What does the first-class bank card and the second-class card mean?
The first-class bank card refers to the bank card with the highest authority. Each bank can only apply for one first-class card. Just open a first-category account and then apply for a bank card at the bank, which is a second-category or third-category card. At the same time, bank cards can reduce annual fees and small account management fees. For ordinary users, one bank card from one bank is enough. In addition, for salary cards, it is generally recommended that users use Class I cards. Class II cards have more restrictions and are very inconvenient to use.
Class II cards are bank cards responsible for daily financial management, investment and other consumption, similar to credit cards. The account funds come from the first-class bank account. The difference from the first-class card account is that the second-class card cannot deposit and withdraw cash, and cannot transfer money to unbound accounts. The bank's second-class card is very similar to a credit card. It is mainly responsible for daily financial management, investment and other consumption. The main body of the second-category card is an electronic card. Although it also distributes physical cards, it is not very useful. The funds in the second-category card account come from the first-category bank account. The difference from the first-category card account is that the second-category card cannot deposit and withdraw cash, and cannot transfer funds to unbound accounts. At the same time, the Class II card account has a daily transfer limit of 10,000 yuan and an annual transfer limit of 200,000 yuan.
What does the second-category card mean?
The first-category card generally refers to the debit card we commonly use now; it can access cash, manage finances, transfer, pay, etc. Subject to quota limit.
Type II cards are similar to credit cards and are mainly responsible for larger daily expenses, financial management, investment, etc.; Type II account funds come from Type I accounts, including direct banks and Internet banks such as WeBank, etc. With the account opened, Category II accounts can handle deposits, purchase bank investment and financial products, and make consumption payments, etc. But the biggest difference from Type I accounts is that Type II cannot deposit or withdraw cash or transfer funds to unbound accounts. At the same time, the Class II bank card account has a daily transfer limit of 10,000 yuan and an annual transfer limit of 200,000 yuan.
Channels for opening personal bank accounts:
1. Category I accounts can use self-service machines such as counters, remote video teller machines and smart teller machines (identity verification is required on-site by commercial bank staff) information);
2. Category II accounts can be opened through self-service machines (commercial bank staff do not verify identity information on site), online banking, mobile banking and other electronic channels;
3. Category III accounts can be opened through electronic channels such as self-service machines (commercial bank staff do not verify identity information on site), online banking and mobile banking.
Is rural credit card a first-class card or a second-class card?
Only debit cards can be divided into Type I, Type II and Type III. According to the regulations of the People's Bank of China, a person can only have one Class I card in a bank, and deposits, withdrawals and transfers are not subject to limit limits. Categories 2 and 3 have restrictions. When it comes to credit cards, there is no one category, two categories, or three categories. The common name for credit unions is "rural credit cooperatives." Whether in urban or rural areas, it is its branch. There is no difference, so the cards are the same and function the same.
Bank cards are divided into first-class cards and second-class cards. The second-class cards refer to savings cards, that is, debit cards. Credit cards do not distinguish between first-class cards and second-class cards. The reason why debit cards are divided into first-class cards, second-class cards and third-class cards is because the purpose of the People's Bank of China is to maximize the security of mobile payments. It is also for the sake of counter-reflection. We didn’t have several cards before. If the bank card has too much money, it would be unsafe to bind it to Alipay and WeChat. Once the risk of online fraudulent transactions occurs, the losses will be huge.
Control the amount per transaction and the amount per year when the card is divided into two categories, two categories and three categories. When three types of cards control the balance, losses become limited. The sample isolates a large number of cards from the network to maximize payment security. Since a bank can only have one Type A card, anyone can lend or sell their Type A card to others. This also helps the country crack down. The classification of credit cards such as ordinary cards, gold cards, platinum cards, and diamond cards are essentially different from savings cards.
Credit cards are divided in this way to give customers different levels of credit based on their status and assets. To be precise, the rich give more quotas and more additional rights, while those with less money give smaller quotas. This is the same as loans. The difference between Class I cards and Class II cards is that a user can only have one Class I card in one bank, while Class II cards have no such restriction. Therefore, the authority of type one cards is much higher than that of type two cards.
For example, the deposits and withdrawals of Category 1 cards are higher than those of Category 2 cards. At the same time, some financial businesses can apply for Type I cards, but not Type II cards. In addition, if we have multiple bank cards in a bank, we can only identify one of them as a card.
Is ICBC’s Type II card a credit card?
ICBC’s Type II card refers to the Type II debit card (deposit card) that users apply for at ICBC. This card does not have The credit limit can only be deposited first and then used, and there will be limits on the credit limit. The daily limit for the second-class card is 10,000 yuan, and the annual limit is 200,000 yuan.
The second-class card is responsible for daily use Bank cards for financial management, investment and other consumption.
Type II accounts can handle deposits, purchase investment and financial products and other financial products, limit consumption and payment, and transfer funds to unbound accounts within limits. Upon face-to-face identity verification by bank staff, Category II accounts can also handle cash deposits and withdrawals, unbound account fund transfers, and can be issued physical bank cards. Among them, the total daily cumulative limit for transferring funds and depositing cash into unbound accounts of Type II households is 10,000 yuan, and the total annual cumulative limit is 200,000 yuan; the daily cumulative limit for consumption and payment, transferring funds to unbound accounts, and withdrawing cash The total cumulative limit is 10,000 yuan, and the total annual cumulative limit is 200,000 yuan.
The bank's second-class card is very similar to a credit card. It is mainly responsible for daily financial management, investment and other consumption. The main body of the second-category card is an electronic card. Although it also distributes physical cards, it is not very useful. The funds of the second-category card account come from the first-category account of the bank. The difference from the first-category card account is that the second-category card cannot deposit and withdraw cash, and cannot transfer funds to unbound accounts. At the same time, the Class II card account has a daily transfer limit of 10,000 yuan and an annual transfer limit of 200,000 yuan.
Bank cards refer to credit payment instruments issued to the public by approved commercial banks (including postal financial institutions) with all or part of the functions of consumer credit, transfer settlement, cash deposits and withdrawals, etc. Bank cards reduce the circulation of cash and checks, allowing banking business to break through the limitations of time and space and undergo fundamental changes. The application of the bank card automatic settlement system has made the dream of a "checkless, cashless society" a reality.
The 20-year development history of China's bank card industry can be roughly divided into four stages:
The period from 1985 to the early 1990s is the initial stage.
From the early 1990s to the beginning of 1996, it was the stage when branches in large and medium-sized cities of various banks independently developed their bank card business. At this stage, the gold card project was launched.
From 1997 to the end of 2001, it was the stage when China's bank cards gradually became universal on the Internet.
From 2001 to the present, China’s bank card network is in the in-depth development stage, and the number of bank cards issued by banking institutions across the country has grown rapidly.
Credit cards are several types of cards
Credit cards are not one of several types of accounts. Credit cards can be divided into credit cards and quasi-credit cards according to different payment methods:< /p>
(1) Credit card. When the card-issuing bank provides bank credit, it is first used as an overdraft, and then repaid or paid in installments. Most of these cards are used internationally. That is to say, the way that cardholders are allowed to pay off their credit card accounts without deposits is "spend first, deposit later". Most of these cards are used internationally.
(2) Quasi-credit card. It is a credit card issued by a bank that allows you to deposit money first and spend later. When applying for a credit card, cardholders need to deposit a certain amount of money in the card-issuing bank for backup. Cardholders need to use the deposit balance as a basis when using the card. Overdrafts are generally not allowed. At present, the credit cards issued by banks in our country are basically quasi-credit cards, but cardholders are allowed to make good-faith, short-term, and small overdrafts for consumption purposes. Different limits are stipulated according to different card types, and within the specified period Repay the loan and pay interest at the same time. So, essentially a debit card with some overdraft functionality.
Extended information
Type II card: Type II card is also called financial card, which is mainly used for personal financial management. If you choose other bank accounts, the daily transfer and payment limit is 10,000 yuan, with a maximum annual limit of 200,000 yuan.
Type III card: Type III card is also called a child card or change card. It is mainly used for small consumption expenditures. The maximum account balance of this card is 2,000 yuan. Other cards not bound with the same name For bank accounts, the daily consumption limit is 2,000 yuan and the annual limit is 50,000 yuan.
What do the bank’s first-class cards and second-class cards mean?
The first-class card is a full-featured account, with functions such as cash deposits and withdrawals, transfers, financial management, bill payments, etc.; the second-class card is equivalent to a wallet, and its main functions are savings deposits, investment and financial management, and daily Consumption, payment, etc. Class II cards do not support cash deposits and withdrawals, nor transfers to unbound accounts, and there are limits on transfers to Class II card accounts.
Bank cards refer to credit payment instruments issued to the public by approved commercial banks (including postal financial institutions) with all or part of the functions of consumer credit, transfer settlement, cash deposits and withdrawals, etc.
Bank cards reduce the circulation of cash and checks, allowing banking business to break through the limitations of time and space and undergo fundamental changes.
The application of the bank card automatic settlement system has made the dream of a "checkless, cashless society" a reality.
This ends the introduction on whether a credit card is a second-class card and whether a second-class bank card is a credit card. Have you found the information you need?