First, credit cards are mainly used for repayment after consumption, and the bank's funds are used for consumption in advance to enjoy the interest-free period. This is a financial management method.
Second, the credit card is not a savings card, and the deposit will not be settled in the credit card.
Third, credit cards can be used as payment tools, and can be directly consumed through POS machines installed by merchants or online payment platforms.
4. The bank will also provide you with various forms of integral, discount, installment, lottery, promotion and other activities.
Credit card is the main international payment tool. You can shop conveniently on overseas and international websites. If you travel and stay in a hotel, only a credit card can complete the pre-authorization of the hotel for you.
On June 3, 2002, China Merchants Bank officially issued the first international standard dual-currency credit card in China, which opened a new era of credit card consumption for Chinese people. After more than ten years' struggle and growth, China Merchants Bank Credit Card has formed three visions of "being the best payment experience provider in China, the best consumer finance expert in China and the leading diversified marketing platform in China" and won many honors.
Adhering to China Merchants Bank's business philosophy of "changing with you", China Merchants Bank's credit card has continuously refreshed the cardholder experience with product innovation and service upgrade, and has become a leading brand in the credit card industry.
In recent years, China Merchants Bank's credit cards actively seek digital transformation, forge ahead, take the lead in building financial internet, and create a scientific and technological legend in the domestic credit card industry.
From 2002 to 2020, the development of China Merchants Bank's credit card can be summarized into three stages, namely "starting a business", "pioneering" and "strategic transformation".
On June 3rd, 2002, 65438+February 3rd, 2002, China Merchants Bank launched the first "one card and two currencies" credit card in China that met international standards.
In June 2004, China Merchants Bank took the lead in breaking through the million mark among its peers.
In the face of increasingly fierce market competition, China Merchants Bank has accelerated the expansion of credit card scale and constantly refreshed the domestic dual-currency card issuance record. In April 2006, China Merchants Bank took the lead in entering the echelon of 5 million credit cards.
In February of the same year, the number of cards issued reached10,000, which marked a new chapter in the development of China's credit card market. The leap-forward development of China Merchants Bank's credit card has attracted the attention of domestic and foreign industries, and it has been compiled into the MBA case base of Harvard Business School in the United States.