Revolving credit and flexible loan repayment: Revolving credit makes the cardholder's capital turnover more flexible. The issuing bank will give the cardholder a certain percentage of overdraft limit according to the cardholder's personal credit status. If the cardholder is in urgent need of funds, he can use the credit line of the card to spend first without providing any guarantee.
If the repayment is made within the interest-free period (usually up to 50 days), the bank will not charge interest. Cardholders can also choose to postpone repayment in order to invest cash in projects with higher returns. However, the return on investment and revolving credit interest should be carefully evaluated and compared.
Make good use of co-branded cards: Co-branded cards are jointly issued by issuing banks and profit-making organizations (such as airlines or department stores). Holding a co-branded card can not only enjoy the convenience of a credit card, but also get a certain percentage of discounts or kickbacks and other value-added services provided by for-profit organizations (such as department stores). For example, on the basis of "grafting" all the functions of the Longka credit card, CCB Auto Longka also highlights the daily value-added services required by seven categories of car owners, such as car refueling, maintenance, car beauty, car rescue, car insurance group purchase, car rental and car handling procedures.
Buy a fund, invest first and then pay: the fund is the easiest investment and financial management tool for ordinary people. Cardholders who purchase funds regularly with credit cards can enjoy the preferential treatment of investing first and then paying and bonus points. Buying a fund by swiping the card on the fund deduction date and paying it on the credit card settlement date can not only earn interest, but also earn a return without paying the cost if the net value of the fund rises. CITIC southern fund Co-branded Credit Card, the first co-branded fund card in the industry, was launched recently. Credit card holders take the line of Southern Cash Increase Fund as an important credit certificate, and CITIC Bank gives a certain overdraft line. And after the credit card is overdrawn, the repayment will be automatically redeemed with the corresponding share of the money fund owned by the user (after the 56-day interest-free period expires).
General Manager of Trivial Life: The payment functions of credit cards are also diversified. Telephone charges, car license tax, gasoline charges and some traffic violation tickets can all be paid by credit card. In addition, credit cards can also be used to make international calls. As long as the cardholder uses the password, the credit card becomes a calling card.
Temporary credit line mediation is urgent: credit cards also have temporary credit line adjustment services, such as going abroad for business trips, which have higher consumer demand than usual. Cardholders can call the bank at any time to apply for increasing the temporary credit line, and the bank will provide the temporary credit line after comprehensive evaluation according to the personal credit card usage record. Such as decoration, marriage, large-scale shopping and so on. If the quota is not enough, you can apply for a temporary quota. Of course, the premise is that you must be honest and have a normal repayment record.