There is a risk of overdue credit cards. Cardholders need to repay their debts according to the date specified by the bank. If they miss the repayment date, they will be overdue. Overdue will not only bear penalty interest, but also leave a bad record on their personal credit report. There is a risk of credit card fraud. Nowadays, there are some criminals on the market who use various means to steal credit cards. Once a credit card is applied for, if the cardholder fails to properly keep their credit card information, there is a risk of it being stolen. For example, some refund software Use puts your credit card at great risk. Credit cards carry the risk of being overdrafted. The overdraft function of credit cards can easily cause some users with poor self-control ability to develop bad consumption habits. If cardholders blindly swipe their cards, they will easily be unable to repay.

1. Benefits of credit cards: Credit cards have an overdraft function. Cardholders can use the credit card limit to pay when making purchases, which can alleviate the financial pressure during consumption to a certain extent. Credit cards are the lowest-cost method among existing financing channels. Many of my friends speculate in real estate by realizing their credit card limits. They only need to pay a small fee to turn over funds. Credit cards provide an interest-free period for repayment. As long as the cardholder can repay the loan within the period specified by the bank, he or she can enjoy interest-free payment. You can enjoy various discounts by using credit cards for many consumption activities, and you can also earn some credit card points, which can be used to redeem gifts. It is helpful to improve your personal credit score. Good credit can facilitate you to do many things.

2. Credit card, also called credit card, is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. It takes the form of a card with the issuing bank's name, validity period, number, cardholder's name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially designated commercial service departments, and then the bank will settle the accounts with merchants and cardholders. Cardholders can overdraft within the prescribed limit. Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; a quasi-credit card refers to a credit card in which the cardholder can A quasi-credit card that deposits a certain amount of reserve fund and can be overdrafted within the specified credit limit when the reserve account balance is insufficient for payment. The so-called credit card generally refers to a credit card only.