-distance ferry, etc.
2). High-speed rail VIP courtesy: convenient location, close to the ticket gate, escorted by special personnel, priority boarding.
● You can enjoy the privileges of Guangfa's exclusive airport and high-speed rail VIP room unlimited times without making an appointment.
Free Longteng Card, 6 times (6 o'clock)/year Longteng Airport VIP lounge and 4 times (2 o'clock)/year Longteng high-speed rail VIP courtesy. Only 150 yuan/minute will be charged if the bonus points are exceeded.
Covering more than 200 major cities at home and abroad, such as Beijing, Shanghai, Guangzhou, Shenzhen, Hongkong, Tokyo and new york.
Tips:
1). VIP courtesy of the airport and high-speed rail is for personal use only. If you can take it with you, you need to pay: the escort fee for Guangfa exclusive airport/high-speed rail VIP room is subject to the quotation published on the spot; Longteng Airport/high-speed rail VIP room charge 150 yuan/point.
2) Due to the different conditions of VIP rooms in different places, the service items, service facilities and service processes that can be provided are also different. Please refer to the local actual service for details.
Multi-point gift (exclusive to Platinum Card): You can enjoy 3 times of points accumulation when spending on business trips or overseas merchants with Guangfa Platinum Credit Card? .
High travel accident insurance: 5 million yuan of travel accident insurance is attached with the card, which can also benefit your family, so that you and your family can enjoy intimate protection every time you travel.
Self-service installment exclusive three-phase fee discount: within one year from the date of issuing the card, you can enjoy three-phase fee reduction through self-service channels such as mobile banking, online banking, voice system, SMS and WeChat banking. (Click to view details, various bills, installment financing funds)
Note: the time of self-service staging should be before 20 15 12 3 1.
Emergency call service? If you are in urgent need of a car for business or holiday, just call the service hotline, and we will arrange a car for you, and you can enjoy a preferential price.
Global preferential merchants? : VIP treatment of global preferential merchants, enjoying exclusive treatment and discounts of top merchants such as five-star hotels, high-end restaurants and luxury brands.
Global travel support service: When you encounter difficulties when traveling or on business, you can call the 24-hour global emergency support service hotline at any time and enjoy a number of emergency support services, including: emergency card replacement, emergency cash advance, translation service, luggage loss assistance service, etc.
International personal assistant? When you or your family are abroad, you can call the 24-hour platinum service hotline at any time to provide intimate services such as restaurant reservation, hotel reservation and medical treatment according to your needs.
Vip service line? : 24-hour VIP line service, with exclusive secretarial services provided by experienced service experts.
Exclusive fee reduction? : you can enjoy a number of fee reductions, such as the domestic fee for reading the consumption list, the fee for reading the payment voucher abroad, and the over-limit fee.
Counter priority service? : You can enjoy VIP priority service at the branch where Guangfa Bank opens VIP service window, and give priority to all business.
Integral mall commodity exchange discount? All goods in integral mall Platinum Zone of Guangfa Bank can enjoy a 15% discount, which will make your points appreciate faster.
Automatic RMB settlement for global transactions? : The function of "RMB World Link" will be automatically opened for you, and all overseas international transactions will be automatically converted into RMB transactions. You only need to repay in RMB directly through the RMB repayment channel, saving you the procedures and expenses for purchasing foreign exchange.
Free trade security: You can use your card to protect your own security. When your card is lost, stolen, forged or the card information is leaked, we will provide compensation guarantee whether it is paid by password or not. There is also a free transaction reminder message to keep you abreast of changes in your account.
Owner-specific Platinum Credit Card Service:
Refueling cash back is under control: you can enjoy generous cash back by swiping your card to refuel. The monthly refund ratio of the amount below 1 000 yuan (inclusive) is 10%, 1 006,5438+0 yuan to 2000 yuan (inclusive) is 3% and 200/kloc. Up to 1560 yuan per year!
Road rescue is speeding? Enjoy unlimited road rescue throughout the year, free rescue services such as trailer, oil delivery and quick repair within100km, and provide free local accommodation arrangement or scooter transfer service when necessary.
Is it safe and considerate to drive after drinking? : Guangfa Credit Card drunk driving service is newly upgraded. Log in and download the e-driver client, and register your mobile phone number to make a reservation easily. E road is safe and considerate, and you can enjoy six free drunk driving services a year.
High insurance is safe and worry-free? : the driver's personal safety accident insurance with a maximum of 500,000 yuan is attached with the card, which is exclusive and intimate.
Exclusive service of Platinum Credit Card for business travel:
Business VIP courtesy
● Intimate VIP courtesy, quiet and comfortable exclusive space and convenient green passage.
1). airport VIP courtesy: exclusive lounge, agency procedures, boarding reminder, long-distance ferry, etc.
2). High-speed rail VIP courtesy: convenient location, close to the ticket gate, escorted by special personnel, priority boarding.
● You can enjoy the privileges of Guangfa's exclusive airport and high-speed rail VIP room unlimited times without making an appointment.
Free Longteng card, unlimited free access to Longteng Airport and VIP privileges of high-speed rail.
Covering more than 200 major cities at home and abroad, such as Beijing, Shanghai, Guangzhou, Shenzhen, Hongkong, Tokyo and new york.
Tips:
1). VIP courtesy of the airport and high-speed rail is for personal use only. If you can take it with you, you need to pay: the escort fee for Guangfa exclusive airport/high-speed rail VIP room is subject to the quotation published on the spot; Longteng Airport/high-speed rail VIP room charge 150 yuan/point.
2) Due to the different conditions of VIP rooms in different places, the service items, service facilities and service processes that can be provided are also different. Please refer to the local actual service for details.
More consumption appreciation: enjoy rich consumption feedback and accumulate points faster. Redeem your favorite gift. Domestic consumption enjoys 2 times points, and consumption abroad enjoys 5 times points. (From February, 2065438+2003 1 day, the upper limit of multiple points in the monthly points of business travel platinum card is adjusted to 1 10,000, and the excess part does not enjoy multiple points. )
Mileage redemption and overflight enjoyment: Your consumption points can be redeemed for multiple airline miles, and you can enjoy the exclusive discount of redemption 1 mileage for every 20 points.
Golf Platinum Credit Card Exclusive Service
Free green playing: select many golf courses in China and enjoy free green playing service during unlimited holidays, so that you can release your pressure, swing freely in the sun, green grass, beach and forest and enjoy a comfortable life!
Free practice time is wonderful? Select many high-quality golf driving ranges in Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou and other cities, enjoy free golf practice services during unlimited holidays, and share a happy golf life with partners.
Wonderful events, elites gathered? : GDB Platinum Credit Card Customer Golf Tournament will be held from time to time. You can sign up for tournaments and get to know more elites.
Preferential booking status symbol: Enjoy domestic and international golf club booking service, enjoy VIP discount and preferential treatment.
For specific service details, please call 95508 or refer to the user manual.
Within the scope permitted by law, Guangfa Bank can adjust the specific service contents and detailed rules according to the provisions of national laws and regulations and the actual situation.
Disadvantages of credit cards:
Irrational consumption. It is precisely because credit cards are convenient and fast to use, unlike paper money, which looks very distressed. Some irrational consumers tend to spend blindly, spend money like water, and finally regret it when they repay.
Interest is high. Everyone knows that every bank's credit card has a repayment date. If the user fails to pay off the current arrears before the final repayment date, he needs to pay bank interest and late fees.
There is an annual fee for credit cards. Every bank's credit card has an annual fee. Generally, banks will launch the activity of "swiping the card six times a year to avoid the annual fee for the next year" to encourage users to swipe their cards in disguise, otherwise they will charge an annual fee in the second year to increase consumption.
Overdue repayment will affect personal credit history. If the user fails to repay the loan within the time limit, it will also affect the user's credibility in the bank and bring influence and trouble to the future loan.
Stealing brush phenomenon. By default, credit cards have no passwords. Although many people set passwords when opening cards, there are also many cases of fraud and theft. Criminals use high-tech means to steal users' passwords and card numbers and spend them at will, which has caused great trouble.