The United States has lost the convenience of Alipay when going out to the United States. If you want to get rid of the stink of small coins and US dollar bills, bank cards are your most convenient choice. And in addition to debit card, credit cards are well worth adding.

🗣The first card opening guide, let's talk about the benefits of credit cards in detail!

👀  Why open a credit card?

One of the best things about a credit card is the great sign-up bonus.

Rewards come in the form of cash, miles, and the credit card company's own points.

1.Cash, bonus (bonus)

bonusGenerallystatement creditGo back to the account. Example: Your credit card balance is $500, and the sign-up bonus is $100, when $100 post is in your account, you only have Need to pay back $400. Of course, it is also possible that you only owe $50, with$100 After the reward, the balance of the account will become negative (positive Indicates arrears), at this time you can requestcheque to the credit card company, and put the negativebalance part is withdrawn. Sometimes cash can also be directly withdrawn as a check or exchanged for a gift card.

Small companies usebonus to attract high volume customers, and now I understand the comparison Common banks have varying degrees ofbonusoffered to customers.

ChaseBank, new users will provide 100< span class="s2">dollarsbonus. But there is one thing you need to pay attention to! If an old user invites you to open a card, there will be 300USD per personbonus! (You can google refer a friendsee the specific policy)

DiscoverBanks None Annual fee to open the card, if old users invite you can get 50US dollarsbonus.

2.Miles

Miles can usually only be redeemed for airline tickets with the appropriate airline. Accumulating the credit card company's own points is relatively more flexible. You can withdraw cash, exchange for gift cards, exchange for hotels, and exchange for airlines. Cash withdrawal is generally 1:1, which is 1 one point corresponds to1 cent; if you choose a suitable hotel or airline to redeem, you can Maximize the value of utilization points and achieve1:1-1:4or even higher.

CitiBanking Open Card3monthly spend2500USD will give you5wmiles.

2. Cashback on consumption, add up

Cashback takes the same form as a sign-up bonus, usually cash, miles, and the credit card company's own points.

The percentage of cash back varies from card to card:

Have 5%cashback on different types of purchases each quarter, such as < /span>boa,chase freedom, discover, it is also more suitable for beginners to consider first;

Haseverythinga certain percentage of cash back, such asciti double cashmeans that all purchases are 2%Cashback;

Airline and hotel credit cards usually have a higher percentage of cash back on your own airline and hotel purchases.

A minimum of 1%cash back is available on any credit card, i.e. Every time you spend $100save$1, these cash back will soon add up and be redeemed for cash or free air tickets and hotel!

(This is what the little fairy savedcash back!)

If that wasn't tempting enough, check this out!

3. Credit card benefits

The benefits of each credit card need to be analyzed in detail. Here are a few of the most commonly used ones:

Price match: After you buy an item, its price drops, you can ask the company for the credit card used for the purchase

Warranty extension: The goods you buy (especially electronic products) come with a certain period of warranty. Using a credit card to checkout can extend the warranty period. The warranty fee after the merchant's warranty period is exceeded by credit card company.

Car Rental Insurance: Credit cards issued in the United States generally offer rental car insurance benefits, so there is no need to purchase from a rental car company.

Trip Delay/Cancellation Protection: Your trip (such as a flight) is cancelled or delayed, subject to certain conditions (For example, how many hours the flight is delayed), you can claim the credit card company that bought the ticket.

The above is the first issue of the strongest card opening guide in the United States!