Payment by credit card is automatic. The bank will return the amount deducted from the credit card payment to the cardholder's account within three days after the cardholder completes the transaction, and the cardholder still needs the full price of the goods or services when swiping the card.
Pay attention to the following points when using Bank of Communications credit card:
1. Pay attention to the available scope and validity period when using credit cards, otherwise the rights and interests will be invalid.
2. Credit card payment belongs to the reward right granted by Bank of Communications to credit card holders, and cannot be transferred, traded or cashed. Can not be used to deduct credit card interest, handling fees, etc. And it can't be used to pay credit card bills.
Extended data:
Rules for the use of credit card gold card
1. Each credit card payment shall be used separately within its corresponding amount, available scope and validity period, and shall comply with other special rules (if any) stipulated by Bank of Communications.
The specific validity period, scope of use and other special rules of each credit card payment shall be subject to the terms and conditions of the designated activities of credit card payment and the relevant regulations of Bank of Communications. Please refer to the credit card website of creditcard.bankcomm.com Bank of Communications for details.
2. Within the prescribed limits and other special rules, credit card payment can be used to deduct the transaction principal of all or part of eligible transactions (hereinafter referred to as "designated transactions") that occur when the cardholder uses the credit card account (including the main card or its subsidiary card) for credit card payment.
3. Credit card payment shall be used within its validity period, and the specific use time shall be subject to the transaction time of the designated transaction recorded by the Bank of Communications system. If the credit card payment remains after the expiration, it will automatically become invalid.
4. The Bank of Communications will automatically use a credit card to pay for the background bookkeeping of the designated transaction, and the deducted amount will be credited to the cardholder's account in the form of a return transaction that hedges all or part of the transaction principal of the designated transaction within three days after the designated transaction is recorded. At the time of transaction, the cardholder must still confirm all the transaction principal of the designated transaction, and no deduction is allowed.
5. The cardholder has multiple credit card repayments that meet the specified transaction deduction conditions under the same Bank of Communications credit card, and the multiple credit card repayments can be used to deduct the transaction principal of the same specified transaction; The specific deduction order is, unless the specified activity terms for credit card payment or otherwise stipulated by Bank of Communications,
Priority will be given to card payment with shorter validity period, and all other card payments (if any) under the activities or conditions to which card payment belongs; After all the credit card funds donated under these activities or conditions are used up, if the transaction principal of the specified transaction is not fully deducted, the credit card funds donated by participating in other activities or meeting other conditions will be used again.
When multiple credit cards are used for the same designated transaction, the actual deductible amount will be calculated according to the respective rules of each credit card, which is based on the original transaction principal amount of the designated transaction.
6. Credit card payment is a reward right given to cardholders by Bank of Communications. Under any circumstances, it should not be regarded as cash or cash rights, and it cannot be transferred, traded or cashed, and will not cause any change or influence on the credit limit, available limit and account balance of the cardholder.
Credit card payment can only be used to offset the principal part of the transaction amount of the specified transaction, and may not offset the transaction principal such as interest and handling fees under the credit card of the cardholder's Bank of Communications, nor may it offset any due payable of the cardholder.
References:
Bank of Communications Credit Card-Terms and Conditions of Credit Card Payment Business