Compared with China Merchants Bank’s credit card and Bank of Communications’ credit card, which one is better?

The basic functions of China Merchants Bank’s credit cards are the same, including card consumption, domestic and overseas online payments, cash advances, installment payments, card points, accumulated credit, and an interest-free period of up to 50 days. Different credit cards will launch different offers and promotions from time to time. Due to different personal preferences, it is recommended that you choose according to your own preferences. If you need to know the details of the credit cards currently launched by China Merchants Bank, please log in to the credit card website and click " "Apply for a Card" - "Credit Card Family Portrait", select the card you are interested in to inquire.

Which one is better, China Merchants Bank Credit Card or Bank of Communications Credit Card? What are the characteristics of each?

It is better than China Merchants Bank

China Merchants Bank is currently recognized as a commercial bank that ranks among the best in terms of technology content and service quality in China. The "all-in-one card" it developed is a bank card with patent protection. The product is also the bank card that currently covers the most types of services in China. Almost all the services that bank cards can handle at present can be handled with the "one card".

Although Bank of Communications has made great progress in recent years, in terms of bank cards (including credit cards), it is much inferior to China Merchants Bank, ICBC and Bank of China.

In China, the most convenient card is the Peony Card of the Industrial and Commercial Bank of China. It has the largest number of cards issued, with more than 100 million cards. ICBC’s branches, special merchants and ATMs that can use the Peony Card are also the No. 1 in the country. one. The Great Wall Card of Bank of China has international functions such as foreign exchange. People who often go abroad usually choose the Great Wall Card. The Agricultural Bank of China’s Golden Harvest Card is the most convenient to use in rural areas, and towns and villages below the county level are basically dominated by Golden Harvest Cards. China Construction Bank’s Dragon Card is very popular in the infrastructure industry, and now many college students also like to use Dragon Card.

However, China Merchants Bank’s “all-in-one card” targets white-collar workers and above. Although the number of card users is far lower than that of the above-mentioned state-owned commercial banks, its total deposits and average card deposits are far ahead of The above bank cards.

As long as ordinary urban people have an ICBC card or a CMB card, they can solve most of the financial business problems they encounter in life.

Which bank’s credit card is better?

The better credit cards include China Merchants Bank Credit Card, Bank of Communications Credit Card, Industrial and Commercial Bank of China Credit Card, China Construction Bank Credit Card, and Bank of China Credit Card.

1. "China Merchants Bank Credit Card": suitable for friends who value service more than points. This credit card not only has many types of cards and beautiful designs, but also has a low application threshold, points are permanently valid, and repayment is convenient. However, this credit card earns one point for 20 yuan, not counting zero. The points policy is very inhumane, and the interest-free period is 18 days. The shortest of all card issuers. You can call customer service hotline: 800-820-5555, 95555 for detailed inquiries.

2. "Bank of Communications Credit Card": suitable for friends who often buy home appliances ("Suning Card" can enjoy double Suning points). The credit card application threshold is low, the limit is increased quickly, and it has a 56-day long interest-free period. You can withdraw cash 100% using the YP card. However, the installment operation of this credit card is cumbersome, the points are not permanently valid, and the total consumption of all cards will not be automatically calculated. Separate repayments are required. You can call customer service hotline: 800-988-8888, 95559 for detailed inquiries.

3. "ICBC Credit Card": 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. This credit card is currently the bank with the most branches in China. It has unlimited limits and no handling fees for local cash withdrawals. International cards of different brands have independent limits. However, not only is the application threshold high, but the service attitude of the branch is extremely poor, and there is no 800 number. The 400 pages are not open to individual users. You can call customer service hotline: 95588 for detailed inquiries.

4. "China Construction Bank Credit Card": suitable for friends who do not have a local joint-stock commercial bank.

Compared with the other three state-owned banks, this credit card has a lower application threshold and supports minimum repayment for overdraft cash withdrawals. However, the credit card limit is generally low and the limit increase is slow. The total consumption of the card is not automatically calculated and needs to be repaid separately. You can call customer service hotline: 800-820-0588 for detailed inquiries.

5. "Bank of China Credit Card": applicable to Olympic card collection. This credit card is the earliest credit card issuer in China. Points can be calculated for overdraft cash withdrawals. However, you have to go to a business outlet to cancel your account. Alipay is not supported. 800 is only for Great Wall International cards. Minimum repayment is not supported for overdraft cash withdrawals. You can call customer service hotline: 400-669-5566, 800-820-5288 (international card), 95566 for detailed inquiries.

Notes on selection:

1. Choose the right card issuer

The first step in choosing a credit card is to choose the right credit card issuer. Some credit card issuers There are many promotions, and it is easy to apply for and issue credit cards. Some credit card issuers do the exact opposite.

2. It is more convenient to apply for a card cancellation

It is best to apply for a credit card issuing bank that has a credit card branch in the city where your usual residence address is, so that applying for a credit card and handling a credit card are easier. convenient. Otherwise, it is easy to apply for a credit card, but it is more troublesome to cancel the credit card.

Which credit card is better, China Merchants Bank or Bank of Communications?

1. Interest-free period

The interest-free period of China Merchants Bank credit card is generally 18 days, and the interest-free period of Bank of Communications credit card is 25 days.

2. One account for multiple card repayments

If you use multiple Bank of Communications credit cards for consumption, the credit cards must be repaid separately, because one credit card belongs to one account. As for the China Merchants Bank credit card, no matter how many credit cards you have in your name, you can only use one account. If you have purchases on multiple cards, you only need to pay off one card, and there is no need to repay separately.

3. The limit is unlimited

The quotas of the two banks are all exclusive, and the limit will not be increased by applying for more credit cards.

4. Application for limit increase

It only takes 3 months to apply for a limit increase on a China Merchants Bank credit card, and you can apply via text message or online, which is very convenient. However, you can only apply for a limit increase every six months with a Bank of Communications credit card, and it also requires manual review, which is quite troublesome.

5. Appearance design

China Merchants Credit Card has many card patterns, while Bank of Communications has relatively few.

6. Points

The points of China Merchants Bank’s credit card are permanently valid, while Bank of Communications has a certain time limit.

7. Promotional activities

China Merchants Bank has many preferential activities and preferential cooperative merchants, but Bank of Communications is average.

8. Credit limit

Bank of Communications is easier to apply for than China Merchants Bank, and the credit limit of Bank of Communications is larger.

Which one is better, China Merchants Bank Credit Card or Bank of Communications Credit Card?

Which one is better, China Merchants Bank Credit Card or Bank of Communications Credit Card?

1.

Bank of Communications has a longer interest-free period

China Merchants Bank is generally 18 days, and Bank of Communications is 25 days.

2.

China Merchants Bank supports multi-card repayment from one account

If Bank of Communications has 2 or more credit cards, and both have consumption, they must repay them separately. Because a credit card is an account. For China Merchants Credit Card, no matter how many credit cards you have in your name, they all use one account. If you have purchases on multiple cards, you only need to pay them off on one card, without having to pay them separately.

3. Credit card limit

Both banks enjoy the limit

The limits of the two banks are shared, and they will not say that you have more. The more credit cards you apply for, the higher your limit will be.

4.

China Merchants Bank can apply for a limit increase every 3 months

China Merchants Credit Card can apply for a limit increase every 3 months, and you can apply via text message or online That’s it, it’s very convenient. However, Bank of Communications credit cards can only apply for a limit increase every six months, and they also need to be reviewed manually, which is quite troublesome.

5.

China Merchants Bank’s cards have various designs.

China Merchants’ credit cards have many card designs, but Bank of Communications’s cards have fewer designs.

6.

The points of China Merchants Bank are permanently valid.

The points of China Merchants Bank are permanently valid, and Bank of Communications has a certain time limit.

7.

China Merchants Bank has many preferential activities and discounts.

China Merchants Bank has many preferential activities and cooperative merchants, but Bank of Communications is average.

8.

Bank of Communications has a large credit card limit

As far as the current policy is concerned, Bank of Communications is easier to apply for than China Merchants Bank, and the credit limit of Bank of Communications is relatively larger.

That’s it for the introduction of which credit card is better for investment and transportation.