What is a credit card? What is xem bóng đá trực tiếp vtv2 current annual fee for credit card in Vietnam?

Hello, Lawnet would like to answer as follows:

1. What is a credit card?

According to xem bóng đá trực tiếp vtv2 provisions of Clause 4, Article 3 ofxoilac tv trực tiếp bóng, credit card means a card that authorizes its holder to conduct card transactions within xem bóng đá trực tiếp vtv2 credit limit granted under xem bóng đá trực tiếp vtv2 agreement with xem bóng đá trực tiếp vtv2 card issuer. This means that xem bóng đá trực tiếp vtv2 credit card will be linked to xem bóng đá trực tiếp vtv2 bank and xem bóng đá trực tiếp vtv2 customer will be able to borrow an amount of money within xem bóng đá trực tiếp vtv2 allowed limit to shop, spend and pay instead of cash and at xem bóng đá trực tiếp vtv2 end of xem bóng đá trực tiếp vtv2 term will have to fully return it to xem bóng đá trực tiếp vtv2 bank. xem bóng đá trực tiếp vtv2 number of limits granted depends on xem bóng đá trực tiếp vtv2 customer's credit history and income level.

How many types of credit cards are there?

There are 2 types of credit cards including:

- Domestic credit card: A type of card that can only be used for domestic payments.

- International credit card: A type of credit card that can make domestic and international payments directly without needing to exchange cash.

Thus, credit cards will help customers conveniently and easily pay for shopping expenses at supermarkets, through websites that integrate online payment methods, pay bills or book airline tickets...

2. What is xem bóng đá trực tiếp vtv2 current annual fee for credit card in Vietnam?

Annual fee is a card-related fee that is collected annually to maintain xem bóng đá trực tiếp vtv2 card account and receive benefits from xem bóng đá trực tiếp vtv2 card. When you open a card, this fee will begin to be charged.

According to Article 91 of xem bóng đá trực tiếp vtv2Law No. 47/2010/QH12 xoilac tv trực, interests and charges in business activities of credit institutions are regulated as follows:

- Credit institutions may fix and shall publicize deposit interest rates and service charge rales applied in their business activities.

- Credit institutions and their clients may agree on interest rates and credit extension charges to be applied to their banking operations according to law.

Note:In case banking operations experience abnormal developments, in order to assure safety for xem bóng đá trực tiếp vtv2 credit institutions system, xem bóng đá trực tiếp vtv2 State Bank may provide a mechanism for determining charge and interest rates applicable to business activities of credit institutions.

According to xem bóng đá trực tiếp vtv2 instructions in Clause 1, Article 5 ofxoilac tv trực tiếp bóng, credit card service fees as follows:

- Only card issuers are permitted to collect fees and charges from cardholders. Each card issuer must collect fees and charges according to its own schedule of card service fees and charges and must not collect any additional type of fees/charges not mentioned in xem bóng đá trực tiếp vtv2 announced schedule of card service fees and charges.

- xem bóng đá trực tiếp vtv2 schedule of card service charges must specify types of fees and charges applicable to every card and card services.

- xem bóng đá trực tiếp vtv2 schedule of card service fees and charges of card issuers must comply with regulations of law, be posted publicly and provided for cardholders before its application and upon any change to this schedule.

- Types of notification and supply of information of those charges to cardholders must be specified in xem bóng đá trực tiếp vtv2 agreement on card issuance and usage.

- A period of at least 7 days is required for xem bóng đá trực tiếp vtv2 application of any change of xem bóng đá trực tiếp vtv2 service charges from xem bóng đá trực tiếp vtv2 date on which it is informed and such period must be specified in xem bóng đá trực tiếp vtv2 agreement on card issuance and usage.

At xem bóng đá trực tiếp vtv2 same time, according to xem bóng đá trực tiếp vtv2 provisions of Point dd, Clause 1, Article 13 ofxoilac tv trực tiếp bóng, an agreement on card issuance and usage must contain regulations on fees and charges (types and changes of fees and charges)

However, xem bóng đá trực tiếp vtv2 cardholder has xem bóng đá trực tiếp vtv2 right to complain and xem bóng đá trực tiếp vtv2 card issuer is responsible for resolving and responding to xem bóng đá trực tiếp vtv2 cardholder's complaint. (According to Article 20 ofxoilac tv trực tiếp bóng)

Thus, according to xem bóng đá trực tiếp vtv2 above regulations, xem bóng đá trực tiếp vtv2 credit card annual fee will be decided by xem bóng đá trực tiếp vtv2 credit institution and publicly posted, and xem bóng đá trực tiếp vtv2 credit institution and customer have xem bóng đá trực tiếp vtv2 right to agree on xem bóng đá trực tiếp vtv2 interest rate and related service provision fees. Customers have xem bóng đá trực tiếp vtv2 right to complain if xem bóng đá trực tiếp vtv2 fee is unreasonable, and xem bóng đá trực tiếp vtv2 credit institution is responsible for resolving it.

Current credit card annual fees at banks in Vietnam

(This fee is for reference only)

- xem bóng đá trực tiếp vtv2 current annual credit card fee at banks ranges from 100,000 VND to 500,000 VND/year, depending on xem bóng đá trực tiếp vtv2 card type, issuing bank, and card class.

- First year credit card annual fee:In general, banks waive xem bóng đá trực tiếp vtv2 first-year annual card fee for customers. However, some banks may have preferential programs, waiving xem bóng đá trực tiếp vtv2 first year's annual fee for some specific customers, such as:

+ Customers whose spending revenue reaches a certain level in xem bóng đá trực tiếp vtv2 first year

+ Customers have credit cards sponsored by businesses

+ Customers with credit cards issued for special occasions

- Credit card annual fee for xem bóng đá trực tiếp vtv2 2nd year onwards:xem bóng đá trực tiếp vtv2 credit card annual fee for xem bóng đá trực tiếp vtv2 2nd year onwards will be calculated according to xem bóng đá trực tiếp vtv2 customer's card class.

Note: xem bóng đá trực tiếp vtv2 higher xem bóng đá trực tiếp vtv2 card level, xem bóng đá trực tiếp vtv2 higher xem bóng đá trực tiếp vtv2 annual fee

- Annual fee by card class:

+ Sacombank: Standard Sacombank Visa/MasterCard credit card annual fee is 299,000 VND/year.

+ Vietcombank: Standard Vietcombank Visa/MasterCard credit card annual fee is 200,000 VND/year.

+ Vietinbank: Standard Vietinbank Visa/MasterCard credit card annual fee is 120,000 VND/year.

+ VPBank: Standard VPBank Visa/MasterCard credit card annual fee is 250,000 VND/year.

Best regards!

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