I have just started working, should I apply for a credit card?

Better not.

Even if you join the job and have the ability to repay the credit card, please believe that the credit card is a bottomless pit. Once you choose to open a credit card, it means that you begin to have the right to overdraft. You do not have the right to overdraft. way. If you can predict whether you will overdraw your credit card, when that day comes, you will not be far away from losing your job.

1. Definition:

A credit card, also called a credit card, is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit.

It is in the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit. Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when consumption, and repayment will be made on the billing date (BillingDate).

2. Classification:

Credit cards are divided into credit cards and quasi-credit cards. A credit card means that the cardholder has a certain credit limit and can use it within the credit limit. A credit card that is repaid after consumption; a quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve as required. When the reserve account balance is insufficient for payment, the quasi-credit card can be overdrawn within the specified credit limit. The so-called credit card generally refers to a credit card only.

3. Other information:

Starting from January 1, 2021, the credit card overdraft interest rate will be determined independently by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of credit card overdraft interest rate will be cancelled. The original upper limit is 5/10,000 of the daily interest rate, and the lower limit is 0.7 times the daily interest rate of 5/10,000). On May 25, 2021, the Supreme People's Court issued and implemented the "Regulations of the Supreme People's Court on Several Issues Concerning the Trial of Bank Card Civil Cases".

Credit cards stipulated in the relevant laws of our country ("Interpretation of the Standing Committee of the National People's Congress on Relevant Credit Card Regulations") refer to credit cards issued by commercial banks or other financial institutions with the functions of consumption payment, credit loans, transfer settlement , electronic payment cards with full or partial functions such as cash deposit and withdrawal_On December 1, 2017, the "English Translation Standards for Public Service Fields" was officially implemented, stipulating that the standard English name of credit cards is CreditCard.

Should I get a credit card?

A credit card is necessary.

The direct benefits of using a credit card:

1. Easy to use: Credit cards are very convenient to use. You can use the card to make purchases and bind WeChat and Alipay for quick payment, avoiding the need to pay cash for consumption. No worries, don’t worry about the dangers of carrying too much cash with you.

2. Exclusive offers: Cardholders who hold a credit card will generally receive additional services, such as free insurance, exclusive airport access, etc. You can also participate in various preferential activities, such as half-price ordering from joint restaurants, free movies, free car washes, etc.

3. Points redemption: Credit cards can be swiped at cooperative merchants to accumulate consumption points. When the points meet the gift conditions, they are directly redeemed for goods. Some banks can even use points to recharge phone cards.

Why do you never apply for a credit card? What are the advantages and disadvantages of applying for a credit card?

Why do many people say you should never apply for a credit card? What are the advantages and disadvantages of applying for a credit card? What

Credit cards are a common payment method for overdraft consumption in daily life. After applying for a credit card, we can make overdraft purchases within our own limit, and there is also an interest-free period of up to 50 days. Exclusive benefits for each period, so more and more users are fascinated by the feeling of traveling around the world with one card in hand.

Although credit cards bring us great convenience in daily life, some users think that credit cards are quite deceptive and warn others not to apply for credit cards. So, are credit cards actually good or bad? It mainly depends on the usage and actual needs of the cardholder. While credit cards may bring convenience to others, they may also bring disadvantages to some users. So let’s take a look at the advantages and disadvantages of credit cards. .

Benefits of credit cards:

1. Convenient travel: If many users go abroad or travel to other places, it is particularly convenient to use credit cards for consumption. Especially when we go abroad, credit cards are often used. Payment can be made in other countries.

2. Long interest-free period: The interest-free period of credit cards is generally about 50 days, so it can repay our financial pressure when users need it.

3. Many activities bring discounts: Nowadays, credit cards basically have their own corresponding activities, so users who apply for a credit card that suits them can bring many discounts to themselves in daily life, such as many The car owner's card has corresponding discounts when refueling.

Disadvantages of credit cards:

1. It is easy to develop a psychological dependence, resulting in irrational consumption: Some users who do not have strong self-control may develop a psychological dependence in the process of using credit cards. , feel that they have no money anyway and can still use credit cards for consumption, so they consume without restraint, which causes great financial pressure on themselves to repay later, and may also cause overdue repayment. Some users even have financial difficulties. When you use a credit card to cash out, you will owe more and more later, causing your own financial mess.

2. Credit cards will charge annual fees: Generally, after we apply for a credit card, there will be a corresponding annual fee. When many users use credit cards, they may ignore the annual fee, causing the credit card to expire later. However, as long as users meet the requirements when using credit cards, they can also get annual fee reductions and exemptions, so users can pay more attention.

3. There is a possibility of credit card theft: Nowadays, it is inevitable that some criminals will use various means to steal users' credit cards. Therefore, once a credit card is applied for, there will be risks in this regard.

Should young people apply for a credit card?

Young people should not get credit cards. Because young people’s consumption concepts are too advanced, they want to spend tomorrow’s money today before they even get a credit card. Applying for a credit card provides them with the conditions to spend money today and tomorrow. This will cause them to form a bad concept of consumption and bear a heavy debt burden.

Credit cards are for consumption in advance. If you cannot control your consumption desires, it is easy to overdraw your credit, which will have a great impact on your future plans to buy a house or a car. It is so convenient to apply for a credit card now. You only need to have a regular job and provide proof of salary and income to apply for a credit card. Nowadays, the income of young people is not stable. After applying for a credit card, they have a consumption limit that exceeds their consumption level. Many people will not be able to resist the temptation to overspend. The end result is that they have to pay off the credit card every month, disrupting their normal life.

In fact, there is nothing wrong with the credit card itself. Sometimes it can indeed solve urgent needs, but it is for emergency use, not for daily excessive consumption. After having a credit card, many people will overspend without good spending habits. Therefore, it is best not to apply for a credit card, because applying for a credit card requires strong self-control, which many people cannot do.

Use tomorrow's money today to pay off today's debt tomorrow. If this vicious cycle continues, many people will be under great psychological pressure and disrupt their normal rhythm of life. So I think young people should not apply for credit cards, but should keep their feet on the ground and not spend money in advance.

Is it necessary to apply for a credit card?

It is necessary to apply for a credit card.

The benefits of holding a credit card are:

1. Save the trouble of carrying cash: Cardholders can use the card to make purchases, avoiding the trouble of paying cash for consumption, and do not have to worry about carrying cash with them. There are dangers in having too much cash.

2. Participate in preferential and discount activities: Cardholders can participate in various preferential activities with their credit cards and enjoy discounts when spending at merchants.

3. Accumulate credit card points: Cardholders can swipe their cards at cooperative merchants to accumulate consumption points.

Benefits of credit cards:

Compared with ordinary bank savings cards, the most convenient way to use credit cards is that they can be used for ordinary consumption without cash in the card. In many cases All you need to do is repay the consumed amount on schedule.

1. You can use overdrafts without deposits, and you can enjoy an interest-free period of 20-56 days. You will not be charged any interest if you repay on time (most banks will charge an interest of 50,000 cents on the day of cash withdrawal. There is also a 2% handling fee. ICBC cash withdrawals are free of handling fees and only charge interest).

2. Swiping your card when shopping is not only safe and convenient, but also provides points for gifts.

3. You can enjoy discounts when using the card at the bank's designated merchants.

4. Accumulate personal credit and add integrity records to your credit file, which will benefit you throughout your life.

5. It is accessible nationwide and you can withdraw money or make purchases by credit card at ATMs and POS machines with the UnionPay logo; (Note: Credit cards are only suitable for consumption. It is best not to withdraw cash. The cash withdrawal fee is very high. Very uneconomical)

6. Spend by swiping your card, some credit cards can collect existing points, and there are various discounts and lottery activities throughout the year, so that you can always be surprised as long as you use the card; (most credit cards do not have points for online payment, But online shopping and payment are very convenient and fast)

7. Free monthly mailing of statements, allowing you to transparently control every consumption expenditure; (now promoting green environmental protection, you can cancel paper statements and change them to electronic statements) Bills)

8. The unique supplementary card function is suitable for couples to manage finances at the same time, or to control the financial expenditures of their children.

9. The free choice of one card and dual currencies is available all over the world. Overseas consumption can be repaid in domestic RMB.

10, 400 or the 5-digit short number starting with 9 is available 24 hours a day. Loss reports are effective immediately and there is zero risk of losing the card.

11. Use third-party platforms (the domestic platform that supports credit card bill management is mainly Jujindou) to conduct business cooperation and provide preferential services to cardholders.

Disadvantages of credit cards:

1. Credit cards can easily lead to over-consumption. This is a common problem among people who are in credit card debt. It is painful to swipe a card without paying money, so they spend even more uncontrollably by swiping the card.

2. The annual interest rate of credit cards is as high as 18%. It is true that it can make borrowers lose money quickly.

3. Credit card debt brings mental stress. Some card slaves report that they are often afraid to open their mailbox or mail.

4. If your credit is not good, the cost of borrowing money will be higher, and you may even be unable to borrow money.

5. Credit cards provide a choice of using debt to support debts or drinking poison to quench thirst, causing debts to get out of control.

6. Short-term preferential interest rates are ultimately worth the loss. A certain percentage of people let emergency financing turn into long-term debt. Therefore, don’t be tempted by short-term low interest rates and make unnecessary borrowing.

7. Too much personal credit limit is not only not evidence of good credit (repayment record is), but it is a risk in the eyes of financiers, which may push up the borrowing interest rate.

8. Gifts in reward programs often collect dust inside. Rather than spending money to get gifts, it is more cost-effective to save money directly.

Should I apply for a credit card?

The question and answer is very general. I am an entrepreneur, so I choose to answer

Should I apply for a credit card?

The answer is yes, we must do it.

1. Why do you need a credit card?

Credit cards can bring extra points to your personal credit score, but if used incorrectly, it can be a disaster.

Credit cards can bring you benefits, points can give you gifts, you can get cash back when eating, you can watch movies for free, etc.

Credit cards can give you interest-free use.

Second, how to use it?

Credit cards have so many benefits, so you need to control them yourself. If you really can’t control them, just talk to the bank directly. The monthly limit is 1,000 yuan. If you use too much, they won’t be recognized. Let the bank lock the limit given to you. Don't swipe your card randomly, don't spend in advance, and don't take advantage of small things.

Third, banking institutions

As banking institutions, the issuance of credit cards has strict review requirements. In order to improve performance, salesmen will use all means to create false information for customers, resulting in a lot of problems. Some people who are not qualified to use credit cards also use credit cards, and the consequences can be imagined. Of course, there are also reasons of their own, and banks have greater responsibilities.

4. Credit card market

China’s consumer group is so large. Credit cards are also a means for banks and merchants to make profits. If there are no credit cards from banking institutions, there will be similar products in the same market. output.

For example, with the massive emergence of Alipay’s Huabei, Jiebei, Weilidai, and P2P, everyone wants to get a piece of the bank’s cake!

In short, if you don’t apply for a credit card, there will be other products similar to credit cards for you to use. The key is self-discipline! Control your limit and don’t spend it casually! It will be a disaster when the card is maxed out and there is still no repayment!

A credit card is a killing knife and a living sword.

Of course you need to apply for a credit card. I have been working in finance for so many years and have always explained the following concepts to people:

1. We must establish a correct outlook on financial management and finance. Everything has its two sides. The correct view of financial management is not to return to the conservative concept of spending as much as you earn, but to learn to dance with the wolf, make good use of various new financial management tools, and keep pace with the times. Let the tools serve us and plan our personal spending and investment, especially cash flow management.

2. We have to see that credit cards have benefits. The interest-free usage limit of up to 42 days can actually allow us to have an extra amount of liquidity. Large installments are equivalent to saving us the trouble and waiting time of applying for a loan. Not to mention there is a points system and some supporting small benefits. As long as the concept of consumption is correct, credit cards are not an excuse for us to spend indiscriminately. Just like an ax is just a tool, it can be given to a woodcutter to make money, but given to a murderer, he can use it to hurt people.

3. Credit cards can cultivate our credit history and prevent us from becoming a credit failure. For example, there is a misunderstanding. People think that it is a good thing that financial institutions do not have any records, but it is actually a bad thing. Without any records, it will be difficult for banks to quickly approve your home loan and car loan application. And having a credit card makes the bank think that you are a potentially profitable customer and are more willing to serve you.

So, having a credit card is a good thing. As long as you make good use of it, it will help your future family and life.

If you think it is good, please like, comment, forward and follow.

As for using it, it is not necessary to apply for a credit card. Today, there are endless Internet personal credit products. The most famous ones are Ant Huabei, Ant Jiebei and Jingdong Baitiao. Ant Huabei’s interest-free period and credit card Very similar; the interest rates for some users on Ant Borrowing are even much lower than the interest rates for credit card cash withdrawals.

More and more young people are unwilling to apply for a credit card, and some of the reasons are quite strange. Why don’t they apply for a credit card? He replied that he couldn't control it because he was afraid that if he spent too much on impulse, he would not have the money to pay back next month. However, when he got his salary every month, he had to pay back Huabei and IOUs immediately, which were quite a lot.

As for credit, if you have the habit of using Huabei or borrowing money, it is recommended to apply for a credit card. Because the interest-free period of credit cards is long, the longest interest-free period for general credit cards is 45-50 days, and the longest interest-free period for Huabei is 41 days. These extra days are of no use at ordinary times. At critical times, such as forgetting to repay the loan. , a longer interest-free period is good, and credit cards have a 1-3 day repayment grace period. I only used the grace period once and almost expired. I remembered it on the last day of the grace period and I had really forgotten it. Is there anyone else like me?

Having a good credit card record is a plus for personal credit. The credit limit of a credit card is equivalent to a short-term interest-free loan. This cannot be compared with Huabei or Jiebei. The credit limit of Huabei and Jiebei can How high? The highest I've seen is tens of thousands of dollars. You can apply for many credit cards, and the cumulative limit is high.

If you can’t control your desire to spend money, it is recommended not to apply for a credit card, nor to open Huabei and Borebei. Only by living within your means can you feel comfortable.

Although various advanced consumption methods are emerging online, such as Alipay's Huabei and JD.com's Baitiao, these are similar to credit card advanced consumption models, and they do bring a lot of convenience. But credit cards also have their advantages.

1. Credit cards have interest-free repayment periods. Every bank credit card has an interest-free period, and you can enjoy an interest-free repayment period of up to 55 days depending on how long you use the card. People who know how to use credit cards use credit card money to meet their own needs, and use their money for financial management during the interest-free period to gain income.

2. Many preferential rights attached to credit cards. Credit card issuers will provide many additional benefits and benefits to cardholders, such as supermarket co-branded cards, which enjoy shopping discounts and double points; car owners’ credit cards enjoy gas rebate discounts; airline co-branded credit cards can be redeemed with points Mileage etc.

3. Credit cards accumulate personal credit.

People who have no loans or credit cards now are called white households, which will have an impact on applying for mortgage loans in the future. Therefore, applying for one credit card and using it for a few years is very helpful to accumulate your own credit.

So it is recommended to apply for a credit card, no more than one.

If you know how to use a credit card, you can make a comeback. If you don't know how to use it, you will be in debt and may also be imprisoned.

Credit cards are not suitable for everyone. Some people cannot use them. If you are one of the following types of people, it is recommended not to apply for a credit card.

1 People who don’t like to learn

After applying for a credit card, you need to learn its usage rules. It does not mean that you just swipe and swipe after applying for the card. Be careful to step on the bank’s risk control in one step. , it can range from a reduction in the credit limit to a serious card closure. If you can't pay it back, you won't be able to pay it back, and it's very easy for your credit to go bankrupt.

2 Blind consumption comparison

After applying for a credit card, it is very difficult to think about showing off yourself or buying high-end luxury electronic products that you did not dare to buy before, and cannot control your consumption. It’s easy to fall into a trap. After all, the money you spend has to be paid back.

3 Gambling people

Gambling people have a bad habit. They naively think that they can win money. In the end, they get deeper and deeper into trouble. As long as they have a little money, they will suffer. Not to mention the credit card, just use it! The card will be empty after you wake up.

4 People with old-fashioned ideas

Credit cards do not charge interest. The key is to know how to use them. Some people always think that credit cards charge interest.

It is better for the above types of people to stay away from credit cards, it is not suitable for them! When you say whether you want to apply for a card, the key depends on whether you are among these types of people?

Hello friends! Credit cards are like a double-edged sword. They have one side for emergencies and reasonable planning of credit consumption, and another side, which is: once used carelessly, it may bear heavy financial and mental burdens, and even bear legal liability. Families suffer long term effects!

To be clear: Credit cards are convenient for daily economic life, but they are not necessary. Whether to apply for one or not depends on many factors:

First, the situation of not applying for a credit card!

1. If you don’t have a stable income, it’s best not to do it, otherwise you won’t be able to catch up, and you’ll be left with overdue private messages, and you’ll be burdened with a heavy burden that’s hard to solve!

2. If you are not good at planning and managing money, it is best to stay away from spending money lavishly, otherwise you will be happy in the moment and suffer in the long term!

3. It is best not for the elderly to use credit cards! One is the possibility that the credit card will be stolen again, and the other is that various dates need to be calculated clearly. Once forgotten, the consequences will be serious!

4. It is best not to invest, make money, trade in stocks, etc.! Credit cards have rigid repayment and strict deadlines. Once overdue, the fees will be high and the consequences will be serious. And any investment has risks, and the gain is not worth the loss!

Second, situations where you need to apply for a credit card!

1. If your income is stable and all types of income and expenses are planned, you can consider applying for a credit card and give full play to the interest-free advantage!

2. Very familiar with credit card knowledge, rules, and high self-control ability. Can apply for credit cards, provide convenience for life, and effectively control risks!

3. Temporary emergency, short-term turnover, very suitable for credit cards!

To sum up: a credit card is a multi-functional credit financial instrument with strict rules, so its advantages also lie in short-term, turnover, consumption and emergency! Once used as other means, its other side will appear. The cost is high, there is little room for negotiation, and the laws and regulations are strict. Once it is on the credit blacklist, it will take 5 years to clear it after paying off. Therefore, use credit cards reasonably. Having a certain stable income and financial strength is the basis for applying for a credit card!

There is a small card called a credit card, which can both make us feel comfortable and make us feel troubled. What makes us feel comfortable is that it can help us solve money problems and troubles in our lives. When we repay the loan, we find that we have no money in our pocket, so there are people who support credit cards on the Internet, and there are also people who are opposed to using credit cards. Sometimes we find that there are far more voices of opposition than support. sound, but the credit card still exists in our wallets, which shows that its existence has its value.

Personally, I still need to apply for a credit card. In addition to being convenient for our daily consumption, we can also earn points and redeem some small gifts. More importantly, we can use them when we need them in the future. When you need a large sum of money, you can use the credit accumulated by credit cards to obtain loan funds from banks to solve your urgent needs.

The same card has led to two different lives. In the final analysis, a credit card is a financial payment tool. The key lies in the person who uses it. If you have super control and can do something for yourself, Plan your life and use your money reasonably where it should be used. Credit cards can help you when you need money most crucially.

On the contrary, if you use your credit card strictly for shopping and consumption, then it will be a bottomless pit and will lead you step by step into an infinite cycle of debt, so that you will never be able to save money, or even go into debt. haunted.

You must apply for a credit card. There are many benefits of a credit card. I summarize the following points:

First establish your credit record. With a good credit record, you can get approval quickly. Loan matters you need.

2. Prepare for rainy days and prepare for emergencies. There is no need to ask for help at critical moments, just swipe your card to pay.

3. Payment is convenient, online and offline transactions are convenient, and installment payment can alleviate economic pressure.

4. Credit cards have a certain period of interest-free period. The interest-free period of each bank is different. The short period is 25 days, and the long period is 56 days.

Credit cards have many benefits, but you must use them correctly, do not cash out, spend rationally, remember to repay on time, and must not be overdue. Overdue will not only incur liquidated damages, but also Have a bad credit record!

That’s it for the introduction of whether to apply for a credit card.