Hello everyone! It has not been updated for a long time, and the big cousin is here again. In the first two days, a colleague of mine asked me: "Do you have a credit card?" After questioning, I found out that she was going to apply for a credit card, but she didn't know which credit card was better. In this case, my cousin will tell you about the secrets of credit cards.
According to Article 7 of the " Commercial Bank Credit Card Business Supervision and Administration Measures ": Credit cards refer to various media that record cardholder account information, have bank credit lines and overdraft functions, and provide cardholders with relevant banking services. The earliest credit cards appeared in the 19th century.
Credit card
So with so many credit cards on the market now, how should we choose? The following opinions are only for credit novices who have never applied for a credit card.
The first thing my cousin recommends is the credit cards of the four major state-owned banks. The four major state-owned banks: Bank of China , China Construction Bank , Agricultural Bank of China , Industrial and Commercial Bank of China . Why I recommend these four companies is mainly because of compliance. When applying for a credit card, these four major banks will refer to your credit situation to confirm your limit. Credit novices generally start with a limit of around 3,000, which will fluctuate up or down based on other factors (such as household registration, employment, etc.), and generally will not exceed 10,000. For the four major state-owned credit cards, the limit generally increases slowly. If you use it frequently and repay on time, the limit will increase faster. If you use it more casually, then wait slowly. Don't ask me why there is no People's Bank of China . Sorry, the central bank does not engage in cash business.
Next are postal savings and rural credit cooperatives. The postal savings credit card is really good. It is easy to apply for the card. The policy is really considerate. You can even postpone the current bill to the next bill date (pay interest and liquidated damages). The grace period is four days, which is really good for credit reporting. The disadvantage is that it must be activated at an outlet, and your credit report must be checked. This will be checked every time you apply, and your credit report will be repeatedly checked. As for rural credit cooperatives, it's not easy to say, because some branches have credit cards, and some don't. Strictly speaking, most don't, and a small number do. Since it is also state-owned, it is listed in the second tier.
The third echelon is the credit cards of commercial banks, such as Pudong Development, , Guangfa, Everbright , Ping An, etc. The biggest feature of credit cards from these banks is that they are easy to apply for and have high credit limits. My eldest cousin had applied for a Pudong Development Bank credit card before. When I first applied, the limit was 4,000. It increased to 9,000 in three months, and to 12,000 in two months. The limit increased very quickly. The disadvantage is that the repayment cannot be negotiated. If the bill is not paid on the day, there will be a life-threatening call the next morning, which is comparable to 714.
The above information is only for reference for credit novices. The specific credit card policies should be subject to the policies issued by major banks. Finally, I would like to give you a piece of advice: swiping your credit card will give you pleasure for a while, but overdue payment will make you heartbroken. Credit cards are for emergency use only, do not rely on them.
