Is it cost effective to buy money with credit card
Publish: 2021-05-06 07:32:58
1. How to say this? It depends on where you use it and how you use it. Credit card is very easy for me to use! Really, but you must be self-control. The money on your credit card is not yours, but the bank's! This is a small loan, actually very good, let me tell you:
first of all, pay attention to the characteristics of credit card, about 50 days interest free repayment period, more than 50 days after the daily interest of 0.05%, Bill date, repayment date and so on! Tell you about the bill date and repayment date
generally, the interest free period of credit card is about 50 days. For example, your bill date is on the 18th of each month, and the repayment date is on the 6th of each month (the bill date and the repayment date are not necessarily the same for each card). In other words, if you issue a bill on the 18th, you have to pay your debt on the 6th from the 18th of last month to the 18th of last month, The 6th is the 6th of the next month) and the next 6th is the debt from the 18th of last month to the 18th of last month! In fact, it's a little tongue twister, but think about it carefully and you'll understand! Calculate the total number of days. Repayment before the 6th is interest free. If there is no interest, there will be a late fee and interest after exceeding it, which is equal to default, resulting in bad records. Those with too many bad records or large amount or long delay will be blacklisted by the bank. In this way, the bank will no longer deal with you, and all credit related services such as loans will stop for you, There is no way to recover! If it is not listed in the blacklist, it can be returned monthly. If it is used continuously for 2 years (24 months), the original credit record will be covered, and the bank will not be able to find it (the bank can only find the record of 24 months)! Loans will be more! If the bank found a bad credit record, the loan will be very troublesome
as long as the above problems are avoided, the rest of the credit card is good. For example, credit card discounts are available in many places, especially in China Merchants Bank, many activities, and I think the best point is that when you really need to use a little money to turn around, it is the most useful thing, more useful than anything else, with less interest. If you only have 200 yuan now, I want to go home ring the Spring Festival, but I have no money. When I get my salary, I will buy gifts for my family. What can I do if I don't have enough money to go home? If I have a credit card, I can go directly to ATM to get 2000, and it will take about 10 days to go home for a year. If I get my salary back, I can pay it off at one time, or the minimum repayment, it will be enough for emergency, In fact, credit card is used to solve the urgent need. Don't be addicted to it, or you will die
first of all, pay attention to the characteristics of credit card, about 50 days interest free repayment period, more than 50 days after the daily interest of 0.05%, Bill date, repayment date and so on! Tell you about the bill date and repayment date
generally, the interest free period of credit card is about 50 days. For example, your bill date is on the 18th of each month, and the repayment date is on the 6th of each month (the bill date and the repayment date are not necessarily the same for each card). In other words, if you issue a bill on the 18th, you have to pay your debt on the 6th from the 18th of last month to the 18th of last month, The 6th is the 6th of the next month) and the next 6th is the debt from the 18th of last month to the 18th of last month! In fact, it's a little tongue twister, but think about it carefully and you'll understand! Calculate the total number of days. Repayment before the 6th is interest free. If there is no interest, there will be a late fee and interest after exceeding it, which is equal to default, resulting in bad records. Those with too many bad records or large amount or long delay will be blacklisted by the bank. In this way, the bank will no longer deal with you, and all credit related services such as loans will stop for you, There is no way to recover! If it is not listed in the blacklist, it can be returned monthly. If it is used continuously for 2 years (24 months), the original credit record will be covered, and the bank will not be able to find it (the bank can only find the record of 24 months)! Loans will be more! If the bank found a bad credit record, the loan will be very troublesome
as long as the above problems are avoided, the rest of the credit card is good. For example, credit card discounts are available in many places, especially in China Merchants Bank, many activities, and I think the best point is that when you really need to use a little money to turn around, it is the most useful thing, more useful than anything else, with less interest. If you only have 200 yuan now, I want to go home ring the Spring Festival, but I have no money. When I get my salary, I will buy gifts for my family. What can I do if I don't have enough money to go home? If I have a credit card, I can go directly to ATM to get 2000, and it will take about 10 days to go home for a year. If I get my salary back, I can pay it off at one time, or the minimum repayment, it will be enough for emergency, In fact, credit card is used to solve the urgent need. Don't be addicted to it, or you will die
2. Using credit card to buy a house does not involve the problem of violation of regulations. There is no explicit provision in China's law that the credit card limit can not be used to buy a house. Generally speaking, when buying a first-hand house, you can buy a house by credit card. In the process of second-hand housing transaction, as credit card can not be used for transfer, whether the purchase process can be completed through credit card depends on the specific situation. As long as the POS machine of the merchant is legal, the credit card can pay, and there is no violation. Moreover, most cardholders' credit card limit is too small, so there will be no big problem
in the credit card application contract or articles of association of some banks, it is only required that the credit card shall not be used to invest in the stock market, futures market and other markets, and shall not be used for tax evasion, debt evasion, money laundering, cash arbitrage, proction and operation overdraft and other illegal activities. There is no clear explanation on the issue of house purchase
however, a key person of a joint-stock bank's credit card said that the credit card is actually a kind of consumer loan, so banks usually implement it according to the regulations of the regulatory authorities on consumer loan, and it should be illegal to use the credit card to make down payment
obtaining the corresponding funds through credit card can fill the problem of insufficient capital position of some house buyers. Many cardholders don't think so. They think that as long as the credit card funds are paid on time, the risk will not be too great. But this is actually a fluke. If there is a tendency to speculate in real estate, if the house price falls at this time, the motivation and confidence of credit card repayment will actually weaken, and then the risk behind the housing loan will also expand.
in the credit card application contract or articles of association of some banks, it is only required that the credit card shall not be used to invest in the stock market, futures market and other markets, and shall not be used for tax evasion, debt evasion, money laundering, cash arbitrage, proction and operation overdraft and other illegal activities. There is no clear explanation on the issue of house purchase
however, a key person of a joint-stock bank's credit card said that the credit card is actually a kind of consumer loan, so banks usually implement it according to the regulations of the regulatory authorities on consumer loan, and it should be illegal to use the credit card to make down payment
obtaining the corresponding funds through credit card can fill the problem of insufficient capital position of some house buyers. Many cardholders don't think so. They think that as long as the credit card funds are paid on time, the risk will not be too great. But this is actually a fluke. If there is a tendency to speculate in real estate, if the house price falls at this time, the motivation and confidence of credit card repayment will actually weaken, and then the risk behind the housing loan will also expand.
3. How to say this? It depends on where you use it and how you use it. Credit card is very easy for me to use! Really, but you must be self-control. The money on your credit card is not yours, but the bank's! This is a small loan. Actually, it's very good. Let me tell you something:
first of all, pay attention to the characteristics of credit card, the interest free repayment period of about 50 days, the interest of 5 / 10000 per day after 50 days, the bill date, the repayment date and so on! Tell you about the bill date and repayment date
generally, the interest free period of credit card is about 50 days. For example, your bill date is on the 18th of each month, and the repayment date is on the 6th of each month (the bill date and the repayment date are not necessarily the same for each card). In other words, if you issue a bill on the 18th, you have to pay your debt on the 6th from the 18th of last month to the 18th of last month, The 6th is the 6th of the next month) and the next 6th is the debt from the 18th of last month to the 18th of last month! In fact, it's a little tongue twister, but think about it carefully and you'll understand! Calculate the total number of days. Repayment before the 6th is interest free. If there is no interest, there will be a late fee and interest after exceeding it, which is equal to default, resulting in bad records. Those with too many bad records or large amount or long delay will be blacklisted by the bank. In this way, the bank will no longer deal with you, and all credit related services such as loans will stop for you, There is no way to recover! If it is not listed in the blacklist, it can be returned monthly. If it is used continuously for 2 years (24 months), the original credit record will be covered, and the bank will not be able to find it (the bank can only find the record of 24 months)! Loans will be more! If the bank found a bad credit record, the loan will be very troublesome
as long as the above problems are avoided, the rest of the credit card is good. For example, credit card discounts are available in many places, especially in China Merchants Bank, many activities, and I think the best point is that when you really need to use a little money to turn around, it is the most useful thing, more useful than anything, and less interest. If you only have 200 yuan now, I want to go home ring the Spring Festival, but I have no money. When I get my salary, I will buy gifts for my family. What can I do if I don't have enough money to go home? If I have a credit card, I can go directly to ATM to get 2000, and it will take about 10 days to go home for a year. If I get my salary back, I can pay it off at one time, or the minimum repayment, it will be enough for emergency, In fact, credit card is used to solve the urgent need. Don't be addicted to it. Don't squander it. Otherwise, you will die miserably. I don't feel sorry when I swipe the card. I'm very happy when I finish it. I have to cry when I finish it! So people who use credit cards should not be greedy. They should be restrained. They should use it in the right place. In a word, it's self-control! People who have no self-control have better not use it
there are probably so many advantages and disadvantages of credit card. If you don't lack money and don't advocate using it, you can use it when small consumption is beneficial (for example, if you don't have enough money to buy clothes, you can brush it first and then pay it back, but don't just brush the card to buy clothes --! For example, if you eat hot pot, CMB will give you a discount of 8.8% in this store. Hey, brush it! There is a 50 day interest free period for consumption.) So, learn to use! Its value can be reflected
I'm so tired after talking so much. Give me some hard work!
first of all, pay attention to the characteristics of credit card, the interest free repayment period of about 50 days, the interest of 5 / 10000 per day after 50 days, the bill date, the repayment date and so on! Tell you about the bill date and repayment date
generally, the interest free period of credit card is about 50 days. For example, your bill date is on the 18th of each month, and the repayment date is on the 6th of each month (the bill date and the repayment date are not necessarily the same for each card). In other words, if you issue a bill on the 18th, you have to pay your debt on the 6th from the 18th of last month to the 18th of last month, The 6th is the 6th of the next month) and the next 6th is the debt from the 18th of last month to the 18th of last month! In fact, it's a little tongue twister, but think about it carefully and you'll understand! Calculate the total number of days. Repayment before the 6th is interest free. If there is no interest, there will be a late fee and interest after exceeding it, which is equal to default, resulting in bad records. Those with too many bad records or large amount or long delay will be blacklisted by the bank. In this way, the bank will no longer deal with you, and all credit related services such as loans will stop for you, There is no way to recover! If it is not listed in the blacklist, it can be returned monthly. If it is used continuously for 2 years (24 months), the original credit record will be covered, and the bank will not be able to find it (the bank can only find the record of 24 months)! Loans will be more! If the bank found a bad credit record, the loan will be very troublesome
as long as the above problems are avoided, the rest of the credit card is good. For example, credit card discounts are available in many places, especially in China Merchants Bank, many activities, and I think the best point is that when you really need to use a little money to turn around, it is the most useful thing, more useful than anything, and less interest. If you only have 200 yuan now, I want to go home ring the Spring Festival, but I have no money. When I get my salary, I will buy gifts for my family. What can I do if I don't have enough money to go home? If I have a credit card, I can go directly to ATM to get 2000, and it will take about 10 days to go home for a year. If I get my salary back, I can pay it off at one time, or the minimum repayment, it will be enough for emergency, In fact, credit card is used to solve the urgent need. Don't be addicted to it. Don't squander it. Otherwise, you will die miserably. I don't feel sorry when I swipe the card. I'm very happy when I finish it. I have to cry when I finish it! So people who use credit cards should not be greedy. They should be restrained. They should use it in the right place. In a word, it's self-control! People who have no self-control have better not use it
there are probably so many advantages and disadvantages of credit card. If you don't lack money and don't advocate using it, you can use it when small consumption is beneficial (for example, if you don't have enough money to buy clothes, you can brush it first and then pay it back, but don't just brush the card to buy clothes --! For example, if you eat hot pot, CMB will give you a discount of 8.8% in this store. Hey, brush it! There is a 50 day interest free period for consumption.) So, learn to use! Its value can be reflected
I'm so tired after talking so much. Give me some hard work!
4. If it is a credit card of China Merchants Bank, if it is cash advance, there are handling charges and interest: handling charges: RMB cash advance in China, the handling charge is 1% of each cash advance, and the minimum charge is RMB 10 per advance; The handling charge for overseas cash advance is 3% of the amount of cash advance, and the minimum charge is 3 US dollars or 30 RMB per advance (the minimum charge for American Express Centurion black gold card and American Express Centurion platinum card is 5 US dollars or 30 RMB per advance). There is no inter-bank service charge for cash advance
interest: the cash advance does not enjoy interest free repayment. From the date of handling the cash advance to the date of settlement, the interest shall be charged at the rate of 0.05% per day and the compound interest shall be charged monthly.
interest: the cash advance does not enjoy interest free repayment. From the date of handling the cash advance to the date of settlement, the interest shall be charged at the rate of 0.05% per day and the compound interest shall be charged monthly.
5. This is the same question for you... I wrote it to you again...
professionals tell you that... There are no discounts and points for buying a house by credit card... The only advantage is that you don't have to carry cash... Why
reason 1: installment payment... No interest... But you can calculate the service charge... Although it is lower than the interest... It is not much lower... The service charge of every bank is almost the same...
reason 2: withdrawal... Have you calculated the service charge and interest of withdrawal... And you will find that... The banks you mentioned basically have no minimum repayment method of withdrawal To put it bluntly, you have to pay back all the cash you withdraw every month, and you have to pay interest and fees to the bank
professionals tell you that... There are no discounts and points for buying a house by credit card... The only advantage is that you don't have to carry cash... Why
reason 1: installment payment... No interest... But you can calculate the service charge... Although it is lower than the interest... It is not much lower... The service charge of every bank is almost the same...
reason 2: withdrawal... Have you calculated the service charge and interest of withdrawal... And you will find that... The banks you mentioned basically have no minimum repayment method of withdrawal To put it bluntly, you have to pay back all the cash you withdraw every month, and you have to pay interest and fees to the bank
6. It seems that you still don't know about credit cards,
the down payment of 130000 by swiping the card, although it is swiped, there are no points, and it will be returned to the bank one month later. If you don't pay it back, you will be charged interest and late fee
if it's cash withdrawal, the daily interest rate of five ten thousandths is 18% of the alt interest rate. At present, there is no such high interest rate for the payment. Whether it's a good deal or not, do it yourself.. Proposal or mortgage
the down payment of 130000 by swiping the card, although it is swiped, there are no points, and it will be returned to the bank one month later. If you don't pay it back, you will be charged interest and late fee
if it's cash withdrawal, the daily interest rate of five ten thousandths is 18% of the alt interest rate. At present, there is no such high interest rate for the payment. Whether it's a good deal or not, do it yourself.. Proposal or mortgage
7.
If you want to use the credit card well, there are also some tips. Here are some points worth noting:
refuse to use the minimum repayment amount : if you choose the minimum repayment amount, the outstanding part will charge extra interest. Sometimes it may increase the burden on borrowers
choose installment payment business carefully : installment payment solves the repayment pressure, which sounds very good, but it slightly reces your pressure, but the price is more handling charges. If it must be divided by stages, we should remember to understand the cost first
grasp the best time to swipe the card : every credit card has a billing day. If you swipe the card on the first day after the billing day, you can enjoy at least 50 days of interest free period. If you swipe the card on the billing day, you can only enjoy 25 days of interest free period. Master the best card time, you can have a longer interest free period
free annual fee for enough times of swiping : Generally speaking, annual fee is charged for credit cards, but now many banks are exempted from the annual fee for the next year after swiping cards for a specified number of times
Modify credit card account day : modify credit card account day to extend the interest free period for one month. Some bank credit cards have bill day modification service. Cardholders can use this function to modify the bill day of credit card and extend the interest free period for one month
more credit card consumption : the main use of credit card is credit card consumption, which can enjoy a certain period of interest free period, and sometimes there are some concessions. In addition, the annual fee free credit card, the cumulative points are related to the number of times to swipe the card, so we should often use the credit card to swipe the card
repayment in full and on time: if the repayment is overe, the bank will not only charge overdraft interest, but also overe fine, which will cause bad credit and inconvenience for future loan application
only pay back the debt, avoid excessive deposit: the excessive payment of credit card is the part that the credit card holder deposits more after paying off the debt. Credit card deposit will not generate interest, if you want to withdraw it, there will be additional fees (there are a few banks do not charge), it is not cost-effective
take part in more bank activities: many banks have bonus day discount activities, and it is the best way to follow the discount. And after dealing with the bank more, the bank will improve your qualification level, so it is easier to increase the amount
the above is the tips of using credit card summarized by housekeeper, so it is cost-effective to use it! Hope to help you
8. All banks will cooperate with airlines to a certain extent. It is definitely more cost-effective to buy air tickets with credit cards than to buy them directly. In addition to points and mileage, there will also be some other preferential activities -
if you buy air tickets through the business travel channel of Huaxia Credit Card website, you can get extra "business travel money" (similar to cash vouchers), Business travel money can be used as cash to offset the price of air tickets, and can be used when buying special tickets, equivalent to a discount. At the same time, even if the "business travel fund" is used to buy air tickets, it can continue to accumulate its air mileage according to the regulations of various airlines, and the part of cash purchased air tickets will automatically accumulate credit card points. Therefore, when you buy air tickets in Huaxia Credit Card Business Travel link, you can get "business travel gold", "credit card points" and "air mileage" at the same time. It's really cost-effective
let's give you an example:
you bought a special economy class air ticket from Beijing to Guangzhou by swiping your card in business travel link. If you spend 1000 yuan, you will get the following rewards:
reward 1: 1000 yuan ticket consumption = 5 yuan business travel fund
reward 2: you will get 10 yuan through the promotion of "easy journey, multiple good gifts", 000 Huaxia Credit Card points = 20 yuan business travel gold
reward 3: get 953 kilometers of Air China mileage (according to Air China mileage accumulation rules)
in addition, before December 30, 2010, anyone who purchases air tickets in shanglvtong will get 10 times of the ticket transaction value of Huaxia Credit Card points, and 1000 yuan business travel gold will be given randomly in the monthly lottery. It is said that in addition to the monthly business travel lottery, Huaxia Credit card also has a year-end lucky draw. It is possible to get a business travel bonus of 5000 yuan, which is equivalent to the price of a domestic long-distance air ticket.
if you buy air tickets through the business travel channel of Huaxia Credit Card website, you can get extra "business travel money" (similar to cash vouchers), Business travel money can be used as cash to offset the price of air tickets, and can be used when buying special tickets, equivalent to a discount. At the same time, even if the "business travel fund" is used to buy air tickets, it can continue to accumulate its air mileage according to the regulations of various airlines, and the part of cash purchased air tickets will automatically accumulate credit card points. Therefore, when you buy air tickets in Huaxia Credit Card Business Travel link, you can get "business travel gold", "credit card points" and "air mileage" at the same time. It's really cost-effective
let's give you an example:
you bought a special economy class air ticket from Beijing to Guangzhou by swiping your card in business travel link. If you spend 1000 yuan, you will get the following rewards:
reward 1: 1000 yuan ticket consumption = 5 yuan business travel fund
reward 2: you will get 10 yuan through the promotion of "easy journey, multiple good gifts", 000 Huaxia Credit Card points = 20 yuan business travel gold
reward 3: get 953 kilometers of Air China mileage (according to Air China mileage accumulation rules)
in addition, before December 30, 2010, anyone who purchases air tickets in shanglvtong will get 10 times of the ticket transaction value of Huaxia Credit Card points, and 1000 yuan business travel gold will be given randomly in the monthly lottery. It is said that in addition to the monthly business travel lottery, Huaxia Credit card also has a year-end lucky draw. It is possible to get a business travel bonus of 5000 yuan, which is equivalent to the price of a domestic long-distance air ticket.
9. If it is a credit card of China Merchants Bank, you can enjoy the interest free period when you swipe the card. The interest free period means that if you pay off all the consumption money before the final repayment date, you do not need to pay any interest. The time of interest free repayment is from 20 days to 50 days. The length of time will depend on the specific time of your consumption. If your consumption is before the current account date, it will be included in the current account; If it is later than the bill date, it will be included in the next bill and enjoy a longer interest free period.
10. Now I'm going to apply for a credit card. It's not a good deal. With a credit card, all kinds of benefits are not as good as before. If you have money, you don't need to apply for a credit card. If you are short of money, you can spend a small amount. In fact, the best choice is not to use the credit card. How much does it cost.
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