Sometimes there is a handling fee for repayment, which increases the cardholder's expenses. A financial transaction card issued by a bank to provide financial services to depositors belongs to a kind of debit card. Its main function is to deposit and withdraw money at networked ATMs and bank counters and spend it at networked POS machines.

The main function of a savings card is to save deposits. Cardholders can read and manually enter passwords through the electronic payment network established by the bank and the magnetic stripe of the card, so as to realize the functions of credit card consumption, ATM withdrawal, transfer and various payments. The expenses incurred through the card are equal to the decrease in the balance of the savings account.

Expanding data savings is a consumer service tool for depositors to promote the realization of electronic money, reduce cash circulation and reduce the labor intensity of merchants. In shopping malls, hotels, entertainment places, public service places, etc. Where the POS terminal has been installed in the bank card network, the savings card user can use the account for consumption, without cash, and the amount of consumption and payment by the user is not limited, and the handling fee is exempted.

But the account can't be overdrawn. In addition, Savings also launched mobile phone payment service and telephone wallet payment service, which is easy and flexible, and it is convenient to pay anytime and anywhere 24 hours a day.

Baidu encyclopedia-savings card