Do you need to go to the bank to apply for a credit card?

In some cases, you must go to the bank to open a credit card. For example, if you apply for a credit card online, you cannot open the card over the phone. You must bring your credit card and valid ID card to a bank outlet to activate it. If you apply for a credit card at an outlet, you do not have to go to the bank to activate it. You can activate it through the bank website, mobile banking client, bank customer service and other channels.

Credit cards stipulated in the relevant laws of our country ("Interpretation of the Standing Committee of the National People's Congress on Relevant Credit Card Regulations") refer to credit cards issued by commercial banks or other financial institutions with the functions of consumption payment, credit loans, transfer settlement , cash deposit and withdrawal and other full or partial functions of the electronic payment card. On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented, stipulating that the standard English name of credit cards is CreditCard.

Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when consumption, and repayment will be made on the billing date (BillingDate).

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the prescribed credit limit. The so-called credit card generally refers to a credit card only.

Starting from January 1, 2021, the credit card overdraft interest rate will be determined independently by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of credit card overdraft interest rates will be cancelled. The daily interest rate is 0.7 times 5/10,000).

Main features of credit card:

Credit card is one of the fastest growing financial services today. It is an electronic currency that can replace traditional cash circulation to a certain extent;

Credit cards have both payment and credit functions. Cardholders can use it to purchase goods or enjoy services, and can also obtain certain loans from card issuers by using credit cards;

Credit cards are high-tech products that integrate financial services and computer technology.

Credit cards can reduce the use of cash;

Credit cards can provide settlement services, facilitate shopping and consumption, and enhance a sense of security;

Credit cards can simplify payment procedures, Save social labor;

Credit cards can promote product sales and social demand.

Individuals applying for credit cards must have a fixed occupation and a stable source of income, and provide a guarantee to the bank. The forms of guarantee include personal guarantee, unit guarantee and personal capital guarantee.

The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his/her basic information, etc. And submit certain copies of documents and certificates to the card issuing bank.

Do you need to go to a bank to open a credit card?

Whether you have to go to a bank branch to open a credit card mainly depends on the customer's application method and the regulations of the card-issuing bank:

1. Application at bank counter:

If you apply for a credit card at the bank counter, you don’t need to go to the bank to open the card. Because bank staff already know the customer's identity when applying, there is no need to verify the customer's identity information through face-to-face signing and card issuance to confirm whether it is done by himself.

To apply for a credit card at a bank counter, you can generally open the card by calling the 24-hour credit card service hotline starting with 400 on the back of the credit card and following the voice prompts.

2. Online application:

If you are applying for the bank's first card online, most banks will require the applicant to go to the bank to apply for a card. The main purpose of doing this is to confirm the identity of the applicant and prevent someone from pretending to receive the credit card. However, if the online application is not the first card and you have applied for a credit card from this bank before, because you have had business dealings and the bank has kept information records, you can also activate it directly through online banking or mobile banking/credit card APP.

1. Credit card activation

The first time you use a credit card, you must activate it. Unactivated credit cards cannot be used. There are many ways to activate credit cards. Cardholders who don’t know how to activate can refer to the following three methods:

1. Activation at the counter: This activation method is very simple and generally requires you to bring a valid ID. . Apply for a credit card at the business outlet of the card-issuing bank. Some banks stipulate that you can apply for a credit card online. You can only apply for a card through this method. The relevant documents you need to bring will usually be notified in the text message.

2. Online activation: There are many ways to activate your credit card online. You can activate it by following the card issuer's WeChat official account, or you can activate it on the card issuer's official credit card website.

3. Telephone activation: Generally, you need to call the 24-hour service hotline on the back of the credit card, and then follow the voice prompts to open the card by yourself. If not, you can transfer to manual service and ask customer service to help open the card.

2. Credit card use

Credit card use includes many aspects, such as card consumption, online payment, repayment, and handling of various businesses, such as bill installments, cash withdrawals, etc. , when applying for a card for the first time, you must have a general understanding of how to use a credit card.

1. Credit card consumption: Credit card can be used as a payment tool, and consumption can be made directly through the card POS machine installed by the merchant.

2. Online payment: Online payment with credit card is very simple. For example, if you want to shop on Taobao, select the product and click to pay, select the payment method as credit card, enter the credit card, three-digit security code, and SMS verification code. It's time to pay.

3. Repayment: When using a credit card for overdraft consumption, you must repay it on time, otherwise overdue payments will affect your credit record. There are many ways to repay credit cards. You can repay through mobile banking or through a third-party payment platform, such as Alipay.

Do I have to go to the bank to open a credit card?

When activating a credit card, you can not go to a bank branch and activate it through telephone banking, mobile phone text messaging, online banking, etc. However, for credit cards applied online, You must go to a bank branch to activate. Taking China Construction Bank as an example, the process of activating a credit card through mobile banking: 1. Open the China Construction Bank APP on your mobile phone and click on credit card.

2. Click to log in to your account.

3. Slide to the bottom of the page.

4. Find credit card management and open credit card activation.

5. Follow the page prompts and click OK.

If the user wants to apply for a credit card, there is no need to go to the bank to apply. Many salesmen can apply for you through the Internet, and the credit card can be issued after facial recognition. When applying for a credit card, different users receive different credit limits. Generally, those with higher comprehensive scores will have higher credit limits.

The user’s newly applied credit card can be used after activation. When using it, do not use all the credit limit at once, but proceed step by step. Moreover, users must repay on time after using credit cards, and overdue repayments cannot occur, because overdue repayments will incur penalty interest and the bank will collect them.

It should be noted that overdue credit card payments will be subject to a credit report. When the credit report becomes bad, it will affect the processing of various loans, such as car loans or home loans. What's more, the debt owed by the credit report will be kept for 5 years after it is returned. After 5 years, it will automatically disappear and will not continue to be recorded.

Version information: Take China Construction Bank version 5.7.1.001, Apple 13 (IOS15.4.1 system), and Huawei mate40 (HarmonyOS2 system) as examples.

Do I have to go to the bank to apply for a credit card?

Not necessarily, because many banks now allow you to apply for credit cards directly online.

Today, as Internet technology has become popular, users no longer need to go to banks to apply for credit cards on site. Many banks have opened business channels for online credit card processing, and also have fast review procedures. As long as there is no problem with the user's personal qualifications, the user can apply for a credit card directly online, and the bank will also send the card directly to the user.

1. In the past, you needed to go to the bank to apply for a credit card.

Before the 4G era, the Internet technology at that time was not as developed as it is now. If the user needs to apply for a bank credit card, the user needs to go to the bank's business hall to apply for a credit card. The bank will review the user's personal information. If the information is consistent, the bank will ask the user to return to the business hall. After the identity is confirmed through an interview, the bank will issue a credit card to the user.

2. Now you don’t need to go to the bank to apply for a credit card.

As I said above. Many banks now have online credit card processing channels. Users only need to go to the bank's official website or apply on other software. The application method is also very simple. Users only need to fill in their real-name information and follow the bank credit card application steps. Some banks may require users to provide proof of employment information, and users can prepare online documents in advance.

3. All bank review work will be conducted online.

After the user applies for a credit card, all the bank's work is performed online. If the user's personal credit is good, most banks will apply directly through the user's credit card. After waiting for 1 to 15 days for the card production and shipping period, the bank will send the credit card directly to the user's workplace. If users find this troublesome, they can also choose to set the card collection address to their home address.

In short, it is not necessary to go to the bank to apply for a credit card now, and it is very convenient to operate online.

This is the end of the introduction about whether you have to go to the bank to open a credit card and whether you have to go to the bank to open a Shanghai Pudong Development Credit Card. Did you find the information you need?