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China Internet Watch .com

China Credit Card Research

Nov 2013

CI
W

Copyright © 2013
All rights reserved

1
CONTENT LEVEL:

Introductory

China Internet Watch
A Division of incitez

CI
W

Copyright © 2013
All rights reserved

2
Chinese Netizen Credit Card Usage in 2013

Have activated
the credit card
but do not used
it
1.00%

Don't have a
credit card
18.00%
China Internet Watch
Source: iResearch, 2013

Have a credit
card but do not
activate it
3.00%

CI
W

Copyright © 2013
All rights reserved

Have a credit
card and are
using it
78.00%

China Internet Watch

A Division of incitez

3
Average Number of Credit Cards that China
Netizen Held From October 2012 to October 2013

1

33.8%

2

32.7%

3

19.5%
China Internet Watch
Source: iResearch, 2013

4

More than 5

CI
W

Copyright © 2013
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6.6%

7.4%

China Internet Watch

The per capita number is
1.72

A Division of incitez

4
Chinese Netizen Credit Card Using Frequency
From October 2012 to October 2013

At least once a week

47.2%

1-4 times per month

1-3 times per season

1-3 times per year

CI
W

Copyright © 2013
All rights reserved

40.2%

China Internet Watch

7.7%

Source: iResearch, 2013

4.9%

China Internet Watch

A Division of incitez

5
Chinese Netizen Credit Card Authorized User
Status in 2013

Have opened
16.98%
Won't be opened
55.64%

Plan to be
opened
27.37%
China Internet Watch
Source: iResearch, 2013

CI
W

Copyright © 2013
All rights reserved

China Internet Watch

A Division of incitez

6
The Channels of Opening a Credit Card in China in
2013
Bank branches

43.3%

Door-to-door sales people
Street temporary stalls
Partners' offline branches

15.8%
4.3%
2.6%

Bank official websites

China Internet Watch
Source: iResearch, 2013

The third party credit card websites
Partners' official websites

CI
W

Copyright © 2013
All rights reserved

China Internet Watch

2.3%

Offline
65.9%

14.2%

13.5%
2.9%

32.9%

15.0%

14.5%

E-bank

67.1%

14.6%
14.6%

A Division of incitez

38.7%

34.4%

Online
33.2%

7
Key Factors That Credit Card Users Cared From
October 2012 to October 2013
Security
The annual fee reduction

15.6%

Credit policy

6.2%

The overdue fee

4.6%

Promotional gifts

4.2%
1.9%

China Internet Watch

34.7%
30.6%

10.5%

Bank brand

Copyright © 2013
All rights reserved

41.3%

15.8%

Preferential policy

CI
W

46.2%

15.9%

Payment is convenient

The card design

48.6%

24.9%

18.7%
16.4%

China Internet Watch
Source: iResearch, 2013

17.8%

8.2%

A Division of incitez

8
Reasons Why Credit Card Authorized User Account
Opened From October 2012 to October 2013
It's convenient for the couple

30.3%

It's convenient for the relatives

15.6%

Opened with preferential

11.9%

It's convenient for the children

11.7%

It's convenient for the lovers

6.9%

The vice card looks nice

CI
W

Copyright © 2013
All rights reserved

38.7%

19.7%

Avoid the loss of the main card

Other

44.6%

3.5%

30.0%
29.2%

27.5%

15.0%

10.8%

China Internet Watch
Source: iResearch, 2013

0.4%
0.4%

China Internet Watch

A Division of incitez

9
The Elements of Credit Cards Could be Improved
From October 2012 to October 2013
71.7%

More special offers

44.4%
67.6%

Increase the usage of points

26.8%

Increase credit card finance
management service

35.9%
14.0%
24.3%

Issue an electronic credit card
The shape of the card can be
more flexible
Other

CI
W

Copyright © 2013
All rights reserved

8.7%

20.6%
5.5%

China Internet Watch
Source: iResearch, 2013

0.7%
0.6%

China Internet Watch

A Division of incitez

10
Credit Card User Age Distribution in October 2013

3.5%
4.5%

Above 50 years old
41-50 years old

5.8%

36-40 years old

11.8%

8.6%

31-35 years old

13.3%

14.0%

25.5%
33.6%
31.0%

25-30 years old
11.7%

18-24 years old
Below 18 years old

CI
W

Copyright © 2013
All rights reserved

0.6%
2.2%

China Internet Watch

33.8%

China Internet Watch
Source: iResearch, 2013

A Division of incitez

11
Gender Composition in October 2012
Credit card users

Others

61.4%

38.6%
China Internet Watch
Source: iResearch, 2013

66.2%

33.8%

Male

CI
W

Copyright © 2013
All rights reserved

Female
China Internet Watch

A Division of incitez

12
Need more info?
Contact Incitez China
To get more information on how you can drive credit
card registration online in China, please contact us:
http://ciw.me/K7A9lr

CI
W

Copyright © 2013
All rights reserved

China Internet Watch

A Division of incitez

13

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CIW China Credit Card Research in 2013

  • 1. China Internet Watch .com China Credit Card Research Nov 2013 CI W Copyright © 2013 All rights reserved 1
  • 2. CONTENT LEVEL: Introductory China Internet Watch A Division of incitez CI W Copyright © 2013 All rights reserved 2
  • 3. Chinese Netizen Credit Card Usage in 2013 Have activated the credit card but do not used it 1.00% Don't have a credit card 18.00% China Internet Watch Source: iResearch, 2013 Have a credit card but do not activate it 3.00% CI W Copyright © 2013 All rights reserved Have a credit card and are using it 78.00% China Internet Watch A Division of incitez 3
  • 4. Average Number of Credit Cards that China Netizen Held From October 2012 to October 2013 1 33.8% 2 32.7% 3 19.5% China Internet Watch Source: iResearch, 2013 4 More than 5 CI W Copyright © 2013 All rights reserved 6.6% 7.4% China Internet Watch The per capita number is 1.72 A Division of incitez 4
  • 5. Chinese Netizen Credit Card Using Frequency From October 2012 to October 2013 At least once a week 47.2% 1-4 times per month 1-3 times per season 1-3 times per year CI W Copyright © 2013 All rights reserved 40.2% China Internet Watch 7.7% Source: iResearch, 2013 4.9% China Internet Watch A Division of incitez 5
  • 6. Chinese Netizen Credit Card Authorized User Status in 2013 Have opened 16.98% Won't be opened 55.64% Plan to be opened 27.37% China Internet Watch Source: iResearch, 2013 CI W Copyright © 2013 All rights reserved China Internet Watch A Division of incitez 6
  • 7. The Channels of Opening a Credit Card in China in 2013 Bank branches 43.3% Door-to-door sales people Street temporary stalls Partners' offline branches 15.8% 4.3% 2.6% Bank official websites China Internet Watch Source: iResearch, 2013 The third party credit card websites Partners' official websites CI W Copyright © 2013 All rights reserved China Internet Watch 2.3% Offline 65.9% 14.2% 13.5% 2.9% 32.9% 15.0% 14.5% E-bank 67.1% 14.6% 14.6% A Division of incitez 38.7% 34.4% Online 33.2% 7
  • 8. Key Factors That Credit Card Users Cared From October 2012 to October 2013 Security The annual fee reduction 15.6% Credit policy 6.2% The overdue fee 4.6% Promotional gifts 4.2% 1.9% China Internet Watch 34.7% 30.6% 10.5% Bank brand Copyright © 2013 All rights reserved 41.3% 15.8% Preferential policy CI W 46.2% 15.9% Payment is convenient The card design 48.6% 24.9% 18.7% 16.4% China Internet Watch Source: iResearch, 2013 17.8% 8.2% A Division of incitez 8
  • 9. Reasons Why Credit Card Authorized User Account Opened From October 2012 to October 2013 It's convenient for the couple 30.3% It's convenient for the relatives 15.6% Opened with preferential 11.9% It's convenient for the children 11.7% It's convenient for the lovers 6.9% The vice card looks nice CI W Copyright © 2013 All rights reserved 38.7% 19.7% Avoid the loss of the main card Other 44.6% 3.5% 30.0% 29.2% 27.5% 15.0% 10.8% China Internet Watch Source: iResearch, 2013 0.4% 0.4% China Internet Watch A Division of incitez 9
  • 10. The Elements of Credit Cards Could be Improved From October 2012 to October 2013 71.7% More special offers 44.4% 67.6% Increase the usage of points 26.8% Increase credit card finance management service 35.9% 14.0% 24.3% Issue an electronic credit card The shape of the card can be more flexible Other CI W Copyright © 2013 All rights reserved 8.7% 20.6% 5.5% China Internet Watch Source: iResearch, 2013 0.7% 0.6% China Internet Watch A Division of incitez 10
  • 11. Credit Card User Age Distribution in October 2013 3.5% 4.5% Above 50 years old 41-50 years old 5.8% 36-40 years old 11.8% 8.6% 31-35 years old 13.3% 14.0% 25.5% 33.6% 31.0% 25-30 years old 11.7% 18-24 years old Below 18 years old CI W Copyright © 2013 All rights reserved 0.6% 2.2% China Internet Watch 33.8% China Internet Watch Source: iResearch, 2013 A Division of incitez 11
  • 12. Gender Composition in October 2012 Credit card users Others 61.4% 38.6% China Internet Watch Source: iResearch, 2013 66.2% 33.8% Male CI W Copyright © 2013 All rights reserved Female China Internet Watch A Division of incitez 12
  • 13. Need more info? Contact Incitez China To get more information on how you can drive credit card registration online in China, please contact us: http://ciw.me/K7A9lr CI W Copyright © 2013 All rights reserved China Internet Watch A Division of incitez 13