That's the installment interest rate of this credit card, not bad. Generally, it will be 6%-7%, the low point of China Bank, subject to the customer service answer.
I bought a car and applied for a mortgage in China Bank. The bank issued a credit card. Can I overdraw this card? I just want to buy something and swipe my card. I know how to get in.
The credit card issued by Bank of China mortgage is the same as the usual credit card, which can be overdrawn and used to buy things and swipe cards.
According to Articles 1, 2, 3 and 5 of the Characteristics of Credit Cards in China Bank, the above answers can be proved. Features are as follows:
1. You can spend money without overdraft, and enjoy an interest-free period of 20-50 days to repay on time without interest.
2. swiping a card while shopping is not only safe, hygienic and convenient, but also a bonus gift.
3. Special merchants who hold cards in banks can enjoy preferential treatment.
4. Accumulate personal credit and add the credit record to the credit file of the cardholder.
5. Access to China is barrier-free, and you can withdraw money or spend money by credit card at ATMs and POS machines with UnionPay logo.
6. Various discounts and lucky draw activities throughout the year.
7. Mail the statement free of charge every month, and grasp every consumption expenditure transparently.
8. Unique supplementary card function, suitable for husband and wife to jointly manage money or master children's financial expenses.
9. The free choice of one card and two currencies is popular all over the world, and consumption abroad can repay in RMB.
10, 24-hour free 800 telephone service, loss reporting takes effect immediately, and there is no risk of losing the card.
Extended data:
Credit cards are generally divided into two types:
1. Quasi-credit card: In the traditional sense, a quasi-credit card means that the cardholder must first deposit a certain amount of reserve fund according to the requirements of the issuing bank. When the balance of the reserve fund account is insufficient to pay, he can overdraw within the credit limit specified by the issuing bank, but the overdraft part will be charged with interest from the date of overdraft, and there is no interest-free period (the current quasi-credit card does not need to pay the reserve fund).
Some banks have introduced new quasi-credit cards, which not only don't need to pay a reserve fund when applying, but also enjoy an interest-free period like credit cards.
2. Credit card: Credit card, also called credit card, is a credit certificate issued by commercial banks or credit card companies to eligible consumers. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.
Therefore, no matter what kind of credit card, you can overdraw and swipe your card to shop.