1 thought on “How to analyze the attitude of such credit cards for foreign bank credit cards”
Renee
At present, credit card costs are becoming more and more common, and Chinese banks have continuously increased their pioneering efforts. Foreign banks have also launched credit cards one after another to develop the Chinese market. Recently, Mr. Zhang, a citizen of Xiaocai, applied for several foreign banks. Like Mr. Zhang, some of the “early tasks” have also begun to be interested in the credit card of foreign banks that seem tall.
[customer group]
In overseas students, high net worth users, early tasted family
for five years of Ms. Liang, I plan to return to the campus, to the campus, to the campus A business school in the United States study. Considering the cost of spending in the United States, before going abroad, she preferred a foreign bank in the United States to apply for a credit card.
The “large and comprehensive” of the target user group of the Chinese bank’s credit card target. The target user group of foreign bank credit cards is often smaller. one.
Who will apply for a credit card issued by foreign banks? The reporter learned from the bank that there are three main categories: one is the international student who intends to go abroad; There is a need for working and living overseas; the third is white -collar workers, gold collar, etc., which have high income and like early adopters. For them, enjoying foreign bank credit cards is also a symbol of identity.
[Difference]
The annual fee for foreign bank credit cards is much higher
” More than half a year, it was found that the credit card of foreign banks was not much different from the credit card of Chinese banks. Yesterday, the reporter interviewed a number of foreign bank credit card holders, and their card experience was similar to Mr. He. For example, in terms of value -added services, it is also a platinum card. Whether it is a foreign bank card or a Chinese bank card, it mainly highlights the mileage, travel rights and interests, and hotel rights.
However, in terms of annual fees, the annual fee of foreign bank credit cards is generally much higher than the annual fee of the same level of credit cards of Chinese banks. Taking Standard Chartered Chengxie Platinum Credit Card as an example, the annual fee of the main card is 2,500 yuan. According to the announcement of Standard Chartered Bank (China) Co., Ltd., only the Card RMB and the US dollar spent a total of 150,000 yuan in the year, can the annual credit card fee of the next year be exempted. In addition, the annual fee of the card will not be exempted.
and the same Platinum card. The main card annual fee of China Merchants Bank UnionPay Platinum Credit Card is 800 yuan. The first year is free of charge. Annual fee.
Why are the annual fees of foreign credit cards from foreign banks? Industry insiders said that annual fee income has always been an important part of foreign bank credit card income structure.
Mucheng opinion: “Foreign banks have fewer outlets, and online services are not as complete as domestic commercial banks.” Support WeChat or Alipay repayment. In addition, the activities of foreign credit cards are mainly concentrated in business travel and overseas expenses, and there are not many daily expenses.
The industry generally believes that for consumers, it is not necessary to blindly “catch up with fashion” and apply for foreign bank credit cards. Instead, it is necessary to combine their own needs to prefer credit card products.
At present, credit card costs are becoming more and more common, and Chinese banks have continuously increased their pioneering efforts. Foreign banks have also launched credit cards one after another to develop the Chinese market. Recently, Mr. Zhang, a citizen of Xiaocai, applied for several foreign banks. Like Mr. Zhang, some of the “early tasks” have also begun to be interested in the credit card of foreign banks that seem tall.
[customer group]
In overseas students, high net worth users, early tasted family
for five years of Ms. Liang, I plan to return to the campus, to the campus, to the campus A business school in the United States study. Considering the cost of spending in the United States, before going abroad, she preferred a foreign bank in the United States to apply for a credit card.
The “large and comprehensive” of the target user group of the Chinese bank’s credit card target. The target user group of foreign bank credit cards is often smaller. one.
Who will apply for a credit card issued by foreign banks? The reporter learned from the bank that there are three main categories: one is the international student who intends to go abroad; There is a need for working and living overseas; the third is white -collar workers, gold collar, etc., which have high income and like early adopters. For them, enjoying foreign bank credit cards is also a symbol of identity.
[Difference]
The annual fee for foreign bank credit cards is much higher
” More than half a year, it was found that the credit card of foreign banks was not much different from the credit card of Chinese banks. Yesterday, the reporter interviewed a number of foreign bank credit card holders, and their card experience was similar to Mr. He. For example, in terms of value -added services, it is also a platinum card. Whether it is a foreign bank card or a Chinese bank card, it mainly highlights the mileage, travel rights and interests, and hotel rights.
However, in terms of annual fees, the annual fee of foreign bank credit cards is generally much higher than the annual fee of the same level of credit cards of Chinese banks. Taking Standard Chartered Chengxie Platinum Credit Card as an example, the annual fee of the main card is 2,500 yuan. According to the announcement of Standard Chartered Bank (China) Co., Ltd., only the Card RMB and the US dollar spent a total of 150,000 yuan in the year, can the annual credit card fee of the next year be exempted. In addition, the annual fee of the card will not be exempted.
and the same Platinum card. The main card annual fee of China Merchants Bank UnionPay Platinum Credit Card is 800 yuan. The first year is free of charge. Annual fee.
Why are the annual fees of foreign credit cards from foreign banks? Industry insiders said that annual fee income has always been an important part of foreign bank credit card income structure.
Mucheng opinion: “Foreign banks have fewer outlets, and online services are not as complete as domestic commercial banks.” Support WeChat or Alipay repayment. In addition, the activities of foreign credit cards are mainly concentrated in business travel and overseas expenses, and there are not many daily expenses.
The industry generally believes that for consumers, it is not necessary to blindly “catch up with fashion” and apply for foreign bank credit cards. Instead, it is necessary to combine their own needs to prefer credit card products.