Which bank has the lowest interest rate for credit card loans

Take the following banks as examples for credit card loans:

1. Whether the credit card installment interest rate of Agricultural Bank of China is 3 , 6 and 9 periods or 12 and 24 periods, both are 0.6%.

2. China Construction Bank’s credit card installment rates are: 0.75% for 3rd period, 0.7% for 6th period, 0.6% for 12th and 18th period, and 0.62% for 24th period.

3. Bank of China’s credit card installment rates are: 1.95% for 3rd period, 3.6% for 6th period, 5.4% for 9th period, 7.2% for 12th period, 11.70% for 18th period, and 15.00% for 24th period.

4. ICBC’s credit card installment interest rates are: 0.55% for 3rd period, 0.6% for 6th period, 0.6% for 9th period, 0.6% for 12th period, 0.65% for 18th period, and 0.65% for 24th period.

5. The installment rate of Pudong Development Credit Card: 0.72% for 3 installments, 0.7% for 6 installments, and 0.66% for 12 installments (charged every month).

6. Guangfa Credit Card installment rate: 0.65% for 6th and 12th periods, 0.7% for 18th period, and 0.72% for 24th period (charged every month).

Which bank has the lowest credit card loan, please refer to the bank’s latest updated interest rate.

What is a credit card?

Credit card (English: creditcard), also called credit card. It is a non-cash transaction payment method and a simple credit service.

A credit card is generally a special carrier plastic card with consumer credit that is 85.60 mm long, 53.98 mm wide, and 1 mm thick. It is issued by the bank to individuals and organizations, and can be used to shop, consume, and deposit and withdraw cash from the bank. It is in the form of a card with the name of the issuing bank, validity period, number, cardholder name, etc. printed on the front and a magnetic card on the back. strip, signature strip.

Credit cards are issued to cardholders by banks or credit card companies based on the user's creditworthiness and financial resources. Cardholders do not need to pay cash when making purchases with the credit card, and repayment will be made on the billing date (English: billing date).

On April 15, 2016, the central bank issued the "Notice of the People's Bank of China on Matters Related to Credit Card Business", canceling late payment fees on credit cards, introducing liquidated damages, and prohibiting over-limit fees. The new regulations were implemented in January 2017 It will be officially implemented on the 1st.

The debit card is an ordinary savings card. The account attribute is a current deposit account, which can be used for consumption, ATM deposits and withdrawals, etc.; the credit card can be used for consumption, ATM deposits and withdrawals, etc. The biggest advantage is that it can Overdraft (with a certain credit limit)

Generally, bank cards are divided into two types: credit cards and debit cards.

Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card in which the card-issuing bank gives the cardholder a certain credit limit, and the cardholder can consume within the credit limit first and repay later. A quasi-credit card refers to a credit card in which the cardholder first deposits a certain amount of reserve fund as required by the bank. When the reserve fund is insufficient to pay, the cardholder can overdraw within the credit limit specified by the card-issuing bank.

Debit cards are divided into transfer cards, special cards and stored-value cards according to different functions. Debit cards cannot be overdrawn. Debit cards have the functions of transferring money, depositing and withdrawing cash, and spending money. A special card is a debit card used in a specific area and for special purposes (referring to purposes other than department stores, restaurants, and entertainment industries). It has the functions of transferring funds, depositing and withdrawing cash. A stored-value card is a prepaid wallet-style debit card in which the bank transfers funds to the card for storage at the request of the cardholder and directly deducts funds from the card during transactions.

Which bank offers lower credit card interest rates?

Many friends have asked which bank's credit card is easier to apply for. I'm afraid I have to answer you, you have to choose from a commercial bank. The four major state-owned banks will be relatively more difficult. But if you insist on falling in love with the four major state-owned banks, it is recommended that you choose a credit card among them that is easier to apply for, so that the probability of applying for the card will be greater. Let’s take a look at the specific ones.

1. Industrial and Commercial Bank of China: Universe Constellation Credit Card

ICBC’s Universe Constellation Card is relatively easy to apply for, and it is also the main credit card recommended by Industrial and Commercial Bank of China. The appearance and benefits are both online. The key point is that the annual fee is waived during the validity period, which is awesome!

In terms of benefits, as long as new customers make a single purchase, they can receive a one-month VIP membership on Youku or iQiyi, giving them the benefits of being a drama-watching expert. In addition, there are discounts on overseas portable wifi, hotels, and airport parking.

2. Bank of China: Taobao Credit Card

The threshold of Bank of China is actually not too difficult, and the threshold is not very high. You can apply by providing proof of identity and residence. If you are an expert in online shopping, it is easy to apply for this BOC Taobao Card. The annual fee for the first year is waived when you purchase the card, and the annual fee for the following year is waived when you spend 5 times of any amount.

3. Agricultural Bank of China: Beautiful Upgrade Mom Credit Card

This Agricultural Bank of China’s Beautiful Upgrade Mom Credit Card is also easier to apply for. The gold card and platinum card can waive the annual fee by swiping the card. The visa platinum card is also free of annual fees during its validity period.

You can apply for a free trial course of Disney English. There is a 1,200 discount for purchasing the course, an instant discount of 60 for purchases over 350 at Kidswant, and random instant discounts for purchases over 300 at Donkey Mama on Saturdays.

4. China Construction Bank: The most popular card in the world

This card from China Construction Bank is also relatively easy to apply for, and is mainly more suitable for overseas travel, shopping, etc. Gold and Platinum cards are free of annual fees based on the number of card swipes. Visa and MasterCard cards are free of annual fees during their validity period.

Overseas wifi, special discounts on air tickets and hotels, cash rebates for overseas purchases, etc. are very suitable for overseas consumption or overseas shopping. It is called CCB’s “magic card”.

This is the introduction to the easy-to-apply credit cards from the four major banks. I hope it will be helpful to everyone. It is recommended that everyone prepare sufficient information before applying for a card, as well as proof of assets, etc. It can be of great help!

Which bank has the lowest interest rate for credit loans? Try these three options

We all know that bank loan thresholds are relatively high and the possibility of rejection is higher. However, if you have a credit card, you can apply for the exclusive cash installment business with your credit card, which can be regarded as indirectly applying for a bank credit loan. In order to make it easier for everyone to apply, here are a few with relatively low interest rates for your reference.

1. China Merchants Bank-e-Mobile Loan

China Merchants Bank provides exclusive large-amount cash installment business for high-quality credit card holders, which can also be regarded as a kind of credit loan. E-Zhao Loan has two methods: "installment repayment" and "repayment at any time". Different repayment methods have different interest rates.

Instalment repayment, 0.95% for 3 installments, 0.80% for 6 installments, 0.75% for 10 installments, 0.75% for 12 installments, 0.75% for 18 installments, 0.75% for 24 installments, 50% off during events; anytime For repayment, after the application is successful, interest will be charged on the amount applied for at a rate of 0.05% per day and compound interest will be charged monthly until the entire amount is paid off without additional handling fees.

2. China CITIC Bank-Xin Kuai Cash

It is also a service that only high-quality credit card customers can enjoy. The maximum limit is 300,000 yuan, and the repayment can be divided into three years at most. The interest rates are also different depending on the number of repayments.

1.50% in 1st period, 0.82% in 3rd period, 0.82% in 6th period, 0.77% in 12th period, 0.76% in 24th period, 0.76% in 36th period (annualized rate: 14.70-21.61%)

3. Minsheng Bank - National Music Installment (Cash Installment)

National Music Installment is an exclusive quota provided to qualified customers. Cardholders can apply for installment repayment within this quota. The interest rates vary depending on the number of installments.

The handling rate for the 3rd period is 0.9%/period, which is collected in one lump sum; the handling rate for the 6th, 9th, 12th, 18th, and 24th periods is 0.75%/period, which is collected in installments.

This ends the introduction about which credit card loans have low interest rates and which credit card loans have lower interest rates. I wonder if you have found the information you need?