1, savings card: the main function is demand deposit, which can be used for credit card consumption, ATM cash withdrawal, transfer and various payments. When the balance is zero, the payment function of this card is also reduced to zero;

2. Credit card: Credit card has the functions of consumer payment, personal credit loan, transfer settlement and cash storage. Consumers with credit cards can go to specific merchants to buy things or spend money, and then the bank will settle accounts with merchants and users, and users can cash out within the prescribed credit limit.

Second, the application method is different:

1. savings card: with the valid identity certificate of the user, it can be handled at any service outlet of the bank. You need to set up a fixed account first, and the account balance should not be less than 10 yuan;

2. Credit card: The application method is generally to fill out a credit card application form and submit certain valid certificates and certificates to the issuing bank. After receiving the application form and related raw materials submitted by the applicant, the issuing bank shall check the applicant's reputation. After the applicant successfully obtains the credit card, the issuing bank will set up an independent credit card account for the user at the issuing bank.

Third, the use standards are different: savings cards need to have deposits to consume; Credit cards can be used for cash consumption without saving.

This is the difference between a savings card and a credit card.

What are the advantages of credit cards?

1, which is convenient for users, saves the inconvenience of carrying money, and there is no geographical restriction on using credit cards;

2. Be able to participate in various preferential discount activities coordinated by shopping malls and banks;

3. Credit card spending points can be exchanged for gifts.

This article is mainly about the knowledge points about the difference between savings card and credit card, and the content is for reference only.