Easy Consumption - Sincere service, receive extra-value
As the saying goes, "East or west, home is the best." Even in a globalized world like today, there are still many inconveniences to travel, especially go abroad. IB Easy Consumption brings you extraordinary travel experiences with sincere service, and let you enjoy convenient and favorable consumption benefits.
By working with its global partners, IB Easy Consumption allows you to enjoy easy credit-card consumption and withdrawal aboard, and also provides other sincere services such as consumption privileges, reservation of start hotels, and payment for emergency.
[Services]
With Natural Life wealth management card, you can withdraw or inquiry at UnionPay labeled ATM machines in countries and regions like mainland China, Hong Kong, Macau, South Korea, Thailand and Singapore and can also swipe cards for consumption at UnionPay labeled POS machines.
[Service Features]
1. Safe and convenient consumption with card, dispense with inconvenient of carrying large amount of cash
2. Enjoy special discounts when shopping at IB designed merchants;
3. Consumption all day long with IB wealth management card;
4. Participate bonus points activities from consumption with IB wealth management card;
5. IB also works strategic partners like chain stores, insurance companies to launch joint featured wealth management card for targeted consumers, which offer all financial services from IB and membership preferential services.
[User's Guide]
Which IB wealth management card can be used abroad?
Only IB wealth management card with "UnionPay" logo can be used abroad with no need to activate. If your wealth management card is non-UnionPay card, you can apply for a new card at IB's outlets. IB wealth management card can be used abroad in the same way as in mainland China, i.e. you still need to enter password for consumption at POS and withdrawal or inquiry at ATM, and sign at sales slip for consumption at POS.
Where can I use such cards?
You can use such cards at large department stores, brand boutiques, jewelry, AV appliances, fashion clothes and cosmetics stores in important tourist hotspot of countries and regions available. Please visit www.cib.com.cn to check overseas ATM outlets, appointed stores and privileges of IB wealth management card.
Is there any risk of currency exchange rate from overseas consumption?
For consumption abroad with IB wealth management, withdrawal at ATM and consumption at POS will be transacted with local currency. In settlement, your consumption amount will be converted into RMB by UnionPay at official exchange rate of transaction day announced by our country. The converted consumption amount in RMB will be deducted from your RMB current account in real time. As long as you have enough RMB current deposit in your wealth management card, you can be assured to use and assume no risk in exchange rate.
If I have foreign exchange deposit in my wealth management card, will you deduct consumption amount from foreign exchange account directly?
No matter if you have foreign exchange deposit in your card or not, all your consumption transacted abroad will be deducted from the balance of your RMB current account.
What kind of limitations are there for using cards abroad?
According to rules of PBC, UnionPay card should be used abroad for travel-related consumption; cash withdrawal at overseas ATM per day should not exceed an amount equivalent to 5,000 RMB, and transfer and/or withdrawal at bank's counters or withdrawal at POS are not supported. For withdrawal at overseas ATMs, there is no limitation on number of times, but the limitation on accumulated withdrawal amount per day shall apply. For consumption at POS, there is no limitation on number of times; cardholders can go shopping at ease as long as they have enough balance in their card, except for limitation and forbidden transaction at special merchants (such as gambling) as stipulated by our country.
What should I do if I lost wealth management card or have my card being confiscated by ATM abroad?
If you lost your wealth management card by accident, please report for loss orally by calling 95561, and go through written formalities of report and replacement when you come back to mainland.
If your wealth management card is being confiscated by ATM, please keep the slip and remember the telephone of the ATM, and go to the outlet governing such ATM to pick up your card in 3 days(in case of festival or holiday, it shall be postponed accordingly) with your valid identity card (passport, travel pass between the inland and HK/Macau or ID card). If you don't have enough time to pick up your card, don't worry. Local banks will destroy your confiscated cards after 3 days and all you need to do is to apply for reissuance of a new card after coming back to mainland.
[Favorable Rate]
No handling fee will be charged for consumption at POS abroad with IB wealth management card.
16 RMB will be charged for each withdrawal at overseas UnionPay-labeled ATMs, and 2 RMB for each inquiry.
Hotel Reservation
By calling toll free 800-820-6666, you can reserve hotel rooms of big and medium-sized cities across the country and enjoy 70% to 30% off (over 1,000 2-star to 5-star hotels in more than 200 cities).
China Unicom
With Natural Life wealth management card, you can use 17910 IP phone, 193 long-distance call and 165 internet access on any telephone and enjoy 40% off of long-distance telephone charge.
[Friendly Notes]
By calling 1017919 (or 193300 and press 2#), you can activate account for 17910 IP phone, 193300 long-distance telephone and 16500 internet access and set password of 4 digits, then transfer integer multiples of 10 yuan from wealth management card into telephone or internet account.
After activation, you can operate long-distance telephone according to voice prompt by calling 17910 for IP phone or 193300 for long-distance phone.
While the balance is insufficient, you can call 1017919 (or 193300 and press 2#) to recharge.
Emergency payment
In case of losing IB Natural Life wealth management card, black gold cardholders can apply for "emergency payment" service at local outlet of IB and receive capital to address pressing needs.
[Friendly Notes]
You have to report the loss of wealth management card (while in travel, do it orally by telephone banking) before applying for emergency payment from IB.
You have to present your valid ID card for emergency payment;
You can withdrew cash after IB verified your identity and balance of account;
Emergency payment is limited to one time only, and the amount shall be capped at 5,000 yuan;
Emergency payment service is available for black gold clients of Natural Life wealth management card only.
All rules are subject to the announcement at our outlets. No further notice will be provided on any change.
Counter Pass - Inter-bank transaction as you wish
Have you ever felt frustrated with tedious formalities and low efficiency of transfer between different banks? IB Counter Pass provides various convenient and safe inter-bank services free of charge to save unnecessary formalities.
Relying on UnionPay network and interconnected system with other cooperative financial institutes, IB Counter Pass allows users of Natural Life wealth management card to conduct RMB deposit, withdrawal and inquiry in other banks' outlet free of charge; in the meantime, clients holding other banks' debit card or RMB current savings passbook can also conduct such businesses in IB's outlets.
[Service Features]
You can conduct deposit and withdrawal at any connected bank's outlet with another bank's card or passbook, and enjoy convenient, fast, safe and effective service. The service is free of charge.
[Business Application]
No application is needed for IB Counter Pass. The procedure is the same as existing procedure of deposit or withdrawal with bank cards or passbook at outlets.
Counter Pass is available in following areas at present:
Branches |
Connected Banks |
Nanjing |
SPD Bank (Nanjing, Wuxi, Nantong, Jiangyin), China Minsheng Bank (Nanjing Branch), Shenzhen Development Bank (Nanjing Branch), Bank of Nanjing, Wuxi City Commercial Bank, Nantong City Commercial Bank, Lianyungang City Commercial Bank, Huaian City Commercial Bank, Zhenjiang City Commercial Bank, Jingjiang Changjiang Urban Credit Cooperative, Wujiang Rural Commercial Bank, Dongwu Rural Commercial Bank |
| Chongqing | Bank of Chongqing |
| Guangzhou | Guangzhou branches of joint-stock commercial banks such as China Minsheng Bank, China Everbright Bank, SPD Bank, Huaxia Bank and China Merchants Bank |
| Shanghai | Shanghai branches of joint-stock commercial banks such as Shenzhen Development Bank, Huaxia Bank, CITIC Industrial Bank, China Minsheng Bank, China Merchants Bank and China Guangfa Bank. |
| Shenyang | CCB Liaoning Branch, Shenyang branches of joint-stock commercial banks such as China Merchants Bank, CITIC Industrial Bank, SPD Bank, Huaxia Bank, China Everbright Bank and China Guangfa Bank |
| Hangzhou | Hangzhou branches of joint-stock commercial banks such as Bank of Communications, CITIC Industrial Bank, SPD Bank, Huaxia Bank, China Guangfa Bank, Shenzhen Development Bank, China Merchants Bank, China Minsheng Bank and China Everbright Bank, Hangzhou, Ningbo, Wenzhou, Jiaxing, Huzhou, Shaoxing, Jinhua and Taizhou commercial banks and Zhejiang Tailong Urban Credit Cooperative. |
| Chengdu | Chengdu branches of joint-stock commercial banks such as CITIC Industrial Bank, SPD Bank, Huaxia Bank, China Minsheng Bank, China Everbright Bank and Shenzhen Development Bank |
Jinan |
Jinan branches of joint-stock commercial banks such as CITIC Industrial Bank, Evergrowing Bank, SPD Bank, China Minsheng Bank and Shenzhen Development Bank, and Linyi Commercial Bank, Zibo Commercial Bank, Bank of Weifang, Bank of Rizhao, Weihai City Commercial Bank |
| Ningbo | Hangzhou, Ningbo, Wenzhou, Jiaxing, Huzhou, Shaoxing, Jinhua and Taizhou commercial banks and Tailong Urban Credit Cooperative in Taizhou |
All rules are subject to the announcement at our outlets. No further notice will be provided on any change.
Easy Pay - Easy payment, no more trifles
Have you ever faced water and electricity out of supply when you finished a busy day? Such embarrassment can be avoided. IB Easy Pay provides various agent payment services and methods concerning various aspects of daily life, which enables you to avoid any troublesome in payment and makes life easier!
[Service Features]
Comprehensive methods: you can pay various miscellaneous fees via IB's outlets, telephone banking, internet banking or SMS platform anytime anywhere.
Extensive coverage: it covers every aspects of daily life, including mobile phone bill, landline telephone bill, PAS bill, internet access fee, electric bill, water bill, gas bill, oil bill, tuition fee, property management fee, insurance premium and tax.
Please consult agency payment relations between local branches of IB and various fee collecting organizations about the details of payment.
Payment can be entrusted: you can choose self-service payment by inquiring the bill first and then confirming to pay; or entrust IB to pay on your behalf by signing agency payment agreement with IB.
Payment can be appointed: you can set a time point to pay bills automatically via IB's outlet or internet banking.
Payment can be more clarified: bills and invoices could be printed and delivered for your reference and planning for living expenses.
You can enjoy agency payment service from IB by establishing agency payment entrustment to designate a fee collecting account with your Natural Life wealth management card or current passbook.
[Friendly Notes]
If any payment item needs to be added or deleted, you can handle it at banks and change will become effective immediately.
You can inquiry details about agency payment, print statements, transfer funds or other services at IB's outlets, internet banking, 95561and self-service equipments such as ATM of IB and financial self-help machine.
All rules are subject to the announcement at our outlets. No further notice will be provided on any change.
Easy Interest – Roll over automatically, enjoy rich interest
Even without elaborate calculation, you can still acquire maximum interest revenue. IB Easy Interest helps you use fund in a flexible way while earning maximum interest revenue from capital in card continuously.
According to your preset standard, it provides the functions of over-limit automatic roll-over into fixed deposit, automatic roll-over of fixed deposit, and converting current deposit into notice deposit.
[Services]
· Automatic roll-over of fixed deposit
According to your preset standard, when your fixed deposit in your card becomes mature, it will be converted into fixed deposit of the same period automatically.
[Business Application]
To apply for fixed deposit, just check '√' on 'Automatic Roll-over' at Personal Account Opening Application Form to confirm. If you want to open a fixed deposit account with Natural Life wealth management card, just tell counter staff to redeposit directly.
· Over-limit automatic roll-over into fixed deposit
You can preset a minimum amount in your current account with IB according to your capital use conditions. Any amount beyond the limit will be converted into fixed deposit automatically.
[Business Application]
You can handle over-limit automatic roll-over into fixed deposit (IB wealth management card only) service and set the "minimum amount" and "over-limit roll-over amount" as well as the term of roll-over at IB's outlets or internet banking.
· Converting current deposit into notice deposit
You can preset a minimum amount in your current account with IB according to your capital use conditions. Any amount beyond the limit will be converted into notice deposit automatically. Two deposit terms are supported for notice deposit: 7 days and 1 day.
[Business Application]
You can apply for the service by presenting Natural Life wealth management card at IB's outlets or internet banking. While in application, you can set the amount to be rolled over (50,000 RMB or above), the minimum amount of current account after roll-over and term (1 day or 7 days). After savings is rolled over, the withdrawal formalities are the same as a directly opened notice deposit account.
[Service Features]
Reduce the time needed for handling business at counters. Just reach agreement with IB at opening card or initial deposit, you can receive the service which saves your time, avoids inconvenience of opening multiple accounts and helps you manage fund easily.
You can use fund in a flexible way while earning maximum interest revenue.
Example:
Mr Zhang receives his wage with IB wealth management card. He has stable income of 5,000 yuan per month, and his living expenses usually is around 2,000 yuan. With a surplus of 3,000 yuan each month, he can earn annual interest revenue as below if such surplus is maintained as current deposit: [2000/2+3000 （ 6 × 12+6 ） /12] × 0.72% × 80%=118.08 yuan；
If he converts 3,000 yuan of surplus every month into 1 year fixed deposit via the above-mentioned service, the annual interest revenue will be: 2000/2 × 0.72% × 80%+3000 （ 6 × 12+6 ） /12] × 1.98% × 80%=314.64 yuan
Mr Zhang can have nearly 200 yuan more interest revenue with no need to go to bank every month.
All rules are subject to the announcement at our outlets. No further notice will be provided on any change.