Credit cards need to be updated after they expire. If you don't renew the fee, you can't use it. You don't need to pay cash when you use a credit card, but you will pay back when the bill comes out.

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.

Extended data

Maximum duration of credit card overdraft

1, the longest interest-free period is 56 days and the shortest is 25 days;

2. The minimum repayment amount is 65438+ 00% of the minimum amount owed. That is, the longest period is10;

3. Apply for repayment by installments, and you can apply for 24 installments at the longest.

4. The overdraft interest of some credit cards shall be calculated at five thousandths of the daily interest for 15 days, ten thousandths of the daily interest for more than 15 days, and fifteen thousandths of the daily interest for more than 30 days. The overdraft interest is not divided into sections, and the interest is calculated according to the highest interest rate of the last overdraft time;

5. The minimum monthly repayment amount of consumer credit cards shall not be less than 10%. For the unpaid part of the minimum repayment amount, the bank will charge a 5% late fee.

Refer to Baidu Encyclopedia-Credit Card