Once a credit card is activated, its use cannot be suspended; even after all debts are paid, the use cannot be suspended. You only need to pay an annual fee, and the annual fee is to swipe the card 3-6 times a year, or spend 3,000- 5,000 will waive the annual fee; by reporting a loss, interest will be calculated as usual. Introduction to credit cards:

Definition of credit cards:

Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card in which the card-issuing bank gives the cardholder a certain credit limit, and the cardholder can consume within the credit limit first and repay later. A quasi-credit card refers to a credit card in which the cardholder first deposits a certain amount of reserve fund as required by the bank. When the reserve fund is insufficient to pay, the cardholder can overdraw within the credit limit specified by the card-issuing bank.

Definition of online payment:

Online payment is a form of electronic payment. It is an instant payment method through a payment interface between a third party and a bank. This The advantage of this method is that funds can be transferred directly from the user's bank card to the website account, and the remittance will arrive immediately without manual confirmation. Customers and merchants can use a variety of electronic payment methods such as credit cards, electronic wallets, electronic checks, and electronic cash to make online payments. Online electronic payment saves transaction costs.

Definition of online banking payment:

A method of paying directly by logging into online banking. Requirements: Online banking payment can only be made after opening online banking. UnionPay online payment, credit card online payment, etc. can be realized. This payment method is paid directly from the bank card.

Definition of credit card overdraft:

Credit card overdraft is a short-term overdraft within the specified limit given by the credit card issuer to the cardholder when making purchases with the card. For credit cards, allowing "spend first, repay later" and overdraft are important features. For debit credit cards, "deposit first, then spend". However, on the premise that it is determined to be a bona fide overdraft and repayment is guaranteed, cardholders are also allowed to overdraft an appropriate amount within a short period of time when they are in urgent need of funds. Overdraft interest is generally much higher than that of bank loans in the same period, and card issuers have a complete set of measures to prevent and pursue overdraft risk losses.