1. General usage of credit card of Shanghai Pudong Development Bank: There is no profit on deposit, and there is no interest on credit card deposit, but there is a charge for withdrawal. There is a charge not only for overdrafts, but also for overpayments. The handling fee ranges from 1% to 3% of the withdrawal amount. Overdraft consumption is not equal to overdraft cash withdrawal. Overdraft cash withdrawal is not interest-free, and it still generates 5/ 10000 interest every day. If you have a lot of money on hand, don't deposit it on a credit card, because one day you want to withdraw cash, the bank will charge you a withdrawal fee, and the interest is much higher than buying things directly with a credit card.
2. Withdrawing the balance is the same as withdrawing cash: if you want to cancel your credit card, you don't want to be rejected by the bank, because "there is a balance in 0.8 yuan on the card", which will bring difficulties to the cardholder: where is the 80 cents on the card spent? Of course, at present, most banks can cancel credit cards and balances, but if the cardholder wants to withdraw the balance card before canceling the card, it will be regarded as the current credit card, and a handling fee of 5% will be charged, with a minimum interest of 5/ 10000 per transaction in 5 yuan.
3. The penalty interest will be paid in full. For consumers who have just used credit cards, many people seem to have no in-depth understanding of the penalty interest of credit cards. But Mr. Zhong has a deep understanding. Once in the furniture city, Mr. Zhong bought a leather sofa with a credit card. The bill sent shows that the total amount is 10007.6 yuan. When Mr. Zhong repaid, he only paid 10000 yuan. He thinks the remaining few dollars can be calculated together with the bill next month. But later, the interest and late fees on the bill made Mr. Zhong puzzled. He didn't know until he called the customer service of the bank that whether he owed 10000 yuan or 1 yuan, the bank would calculate the penalty interest and late payment fee according to the total bill.
You'd better go to the counter in person. In order to prevent forgetting to repay, many people will bind debit cards and credit cards and automatically associate repayment. However, related party transactions must be completed at least two days before the final repayment date, because the verification of related functions takes two days. The repayment cannot be made within these two days. If your final repayment date happens to be within these two days, even if the debit card has enough balance, the repayment will fail.
5. Inactive cards also have to pay an annual fee. Many banks require them to charge an annual fee, even if they have not activated their cards. Some banks even require credit cards to be swiped within two months from the date of issuance to avoid the first annual fee. Please note that this is the date when the card was approved, not the date when the customer activated the card. The problem is that the customer didn't know the approval date until he called.