How to redeem credit card points for cash

The text message informs that the credit card points can be redeemed for 5-25 cash, and you can redeem it by clicking on the link. This type of redemption text message is a known method. It is a text message sent by criminals using fake base stations to disguise themselves as bank service number ranges. It is obvious whether the link is safe or not and what its purpose is.

1. How to exchange credit card points for cash?

It’s actually very simple. His principle is to redeem cardholders’ points into gifts. The gifts are then recovered in cash according to a certain proportion of their value, and then the gifts are sold centrally. The cardholder gets the corresponding cash in his or her hands. This is how credit card points are redeemed for cash. There are many such platforms. Some platforms have already generated and uploaded the APP. You can download the APP directly from the mobile application market, and then contact customer service to perform one-on-one redemption operations. It usually takes 5-10 minutes to complete the exchange and get the cash you exchanged. If cardholders don’t have their favorite gifts to redeem on the card issuer’s APP, they can consider using this method to redeem their points into cash. After all, most bank points have an expiry date. Once it expires, it can never be returned. Not using or exchanging it is also a waste.

2. How do credit cards generate points?

There are many commercial banks across the country that sell credit cards. In order to encourage customers who use their cards to make transactions, each bank has formed a credit card points system. Credit cards have many ways to generate points. 80 points come from credit card consumption, that is, you will get points when you use a credit card. For example, at China Merchants Cooperative Bank, every 20 yuan worth of purchases at merchants with points counts as one point. For infrastructure and industrial and commercial bureau bank points, one point is calculated for every dollar spent on transactions. It will be difficult to accumulate points, the greater the value of the points. Points that are not used will expire and be cleared. Many people don’t know how to spend points, or they don’t find the products they want in the corresponding credit card points mall system, so these unused points need to be used. Wasted.

Credit card points are very important to individuals. Generally, people who collect credit card points are scammers, and they will also cause you financial losses. If you encounter such a thing, you must Be alert.

How to redeem Ping An Bank credit card points

1. Log in to Ping An Pocket Bank APP and enter the "Credit Card" page

2. Click on Credit Card - Points Rewards on the homepage Redeemable credit card points

There are four main ways to redeem Ping An Bank credit card points

1. Redeem on the bank’s official website

2. Redeem by phone: call Ping An Bank’s customer service hotline 95511, follow the voice prompts and press 9 to transfer to the manual service to apply for points redemption;

3. Redeem at business outlets: Bring your credit card and valid ID to redeem points directly at the business outlets of Ping An Bank.

4. Third-party platform redemption: The items redeemed by points can be transferred and cashed out on redemption.

Generally, it can be redeemed for card credit, airline miles, electronic products, food coupons, supermarket cards, etc.

Operating environment: (Ping An Bank of China version v5.4.6)

Ping An Bank, the full name of Ping An Bank Co., Ltd., is a cross-regional operation controlled by Ping An Insurance Co., Ltd. of China Joint-stock commercial bank is one of the 12 national joint-stock commercial banks in mainland China.

1. In terms of corporate business, Shenzhen Ping An Bank aims to provide high-quality and efficient services to small and medium-sized enterprises, and strives to build a small and medium-sized enterprise financial brand (SME) with professional teams, professional products, and professional services. We provide professional services and professional management, and carry out many innovations in the business field of small and medium-sized enterprises.

Through in-depth market research, we formulate flexible credit policies that meet market needs, continuously simplify business processes, and improve approval efficiency; we expand financial service channels for small and medium-sized enterprises by effectively integrating diversified service platforms such as business outlets, online banking, and telephone banking. , helping Chinese customers solve financing problems, improve the efficiency of fund use, and leverage the resource advantages of Ping An Group of China to provide a package of comprehensive financial services to create maximum value for customers.

2. In terms of basic platform, as a bank with the service tenet of "professionalism, value, and innovation", Shenzhen Ping An Bank innovatively developed the first large-scale, large-capacity AS/400 integrated system in Shenzhen. Business system, taking the lead in launching a comprehensive customer relationship and credit business management system, realizing electronic management of the entire credit business process. “18 Bank Online” has reached the advanced level of domestic online banking. Mobile phone dynamic password authentication, dynamic token identity authentication, and corporate banking risk control mechanisms are all the first in the industry. The "Shenzhen University Campus Card" innovatively launched with Shenzhen University combines financial functions and campus functions, creating many domestic firsts and greatly improving the level of campus management.

3. Ping An Bank debit card refers to the RMB debit card issued by Ping An Bank to the public with the approval of the People's Bank of China. It has the functions of enquiry, deposit, withdrawal, transfer settlement, universal deposit and withdrawal, and one-card functions. Functions such as multiple accounts, shopping and consumption, bill payment, self-service banking, telephone banking, online banking, revolving loans, VIP services, etc. Ping An Bank has four types of debit cards, namely regular card, gold card, platinum card and diamond card.

Can Agricultural Bank of China credit card points be transferred?

The automatic transfer time for account cancellation points is after the account cancellation is successfully settled.

If the canceled account complies with the points redemption rules and has not been settled, the points in the account will be counted as customer-level points. You can use your account that meets the point redemption rules to redeem or spend.

(Answer time: November 5, 2020. In case of business changes, please refer to the actual situation.)

How to transfer CCB credit card points to other people

Not transferable.

Credit card points can only be used by the person and cannot be transferred to others. Points are valid all year round within the validity period of the card, except for certain special card types. Points from standard credit cards under your name can be transferred to each other, but points from some cards with special rights cannot be transferred to each other. For example, points from Barbie cards, football cards, etc. can be transferred out, but transfer in is not accepted; for example, points from airline co-branded cards cannot be transferred out and transfer in. For card types that can transfer points, transfers can only be made between credit cards in your name.

Can China Merchants Bank’s credit card points be transferred?

China Merchants Bank’s credit cards are calculated based on ID cards. There is a limit under one ID card. If you cancel one card, the other card will still exist. If so, the points will not be reduced, and the points of China Merchants Bank are permanently valid;

1. Credit card points cannot be transferred to others.

2. When your credit card expires, you replace it, report the loss and replace it, or cancel a single card. If you still have a corresponding card with the same points pool under your name, you can use it normally. The points on the card after you cancel will be automatically transferred to your name. Cards in the same point pool that are in normal circulation.

3. Cancel the credit card for the entire household. After the cancellation operation is completed, the corresponding CMB points will become invalid.

That’s it for the introduction of how to transfer credit card points.