Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay.

Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit.

Features:

High-tech products integrating financial business and computer technology.

Can reduce the use of cash currency.

It can provide settlement services, facilitate shopping and consumption, and enhance the sense of security.

It can simplify the collection procedure and save social labor.

Extended data:

Credit card installment repayment has always been considered to have no interest, and the handling fee is actually interest. At present, many banks have set up interest-free installments with different maturities, such as 3 installments, 6 installments, 9 installments and 12 installments, and the handling fee is generally between 0.55% and 0.7%. However, this is only a superficial ratio, and the actual ratio is much higher than this. After calculation, the actual annualized rate exceeds 15%. Some banks will also impose higher rates on users with higher risk levels.

When banks invite them to apply for cards in stages, some cardholders often think that not doing so will "offend" the banks, but this is not the case. Installment repayment can't really help credit card withdrawal.

Baidu encyclopedia-credit card