How to use credit card for consumption

There are many ways to use credit card for consumption. One is to use POS machine to consume, the other is to bind Alipay consumption, and the third is to bind WeChat consumption.

The methods of using credit card for consumption are as follows:

1. Consumption via POS machine: As long as merchants that support credit card consumption can basically use credit card for consumption.

2. Bind Alipay for consumption: After binding Alipay, whether it is online or offline payment, as long as the payment method is set to credit card, you can use credit card for consumption.

3. Bind WeChat consumption: After binding WeChat, you only need to choose bank card payment when paying, and then select the credit card to pay, so that you can make consumption.

How to use a credit card after activation

After the credit card is activated, you can swipe it in a physical store for consumption, or you can bind the activated credit card through platforms such as WeChat or Alipay for online shopping and living expenses, etc.

CreditCard is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit.

The form of a credit card is a card with the name of the card-issuing bank, validity period, number, cardholder name, etc. printed on the front. Consumers holding credit cards can go to a special commercial service department for shopping or consumption, and then The bank makes settlements with merchants and cardholders, and cardholders can overdraw within the prescribed limit.

The functions of credit cards:

1. It facilitates people’s lives and saves them the trouble of carrying cash. There are no geographical restrictions on the use of credit cards. No matter when you swipe the card anywhere in the country, As long as there is a UnionPay logo, you can swipe it, and there is no handling fee;

2. You can participate in various preferential and discount activities cooperated by merchants and banks;

3. Earn money from swiping card purchases Points can be redeemed for gifts;

4. Timely repayment after swiping the card will improve personal bank credibility.

Uses of credit cards:

1. Shopping.

2. Microcredit.

3. Save money.

4. Save money when shopping.

5. Credit card value-added services, get cheap insurance and travel.

6. Credit certificate.

Credit card cash withdrawal methods are:

1. Cash withdrawal at the counter:

Card holders can bring their credit card to any bank counter and submit a cash withdrawal application to the staff. , and then enter the withdrawal password with its help to withdraw cash.

2. Bind the card to withdraw cash:

The cardholder can bind the credit card to a peer savings card in credit card online banking, and then transfer the credit limit to the savings card. Then use the debit card to spend, this behavior is also called cash withdrawal.

3. Withdraw cash from an ATM teller machine:

Insert your credit card into the ATM teller machine, enter the payment password of the credit card, select cash withdrawal, then enter the cash withdrawal amount, and finally confirm.

The methods of credit card repayment are:

1. Repayment through ATM machine. Cardholders can go to the bank's ATM machine, insert the card for deposit, and deposit the money into the credit card to repay the money.

2. Mobile banking repayment. All major banks have mobile banking software. Once installed on your mobile phone, you can repay credit cards.

3. Alipay repayment. Alipay has a credit card repayment function. Click "Credit Card Repayment" on the homepage to repay after binding the credit card.

4. WeChat repayment. There is a credit card repayment function on WeChat. Click "Me" - "Pay" to see the "Credit Card Repayment" function.

5. Repayment at bank counter. Cardholders can go to bank branches with their credit cards, ID cards and cash and handle credit card repayment over the counter.

How to use credit card?

Credit cards can be used as payment tools and can be consumed directly through the card-swiping POS machines or online payment platforms installed by merchants. Credit cards can also be used for overdraft consumption. After meeting the installment amount specified by the bank, you can apply for installments. There are bill installments and consumption installments.

In addition to consumption repayment, credit cards can also be used for installments. After meeting the installment amount specified by the bank, you can apply for installments, including bill installments, consumption installments, car installments, house purchase installments, etc.

In addition, there are points when you use a credit card, which can be used to redeem goods. There is also an annual fee for using a credit card. The specific charging standards are different for each bank.

Extended information:

Notes:

1. Repay the current bill amount on time.

2. Do not frequently spend with your card in integer multiples of 10 or 100.

3. Try to swipe your card within the business hours of the merchant. If you swipe your card frequently in the early morning, the risk control system will be triggered.

4. Diversify your consumption bills and do not frequently swipe your card in one place.

5. A certain handling fee will be charged for cash withdrawal, ranging from 1% to 3%. Although some credit cards waive handling fees, credit card cash withdrawals do not enjoy the interest-free period. From the date of withdrawal to the date of repayment, the bank will charge an interest of 0.05% per day (equivalent to an annualized interest rate of nearly 20%).