Is it useful to apply for a credit card?

whether it is useful depends on whether you need to use the card function. The basic functions of credit cards are the same, such as credit card consumption, online payment at home and abroad, installment payment, various types, credit card points, accumulated credit, interest-free period of up to 5 days, etc. Different offers and promotions will be launched irregularly for different credit cards.

Is it necessary to get a credit card?

It is necessary to get a credit card.

The direct benefits of using a credit card are:

1. Easy to use: the credit card is very convenient to use, and you can use the card to pay quickly with WeChat Alipay, which avoids the trouble of paying cash for consumption, and you don't have to worry about the danger of carrying too much cash with you.

2. Exclusive discount: Cardholders can hold credit cards and generally receive additional services, such as giving away insurance, exclusive airport access, etc. You can also participate in various preferential activities, such as ordering food at half price, watching movies for free, washing cars for free and so on.

3. Redemption of points: Credit cards can be swiped at cooperative merchants for consumption, so that consumption points can be accumulated. When the points meet the gift conditions, they are directly exchanged for goods. Even some banks can use the points to recharge their calling cards.

What are the advantages of a credit card?

Advantages of a credit card: it can relieve the economic pressure; Online consumption is convenient and fast; You can accumulate personal credit records. Using a credit card and repaying the loan on time can increase the credit limit.

this will save money. Many banks' credit cards cooperate with merchants. For example, there will be cash back discounts for swiping cards, and there will be discounts for eating, watching movies, shopping in supermarkets, refueling and car washing. In addition, credit card points can be exchanged for some gifts in daily life and even some lucky draws, and the points can be used as money.

suspend economic pressure. Sometimes money is urgently needed, and paying a large amount of consumption at one time will have certain economic pressure. If you have a credit card, you can use it to pay in installments and enjoy your favorite items in advance. The money left in hand can also be used for daily expenses and turnover.

online consumption is convenient and fast. Many online shopping malls or Taobao shops have opened credit card payment methods, catering to consumers' psychology of spending with credit cards. Although credit card online consumption has no points, its convenient and fast payment method is liked by many people.

accumulate personal credit records. Even if there is no big turnover demand, it usually costs money. If you use more credit cards and pay back on time, you can improve your credit limit and credit rating. You will have a good credit record in the personal credit database of the People's Bank of China, and it will be much easier to approve loans to buy a house and a car in the future.

is the credit card useful?

the credit card is useful.

main uses of credit cards:

1. direct consumption function. This is the most basic function of a credit card. Cardholders can use cards instead of cash in special merchants marked with the Great Wall Credit Card of China Bank, including shops, hotels, restaurants, airports, hospitals and other places.

2. Savings deposit function. The bank will calculate the deposit and reserve fund of the credit card account at the prescribed interest rate and treat it as a savings deposit.

3. Transfer and settlement function. With the card, the cardholder can transfer payment from his own account in the business structure of China Bank.

4. ATM cash withdrawal function. Cardholders can withdraw cash at China Bank outlets and ATMs in the province.

5. overdraft function. The cardholder can overdraw the cash withdrawal and payment within the limit allowed by the issuing bank, and collect overdraft interest at the same time.

credit card consumption is a non-cash transaction payment method, and it is not necessary to pay cash when spending, and the repayment will be made on the BillingDate.

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards with a certain credit limit within which the cardholder can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the specified credit limit. The credit card generally refers to a credit card.

from January 1, 221, the credit card overdraft interest rate will be determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limits of the credit card overdraft interest rate will be cancelled (the original upper limit is .7 times of the daily interest rate of .5 ‰, and the lower limit is .7 times of the daily interest rate)

Consequences of overdue credit cards

1. Liquidated damages will be incurred, generally 5% of the unpaid amount.

2, high interest, and it is a rolling interest, and interest is very scary when there are many debts.

3. The overdue period will stain the credit record, which will lead to the inability to handle financial needs such as house purchase and loan in the next two years.

4. If it is overdue for more than 3 months and the amount exceeds 1,, the bank has failed to make several reminders, and it will not only pay back the money, but also bear criminal responsibility.

if you don't intend to continue using the credit card, you must cancel the account. If you don't cancel the account, the bank will charge the annual fee of the credit card.

you can apply for account cancellation at any time if the card is not overdrawn.

if the card has not expired, you need to apply first, and then go to the bank to cancel the account after a certain period of time; If the card has passed the validity period and the account balance is zero, you can go directly to the designated bank outlet to cancel the account. When closing the account, you should bring the original valid identity certificate and card. If it is not convenient for me to go through the formalities of closing the account, someone else can do it for you. The agent must hold the power of attorney written by the principal (himself) and bring the original valid identity certificate to handle the account cancellation business.

if your card has not expired when you cancel your account, some banks stipulate that you need to go to the designated outlets to receive the card, and then go through the formal account cancellation procedures after a certain period of time (up to 3 days).

This is mainly because if the cardholder has done a manual card pressing transaction before closing the account, the cardholder has already closed the account before the merchant has submitted the card pressing form to the bank for entry, so the bank will liquidate. On the other hand, if the cardholder is in consumption abroad or withdraws cash, it may be several days before liquidation. If the account is cancelled immediately, it will also affect the normal liquidation of the bank.

that's enough for the introduction of the usefulness of handling credit cards.