SMART is a special credit card created by China Merchants Bank for young people. The annual fee for China Merchants Bank’s SMART credit card is about 200 yuan. The first annual fee is waived, and then the next annual fee is waived as long as you swipe the card 5 times. , the longest interest-free period is 60 days, the credit limit is generally 50,000, and unlimited withdrawals can be made for free with a credit limit of 30,000.
And the biggest advantage of China Merchants Bank Smart Credit Card is that there is no handling fee for cash withdrawals whether it is local or remote, or from other banks, which is much more convenient than other types of credit cards. .
Why is China Merchants Bank’s credit card called the “King of Cards”?
The excellence of China Merchants Credit Card is mainly divided into two aspects. The first aspect is usage rights, and the second aspect is quota and financing.
As the first bank founded by a company in China, China Merchants Bank has deeply felt the pressure brought by state-owned banks since its birth, so it has determined from the beginning to become the world's largest private bank. Based on this, in terms of risk control system, China Merchants Bank has a completely different system and credit standard from other banks. The most distinctive one is the uninterrupted limit increase of China Merchants Credit Card.
China Merchants Bank is the only bank among all domestic banks that can achieve uninterrupted credit limit increases. Various methods such as "45-day graduation" and "cash installment method" that have been widely promoted by intermediaries have all You can quickly graduate your China Merchants Credit Card from an initial credit limit of more than 15W to a comprehensive financing of 50W. This is one of the important reasons why China Merchants Credit Card is called the King of Cards.
Next, let’s first look at the limit increase and financing of China Merchants Credit Card. In the credit card limit increase, there are many factors that affect the card limit and subsequent limit increase. Including credit card level, credit card type, initial credit limit and even personal debt ratio, etc.
The lower the level of the credit card, the more difficult it is to increase the credit card limit and comprehensive financing in the later period. We all know that credit cards include regular cards, gold cards, and platinum cards. These are relatively common, and of course there are more advanced ones. Diamond card, black card. So for credit cards, the limit increase for ordinary credit cards is the most rare.
To break through this hurdle, we generally choose to cancel the reaffirmation or curve two cards, and reach the gold card level and above, in order to better enjoy the convenience brought by the high credit limit, and China Merchants Bank Credit Card Not restricted by this rule, credit cards of any level can reach a limit of more than 15W.
There are also different types of credit cards. The more low-end the cards, such as game co-branded cards and business and supermarket co-branded cards, the more difficult it is to increase the credit limit and comprehensive financing in the future. The more high-end the business-type card, the more powerful the limit increase will be in the later period. All banks follow this rule, but investment promotion is still an exception.
Any card type offered by the merchants can achieve perfect graduation, as well as the initial limit of the card, the potential of a credit card to increase the limit in the later period, the difficulty of increasing the limit in the later period, and the initial limit of the card. The limit has a great relationship. The lower the card limit, the more difficult it is to increase the limit later, but investment promotion is still an exception.
In other words, as long as you have a China Merchants Credit Card, no matter what card type, any initial limit, or any level, you can quickly graduate to full credit. This is one of the reasons why China Merchants Credit Card is called the King of Cards.