The credit card password needs to be set by the cardholder himself. If the cardholder does not set it, the credit card will have no password, but it will be set.

At present, there are two main ways to verify credit card transactions: one is the cardholder's signature; One is the password. Ordinary credit card cashiers either need to enter the transaction password or verify the signature.

Credit card swiping behavior:

First, the cardholder's personal behavior, the cardholder plays the trick of "others spend their own cards", swipes other people's shopping accounts into their own cards to increase points, and at the same time, the shopper returns the cardholder's cash, which can kill two birds with one stone for the cardholder. Because many banks have launched value-added services while issuing credit cards, they have carried out activities such as exchanging consumption points for gifts to show people's enthusiasm for card consumption.

Second, cardholders cooperate with merchants or some "loan companies" and "intermediary companies", and cardholders get cash by paying fees to merchants. Generally, the merchant's POS machine is used to make false transactions, and the amount on the credit card is crossed out. Merchants or "loan companies" and "intermediary companies" pay cash on the spot (paying cash to cardholders), and the handling fee paid by cardholders to merchants is lower than that of banks.

The consumption mode of using credit card is basically the same as that of using debit card, but there are some minor differences. When using a credit card, please follow the following methods:

1. When swiping your card, please don't put your credit card away from your sight to avoid misuse or theft;

2. Don't sign a blank or unfilled bill at will;

3. Before signing, please be sure to confirm whether the amount listed in the signed bill is correct, and pay attention to whether the consumption currency and the amount expressed in words and figures are correct;

When using a credit card, you must sign to confirm the consumption. Generally, you don't need to show your ID card or enter your password. However, please cooperate in the following situations:

Due to the operating standards, POS machines in some cities still need to enter passwords. Please enter 6 digits at will. If you spend a lot of money or buy goods that are easy to realize, it is recommended that you enter an accurate ATM private password.

5. When the transaction needs to be rewritten or cancelled due to the wrong signing, please ask the merchant to tear up all the original signing and keep the return voucher given by the merchant to avoid future occurrence;

6. After signing the bill, please confirm that the credit card returned by the salesperson of the special merchant is indeed his own credit card;

7. After the transaction is completed, please keep the root contact of the signing cardholder for checking with the credit card statement sent by the bank.

Why doesn't the credit card have a password?

There are two ways to verify credit cards, so some bank cards have no passwords.

1. Signature.

Under this setting, no password is required for consumption. In case the credit card is stolen, you can ask the merchant to sign the bill, confirm the cardholder by signature, and ask for refusal or refund. The premise is that you have relevant copies or photos, record your credit card and then sign the pattern for comparative evidence.

2. Password.

The bank said that the consumer's password is optional, but at the same time it said that the password transaction is regarded as my own transaction. In other words, as long as the password is used, in case someone reads it, it will be regarded as that he swiped it, made a fake card with the password or stole your card. Banks and enterprises are irresponsible.

At present, credit cards with passwords in China include CCB, ICBC and Minsheng.

Credit cards without passwords include Guangfa and China Merchants.

Bank card refers to a credit payment tool issued by commercial banks (including postal financial institutions) with all or part of the functions of consumer credit, transfer settlement, cash deposit and withdrawal, etc. Bank card reduces the circulation of cash and checks, which makes the banking business break through the limitation of time and space and undergo fundamental changes. The application of bank card automatic settlement system will make "a society without checks and cash" a reality.

How many passwords does China Bank credit card have?

Common passwords for credit cards include telephone inquiry passwords and transaction passwords:

1. Telephone inquiry password is used to verify identity when calling customer service hotline, redeeming points and handling business through self-service channels.

2. The credit card transaction password is the password used for ATM inquiry, cash withdrawal and consumption on the merchant POS machine.

The above contents are for your reference. Please refer to the actual business regulations.

This concludes the introduction of whether the credit card has a password and whether the etc credit card has a password. I wonder if you have found the information you need?