How to fill out the credit card application form?
Home address
Applicants who have already purchased a house can directly fill in the address of the property under their name and attach a copy of the real estate certificate when submitting the information. Card applicants who do not have personal housing, such as those who rent a house, can fill in the home address of their hometown. If they stay for a long time, the bank will think that the address of the card applicant is very stable. For people like Beidiao, if you have local friends with good connections, you can fill in the friend's address if the friend allows it, and the check-in time can be Beidiao time, which can also show the residence stability of the applicant.
Marital status
Whether married or single, generally speaking, you can fill it in truthfully. But for older young people aged 28 or 29, you still need to think carefully when applying for a card. If you fill in the form of unmarried, the bank will consider that the status of the card applicant may not be very stable.
Residential phone number
Fill it in based on your home address, preferably a landline. Make sure your parents or friends’ parents (you need to say hello in advance) can receive it. Older people always give people a more secure feeling, and banks like that.
Workplace landline phone number
Not filling this in is the culprit that causes many card applicants to fail to apply for a card. The bank often chooses to call this number during return visits to confirm the card applicant's job stability, which is directly related to the card applicant's source of income.
Annual salary
It is directly related to the repayment ability. Many card applicants fill in the annual salary that is either too high or too low when applying for the card. In fact, the annual salary is directly related to the income certificate of the card applicant. , should be filled in according to the actual situation, but if the unit can issue an income certificate, it can also be increased appropriately to make the bank more assured. Be careful not to make anything up when filling in your annual salary. Firstly, the bank will have a relative reference value through social security, industry, position and other information. Secondly, once the bank discovers that the card applicant has forged information, the card application will basically not be successful. .
Contact person
You can choose to fill in the contact person: family members with stable addresses, friends with stable jobs and high incomes, colleagues in the same company, etc. In short, it can make the bank feel more at ease. Stable group. It is not recommended to fill in friends who do not have a fixed job or whose income/residence is unstable.
Credit cards from other banks
Among the mainstream banks, only five major banks, Bank of China, Bank of Communications, China Guangfa Bank, Ping An Bank and Shanghai Pudong Development Bank, support card application. For cards from several banks, you can apply at the counter with a credit card from another bank that has been used for at least 3 months (different banks, such as Shanghai Pudong Development Bank regulations: you can apply at the counter if you have held a credit card from another bank for more than 1 year). If the card is recorded Good, no overdue, and the card can be issued more quickly.
Where does the bank’s income from credit cards come from?
The income from bank credit cards mainly comes from the following points: 1. Annual fee. After the credit card is opened, the bank will charge the cardholder an annual fee.
However, due to the fierce competition in the bank credit card market, most banks will have a policy of waiving annual fees for card swiping.
This encourages the use of credit card consumption, and the bank can charge other large profits.
2. Credit card swiping fees and merchant rebates
Every time we use a credit card to make a purchase, we need to pay a certain amount of handling fees, but most of this part of the money is borne by the merchant.
But this is only a small part. The rebate from card swiping is the real "treasure pot".
When we make a purchase with a card at a merchant, the merchant has to pay a certain proportion of the transaction amount (around 0.5~0.7) to the bank. This money is mainly shared by the card issuing bank, UnionPay and the acquiring bank.
Among them, the credit card issuing bank will charge between 0.36 and 0.48, and the specific bank will be different.
3. Interest
This is also the main source of bank credit card business income.
Everyone knows that you do not need to pay interest on credit card purchases after the full payment on the repayment date, otherwise you will be charged high interest, which is generally charged at 0.05/day, and interest is calculated on a daily basis. Compound interest monthly.
The longer the overdue period, the more money the bank makes.
4. Installment fee
When the cardholder fails to repay the bill in installments, he will need to pay a certain installment fee.
The installment handling fees of each bank are different, but basically the handling fee rate for each installment is around 1. The more installments, the lower the handling fee rate.
Special attention: For many bank credit cards, after choosing installment, even if you repay in advance, you still have to pay the handling fee in full. Therefore, it is not cost-effective to repay in installments!
5. Other income
There are many hidden charges for bank credit cards, such as cash withdrawal fees, loss report fees, SMS function fees, etc.
So, how much money do banks make?
By estimating each item, we can roughly know how profitable bank credit cards are!
1. Merchant rebates for credit card purchases
Calculated based on the total bank card credit amount being 14.69 trillion, the credit utilization rate being 45.03, and the credit card issuer charging an average of 0.40.
As of the end of the third quarter of 2018, the revenue of this block was: 14.69 trillion × 45.03 × 0.40 = 26.459 billion yuan.
2. Interest income
The total amount of credit cards that are overdue for six months is as high as 88.098 billion yuan. This part alone will generate 44.04 million yuan of interest income every day (daily interest rate 0.05). In the third quarter, there were 11.89 billion yuan.
Not to mention those that are only a few days or a month overdue, it is estimated that the bank can earn at least tens of billions in interest income every year!
3. Installment fee
We use 10% of the total credit usage as the base for credit card installment repayment. Each installment has a handling fee of 1. If divided into 6 installments on average, the entire income will be : 14.69 trillion × 45.03 × 10 × 1 × 6 = 39.689 billion yuan.
The main sources of income of Minsheng Credit Card business
The income sources of Minsheng Credit Card business mainly include 7 aspects:
(1) Interest income. Interest income includes the amount of card purchases that have not been repaid beyond the interest-free period, or the amount of cash withdrawals. It should be pointed out that credit card bills generally have a minimum repayment amount. As long as each installment exceeds the minimum repayment amount, the cardholder is not considered overdue. But in fact, the outstanding portion will be charged interest at an annualized rate of 18. Therefore, from a profit perspective, credit card centers have incentives to encourage customers to only repay part of the loan. In addition, there is no interest-free period for cash withdrawals. Interest accrues from the moment you withdraw it (daily interest is 50,000 yuan). Interest is calculated on a daily basis when you borrow and repay the money.
(2) POS machine consumption handling fee. As a credit card service, the use of credit cards does provide convenience to merchants. Therefore, for every credit card payment, the merchant needs to pay a certain service fee to the service provider (generally based on a certain proportion of the card amount). This part of the service fee will be distributed among UnionPay, the card issuing bank, the acquiring bank and the third-party payment institution according to a certain proportion. Although the proportion shared by each company may be very limited, in the face of hundreds of billions of card transactions, , the credit card fee income that each company can allocate is also considerable.
(3) Annual fee income. Generally, credit cards charge cardholders a certain annual fee. In actual operation, the annual fee has also become a tool for credit card centers to conduct customer stratification and marketing. For example, for entry-level customers, the annual fee is generally waived through the activity of "swiping the card several times a year to waive the annual fee for the next year." VIP customers, in order to waive annual fees, often need to accumulate a certain amount of credit card points. Through the distribution of these points, credit card centers can often design numerous marketing activities to realize the realization of customer resources.
For higher-level customers, the annual fee cannot be waived. Of course, such customers are no longer sensitive to annual fees. Having this type of credit card often becomes a status symbol. For example, the most famous one in the industry is the American Express Centurion Black Gold. Card.
(4) Cash advance fee income. Generally, credit cards are mainly used for consumption. When withdrawing cash directly, customers will be charged a certain percentage of cash advance fees.
(5) Punitive income. If the cardholder is overdue, the credit card center will charge the cardholder higher punitive income, including liquidated damages, penalty interest and interest-free period interest. For malicious debtors, relevant overdue information will also be reported to the People's Bank of China's credit record, which will have an impact on their future financial activities such as housing loans and car loans. It is also a pity to incur high penalty interest for cardholders who often forget to repay their loans. Therefore, it is really important to develop a good habit of timely repayment.
(6) Installment fee. I don’t know if anyone has received an unsolicited outbound call from the credit card center, encouraging you to installment your bill, or to give you a cash installment, with equal principal and interest repayments, no interest, and only a fixed monthly installment fee. The common monthly rate is 0.75 of the total loan amount. It seems that the annualized total rate is about 0.75×12=9, which seems acceptable. However, it should be pointed out that the total amount of borrowing here has always been calculated based on the total principal, but the actual borrowing principal has continued to decrease over time because of equal principal and interest. Therefore, the actual interest on installment repayment is much higher than the annualized rate that seems to be 9.
(7) Other value-added service income. In addition to financial services, most credit card centers have also opened value-added services in credit card malls to realize traffic monetization through e-commerce models.
Tips for filling in credit card information
1. Make your own real-name mobile phone number (the mobile phone number and ID card must be the same person. The longer the mobile phone number is used, the better. It is best to reserve multiple credit cards. Keep your mobile phone consistent).
2. It is best for your current workplace and residential address to be more than 3 years old, that is, they do not change frequently. This is the basis for the bank to judge whether you have a stable job.
3. The place of work and residence should be in the same city, preferably within the urban area.
4. Email (the longer it is used, the better).
5. For academic qualifications, please fill in junior college. If you are not a junior college, please fill in junior college. If you are not a junior college, please fill in any information.
6. In terms of income, the annual income should be filled in above RMB 80,000; the general income is RMB 80,000 to RMB 300,000, which is evaluated based on the nature of the individual’s work unit, working years, and age.
7. Fill in your marital status truthfully.
8. Credit card applications should not be frequent. Do not apply for credit cards more than three times a month. No more than 6 times in half a year. If you want to apply for multiple credit cards, it is recommended to apply for multiple credit cards on the same day because the credit report is a T1 update. In this way, you will not be able to see other query records during approval.
Extended information:
Credit card application:
In most cases, citizens with full capacity for civil conduct and certain direct financial resources can apply to the card issuing bank for Apply for a credit card. Sometimes, legal persons can also be applicants.
Applicants for credit cards can be divided into units and individuals. Applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal person status in my country. Each unit applying for a credit card can receive a main card and multiple (5-10) supplementary cards as needed. To apply for a credit card, an individual must have a fixed occupation and a stable source of income, and provide a guarantee to the bank. The forms of guarantee include personal guarantee, unit guarantee and personal capital guarantee.
The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his/her basic information, etc. And submit certain copies of documents and certificates to the card issuing bank. After the customer fills in the application form truthfully according to the content, the customer must also submit the relevant credit certificate while submitting the completed application form.
The application form is accompanied by a credit card use contract. The applicant authorizes the card-issuing bank or relevant departments to investigate its relevant information, and submits a statement of the authenticity of the information, the card-issuing bank's privacy protection policy, etc., and must have the applicant's signature. [9]
Review
After receiving the application form and relevant materials from the applicant, the card-issuing bank must review the applicant's creditworthiness. The content of the review mainly includes whether the content of the application form is true. The creditworthiness of the applying unit must be evaluated, and the relevant circumstances of the guarantor must also be reviewed for individuals.
Usually, banks will judge whether to issue a credit card to the applicant based on the application information and various aspects of the applicant's information and financial situation. Factors considered include the applicant's past credit record, the applicant's known assets, professional characteristics, etc. The specific factors and processes reviewed by the card issuing bank are commercial secrets and are generally difficult for outsiders to understand. The standards of each card-issuing bank are also different. Therefore, the same materials may be issued with different credit limits and different types of credit cards in different banks. Some banks may even approve the application, while others may reject it. .
Card Issuance
After the applicant successfully applies for a credit card, the card issuer will open a separate credit card account for the cardholder at the card-issuing bank for settlement after shopping, consumption and cash withdrawal.
How to fill out the application form when applying for Everbright Bank credit card?
How to fill out the Everbright Bank credit card application form? Everbright Bank has developed very rapidly in recent years, and its credit card business has also been well received by everyone. Many friends have chosen to apply for Everbright Bank credit cards, but many friends do not know much about how to fill out the Everbright Bank credit card application form. In fact, the credit card application form There is still a lot of personal information. Next, I will introduce Rong360 to everyone.
The Everbright Bank credit card application form mainly includes the following items:
1. Home address
If the card applicant has already purchased a house, he or she can directly fill in the property under his or her name. Address, and attach a copy of the real estate certificate when submitting the information. If you do not have a personal home, the card applicant who rents a house can fill in his home address and stay in the rented house for a long time, so that the bank will think that the card applicant's residence is stable.
2. Marital status
Whether married or single, generally speaking, you can fill it in truthfully.
3. Residential phone number
Fill it in based on your home address, preferably a fixed phone number, and ensure that your parents or friends’ parents can receive it. Sometimes the bank will call the home number to verify the situation.
4. Work fixed phone number
Just fill in the work fixed phone number truthfully. The bank often chooses to call this number during return visits to confirm the job stability of the card applicant, because this is related to the applicant. Directly related to the cardholder’s source of income.
5. Income from work
Income is directly related to the repayment ability. In fact, the annual salary is directly related to the income certificate of the card applicant. Applicants for Everbright Bank credit cards should fill in the information according to the actual situation. If the unit can issue proof of income, it can also be raised appropriately to make the bank more assured. Applicants must not falsify their income. Firstly, the bank will have a relative range based on social security, industry, position and other information. Secondly, once the bank discovers that the card applicant is suspected of falsifying information, the success rate of the card application will be very low. will be greatly reduced.
The above are related questions about how to fill in the Everbright Bank credit card application form that Rong360 has compiled for you. Friends in need may wish to refer to it.
If you don’t have an Everbright Bank credit card, you can apply for the following two high-limit credit cards:
Quick card application channel: Everbright “Fu” IC Credit Card
Quick card application Channel: Everbright JD Baitiao Co-branded Card
That’s it for the introduction of how to fill in the source of credit card income.