According to the statistics of China UnionPay, credit card consumption transactions are frequent and huge in traditional festivals in China, such as small holidays and Spring Festival. Interestingly, the top three credit card banks are also well known to us. Among them, ICBC and China Construction Bank credit cards occupy the top two, both of which belong to the four major state-owned banks, and the third is China Merchants Bank credit card.
With the rapid development of economy, credit overdraft consumption has penetrated into people of all ages. As for the age limit for credit card application,/kloc-anyone aged 0/8 to 60 can apply. In particular, retired workers living in first, second and third tier cities have also become a large group of credit card consumers.
In recent years, with the rapid development of e-commerce platform, online payment has occupied the main consumption channel of the younger generation. However, the data shows that credit card consumption is still in the leading position, accounting for 83.0%. Online payment is slightly inferior, accounting for 60.9%.
On the one hand, credit card consumption is highly cooperative with major shopping malls and shops, and highly sticky with consumers. On the other hand, credit card points redemption is also very popular with cardholders. These two aspects have increased the consumption proportion of credit cards.
As we all know, credit card is a credit certificate issued by qualified commercial banks or institutions to qualified consumers. Generally speaking, it is a card similar to a bank card.
The explosive growth of credit cards has been going on for nearly twenty years. Many people have more than one credit card, often three or four. Even every bank has a card. What's more, they live a multi-card life, and exchange money for each other with multiple credit cards in their hands every month to make a living and maintain a "decent" life. As everyone knows, such a risk is not only close at hand, but also extremely serious.
Why did China introduce new credit card regulations this time? It is not difficult to understand that with the rise of e-commerce and the popularity of electronic payment, even major state-owned banks have introduced policies. Without any countermeasures, how can commercial banks be content with others? At present, the new credit card regulations have been implemented for some time, and the specific operation and the impact on users have begun to take shape.
In view of the development of credit card for many years, it is also accompanied by many legal disputes and negative social image. Coupled with the state's intervention in loan business and online payment business, credit card business is bound to face legal and policy norms. At the same time, under the framework of "external tightening", we will strive to make use and service more "loose" and increase the momentum of sound economic development.
So, what are the tightening frameworks for this new credit card use regulation? What benefits can it bring to consumers? Is there anything that needs special attention? Let's take a look.
Before taking stock of the new regulations, we should popularize a background: the central bank recently launched the "second generation credit information system". On the whole, according to the "second generation credit information system", the information records about personal credit will be more comprehensive and detailed in the future, and the requirements and supervision of personal credit card use will become stricter. Opportunism is almost impossible.
Of course, this upgraded version of the credit information system not only "binds" credit cards, but also has the same binding effect on loans and early consumption of e-commerce platforms. As a result, there are new regulations on credit cards to cope with strict rules and attract credit card users.
1, the minimum repayment amount is no longer fixed. At first, the minimum repayment amount of a credit card is generally 10% of the overdraft consumption amount. However, under the new regulations, the minimum repayment amount of a credit card in the first month is determined by the bank.
Take the credit card of Minsheng Bank as an example, the overdraft consumption is 5,000 yuan, and the minimum repayment amount before the new regulations is 500 yuan. The minimum repayment amount after the new regulations is around 350 yuan. In this way, the repayment pressure of the repayment person is reduced by one third, which greatly promotes the overdraft consumption of credit cards.
2. The late fee for credit card is changed to "liquidated damages". In this regard, many people think that this is another way to collect money in disguise, which has little impact. Some people think that if you don't pay, you won't be fined.
Of course, these two statements are one-sided. Liquidated damages have replaced late fees, and the form has changed. Specifically, the late payment fee is charged according to the proportion of time and amount, and the liquidated damages are determined according to the bank's own situation, with no upper limit. The form is a one-time charge, and there is no monthly interest compound interest. Every coin has its two sides. Of course, the most appropriate method is to avoid default as much as possible.
3. The interest-free period will be determined according to the credit of the cardholder. Before the new regulations, the interest-free period of most credit cards was 25 -60 days. After the new regulations, the interest-free period will depend on the credit used, that is to say, if your credit is good, it may exceed the interest-free period of 60 days, and if your credit is poor, it will be reduced.
In addition to the new rate, there is still a handling fee. )
It should be noted here that everything related to credit will affect the interest-free period, and the maintenance of credit becomes more critical. From this point of view, the role of credit will gradually penetrate into all aspects of life, and card friends should use it carefully and maintain it carefully.
4. Improve the standard of sentencing by card. The new regulations on overdue credit cards will increase the sentencing standard from 1 10,000 yuan to 50,000 yuan. In the past, it was more than 10 thousand overdue, which constituted criminal responsibility. Now this standard has been raised to 50,000 yuan.
This is easy to understand. With the development of economy and the continuous improvement of living standards, overdue cases are complicated and diverse. The purpose of issuing credit cards by banks is also for income. It is the mainstream to ensure the flow of funds and the normal operation of credit cards as much as possible.
However, it is still necessary to remind cardholders to be cautious when overdue, not only considering the issue of sentencing, but also because after the new regulations, overdue will affect credit, and credit will lead to all aspects of our card use, such as the interest-free period mentioned above.
5. With the release of the new regulations, commercial banks have also made some adjustments to the credit card business: for indebted cardholders who have no repayment ability and are willing to repay, they can apply for personalized installment, also known as interest-free installment, which can be divided into up to 60 installments. However, the specific need to find the corresponding bank, after detailed consultation, according to the new repayment plan.
6. The daily withdrawal amount is increased to 6,543,800 yuan. After the introduction of the new credit card regulations, cash can be withdrawn through bank counters and ATMs. The previous ceiling was 2000 yuan, and the new ceiling is 10000. This provides convenience for many people who need cash business temporarily, and greatly pleases elderly users. Especially during the holiday season, the circulation of cash will increase exponentially, and this new regulation will make the effect of credit card "emergency" more thorough.
7. The overdraft interest rate may fall. The new regulation cancels the unified credit card overdraft interest rate, which is consistent with the floating interest rate promoted by the central bank and implements the interval management of 0.05%-0.035%. Similarly, once a credit card is overdrawn, the specific settlement method and compound interest standard are also determined by the issuing bank according to its own business direction and rules and regulations.
Therefore, this will also involve the issue that credit determines interests. Therefore, maintaining your own credit is the key to credit cards and all credits.
8. Can't withdraw cash, only the minimum repayment amount. In the latest regulations, cash withdrawal can not only repay the minimum repayment amount. In the past, whether online consumption, credit card consumption or cash withdrawal will be recorded in the next bill, that is to say, if the funds are insufficient, the repayment person can choose the minimum repayment of about 10% (it will be lower than 10% after the new regulations), but the new regulations stipulate that the cash withdrawal amount must be paid off in full before the next bill.
In this way, if the withdrawal amount is too large, there will be pressure on people with relatively tight funds, and they need to be treated with caution when choosing. Of course, for people who keep their cards with cards, this method can basically be broken, and they can no longer easily take advantage of banks.
The new credit card regulations are basically explained. From the policy point of view, the overall attitude of major banks to credit cards is mainly to stimulate expansion, supplemented by cracking down on restrictions on "keeping cards with cards". Encouraging and restricting both hands at the same time also caters to the current situation of China's economic development and economic crimes.
In line with the policies issued by the central bank, I believe that in the future, credit cards will not only provide more colorful and high-quality services, but also make our credit card environment more pure and formal. Finally, remind our vast number of credit card users that if you have had the experience of "raising cards with cards" before and know it well, then after the release of the new regulations, especially after a period of operation, "raising cards with cards" is obviously very unfavorable.
Simply put, if one card is overdue, other cards will be overdue, and the new regulations will have a very serious impact on overdue credit. It will not only cause losses to the use of cards, but also have a great impact on personal credit information, so try to avoid the behavior of "keeping cards with cards".