Do you know the popular Apple Card product? About a similar act now with your new credit card a Chinese manufacturer is also trying Xiaomi. So far, however, only customers in China will receive it, and we know the first information.
Xiaomi brings a credit card
The use of credit cards is a relatively common part of everyday life for many consumers, especially during a coronavirus pandemic. Xiaomi is now coming with its own credit card, in collaboration with Discover. The card offers various benefits such as cashback, random rewards, VIP tickets and much more.
Clients of the Chinese bank CITIC Bank can now conclude agreements to acquire their new Xiaomi credit card. Yes, at present it is an exclusive product intended only for the Chinese market.
Credit Card Benefits From Xiaomi
The main advantages of the Xiaomi credit card include a reward of 2% for purchases made by the customer with this card, regardless of the merchant's registered office. In this way, the customer can get a maximum of 20 yuan per day or. up to 50 yuan per month.
There are also random rewards in the form of a refund, so the customer can get a certain amount at any time while using the card. Customers who spend at least 3000, 5000 and up to 18 yuan per month will receive VIP access, which provides VIP services within the Xiaomi ecosystem, but which are only available in China.
China's CITIC Bank offers clients such an opportunity to finance their purchases for 24 months. Clients who sign this credit card agreement will automatically receive a discount code worth 100 yuan to Xiaomi Home or Xiaomi Home stores. Xiaomi Mall, which is a kind of bigger equivalent of our Xiaomi Store stores, which we know from Europe.
Types of credit cards
There are two types of Xiaomi credit cards. The first card is Platinum and costs 480 yuan a year. When signing the contract, the first year is completely free. If you use the card at least 12 times a year, you will also get rid of ongoing fees.
In addition, the platinum card gives you access to VIP lounges at airports, the possibility of withdrawals from ATMs free of charge and also includes certain travel insurance.
The second card is Gold, which costs 200 yuan a year and only needs 5 payments a year to avoid the fee. Even with this card, it will be possible to use random rewards for each purchase over 1 yuan. Both cards are compatible with the AliPay and WeChat platforms, but we emphasize its availability exclusively on the Chinese market for Chinese CITIC Bank customers.
Do you like this new product from Xiaomi? You can easily write us your observations and opinions below in the discussion below the article. Follow our new group on Facebook: Xiaomi Planet - A place for real Xiaomi fans and also our portal Xiaomi Planet and you will learn more.