1987 10, Guangzhou Branch of Industrial and Commercial Bank of China officially issued the first regional credit card of the bank and named it "Cotton Card". The red cotton brand is marked by red cotton (the flower of Guangzhou) and rice ear (Guangzhou for short), with Haizhu Bridge in Guangzhou as the base map, and is divided into gold card and silver card, with gold card as the background color and gray card as the background color. The Cotton Tree Card has the functions of saving, transferring and overdrawing, and can be used for deposit, withdrawal, transfer and consumption in Guangzhou and Panyu County.

1989 65438+ 10, ICBC decided to issue credit cards uniformly throughout the bank. 1Feb. 989, ICBC decided to use "Peony" as the name of ICBC's credit card. Peony flowers are beautiful, rich and auspicious, expressing good wishes to cardholders. The status of "King of Peony Flowers" symbolizes the prospect of "the crown of Peony Kaka" and expresses the courage and confidence of ICBC people who are determined to win the championship. The first peony card is based on dark copper color, with gold-plated peony flowers, elegant and elegant, and the style is atmospheric; The main functions include credit consumption, cash deposit and withdrawal and transfer settlement, which are divided into gold card and silver card. 1989 65438+1October 15, ICBC officially issued peony credit cards in Beijing, Tianjin, Shanghai and Guangzhou; About 15 days later, the first cardholder's signed consumption bill returned to Beijing Branch, declaring the Peony Card successful. With the introduction of peony card, the red cotton card as a local credit card has gradually transformed into peony card.

1994 10 6 14, "Peony" officially became the registered trademark of Peony Card, which is also the first registered trademark of Peony Card in China.