Credit cards are also called credit cards and are mainly used for overdraft consumption. After the user applies for a credit card, the bank will give you a certain limit. The user can make overdraft purchases within the limit. After overdrafting the credit card, the user needs to repay, which is a way of spending first and repaying later.

Credit cards are divided into regular card, gold card, platinum card and other levels. The limit of regular card is generally within 10,000 yuan, the limit of gold card is within 10,000-50,000 yuan, and the limit of platinum card is within 10,000 yuan. Above 50,000.

Credit cards refer to electronic payment cards issued by commercial banks or other financial institutions that have all or part of the functions of consumer payment, credit loans, transfer settlement, cash deposits and withdrawals, etc. On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented, stipulating that the standard English name of credit cards is Credit Card.

Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when consumption, and repayment will be made on the billing date.

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the specified credit limit. The so-called credit card generally refers to a credit card only.

Starting from January 1, 2021, the credit card overdraft interest rate will be determined independently by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of credit card overdraft interest rates will be cancelled. The daily interest rate is 0.7 times 5/10,000).

Credit cards are issued by commercial banks to individuals and organizations. They can use them to shop and consume with specially appointed organizations and deposit and withdraw cash from banks. They are special carrier cards with consumer credit. They are in the form of a card with the card issuing number printed on the front. Cards with bank name, validity period, number, cardholder name, etc., and a magnetic stripe and signature strip on the back.

A real credit card has the following characteristics: it is not encouraged to deposit cash in advance, consume first and repay later, enjoys an interest-free payment period, can repay in installments independently (with a minimum repayment amount), join VISA, MASTER Wait for international credit card organizations to make it universally applicable.

From 0:00 on August 29, 2019, when using the credit card repayment function, an additional 0.1% of the actual repayment amount will be charged as a handling fee for each credit card repayment. When the time comes, the repayment amount and handling fee will be paid together.

JD Finance has also made adjustments to the credit card repayment service rules: starting from September 1, the same user can enjoy a free repayment limit of up to 10,000 yuan per month, exceeding the maximum free repayment limit. A service fee of 0.15% will be charged.