China Merchants Bank’s all-in-one card is not a credit card.

1. All-in-one card is a bank card. You must first deposit into the account before you can use the card for consumption, cash withdrawal, etc. There is a card management fee, which is 1 yuan per month. Deposits of more than 10,000 or binding credit card repayments There is no need to pay management fees.

Credit cards are also overdraft cards, which means you don’t need to deposit money first when you make a purchase or withdraw cash. You can make purchases directly. A credit card means that the card holder has a credit problem between banks. A credit card can For overseas consumption, one card is not enough; credit cards have high annual fees, but now they can be reduced or reduced by using points on consumption or the number of times the card is swiped (this is different according to the regulations of each bank)

2. The conditions for applying for a credit card are that you need ID card, work permit, salary sheet, assets and other relevant certificates. All are indispensable before you can apply for a credit card; but the all-in-one card only requires your own ID card. It can be used as soon as you apply for it, and it is very convenient; the one-card card has no expiration date, but credit cards can generally only be used for 3 to 10 years before a new card must be replaced. Credit card consumption has points, which can be exchanged for physical goods on bank-related information. Wait, there are no consumption points for the one-card card. Applying for the card depends on your personal situation

3. A credit card will have a settlement date and a repayment date every month. The settlement date means the total amount of your consumption this month. , letting you know how much expenses you have incurred for your consumption; the repayment date is usually 10-25 days from the settlement date (bank repayments vary). On the repayment date, you must pay off all the money you consumed before the settlement date. Or the minimum repayment amount to avoid personal troubles such as bad credit and legal issues. Please use your credit card consumption according to your ability. If you don’t have money to repay, try not to overspend.