There are obvious differences between credit cards and savings cards.

The main difference is that credit cards can be overdrawn, while debit cards have no overdraft function.

Debit card refers to a bank card without overdraft function, that is, a savings card.

Debit cards have the following functions: 1 Cash deposit and withdrawal. It has the functions of deposit and withdrawal in local and foreign currency, fixed account and current account. 2 Transfer and remittance.

3 credit card consumption. Cardholders can use debit cards to spend money at merchants. 4 collection and payment. Debit cards can be used to pay salaries and pay various fees. 5 asset management. Wealth management products, open-end funds, insurance, personal foreign exchange transactions, precious metal transactions, etc. You can sign contracts, trade and settle accounts through debit cards. 6 Other services. Many bank debit card services have expanded beyond financial services, such as providing airport VIP access and medical and health services for cardholders.

Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to the credit card issued by the bank, which gives the cardholder a certain credit limit, within which the cardholder can spend first and then repay. A quasi-credit card refers to a quasi-credit card issued by a bank. The cardholder deposits a certain amount of reserve fund according to the regulations. When the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.