Although you can buy insurance by credit card, you still need to pay attention to two points when buying.

First, customers realize credit card cashing by surrendering after insurance, which is precisely a loophole in the business process of insurance companies. It is precisely because of the loopholes in the business process design of insurance companies that it is possible to cash out credit cards. From this perspective, insurance companies should standardize procedures and plug all kinds of loopholes. On the other hand, remind the insured that it is suggested that in the future, when paying the premium, the insured should pay the premium to the insurance company in person through formal channels, rather than through the hands of agents, so as to avoid unnecessary disputes.

Second, ABC's credit card can be overdrawn to buy insurance, and the monthly insurance premium is automatically deducted from the credit card. For example, the credit card limit is 1000 yuan, and it costs 5,000 yuan to buy insurance every month. This 5,000 yuan will be automatically deducted from the card. This is the automatic renewal function of the bank, which can avoid the termination of the guarantee caused by forgetting to renew the insurance in time, and also for the convenience of customers. There is basically no other charge for buying insurance by credit card. If you repay on time, you don't even have to pay interest, but if you delay repayment, you have to pay interest.

Bian Xiao tip: For individuals, an overdraft credit card to buy insurance is equivalent to a bank's interest-free loan, which is also a cost-free investment. In addition, like ordinary consumption, you can get points by buying insurance with a credit card, which can kill two birds with one stone.