Peony PetroChina UnionPay is labeled as a credit card.

The Peony PetroChina Credit Card is the first nationwide co-branded card in China that can be used at gas stations jointly launched by ICBC and China National Petroleum Corporation. This card not only has all the functions of the Peony dual-currency credit card, but also enjoys a number of value-added services.

The Peony PetroChina UnionPay Standard White Card will be exempted from annual fees in the first year, and will be exempted from annual fees in the following year if the card is used for 5 transactions or the accumulated consumption amount reaches RMB 5,000.

After using this credit card to make purchases, the user must repay the payment on time and do not overdue it. Overdue payment will affect the credit of the cardholder.