The differences are as follows:

First, the order of deposit and consumption is different.

1. Credit card is a credit card that the issuing bank gives the cardholder a certain credit limit, and the cardholder can spend first and then repay. It has the following characteristics: consumption before repayment, interest-free repayment period (up to 56 days), minimum repayment amount, and repayment by installments when customers overdraw.

2. Debit card refers to a bank card that has no overdraft function and deposits first and then consumes (or withdraws).

Second, the function is different.

1. Credit card has the functions of credit consumption, transfer settlement, cash deposit and withdrawal, etc.

2. Debit card is a credit tool with the functions of transfer settlement, cash deposit and withdrawal, shopping and consumption. It also has many functions such as transfer, fund trading, stock trading and payment. , but also provides a lot of value-added services. Debit cards can also be withdrawn by ATM transfer and cannot be overdrawn. The amount in the account pays interest according to the current deposit.

Third, the deposit interest is different:

Money in debit cards can generate interest on current deposits, while money in credit cards cannot generate interest on deposits.

Fourth, the difference between card processing

1, it is very simple to apply for a debit card. As long as you have an ID card, you can apply to the bank.

2. Credit cards, that is, credit cards, are different. Not all credit card applications can be approved. The bank will evaluate the applicant's comprehensive situation, such as income level, social security, deposits, assets and other factors.

The main purpose is to confirm that you have the ability to spend and repay, and it is difficult to handle it without an economic foundation.

The influence of verb (abbreviation of verb) on credit

1. You can use a debit card (savings card) to access it freely, and every consumption and overdraft are your own, and the savings card has no overdraft function.

2. Credit cards have billing date and final repayment date every month. If the repayment is overdue, it may be recorded in the personal credit report, which will have a great impact on the future credit life.

Six, the difference in appearance

1, the credit card number is embossed and the savings card number is usually printed.

2. The validity period and the pinyin of the cardholder's name are printed on the front of the credit card, but there is no savings card.

There are 7 digits printed on the back of the credit card, but not on the savings card.

4. On the back of the credit card, the words "This card is valid only after signature" or similar words are written, while on the back of the savings card, there is only the words "Signature of the cardholder".