1, with different functions: the savings card is used for saving money, and it is a cash transaction function focusing on saving money. Credit card is a non-cash transaction payment method and a simple credit service. Issued to cardholders by banks or credit card companies according to users' credit and financial resources. The function is that the cardholder does not need to pay cash when using the credit card, and will make repayment on the checkout date.
2. Different annual fees: credit cards are generally free of annual fees in the first year, and annual fees will be charged in the second year, with the minimum being more than 100 yuan, and the maximum annual fee for savings cards is several tens of yuan.
If you are applying for a credit card of China Merchants Bank, your cardholder can consider setting up a China Merchants Card, which will automatically repay the loan every month, which is very convenient and quick.