ICBC's "Minions" credit card adopts the card processing mode of "1+ 1": UnionPay single-label single-currency card (magnetic stripe +PBOC unconnected chip card) and VISA single-label multi-currency card (magnetic stripe +EMV unconnected chip card) are processed simultaneously, which is more encrypted, safer and wider in acceptance. The two card accounts are used together, and the payment at home and abroad is unimpeded.
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Financial Characteristics of China Industrial and Commercial Bank's "Minions" Credit Card
(1) Annual fee reduction and exemption
All successful applicants for the Minions Card will be exempted from paying the annual fee within the validity period.
(2) Time tolerance
3-day repayment grace period refers to providing cardholders with 3-day repayment grace period service. If the cardholder repays within 3 days after the due repayment date, it is deemed that the cardholder repays on time.
(3) Tolerance
For cards opened after the dates of 20 17, 12, 1 (inclusive), the current repayment tolerance difference is 10 yuan. Grace period for due repayment (due repayment date+grace period). If the unpaid part of the previous bill is less than or equal to 10 yuan, it is deemed that the cardholder has repaid in full.
For cards opened before 20 17 12 1, the minimum repayment grace difference is 10 yuan. On the due repayment grace period (due repayment date+grace period), if the minimum repayment amount of the previous bill is less than or equal to 10 yuan, it is deemed that the cardholder has paid the minimum repayment amount.
From 20 17, 12 and 1 day, the new ICBC (Minions) credit card is subject to the "special interest calculation" method stipulated in Article 3 of the Peony Credit Card Collection Contract (Personal Card). If the current repayment amount is not fully repaid before the due repayment date (inclusive), the overdraft transaction (including the repaid part) shall start from the bank bookkeeping date to the repayment date.
(4) Foreign exchange handling fees are exempted for multiple currencies.
Any consumption abroad is zero foreign exchange fee. The currency of the card is 10 foreign currency, including US dollar, Euro, Hong Kong dollar, British pound, Japanese yen, Singapore dollar, Canadian dollar, Australian dollar, Swiss franc and New Zealand dollar.
When the VISA card network is used in the country or region corresponding to 10 foreign currency, it will be recorded directly in the corresponding currency without currency conversion, and the cardholder does not need to pay foreign exchange handling fees. When used in countries or regions other than 10 foreign currency, the foreign exchange handling fee is automatically exempted.
(5) Account security insurance
The cardholder can spend 1 at will in the current month, and the account security insurance covering all ICBC credit cards in the cardholder's name can be given free of charge in the next month. High premium and quick settlement, with a maximum payment of 30,000 yuan. Please refer to ICBC Credit Card Rights Zone in official website for details and claim settlement process. For details, please click.
(6) Other financial services.
Revolving credit, ample interest-free repayment period, personal credit consumption loan, humanized password selection function, installment payment methods such as telephone, POS, counter and online banking, 24-hour online, telephone banking service, electronic reconciliation service and integral feedback plan.
China Industrial and Commercial Bank-Credit Card-Card World-ICBC "Minions" Credit Card