At present, the credit cards of various domestic banks do not differ greatly in terms of application conditions, review time and various rates, but there are also some differences, mainly reflected in some limits and discounts. The following are the major domestic banks. The advantages and disadvantages of each credit card:
1. China Merchants Bank Credit Card
Advantages: The application threshold is extremely low, points are permanently valid; online banking is powerful, easy to operate, supports Alipay; often offers great value There are many group purchase products, activities and tricks; the one-card function is good, and the financial management is also good; all the cards are combined into one bill (convenient to repay); there are many types of cards, and the designs are beautiful.
Disadvantages: The points policy is very inhumane (20 yuan points to one point, not counting zero); the interest-free period is the shortest among all card issuers, the shortest is 18 days; all cards are combined into one bill (not flexible); Internet The payment limit is too low (500 yuan).
Summary: Suitable for friends who value service more than points.
2. CITIC Bank Credit Card
Advantages: easy to apply; has a 400 phone number; the installment limit is relatively high (up to 5 times) and does not occupy the limit; supports Alipay; online banking The operation and interface are very simple and convenient.
Disadvantages: few outlets; average customer service attitude; don’t forget to repay, the overdue amount is 30 (late payment fee) once!
Summary: Suitable for friends who need to cash out in installments, buy electrical appliances from Gome and Suning, and often travel abroad.
3. Industrial Bank Credit Card
Advantages: Supports "Tenpay" repayment; "Gold Card" can enjoy airport VIP lounge services; points are permanently valid and can be spent with points. Redeem airline miles. Don’t waste every point; award-winning hotline customer service; diverse card faces.
Disadvantages: No 800 and 400 customer service; few outlets; discrimination against agricultural households and men; does not support online shopping.
Summary: Suitable for friends who fly frequently and don’t want to pay the annual fee for a platinum card.
4. Guangdong Development Bank Credit Card
Advantages: 100% cash withdrawal after half a year; 56-day long interest-free period; "Xianxianxing" installment starting point is low (as long as 500 yuan); 48-hour card loss protection; supports Alipay.
Disadvantages: There are no 800 and 400 numbers; and customer service hotlines are set up by branches in various places; there are few outlets.
Summary: Suitable for friends who like full cash withdrawal and low starting point installment.
5. Industrial and Commercial Bank of China Credit Card
Advantages: There are more than 30,000 branches across the country, making it the bank with the most branches in China; it supports Alipay and can have unlimited limits; local cash withdrawals ; International cards of different brands have independent credit limits.
Disadvantages: The application threshold is too high, the quota is too low; the service attitude is poor (especially in branches). Such a large bank does not have an 800 number, and the 400 number is not open to individual users.
Summary: It is suitable for friends who do not have joint-stock commercial banks in the local area and who often like to overdraft and withdraw cash.
6. Bank of Communications Credit Card
Advantages: low application threshold, fast credit increase; 56-day long interest-free period; 100% cash withdrawal; supports Alipay, online payment limit 10,000 yuan.
Disadvantages: The installment operation is cumbersome; points are not permanently valid; each card needs to be repaid separately, and the total consumption of all cards will not be automatically calculated.
Summary: If you often buy home appliances, "Suning Card" is not bad, with double Suning points.
7. China Construction Bank Credit Card
Advantages: many network points; compared with the other three state-owned banks, the application threshold is lower; cash withdrawal fees are low (0.5%), and overdraft cash withdrawals Support minimum repayments.
Disadvantages: The limit is generally low and the limit increase is slow; each card needs to be repaid separately, and the total consumption of all cards will not be automatically calculated.
Summary: Suitable for friends who do not have joint-stock commercial banks in the local area.
8. Minsheng Bank Credit Card
Advantages: high points value; installments do not account for the quota; the gold card has a lawyer who provides good service; and business travel reservations (hotels and restaurants) are quite good ; ID cards are very personalized, but there is a card production fee.
Disadvantages: Few outlets; supports Alipay, no more than 1,000 per time, no more than 5,000 per day.
Summary: Suitable for friends who value points. Applying for a gold card is very easy and convenient.
9. Agricultural Bank of China Credit Card
Advantages: many network points; convenient repayment, supports automatic deduction by agreement, 56-day long interest-free period; professional business travel services for credit card customers .
Disadvantages: The application threshold is high, the cycle is long, and the credit limit is generally low; I feel that the bank does not attach great importance to the credit card business.
Summary: It is suitable for friends who do not have joint-stock commercial banks in the local area, and the conditions for applying for a card are excellent.
10. Bank of China Credit Card
Advantages: It started issuing cards in 1985 and is the earliest credit card issuer in China; you can get cash points for overdrafts.
Disadvantages: you have to go to a business outlet to cancel your account; the credit limit is low (a common problem of state-owned banks); 800 is only for Great Wall International cards; Alipay is not supported; overdraft cash withdrawal does not support minimum repayment.
Summary: Olympic cards are suitable for collection.