Excuse me, is Guangfa Bank’s credit card good?

The Guangzhou Bank credit card is a trap.

Guangzhou Bank credit cards are also divided into gold cards and platinum cards. Platinum cards are further divided into elite cards, airline cards, etc. Different card types have different functions.

Disadvantages:

1. The application requirements are very strict

All you need is a work permit and ID card. But only those with household registration in Guangzhou, Jiangmen, Foshan, Shenzhen, Nanjing, Huizhou, Zhongshan, or those with a bachelor's degree or above, or those who have purchased provident funds, or institutions (schools, hospitals, institutions) can apply.

2. Generally speaking, the probability of passing the review is relatively low. If you don’t have a unit, it’s best to have real estate, cars or other fixed assets under your name. Or if you have a stable source of income, you can also go to the bank where the transaction occurs to obtain a bank statement and apply to the bank. If your income source is relatively stable, your application success rate is still very high.

Moreover, GF’s new pitfall: tiered management of overdue liquidated damages. New regulations were released in March, and China Guangfa Bank implemented tiered management of overdue penalty fees for credit cards. The so-called cascade management means raising prices secretly. If a cardholder fails to repay the minimum payment amount of each bill on time for more than 2 consecutive months (inclusive), the penalty rate for the unpaid portion will be increased from the original 5% to 6%. In addition, depending on the credit score of cardholders (i.e., the "reliable value" of Guangfa Bank's credit cards), the minimum charge limit for liquidated damages is also different: if the score exceeds 750 points, the minimum charge is 10 yuan, and if the score exceeds 620 points to 750 points, the minimum charge is 20 yuan. Scores below 620 will be charged a minimum of 30 yuan.

In addition, Guangfa Credit Card only has a one-day grace period. Yes, it’s only one day, once a year. You can’t miss it and you have to call to apply. Different from the three-day grace period of most banks, GF is willing to use hard lessons to help customers develop the habit of repaying on time. In addition, GF's tolerance is only 9.99. Some cardholders said that they once paid 10 yuan less, but the customer service said no, the tolerance is not higher than 10 yuan, so they can pay 9.99 yuan less, but not 10 yuan less.

: The reasons for failing to pass the credit card application review include: the applicant’s insufficient repayment ability. The applicant’s insufficient repayment ability will involve two aspects. One is the applicant’s income. If the applicant’s income exceeds If it is too low and exceeds the bottom line of the credit card issuance limit, the bank will reject it. The other aspect is whether the applicant's job is stable. Many applicants have a high income, but due to unstable sources of income, such as self-employed people, the bank will worry about the applicant's future repayment ability and may reject the application.

Is Guangfa Bank credit card good?

Very good. Guangfa Bank credit cards are divided into three levels: regular card, gold card, and platinum card. Depending on the card applied for by the applicant, the amount available is also different. Generally, the limit of regular cards is between 1,000 and 10,000 yuan, the limit of gold cards is between 10,000 and 50,000 yuan, and the limit of platinum cards is more than 50,000 yuan. Guangfa Bank credit cards can enjoy the longest interest-free period of 56 days. Cardholders can earn double points for purchases in the month of their birthday, and can also enjoy a 12% discount when redeeming gifts.

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1. Is Guangfa Bank a state-owned enterprise or a private enterprise?

Guangfa Bank is a joint-stock bank, neither a state-owned enterprise nor a private enterprise. Its shareholders include CITIGROUPINC. and IBMCREDIT LLC. , CITIC Trust Investment Co., Ltd., State Grid Corporation of China, Shenzhen Tongqian Investment Co., Ltd., etc. were established on July 8, 1988. The registered address is No. 713 Dongfeng East Road, Yuexiu District, Guangzhou City. It was formerly known as Guangdong Development Bank Co., Ltd.

2. What is the annual fee for Guangfa Bank Card?

The annual fee for Guangfa Bank Card depends on the type and level of the card. Among them, the Guangfa Bank Savings Card does not charge an annual fee. If the average daily balance of the account is less than 500 yuan, a small account management fee will be charged. Guangfa Bank credit cards have annual fees, of which the annual fee for the regular card is 40 yuan for the main card and the supplementary card is 30 yuan; the annual fee for the gold card is 80 yuan for the main card and 48 yuan for the supplementary card. In addition, the annual fee for the first year is waived when opening a gold card or regular card, and the annual fee for the next year is waived if the card is swiped 6 times per year.

3. How to unfreeze the frozen Guangfa Bank card

① If you enter the wrong withdrawal password three times in a row, I will bring my bank card and ID card to the business hall of Guangfa Bank for unfreezing. Can.

② If the bank system fails, bring your ID card and bank card to the business hall to unfreeze or call customer service.

③ Caused by third-party reasons, legal case handling needs, some special circumstances require freezing of bank cards, etc., and need to wait for the end of the case to be unfrozen.

④ If you haven’t used your bank card for a long time, the counter business has been frozen, and you need to go to the counter with a valid ID card and bank card.

4. Guangfa Bank’s business hours

The specific business hours of Guangfa Bank are:

①Monday to Friday: 9:00 am to 18:00 pm , can handle personal and corporate business;

② Weekends and holidays: 09:00 am to 16:00 pm, personal business can be handled, but corporate business cannot be handled.

5. How many days is the grace period for credit card repayment of Guangfa Bank?

The grace period for repayment of Guangfa Bank credit card is up to 3 days. That is to say, as long as the credit card bank of Guangfa Bank expires, Any repayment within three days of the repayment date will be considered as on-time repayment and will not be treated as overdue. It will not be included in the central bank's credit reporting system and will not cause a bad credit record.

Is Guangfa Bank’s credit card reliable?

Overall, Guangfa Bank’s credit card is very reliable. We mainly look at the bank’s strength, credit card limit, privileges, repayment grace period, etc. From the perspective of analysis, it can be seen that it is very reliable.

1. Bank strength: China Guangfa Bank is a well-known joint-stock commercial bank in my country. It was established with the approval of the State Council and the People's Bank of China. It has launched many credit card products for different customers.

2. Credit card limit: Under normal circumstances, the limit of GF regular card is less than 10,000 yuan, the limit of GF gold card is between 10,000 and 50,000 yuan, and the limit of GF platinum card is usually 50,000 yuan. above. Overall, the quota is acceptable, but since our credit conditions are different, the specific quota is subject to actual conditions.

3. Privileges and privileges: Guangfa Bank has many credit card discounts, such as getting free gifts for repayment, universal check-in to get free gifts, activation of Sky e-City 100-yuan shopping mall coupons, and weekly swiping to share 3.6 billion points. wait. In addition, the annual fee is generally waived for the first year, and the annual fee is waived for swiping the card in the following year.

4. Repayment grace period: This is the biggest drawback of Guangfa Bank’s credit card. The general repayment grace period for other credit cards is 3 days, but Guangfa Bank only has one day, and it only happens once a year. . If you forget to repay due to some circumstances, you must call to apply. If you miss, you will incur penalty interest, and the issuing bank's tolerance is not 10 yuan, but 9.99, and it cannot be higher than 10 yuan.

As can be seen from the above analysis and reaction, China Guangfa Bank is very reliable.

5. As the ancestor of the “real credit card” in China, GF Credit Card has a wide range of categories, with nearly a hundred types of credit cards at your disposal. GF's mid- to low-end cards are flourishing, but the high-end cards have not made any splash. I feel that they have been misled by Citi and are useless. Since 20016, when my father, China Life, was replaced, GF has obviously accelerated the research and development of new card types. promotion.

6. Characteristics of GF.

(1) Easy to remove the card. Lao Wang next door likes to be kind and tempting. He will give you sweets first and then give you sex. It is easy to get the card from Guangfa, after all, he likes colorful flags to flutter.

(2) It is easy to raise the quota. The first withdrawal for new accounts is half a year, and thereafter, the withdrawal for extremely high-quality customers is once every three months, and the withdrawal for high-quality customers is once every six months, and the amount of increase is larger. After the goose belly exceeds 100,000, the amount of increase each time will be reduced to 15% - 20%, regular cards can also exceed 200,000. Sometimes the limit increase requires manual review, and you may check to see if there are any problems with your credit report, but it will basically pass.

(3) Temporarily toxic. The withdrawal is fixed on February 1st and is expected to be withdrawn on May 1st. Therefore, the temporary goose belly of the card must expire before May 1st.

(4) The amount is adequate. There are high and low card withdrawal limits. You will not be beaten to death just because you have no financial dealings with GF. Your credit report will be used to match the limit.

(5) Risk control is adequate. GF's risk control has always been relatively loose and it is easy to increase the quota, making it very popular. Some time ago, GF introduced third-party data to conduct risk screening, and some money parties and wool parties were shot on the spot. This is understandable. Generally speaking, GF is currently relatively friendly.

Is Guangfa Bank’s credit card easy to use?

Guangfa Bank Credit Card is a relatively mainstream credit card, but when applying for a card, you must choose the corresponding card according to your own needs. For example, the standard card can be used by the general public, and China Southern Airlines Sky Pearl and True Love Credit Cards are enjoyed by some women in purchasing consumer goods. There are certain discounts, and the car owner’s credit card is aimed at car owners, so you can enjoy discounts on fuel and maintenance.

First, Guangfa Bank’s card issuance speed is definitely industry-leading. As a joint-stock bank, Guangfa Bank’s application is also very easy to pass. Second, there are many types of Guangfa credit cards. You can choose the most practical credit card according to your own situation. Third, Guangfa Bank has a lot of discounts and benefits, and different credit cards have different discounts and benefits, which will deliver the discounts to your heart. Generally speaking, Guangfa Credit Card is relatively easy to use. It is the earliest credit card issued in China and has many discounts.

Most credit cards must be used to purchase tickets, but for Guangfa, you only need to hold it. The maximum compensation for platinum cards is 2,000 (theoretically). To give you an idea, use a CITIC credit card (or other platinum cards that come with delay insurance) to buy tickets. After the delay, CITIC will first compensate you for the ticket price, and GF will compensate you up to 2,000. It's equivalent to flying for free, and then giving you up to 2,000 yuan (of course, you can also add airline delay insurance subsidies, and third-party delay insurance is very accurate). Points redeemed for miles: GF is the best airline co-branded card, bar none. In particular, the more powerful GF China Southern White and China Eastern Titanium Cards are two pure cards with positive returns. The GF China Southern White has an annual income of 30,000. In addition to these, GF points can also be redeemed for Asia Miles (Ya Ten Thousand Miles redemption, through the GF True Love Platinum Card, with a maximum ratio of 2.5 to one).

Compared with other banks, Guangfa Bank's limit increase is relatively simple. As long as you get the card and make simple daily purchases, especially those with points, you can increase the limit. The number of transactions is 20- 30 strokes is the best, pay attention to quality, not just the number of strokes. Therefore, for China Guangfa Bank, regular use of cards is very important.

Is the Guangfa Bank credit card really easy to use?

I personally think that if you can avoid getting a credit card, it’s best not to use it. In fact, many friends may not know Guangfa Bank because it did not initially define the domestic market. However, Guangfa Bank is the first bank in China to handle mortgage loans and the first bank to implement national deposits and withdrawals. It was the first bank to issue more than tens of millions of credit cards, and it was also the first bank to make tens of millions of profits. However, its reputation is not very good in China. It is up to the friends to identify the reasons.

The overall development model of Guangfa Bank is quite good in China. The friends who know Guangfa Bank should basically be old customers or have received loans before. Overall, the customer evaluation is very good. Yes, but unfortunately, fate played a big joke on Guangfa Bank. Around 2006, the business of Citibank and China Life officially entered Guangfa Bank, and Citibank took over the daily management of Guangfa Bank. Triggered the conflict between state-owned assets and foreign investment.

The reason why many friends choose Guangfa Bank’s credit card is actually because it can flexibly pay bills in installments. It is because of this advantage that many people choose it. As we all know, the possibility of repaying the loan in one go is actually It is not high. If we can flexibly instal it, it can greatly reduce the burden of life on our family or individuals. At the same time, it can also improve the overall quality of life of individuals or families. However, I personally suggest that it is best not to apply for a credit card.

Of course, the advantages of Guangfa Bank’s credit cards are not just what I personally say. After all, this is only what I personally know. Maybe Guangfa Bank’s credit cards have other advantages. This issue needs to be solved by customers. I slowly dug out on my own. In recent years, many friends who play with credit cards have done very well. Friends who were exposed to credit cards in the early days have now achieved financial freedom.

The above questions are my personal thoughts. If you have other ideas, you can comment or discuss them below.

Is Guangfa Bank’s credit card good?

First of all, Guangfa Bank, as the earliest credit card bank in China, has done well in terms of special merchants, discounts, and frequency of activities, and has been recognized by users.

Of course, in addition to these advantages, GF's credit card is also worthy of our praise for the following points:

(1) The billing date of GF's credit card is very user-friendly. The billing date of GF's credit card is the cardholder's birthday, which is easy to remember.

(2) Guangfa credit card customers can earn double points for spending with their cards in their birthday month, and customers will enjoy a 12% discount when redeeming gifts in their birthday month. This setting is also very user-friendly and is worth learning from other banks.

(3) GF’s credit card can be fully withdrawn after half a year;

(4) GF’s credit card has a long interest-free period of 56 days;

(5) The installment starting point of "Bianxiangxing" is low (only 500);

(6) There is 48-hour card loss protection; Alipay is supported.

The above six points are the most praiseworthy aspects of Guangfa’s credit cards. The following are the shortcomings of Guangfa’s credit cards:

(1) The zero-letter interest rate of Guangfa’s credit cards is relatively high, compared with other banks In comparison, it is the highest.

(2) For Guangfa’s credit cards, you can only change the cash advance password, but not the consumption password. It is easy for the card to be lost and fraudulently used.

(3) Disadvantages: There is no 800400 number, and 95508 is set up by branches in various places; there are few outlets.

Summary: Guangfa Credit Card is suitable for users who like full cash withdrawals and low starting installments.

That’s it for the introduction of whether China Guangfa Bank’s credit card is reliable.