Question 1: What does credit card mean? A credit card is a bank that gives you a short-term loan limit and issues you a voucher. This is a credit card, which means that as long as it is within the bank's limit, you can use this card to spend money first and then pay it back. But the period is short. Understood? Common enough?

Question 2: What does a co-branded credit card mean? A co-branded credit card refers to an agreement between a credit card and a product dealer so that cardholders can not only enjoy excellent financial services when making purchases, but also enjoy special preferential treatment from the manufacturer.

Co-Branded-Card is a bank card accessory product jointly issued by commercial banks and for-profit institutions. At present, the most common one is a co-branded debit card, which is a bank card with a co-branded nature developed on the basis of a debit card.

Co-branded credit card was approved in France on October 1, 2007. It is a bank card with the logo of a company or store or association, such as Visa and Mastercard. and American Express. Many companies have launched this kind of credit card, such as Fiat, Orange, Nouvelles Frontières, Air France, etc.

The mode of operation of a co-branded credit card is that the card-issuing bank jointly issues a card with profit-making institutions such as airlines, telecommunications companies, shopping malls, etc. Consumers who hold the card can enjoy the benefits provided by the merchant when spending money at these institutions. a certain percentage of discounts. Now many banks have developed co-branded credit cards with larger shopping malls in the city.

The card fee for a co-branded credit card is generally 19 to 45 euros. The institution that issues the card and its partner merchants offer bonus points, price reductions, and other benefits to credit card holders. This is a "real" credit card in that it can withdraw cash and pay for goods, and is accepted by all banking networks and merchants. But please note that this is a loan consumption card. Even if you only use it to withdraw 15 euros or pay 45 euros for gasoline, it is equivalent to using a recovery loan and you have to repay the interest. Therefore, be careful when using this kind of co-branded credit card. It is necessary to apply for it only if you are really a loyal customer of the merchant.

Question 3: What does credit card balance mean? The second-level answer is completely wrong. If you don’t understand, don’t talk nonsense. I have been using CCB credit card for 5 years.

The balance of 1433 means that you have spent 1433 yuan on purchases or cash withdrawals. It is the money that needs to be paid back to the bank. The available limit is your credit limit minus 1433 yuan, which is 5566 yuan. You can also use your card to spend 5566 yuan. yuan, 3069 yuan, that is, you can also withdraw 3069 yuan in cash.

Question 4: What does opening a credit card mean? Activating a card is also called activation, which means that you can use your card to make purchases. If you do not open a card, it means that the card cannot be used

Even if you don’t open a card, you will be charged an annual fee. In other words, as long as the bank issues you a credit card, you will still have to pay an annual fee if you don't use it

Generally speaking, many banks now stipulate that the annual fee can be waived if you make a certain number of transactions when you open a card. Each bank is different. China Construction Bank requires three transactions, Bank of Communications requires six transactions, etc.

Question 5: What does maintaining a credit card mean? Maintaining a card means paying a certain handling fee after overdrafting the credit card. Afterwards, the "card holder" first pays the overdraft fee, and then uses the credit card to make false purchases at the POS machine he provides.

"Card keeping" is popular among urban white-collar workers. They mainly pay handling fees to ask others to advance credit card overdraft fees, and then make false purchases. This way to ensure that credit is not damaged. People in the banking industry remind that "card maintenance" can easily lead to the leakage of credit card information, which can be used by criminals to make profits. Moreover, "card maintenance" is actually a form of cash arbitrage and is prohibited by law.

Question 6: What does the credit card statement date mean? The billing day is the time to summarize your monthly credit card statements. Your billing day is the 23rd. This month’s bill is the summary of all your consumption, cash withdrawals, interest, repayments, etc. from February 24th to the 23rd of this month. Find out how much you should repay this period, what is the minimum repayment, and when is the final repayment date. The Agricultural Bank of China is the 25th day after the bill date, that is, the 17th of the next month is the final repayment date. You must pay before that. If you pay the minimum repayment amount, there will be no interest. If you only pay the minimum repayment amount, the interest will be shown on the next month's bill. If you fail to pay it overdue, there will be a late fee.

Question 7: What does credit card MMYY mean? - It is the month YY - it is the year with the month in front and the year in the back.

Question 8: What does the minimum payment amount of a credit card mean? Because if you don't pay back the money, it will affect your credit information. This is on the People's Bank of China and can be seen by any other bank. This will affect your future loans and credit card applications. But the bank also considers that everyone does have certain difficulties, and then it issues credit cards just to earn interest like yours, so there is a minimum repayment. It means you pay back one-tenth before the specified date. It will not affect your credit, but the remaining balance will be charged interest at 0.05% per day.

Question 9: What does the interest-free period of a credit card mean? The so-called interest-free period is the buffer period for customers to deposit money after the credit card has a zero balance (or the balance on the card is less than the price of the product). Generally, it means that the customer will have this interest-free period after consumption. As for the longest interest-free period, as an explanation, if the bank stipulates that the 25th of the next month is the repayment period, and you make a purchase on the 1st of this month, then your longest interest-free repayment period is 56 days; this month Spending on 2 days, the repayment period is 55 days....