What is the use of credit card points?

Credit card points will be generated by using credit card consumption, and the accumulation of credit card points is also very important. For example, annual fees can be reduced, gifts can be exchanged, event sweepstakes can be held, and coupons can be exchanged.

1, annual fee reduction

After the credit card is activated, there will be an annual fee. How many transactions do you need each year to get rid of the annual fee? The annual fee for platinum cards and above is higher, and the annual fee-free requirement is higher. The points accumulated by using credit cards can be used to reduce the annual fee and enter the bank APP to complete the exchange procedures.

Step 2 exchange gifts

Almost all the credit cards of major banks have introduced credit card integral mall. Cardholders can log in to integral mall and exchange credit card points for desired gifts, product coupons, etc. , which can be in kind or a video member.

3. Redeem air miles

Some credit card points for business trips can be exchanged for air miles, and then deducted by reducing the purchase amount.

4. Overall oil change

For example, the points generated by CCB owners' credit cards can be exchanged for gasoline. In addition, credit cards such as owner cards and car cards launched by other banks basically have the activity of changing points for gasoline. Cardholders should always pay attention to the news of official website.

5. Points draw

Credit card points can be withdrawn in the credit card mall. For example, the credit card points of China Merchants Bank can extract electronic products in the mall, and the credit card points of Industrial Bank can collect products such as mobile phones and air purifiers.

Step 6 deduct coupons

These credit card points generally need to be used in designated businesses. For example, CITIC Bank launched a 9-point redemption campaign for Pizza Hut vouchers in 30 yuan, and Huaxia Bank launched a redemption campaign in JD.COM. COM's full and reduced vouchers.

7. Cash points

Credit card points here are not cashed directly. You can exchange goods in the credit card mall and then buy and sell them into cash, but there will be some discounts for third-party trading.

Extended data:

In order to encourage customers to spend, banks make a fuss about credit cards. In addition to various value-added and preferential services, the biggest similarity is "points". When a customer swipes a card, the bank will score points according to the customer's consumption amount. The standard given by most banks is flower 1 yuan currency product 1.

Customers can use the accumulated "points" to exchange gifts and offset consumption at the bank. But many customers forget to use these points for one reason or another after spending. There is no problem with the points that can be saved permanently, but it is a pity that some banks will automatically "clear" the points after one or two years.

References:

Buying and selling credit card points-Baidu Encyclopedia