How to use the Minsheng Visa all-currency credit card most cost-effectively

The biggest use of credit cards is overdraft consumption, so the most cost-effective way to use it is naturally to use credit cards for consumption. As a full-currency credit card, this Ping An Minsheng Visa full-currency credit card is the most cost-effective for overseas consumption. However, this premise is that everyone must master the correct posture of swiping your card. After all, swiping your card at the right time can bring you a lot of convenience.

Minsheng All-Currency Credit Card is an international EMV standard chip credit card. It not only has all the financial functions of traditional magnetic stripe credit cards, but also provides cardholders with higher security and a more convenient payment experience.

Using this card for shopping is the most cost-effective, which usually means grasping the best time to swipe the card. As we all know, Minsheng Credit Card can enjoy an interest-free period of 20 to 50 days, with the difference between the longest and the shortest. It’s 32 days, what’s going on? The key point here is the card swiping time.

Usually, the interest-free period of a credit card is affected by three factors, one is the card payment date, the other is the billing date, and the other is the final repayment date.

If you swipe your card on the day after the bill date, it is the most cost-effective, because you can enjoy the longest 50-day interest-free period, while if you swipe your card on the bill date, you can only enjoy 20 days of interest-free period. , seeing this, everyone understands. Knowing the best time to swipe your card can win us a longer interest-free period!

In addition, you must also pay attention to the following points during the process of swiping your card

1. Timely repayment: After overdraft consumption on a credit card, you must repay it before the final repayment date. , otherwise, if it is overdue, the bank will not only charge overdraft interest, but also late payment fees. In serious cases, it will cause bad credit and cause a lot of inconvenience for future loan applications.

2. Do not withdraw cash: It is expensive to withdraw cash with a credit card. Not only can you not enjoy the interest-free period, but you will also be charged a handling fee, and the daily interest will be calculated based on 0.05% of the cash withdrawal amount from the day of withdrawal. If not If you have no choice, it's best not to withdraw cash.

Minsheng VISA all-currency credit card

(0 handling fee for foreign currency transactions and overseas cash withdrawals; discounts for overseas five-star hotels)

Tips for using Minsheng Credit Card! What most people don’t know!

I believe everyone knows how to use credit cards, and it is nothing more than swiping cards for consumption. But if you want a credit card with a high limit, you have to use it well. However, each bank has its own characteristics, so the card usage skills will be different. Many friends have one or two of Minsheng Bank’s credit cards. Do you know what Minsheng Bank’s card usage skills are? Do you know how to raise your card limit? Come and answer for everyone!

Minsheng Credit Card Application

1. If Minsheng is rejected and applies again continuously, the risk control will be relaxed and it will be easier to approve the card. If there are successful examples, you can try them. Get a Minsheng Credit Card quickly, and directly give you a high amount

2. Is it easier for Minsheng to apply for foreign currency cards, such as VISA, MasterCard, JCB, etc., to be approved and have higher limits? After application, you can use the curve method to apply for UnionPay Two cards.

3. The approval of Minsheng will be relatively fast. Basically, it will be approved within a few minutes of submission. After the approval is passed in seconds, there will be an estimated limit for the preliminary review. Generally, this is the limit for the card.

4. For people’s livelihood sales and transfers, online applications are basically rejected immediately, which means they are a bit vindictive. It is said that according to the internal regulations of the People's Livelihood, those who have canceled their accounts are basically blacklisted.

Minsheng Credit Card Use Card

1. Minsheng’s debit card has nothing to do with credit cards, so it won’t work to use bricks and mortar to make money.

2. You can use your credit card to purchase accommodation and hotel merchants. If you like this category more, increasing the credit limit will be helpful.

3. You can use Minsheng’s credit card with confidence. I have rarely heard of a limit reduction, and the current limit increase policy is pretty good.

The above is the card usage skills of Minsheng Credit Card introduced to you. I hope it will be helpful to you. From all angles, Minsheng’s credit card is good to use, and the limit increase is quite powerful. Let’s try it!

How to use Minsheng Bank Credit Card?

Use of Minsheng Bank Credit Card:

1. Swipe card at POS machine: Swiping card at POS machine is the most common way to use credit card, and it is a method of online card swiping. When swiping a card, the operator should first check the credit card's validity period and cardholder's last name and other information.

Select the corresponding POS machine according to the card issuing bank and the currency type to be paid, and swipe the magnetic stripe of the magnetic stripe credit card on the POS machine, or insert the chip credit card into the card slot to connect to the bank for payment. Enter the appropriate amount.

After the remote payment accepts the information, the POS will print out a receipt for the card payment (at least two copies). The cardholder should sign the receipt after checking that the information on the payment receipt is correct. After the operator checks the signature on the receipt and the signature on the back of the credit card (including that the name completely matches and the handwriting basically matches), the operator gives the credit card and a copy of the card payment receipt to the cardholder. At this point, the card swiping procedure on the POS machine is completed.

2. Card tapping with RFID machine: Card tapping on the RFID machine is a new type of credit card usage method, and it is also a networking method. When tapping a card, the operator should first check the credit card's validity period and cardholder's last name and other information. Select the corresponding card machine according to the card issuing bank and the currency type to be paid, enter the corresponding amount, and lay the credit card flat no more than 10cm above the sensor.

The RFID machine will emit a signal after sensing the credit card, and then continue the operation process. After the remote payment accepts the information, the printer will print out a receipt for payment by tapping the card, but unlike the previous method, the cardholder does not need to sign. , faster and more convenient than previous methods. At this point, the card sensing program on the RFID machine is completed.

3. Manual order pressing: Manual order pressing is usually used when there is no POS machine or the Internet is not available. The order pressing operation must have a pressure-sensitive copy of the "direct purchase order" (at least two copies) and a telephone number. The inspection work before pressing the order is the same as that of the POS machine.

The operator uses the credit card pressing device to print the embossed name and name on the credit card onto the purchase form, and writes the amount, date and other information, and then calls the acquiring bank's authorized hotline to report the payment. Apply for authorization with the card information, write the authorization code obtained on the purchase form, and then the cardholder signs it after confirming it is correct. After the operator checks the signature, he hands the credit card and purchase order copy to the cardholder. At this point, the manual order pressing process is completed.

Authorization calls are usually made immediately. In some areas with poor communication or good credit ethics, merchants may encounter situations where the merchant will deliver the goods to complete the transaction after pressing the customer's signature. The authorization will be completed in the future, but the merchant is at risk of encountering the credit card (if the customer pays with an invalid card, it will not be discovered immediately without applying for an authorization code immediately).

4. Online payment: From the perspective of cardholders, online payment is considered to be the riskiest among several credit card payment methods, because people with malicious intentions may use phishing and eavesdropping. Steal user information through network information, fake payments and other means.

When paying online, you need to enter the credit card validity period, the Visa CVV2 code/MasterCard CVC2/UnionPay CVN2 number next to the signature column on the back of the card, and the online transaction password. Sometimes you need to enter your name and the one randomly generated by the web page. Verification code, etc. After the input is completed, click Submit to complete the online payment.

5. TV and telephone transactions: similar to online payments, requiring, validity period, Visa CVV2 code/MasterCard CVC2/UnionPay CVN2 and other information.

Extended information:

Notes on the use of Minsheng Bank credit cards:

1. Long-term empty card status: Many people use small amounts in order to reduce risks. Repayment and withdrawal. For example, if your credit card has a limit of 20,000 yuan, then if you repay it in three installments, you only need to repay 2,000 yuan each time. After the withdrawal, you will have to repeat the operation, so that the credit card will be There will always be the problem of empty cards, which is a very undesirable phenomenon.

2. The interval between card swiping is short: The intermediary holds a large number of credit cards. In order to save time, it will repeatedly swipe several credit cards on the POS machine. The interval in between is relatively short. According to the general process Well, you need to queue up for checkout. After the previous person swipes the card, he needs to sign and issue an invoice. After completion, the next person can perform the operation. This requires a long time interval, so the time period during which the card is swiped will attract the attention of the bank. .

3. Frequent credit card swiping: short intervals and frequent card swiping will cause bank risk control. The money in the hands of many intermediaries is not their own, so a large amount of funds needs to be turned over for a long time. A credit card will be swiped repeatedly within a day. Some people will say that if the credit card is swiped too many times, it will be easier to increase the limit, but such frequent swiping behavior is definitely not recommended.

4. Use your credit card to support your card: Nowadays, many people are "using their card to support their card" and have more than one credit card in their hands. Generally, people who do this have two behaviors. One is Use the money from one of the credit cards to pay off the debt on the other credit card. The other is to cash out. In fact, they are similar in nature. They are just "removing one wall to pay for the other."