1, with a good reputation, it is basically paid off on time every month. I didn't pay it back on time once or twice, but I paid it back in a few days. If interest is generated, you can contact customer service to apply for relief.
2. If it is overdue, the handling fee and late payment fee will not be reduced. If the minimum repayment amount of the bill is not returned in time before the due repayment date, late fees and interest will be charged, and personal credit will be affected. The overdue fine is 5% of the unpaid minimum amount, and the minimum amount is RMB 10 yuan or USD 1 yuan. Interest means that all consumption in the current period is charged from the bookkeeping date (usually the day after consumption), and the daily interest rate is five ten thousandths until it is fully paid off.
Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.
According to the different card issuers, it can be divided into bank cards and non-bank cards.
Bank card. This is a credit card issued by the bank. Cardholders can shop and spend money at the special merchants of the issuing bank, or they can withdraw cash at any time at the outlets of the issuing bank or at places with ATMs.
Non-bank card.
This kind of card can be divided into retail credit card and travel entertainment card. Retail credit cards are credit cards issued by commercial organizations, such as department stores and oil companies, which are specially used for shopping in designated stores or filling gas stations. , and settle accounts regularly. Travel and entertainment card is a credit card issued by airlines, travel companies and other service industries, which is used for ticket purchase, dining, accommodation, entertainment and so on.
According to the different issuing banks, it can be divided into corporate cards and personal cards.
Company card. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, state party and government organs, armed forces, organizations and other legal person organizations.
Personal card. Personal cards are issued to individual urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable income sources. The personal card is applied in the name of an individual and bears all the responsibilities for its use.
According to the credit status of cardholders, it can be divided into ordinary cards and gold cards.
Ordinary card. Ordinary cards are issued to cardholders with average economic strength, credibility and status, and the requirements are not high.
Gold card.
Gold card is an advanced credit card that pays a high membership fee and enjoys special treatment. Card issuers are institutions with high credit, strong repayment ability, credit or certain social status. The starting point of gold card authorization limit is higher, and the additional service items and scope are wider, so the requirements for related service fees and deposits are higher.
How to write a credit card application to reduce interest and late fees?
Just state the reasons for applying for interest reduction and late payment.
If it is overdue, the handling fee and late payment fee will not be reduced. If the minimum repayment amount of the bill is not returned in time before the due repayment date, late fees and interest will be charged, and personal credit will also be affected. The overdue fine is 5% of the unpaid minimum amount, and the minimum amount is RMB 10 yuan or USD 1 yuan. Interest means that all consumption in the current period is charged from the bookkeeping date (usually the day after consumption), and the daily interest rate is five ten thousandths until it is fully paid off.
Extended data:
Precautions for credit card use:
If the credit card fails to repay according to the minimum repayment amount, it will not only deduct high interest, but also affect the personal credit record. If you want to borrow money from the bank or do something related to personal credit in the future, it will be more troublesome.
Generally, credit cards charge an annual fee, and banks also charge a certain service fee every year. However, due to the fierce competition among major banks, many banks have measures to offset the annual fee, such as 10 credit card spending can be exempted from the annual fee, and the annual fee can be exchanged for 1000 points. It is necessary to know clearly how the annual fee of the credit card used by users is calculated and charged, and whether there is any way to offset the annual fee.
Baidu encyclopedia-credit card
Baidu encyclopedia-credit card late payment fee
How to reduce the penalty for credit card?
Credit card overdue penalty is the penalty for the cardholder's failure to repay in full on the last repayment date, which can't be reduced under normal circumstances.
However, if there are the following special circumstances, there is an opportunity to reduce or exempt:
1. If the non-malicious credit card is overdue due to unemployment or serious illness, you can ask the bank to explain the situation and request to reduce the overdue penalty;
2. Credit card overdue fines caused by unknown fees or charges not stipulated by the bank can be reduced or exempted;
3. Before the credit card repayment date, we have negotiated with the bank on the deferred repayment plan, and the overdue liquidated damages caused thereby can be reduced or exempted from the bank.
Now overdue liquidated damages and penalty interest are quite high, and banks will also have relief rules. Therefore, when an individual is unable to repay due to unemployment, illness and other reasons, before the repayment deadline, the cardholder will take the initiative to get in touch with the credit card center of the bank, explain his financial situation, declare his non-malicious arrears, and apply for deferred repayment. If the bank agrees, the resulting liquidated damages can be reduced.
For more information on how to reduce credit card fines, please visit: See More.
How to reduce the annual credit card fee?
China bank credit card annual fee waiver conditions:
1, Jinpuka: Free of the annual fee for the first year, and free of the annual fee for the following year for five purchases in the same year.
2. Platinum card: the annual fee for the first year is exempted, and the annual fee for the next year can be exempted if the accumulated consumption during the annual fee period reaches 12; Or exchange 6,543,800+comprehensive points for the annual fee of the following year.
3. For high-end cards or special cards, please call the customer service hotline of China Bank at 4006695566.
4. If you don't meet the annual fee waiver policy and are charged an annual fee, you can call China Bank's credit card customer service hotline at 4006695566 to inquire about the annual fee refund and points exchange policy.
Tips: The annual fee of Platinum Card collected before 2020 (inclusive) does not support the redemption of comprehensive points. The annual platinum card fees charged in 20021and 2022 shall be implemented according to the annual points exchange policy in 2022.
The above contents are for your reference. Please refer to the actual business regulations.
If you have any questions, please contact online customer service of Bank of China.
You are cordially invited to download and use China Bank Mobile Banking APP or China Bank Cross-border GOAPP to handle related business.
What materials do China Merchants Bank need for credit card relief?
If the credit card is overdue, I really can't afford it, and I want to apply for exemption from the bank.
The materials that need to be provided are not only my ID card and overdue credit card.
You also need an application form. The application form needs to indicate my name, the specific circumstances of overdue and the reasons for overdue, and then express my willingness to actively repay the loan before applying for relief.
It should also provide information that can prove that the reasons for overdue are indeed true. For example, the economic difficulties caused by accidents caused by unemployment, illness or hospitalization cannot be improved in a short period of time, resulting in the inability to repay within the specified time. In case of overdue, it is necessary to provide proof of termination of labor contract, hospitalization list and list of related medical expenses.
After the cardholder prepares all the materials, he gives them to the staff of the bank, and then waits for the bank's audit. If the bank agrees to reduce certain fees, it can negotiate with the bank to repay the loan on time according to the new regulations. If the bank doesn't agree, it can only find another way to pay off the debt quickly.
Can Industrial Bank credit card apply for interest relief?
Of course. Only when the enterprise goes bankrupt or is really unable to repay the bank debt for other reasons can you apply for interest relief. Industrial Bank credit card has the policy of applying for interest reduction and exemption. If you want to apply for interest reduction and exemption, you must go through the examination and meet the legal requirements before you can apply. Industrial Bank Co., Ltd. was established in August 1988. It is one of the first joint-stock commercial banks approved by the People's Bank of the State Council and China.
This concludes the introduction of credit card exemption application and credit card exemption application process. I wonder if you found the information you need from it?