The billing date means that the issuing bank regularly summarizes and settles all the transactions and expenses of your credit card account in the current period every month, calculates the interest, calculates the total amount owed and the minimum repayment amount in the current period, and sends you a statement. This date is the billing date of your credit card.
There are two kinds of credit cards: chip cards and magnetic stripe cards. When using the chip to swipe the card, you can directly paste the chip on the fast-moving sign of the POS machine to swipe the card (flash payment is a payment method introduced by UnionPay), which is safe and convenient; If the POS machine has no flash payment sign, insert one side of the chip into the card slot of the POS machine to complete the card reading. Although there is a magnetic stripe on the back of the chip card, you can't brush the magnetic stripe when swiping the card, otherwise you will be prompted to downgrade the transaction. Credit cards without chips can be read directly by swiping the magnetic stripe.
1. Personal behavior of the cardholder. Cardholders play the trick of "others spend their own cards", swipe other people's shopping accounts into their own cards to increase points, and shoppers return the cash to cardholders. This is really killing two birds with one stone for the cardholder. Because many banks launch value-added services while issuing credit cards, and carry out activities such as exchanging consumption points for gifts, which stimulates people's enthusiasm for using cards. Second, cardholders cooperate with merchants or some "loan companies" and "intermediary companies", and cardholders get cash by paying merchants' handling fees. POS machines of general merchants are used to make false transactions to transfer the amount on credit cards. Merchants or "loan companies" and "intermediary companies" pay cash on the spot (cash is paid to cardholders), and the handling fee paid by cardholders to merchants is lower than that of banks.
Second, the consumption mode of using credit card is basically the same as that of using debit card, but there are some minor differences. For credit card consumption, please follow the following methods:
1. When swiping your card, please don't keep your credit card away from your sight to avoid misuse or theft;
2. Don't sign blank or unfilled bills at will;
3. Before signing the contract, please be sure to confirm whether the card number and amount listed in the bill are correct, and pay attention to whether the consumption currency and amount in the words and figures are correct;
When using a credit card, you must sign to confirm the consumption. Generally, you don't need to show your ID card or enter your password. However, please cooperate in the following situations: due to the operating specifications, POS machines in some cities still need to enter passwords. Please enter 6 digits at will. In the case of large consumption or purchase of variable goods, it is recommended that you enter an accurate ATM private password.
5. If it is necessary to rewrite or cancel the signed bill due to an error, please ask the merchant to tear up all the original signed bills and keep the return voucher given by the merchant to avoid disputes in the future;
6. After signing the bill, please confirm that the credit card returned by the salesperson of the special merchant is indeed his own credit card;
7. After the transaction is completed, please keep the original signature of the cardholder for checking with the credit card statement sent by the bank.