Pay Bao Jingdong white stripe overdraft and credit card overdraft which is good?

Pay Bao Jingdong white stripe overdraft and credit card overdraft which is good? With the "Jingdong White Stripes", "flower" and other "on-the-go" service has been released, the road capital has also been entering the consumer financial market, a time consumer overdraft consumption of the battle smoke more and more thick. Similar to the bank's credit card service, "charge consumption" is also the first consumption after payment, and all have a certain interest-free period, so that the online shopping "chop hand clan" do not need for a moment to gather money and distress. This means that there is one more option to spend in advance than a bank credit card. So what is the difference between these e-commerce and credit cards in terms of interest-free period, credit limit, and overdue rates? You might as well make a comparison.

I. Scope of consumption

E-Commerce product consumption range is limited, growth is not to be overlooked

Ali has a cat, Amoy, Poly, Jingdong Jingdong Mall, Suning has suning easy to buy, e-commerce giant to do consumer finance has natural advantages: backed by its own consumption scene, consumer finance business can find users accurately, first of all, to eliminate the search for new users of the large marketing run. Moreover, based on the user's consumption in the e-commerce platform, the data can be traced, and the wind control will be easier to do.

At present, the majority of Tmall and Taobao merchants and merchandise support the "Flower Bai" service, in addition, such as the handle net, Meizu, when, Silver Thai network, Oriental shopping, Haier Mall and other external sites also support its services.

"Jingdong White Stripes" will only support the purchase of Jingdong Mall self-products, temporarily do not support third-party sellers products, nor support the purchase of virtual products.

Suning currently launched two consumer loans, one is "willful pay", the other is "change loan." "Willful pay" shopping loan support suning entity stores and suning easy to buy all products except virtual goods, while "willful pay" also support new hundred, Yanghe, the first-hand and other special merchants. "Change Loan" the scope of use is quite broad, at present Suning easy to buy computer end all physical goods can use "change loan" payment, in Suning easy to buy mobile phone side shopping using easy Alipay cashier will also realize "change loan" payment.

and the physical credit card use a wide range, all have UnionPay logo ATM and POS machine can use credit cards, but also through online banking transactions online, basically covers all of our daily life can be involved in all areas of consumption.

Compared with the mature credit card products, in the scope of use, e-commerce charge consumer products there is still a big gap. However, Romingxiong, director of the Internet Finance Institute of Shanghai Jiaotong University, said before the media interview that the credit products launched by e-commerce are also limited to online consumption, but with the expansion of user size, the application scenario may be moved to the offline, when the bank's card installment, consumer loans and other business will be impacted.

Second, the amount of credit

Credit cards up to millions, e-commerce "cautious"

In terms of credit, "flower" gives the amount of consumer loans ranging from 1000 yuan to 30,000 yuan. Need to pay attention to IS, pay treasure "Flower Bai" with the day cat installment, Day Cat first try to buy, Taobao first buy after pay service share a consumption quota, users use any one, will occupy consumption quota.

and "Flower Bai" has the same function and Jingdong Mall launched the "Jingdong White Stripes." Jingdong will be the user in Jingdong on the consumption record, distribution information, return information, shopping evaluation data such as risk rating, each user will receive the corresponding credit limit, "Jingdong white" credit limit is generally around 3000-5000 yuan, the highest also has 15,000 yuan.

"Wayward pay" is up to 200,000 yuan, this quota directly opened the consumption scene, which is also the Suning platform pick-up price higher transaction demand decision.

Suning "Change Treasure" more special, as long as in the account into a certain daily online shopping or financial funds, you can apply to open change loan service, in the shopping first frozen shopping, 30 days after the account will be the corresponding amount of shopping automatically deducted, so that consumers both buy the right products, but also can enjoy more than 30 days of financial benefits. The maximum amount to apply for a "change loan" is $50,000, but only if there is an equal or excess financial fund in the account.

Physical credit cards are a lot more generous, the amount of physical credit cards is closely related to the issuing bank, different categories of customers in the same bank apply for the same credit limit. The higher the user's encumbered assets and income, the higher the credit limit, the general user's first application credit line range is 3000 to 100,000 yuan, the high-end customer can reach hundreds of thousands of, even million yuan, the user can also apply for the provisional amount, the overall higher than the "credit" products launched by the e-commerce.

In terms of credit lines, e-commerce has not reached the credit line of the credit card. From the credit line, traditional credit cards still occupy a relatively large advantage. It may be that countless users have discovered it, just a new form of micro-credit card.

　Third, interest-free period

Credit card full penalty, e-commerce more "human"

For the interest-free period of the consumer, the "Flower Bai" set the monthly 10th as a fixed repayment date, plus the time to confirm the receipt, the maximum interest-free period of 41 days. The "Jingdong white stripe" has a maximum of 30 days of interest-free period and 3-12 months installment in two different ways.

Suning easy to buy "willful pay" can be 30 days of interest-free (fee), 30 instalments of designated goods (0 first pay, 0 interest, 0 handling fee), the longest period reached 5 years. "Change Loan" is equivalent to "credit" for 30 days.

Bank Credit card Most interest-free period is 20 days to 50 days, individual banks such as ICBC, GF, bocom more than 56 days of interest-free period. In comparison, e-commerce's "credit" interest-free period is equivalent to the normal level of interest-free period.

In respect of overdue penalty, the "flower" consumer exceeds the deadline to pay the "open account", the amount of the current period of non-payment of five out of 10,000 to pay the daily rate, relative to the domestic banks generally in accordance with the full five out of 10,000 of the bill to the full penalty, "flower Bai" interest more reasonable and fair. In addition, "Flower Bai" launched a thoughtful service, if the consumer occasionally forget repayment, can be overdue within 3 days after the repayment is completed, call 95188 Customer Service Hotline, apply for elimination of overdue records.

"Jingdong White Stripes" interest is lower than the bank, is currently in accordance with three out of 10,000 received, nor is the full penalty. The fee for installment payment is 0.5% per issue, and the rate is more pro-people than domestic bank credit card.

"Willful pay" general merchandise monthly staging fee of 0.498%, the current "flexible use" free of interest, the monthly staging fee of 1%, overdue liquidated damages also for 0.05%/day. For "Coin loan" users, there is no need to worry about overdue and rate issues, because when the "change loan" payment, the balance of funds in the account will be frozen for 30 days as a pledge guarantee.

Credit card interest-free period is long, but overdue not only to charge five out of 10,000 per day, and the vast majority of the current bill full penalty, there is a late fee "punishment." Overall, the e-commerce "credit consumption" penalty than the card "gentle".

　Iv. Reminders

E-commerce credit record is also affected by the expiry of the money

A variety of personal consumer loan products, for consumer shopping provides a great convenience. But there are banks of financial experts to remind consumers, the use of "Jingdong white", "flower" of "credit consumption" service, in fact, and the use of bank credit cards, the expiry of no repayment, is a breach of the act. If the default, will have a certain impact on the user's credit record, will leave a bad credit record. With the wide application of the network credit system, the end result will have a very serious adverse effect on consumers.

Therefore, consumers should think twice before "credit consumption", and then carry out related consumer loans after knowing their solvency.

At the same time, in the selection of these early consumption of financial products, pay attention to the loan interest and service fees, repayment period and other information, usually the lower the first payment, the longer the loan period, the corresponding interest and service charges will be relatively high, should pay attention to the latest repayment date and early repayment of the existence of liquidated damages and other provisions.