a credit card needs to be activated before it is used for the first time, and it can only be used after it is activated. The opening method of credit card is as follows:

1. When the outlet counter is activated, you only need to bring your ID card and credit card.

2. When opening a card for online banking, if there is an online silver shield, you can set the transaction cash withdrawal password together.

3, telephone voice self-help, also need to provide the correct ID number, in order to verify the identity; If you make a mistake when entering information, you will switch to manual card opening.

second, consumption and use.

after the credit card is activated, you can swipe your card normally. Banks will provide various preferential activities to guide you to use credit cards by points, discounts, installments and promotions, but if you deposit your spare money in a credit card account, interest will not be calculated. Credit cards are not savings cards, and there is no deposit interest rate.

third, repayment. Credit cards will have a billing date and repayment date, which are usually marked in the registered letter of the credit card. Friends who use credit cards must remember to repay on time. After the billing date and before the end of the repayment date, they can only repay. There is no need to pay interest for repayment before the repayment date.

fourth, interest and late fees.

most banks carry out the principle of full interest, and the daily interest rate is five ten thousandths. If the actual repayment amount of the consumer on the repayment date is lower than the minimum repayment amount, the bank will also charge a late fee of 5% for the part below the minimum repayment amount.

5. Annual fee. Almost all bank credit cards charge an annual fee, ranging from tens of yuan to thousands of yuan. The higher the level of the card, the higher the annual fee.

Nowadays, the competition in the credit card market is fierce. In order to attract customers and encourage consumers to use credit cards, most banks will launch many activities of annual fee reduction and exemption. For details, please refer to the credit card official website of major banks.

6. Staging. Credit card installment business is also a service provided by banks for such people who are overdrawn and unable to pay off their bills in a short time. Credit card installment has a certain period of interest-free period, but there is actually a handling fee. Once you apply for installment, the handling fee must be charged in full.

7. Cash withdrawal fee.

Credit cards are different from ordinary savings cards, which mainly encourage consumers to spend with cards instead of holding cash. Therefore, if you use a credit card to withdraw cash, the bank will charge a withdrawal fee, and the transfer is also regarded as cash withdrawal.