1. Advantages of a credit card:

1. You can overdraw your consumption without deposit and enjoy an interest-free period of 2-56 days.

2. When shopping, you can get a bonus gift by swiping your card.

3. special merchants who hold cards in banks can enjoy discounts.

4. Accumulate personal credit, and credit records can be added to the credit files.

5. You can withdraw money or spend money by credit card at ATM and POS machines with UnionPay logo.

6. Some credit cards will receive existing points.

7. Mail the statement free of charge every month.

8. The supplementary card has the function of * * * managing money together and mastering children's financial expenditure.

9. In the form of one card and two currencies, consumption abroad can repay in RMB.

the p>1-hour and 24-hour service hotline will take effect immediately if the loss is reported.

11. Cooperate with third-party platforms to provide preferential services for cardholders.

2. Disadvantages of credit cards:

1. Credit cards can easily lead to excessive consumption.

2. The annual interest rate of credit cards is high.

3. Credit card debt will bring mental stress.

4. If the credit is not good, the cost of borrowing money is higher, or even it is impossible to borrow money.

Extended information:

1. The card replacement methods after the credit card expires are as follows:

1. You can collect it in person at the bank. Take ICBC as an example:

When the credit card expires, the bank will automatically replace it for you one month before the card expires, and the annual fee will be automatically deducted from the card for international credit cards, debit cards and credit cards. You can check the new card through the 24-hour service hotline 95588, and the international card service hotline is 1-95588.

2. Banks send new cards directly

Credit cards are generally valid for 3 years, and the validity period is indicated on the front of the card. Before the credit card expires, the bank will send you a new card on its own initiative without going through any formalities.

2. Will the credit card be automatically cancelled if it is not changed after its expiration?

1. After its expiration, the credit card will automatically become invalid and can no longer be used, but the bank will not automatically cancel the card. Generally, the bank will contact the customer about two months before the card expires and ask if the customer needs the bank to send a new card. If the customer agrees to renew the card, the bank will mail the new card to the customer before the card expires, and the customer can activate the new card after the old card expires.

2. Unless the customer doesn't intend to use a new card, he can explain to the bank that he doesn't want the bank to send a new card and then apply for cancellation, and the bank will help to cancel the card.

3. If you want to cancel the card, you need to pay attention to the fact that the card must have no bill arrears and no overpayment before it can be cancelled successfully. Therefore, before canceling the card, it is best for customers to check their cards to see if there is any outstanding bill arrears or excess overpayment. If there is, you need to owe the bill first.