Friends who are familiar with credit cards know that credit cards are divided into levels. According to the understanding of the Card God Group, and according to the bank's review standards, the general ranking of recognition levels is: general card, gold card, and platinum card. So today Kashen Tuan will talk with friends about the differences between universal cards, gold cards, and platinum cards among credit cards. Friends, let’s get into the details.
First, the application thresholds are different
1. Regular card: General users can apply as long as they are over 18 years old, have a stable income, and have a good credit record. 2. Gold Card: The approval criteria for the regular card have added an income condition: users are required to have an annual pre-tax income of more than 80,000 yuan. 3. Platinum Card: Relatively more stringent, requiring not only the user’s income, but also the user’s assets, such as whether they have real estate, cars, deposits and other financial resources.
Two. Different credit limits
General-purpose cards are the lowest card type, so the credit limit is also the lowest, generally between 3,000-10,000, and the initial application limit is generally around 3,000-5,000. The gold card amount is generally between 10,000 and 50,000. Generally, the limit of a platinum card starts from 50,000 yuan and reaches a maximum of 1 million yuan. However, there are also banks with platinum cards and gold cards with similar limits.
Third, the annual fee thresholds are different
The annual fees for Universal Card and Gold Card range from 100-300. Some types of cards have no annual fee, and there is basically no annual fee in the first year. However, all Jinpu cards can be swiped without annual fees, usually 5 times a year.
The annual fee for a platinum card usually starts at 500, and some annual fees are as high as one or two thousand. The Platinum Card basically does not waive the annual fee. Some cards will deduct annual fees when they are opened, and some types of cards redeem annual fees through points. Relatively speaking, the threshold for platinum cards is better, which is determined according to the bank's regulations for different cards.
Four. Different rights and services
General cards basically have no preferential activities and services. Gold cards and platinum cards will have different discounts, especially banks and some cooperative stores, which have more discounts. In terms of services, platinum card holders and gold card holders will have different rights and interests, such as free airport pick-up, airport VIP lounge, free driving, etc. Moreover, cardholders can also enjoy more distinguished rights and interests, such as counter business priority, exclusive channels, high-value aviation accident insurance, global emergency rescue services and other guarantees.
Kashentuan’s summary: In fact, which bank’s credit card type my friend applies for, Kashentuan believes that it mainly depends on personal needs, and one’s own repayment ability should also be taken into consideration. Card God Group believes that the types and grades of credit cards are not high-end, but should be practical and suitable for you. After all, there are living examples of card slaves around us. Reasonable use of cards is the key. Don’t all my friends say so? Hope this information is helpful to my friends. Related Q&A: Related Q&A: What are the levels of credit cards?
Everyone knows that the higher the level of a credit card, the more services and rights it will enjoy. But for those who are new to credit cards, gold cards, platinum cards, etc. are dazzling. What are the differences between these cards, and which card is best for you personally? This requires us to have a certain understanding of the card level.
Credit cards are divided into Common Card, Gold Card, Platinum Card and Infinite Card according to different credit levels.
The card issuer will conduct a comprehensive evaluation based on the applicant's economic strength, social status, credit rating, purchasing ability and other information, and then issue credit cards of different levels. Cards with higher credit ratings have higher credit limits and are also more difficult to apply for.
1. Regular Card Regular Card (Silver Card) is the lowest level of credit card. Applicants who are applying for a credit card for the first time or have low financial strength can generally only apply for a Regular Card. The approval of ordinary cards is more casual, and the credit limit is generally between 300,100 yuan, and the annual fee can be reduced by swiping the card. Regular cards are generally brightly colored, and metallic colors and black are prohibited on the card surface.
Features: The credit limit is 3K - 1W, which is the lowest limit; there is no annual fee, or the annual fee can be waived if you use it several times;
Applicable people: first-time users of credit cards or those with poor financial strength
2. Gold Card
Gold Card is a credit card with a higher credit limit than ordinary cards. Banks generally do not accept direct applications from customers who do not have credit records for ordinary cards.
Gold card approval is stricter and requires applicants to provide proof of income and a good credit record. The credit limit is generally between 10,000 and 50,000 yuan, and most of the annual fees can be reduced by swiping the card. The color of the gold card surface is mainly golden yellow, white gold and black are prohibited.
Features: The credit limit is larger than that of ordinary cards, usually 1W - 5W; some have annual fees of hundreds of yuan, and some can waive annual fees; the discounts and points accumulation policies are more powerful than ordinary cards.
Applicable people: people with good income and good credit
In recent years, competition among major banks in the credit card field has become increasingly fierce, and there are a wide variety of credit cards. Gold cards have also been played with tricks. This set of zodiac gold cards issued by Industrial and Commercial Bank of China can easily be mistaken for a black card!
3. Platinum Card
Platinum Card (Diamond Card) is a credit card that provides higher-end services and benefits. It is the credit card with the strictest review. The credit limit is generally RMB 30,000-500,000. In principle, the annual fee will not be reduced or reduced. The base color of platinum cards is recommended to be metallic platinum. The card faces usually have the letter "P" or "Platinun" on them to distinguish them from ordinary cards.
Features: The credit limit is between 3W and 50W; the annual fee is around 400-3000, which is usually not exempt; you can usually enjoy high-end services provided by banks such as golf, SPA, Liaoning, airport transfers, and VIP rooms. .
Applicable people: The annual income is more than 20W, or the fixed assets are deposited in the bank. The ICBC MasterCard Platinum Credit Card is called "Black and White Cabbage" because the card surface is named after the black cabbage pattern.
4. Infinite Card Infinite Card (World Card) is the highest-level card among credit cards. It has no credit limit and does not accept applications. It can only be applied by 1% of the top customers invited by the card issuer. The Infinite Card issued by VSA has the word "Infinte" on the card face, while the Infinite Card issued by MasterCard has the word "Word" on the card face, so the Infinite Card issued by MasterCard is often called the "World Card". Since unlimited cards generally use metallic black as the base color of the card surface, people also call them "black gold cards." At present, among domestic card issuing banks, Bank of China, Industrial and Commercial Bank of China, China Construction Bank, China Merchants Bank, CITIC Bank, China Everbright Bank, etc. are all qualified to issue black gold cards.
Features: Unlimited overdrafts
Applicable people: No applications are accepted, and banks actively invite them. The Centurion Card in the picture above is known as the "King of Cards". According to legend, the bank promised card holders: "As long as something is legal on earth, the bank will find ways to satisfy customers."