1 Minsheng Bank's "Financial Management Platinum Card"
It is euphemistically called a credit card, but it is actually a "consumer loan card" prepared for businessmen to move funds around. Of course, it is also very good to use as an emergency reserve fund, after all, its limit can reach 500,000 yuan!
The annual fee of 1,500 yuan can be offset if the total bill amount in the year exceeds 1 million yuan.
Just: there is no interest-free period, you can borrow and repay at any time, and the daily interest rate is 0.5%, which is equivalent to the annualized interest rate of 18.25. Is this cost high? I can only answer based on my own situation. Great for emergency turnaround!
Cashing out methods: online banking, mobile banking, telephone bank transfer, very fast and convenient, with a single-day limit of 50,000 yuan. What should I do if it exceeds 50,000? Just go to the counter.
2 China Guangfa Bank “Businessman Card”
Six highlights:
Exclusive: dedicated to serving small and micro customers
Convenience: Borrow and repay at any time, multiple products integrated into one card
Savings: Interest is calculated on a daily basis, preferential loans save loan interest, POS card swiping, rent is free
Fast: You can use online banking, Self-service withdrawals and repayments through electronic channels such as mobile phones
Security: chip and magnetic stripe dual media are more secure
Comprehensive services: loans, financial management, value-added services
“ The three major services of "Businessman Card":
Financing services:
Revolving loan: borrow and repay on demand, with interest calculated on a daily basis
Joint guarantee loan: mutual guarantee , no fixed asset mortgage is required. Note that joint guarantee may not be advisable, and it will be decided based on your own circumstances.
Credit loan: unsecured, unsecured. Fast lending
POS loan: loan amount is given based on POS settlement flow
Mortgage loan: low interest rate, large amount, suitable for customers with real estate
3 Baoshang Bank "Business Winner" Card
The installment card launched by Baoshang Bank can also be used for consumption but will automatically enter installments if it exceeds a certain limit.
What is the cost of use? The rate for each period of 12 periods reached 0.83, and the actual annualized interest rate was 24ni/(n 1)=24*12*0.83/13=18.3876. Is it shockingly high? Decide according to your needs.
There are many similar services launched by other banks. It is a very profitable business, and every bank is working very hard to promote it. For those who need money, this cost is not low, but it is still a good choice when necessary.
How to have choices? Apply in advance and pay the annual fee.