Currently, the phenomenon of credit card points shrinking occurs from time to time, which has a serious impact on cardholders' use of credit cards. So what should you do if your credit card points shrink? How to deal with a credit limit shrinkage? Let me introduce it to you in detail.
Countermeasures against shrinking credit card points:
1. Pay attention to the validity period of credit card points
Many credit card centers do not allow points to be accumulated for online transactions, such as real estate and cars. categories, medical, and convenience transactions. Compared with these, it is more depressing to clear the points directly after expiration, so paying attention to the validity period of the points of all credit cards under their name is an essential homework for every cardholder. It is understood that the points of most credit cards of Agricultural Bank of China, China Construction Bank, China Merchants Bank, Minsheng Bank and other banks are permanently valid. That is to say, when the validity period of the card expires, the cardholder only needs to open the bank transfer to a new card and continue to use the card normally. Card points will continue to accumulate. However, credit card points from banks such as ICBC, Bank of Communications, CITIC, Shanghai Pudong Development Bank, and Ping An have a validity period, usually 2 to 3 years.
2. Use special dates to enjoy multiple points
For credit card points, many credit cards can enjoy double points in the birthday month. You must seize this opportunity. In addition, don’t underestimate holidays. Many banks will have certain discounts during the Spring Festival, Christmas and other festivals. At this time, some points can be up to 10 times the amount spent on purchases at this time.
3. Higher points for foreign currency consumption
Higher points for foreign currency consumption. Judging from the points rules, when trading in RMB, except for China Merchants Bank, which adopts the policy of earning 1 point for 20 yuan, other banks all earn 1 point for 1 yuan spent. When trading in US dollars, the rules are quite different. Pudong Development Bank credit card holders can earn 16 points for every dollar spent, while most other banks earn 8 or 7 points for every dollar spent. If you hold multiple credit cards from different banks at the same time, you should consider this when spending U.S. dollars.