Credit card slang: What do "moving bricks", "wool" and "leg hair" mean?

Just like "Zongzi" and "Ghost Blowing Lamp" in Tomb Raider Notes, the credit card industry also has its own argots. In this issue, Mr. Aika will share these argots with you.

Basic common words

Brick

"Brick" specifically refers to 10,000 yuan, and "brick" means depositing money in a bank to obtain a high-end debit card or Credit card placement opportunity. For example, the CMB Golden Sunflower card application requirement is 50 bricks, which means 500,000 yuan.

The term "brick" comes from the appearance of ten thousand yuan, which looks like a red brick.

Wool

Credit/bank card points or activities that can obtain benefits/rights, "wool", that is, through activities to obtain points or use benefits/rights, such as Pudong Development AE The free three-time airport pick-up and drop-off, 9 CITIC points benefits, etc. can all be called "wool".

Wool comes from the sheep, and "gathering the wool" usually requires time or money. Occasionally it is free, and sometimes it is "reversely harvested", which means that the time/money cost is greater than the wool itself.

At present, the concept of "wool" is no longer limited to banks, but has been extended to hotels and airlines, and is divided into "small wool" and "big wool".

Guiyuan

At first it referred to beautiful female bank tellers, and later it generally referred to tellers.

Protection fee

The installment fee or handling fee paid by cardholders in order to apply for a card or increase the limit.

Black Room

Early referred to the VIP room of China Merchants Bank, and later generally referred to the blacklist of cardholders who entered the bank due to cardholders' violation of regulations, refunds, etc., such as the Black Room of China Merchants Bank Houses (temporary quotas cannot be raised, etc.) and Pudong Development’s small black houses (single digit red envelopes), divided into short-term and long-term.

Apply for a card using a card

As the name suggests, you can apply for a card from another bank through the bank card you already hold. If you hold Pudong Development Super White, you can use it as one of the application materials when applying for China Merchants Bank AE White/Private Banking. Similar to this is the term "matching" for hotel membership cards. Holding an SPG Gold Card can match Marriott Gold. Unlike bank cards, such "matching" is done for different hotel memberships of the same company.

Leg Hair Card

A card that uses ATM machines to withdraw cash and then repay the money in exchange for credit card points, such as the "Leg Hair Card" of China Merchants Bank, which waives the formalities for the first cash withdrawal every month Fees - YOUNG card, GQ co-branded card, Weibo master card, etc. You can get 100 points every time you withdraw 2,000 yuan from a single card.

China Merchants Bank's "leg hair stuck" problem has become a last resort since May this year.

Bank

Xiao Zhao-China Merchants Bank

The homophonic pronunciation of "Zhao" is sometimes spoofed as "bad bank".

Aunt Bank-Industrial and Commercial Bank of China

It is said that most of the tellers in other banks are young women. ICBC takes the "Lufthansa" route, and most of the tellers are older women. It is jokingly called "Aunt Bank", and some cardholders also call ICBC "Universal Bank". This is because ICBC once had the highest market value among many banks, so it was jokingly called "Universal Bank". Mr. Aika prefers "Aunt Bank". , seems friendly.

Abolition of Bank - China Guangfa Bank

I have to admire the wonderful idea of ??cardholders, who combined "Guang" and "Fa" into one, and the "Abolition" of Bank was thus Come.

Mr. Aika feels that the term "bank abolition" reflects the low cost performance of China Guangfa Bank's credit cards. However, China Guangfa Bank has made great efforts recently and is a promising stock.

Monkey Bank - Shanghai Pudong Development Bank

Card issuance is arbitrary and irregular. For example, AE is white. Some cardholders can apply online in seconds, while some cardholders have a lot of credit cards, and other banks are high-end. The card application was rejected immediately, so card friends jokingly called it "Monkey" or "Monkey Walk";

Some card friends said that Pudong Development Bank once held a "Great Sage" event and got its name. Mr. Aika even said I like the former expression.

Brick Bank - Bank of China

The credit card limit is provided entirely based on deposits, so it gradually became known as "Brick Bank".

Card Organization

International credit card organization, bank card transfer clearing agency, bank card clearing business refers to the responsibility for multiple banks or franchises engaged in financial business when bank cards are traded across banks. Liquidate funds between institutions (non-financial payment institutions) and assist in completing fund transfers.

There are currently six major card organizations:

VISA International, abbreviated as V

MasterCard International, abbreviated as M

American Express International Co., Ltd. (AmericaExpress), abbreviated as AE

China UnionPay Co., Ltd. (China UnionPay Co., Ltd.) has no English abbreviation. . .

Diners Club

JCB Japan International Credit Card Company (JCB)

Others

There are also some such as LLJ , TD, TX, big chicken, small chicken, etc. will not be mentioned here, everyone can understand them.

Okay, that’s it for this issue’s guide on how to “hack” credit cards for newbies. I hope it can help more novice cardholders get started quickly.

How to make money with Ping An Credit Card

You can make money by paying attention to events and holiday discounts with Ping An Credit Card.

There are many preferential activities for Ping An Credit Card. At the same time, there will be discount coupons for purchases on the e-commerce platform. You can get wool by using the coupons. At the same time, corresponding activities will be launched during holidays every year, usually only You need to pay attention to the event announcements within a week before the festival, get the coupons in advance, and consume before the coupons expire to enjoy preferential prices.

The purpose of credit card activities is to increase the utilization rate of users, so many corresponding consumption discounts will be provided to promote user consumption. While users enjoy the discounts, the consumption amount will also increase.

Please recommend a credit card, one with more wool! ! !

I often use Guangfa Credit Card to earn money, and I recommend it to you. You can accumulate points for daily consumption, and the accumulated points can be exchanged for regular Guangfa Credit Card gifts or designated gifts from China Unicom. There are many preferential merchants located in more than 50 provinces, municipalities and municipalities across the country, including health care, catering, entertainment and leisure, automobile services, department stores and supermarkets, home appliances, jewelry, clothing, beauty salons, and hotels. Twelve categories including travel, tourism, and other categories, reaching more than 2,000 GF credit card discount merchants. There are cooperative merchants in the catering and clothing categories, and there are discounts and points for consumption, as well as airline mileage redemption. Food, drink and fun are indispensable. GF’s Discover Wonderful App allows you to buy 50% discount coupons for big-name food on Fridays. I go to the app on time every Friday to buy them. It’s a good deal!

I would like to ask, how do I get money from Industrial Credit Card? Where to gather?

Download the "Haoxingdong APP". There are many coupons and some hot discounts in it. You can study it.

I heard that Guangfa Bank Card has a lot of money to be harvested. Is it true?

1. Guangfa Bank has weekly activities, such as buy one get one free when buying Starbucks with Guangfa Credit Card

2. Guangfa Credit Card is the first domestic standard issued by Guangfa Bank in 1995 Credit card is also the first credit card to achieve profitability. The card has a preset credit limit in accordance with international standards. Spend first and repay later. No pre-deposit is required. The credit limit can be used for overdraft consumption and cash withdrawal transactions.

The interest-free period for overdraft consumption can last up to 50 days. As long as you repay in full before the repayment due date specified by the bank, you can enjoy the interest-free period from the date of transaction to the date of repayment. Interest-free treatment until the maturity date. The repayment method is flexible. You can pay it off in full or choose the minimum repayment amount to enjoy revolving credit and manage your finances more freely.

Guangfa Card has always adhered to the service concept of "giving you more and seeing further", guided by customer needs, and leading the Chinese credit card market with innovation and market segmentation. As of June 2010, the number of cards issued exceeded 10 million, forming a distinct "widely distributed card model" with simultaneous development of "quality" and "quantity", and becoming a well-known brand in the credit card field. Guangfa Card has successively won honors such as "Top Ten Most Trustworthy Bank Cards in the World/China", "UnionPay Standard Credit Card Market Development Award", and "Asia-Pacific Best Customer Service Award". At the end of 2010, the credit balance of Guangfa Card exceeded RMB 30 billion, the profit growth rate exceeded 80%, and the net profit led the credit card industry. The annual new non-performing rate was less than 1%, and the activity rate, average card income and average card profit were all ahead. peers.

2. Minimum repayment: The annual fee for the main card: the annual fee for the regular UnionPay card is 40 yuan; the annual fee for the gold UnionPay card is 80 yuan.

Annual fee exemption policy: the first year is waived The annual fee for the next year will be waived by swiping the card six times. The annual fee for each card of the MasterCard Titanium Card is 480 yuan. The annual fee is charged in the first year. From the first year, points can be accumulated every year and the annual fee will be waived for the next half year on a rolling basis if you spend 80,000 yuan with the card.< /p>

Cash advance limit: 50% of the credit limit

Interest-free period: 20 days to 50 days

Consumption verification method: signature signature password

Revolving credit interest (daily interest): 0.05% interest per day, minimum charge is 1 yuan

Consumption SMS notification fee: free notification for purchases above 300 yuan, and SMS notification function required for purchases below 300 yuan, the fee is 3 yuan per month

That’s it for the introduction of Credit Card Wool Network.