Bank cards are generally divided into credit cards and debit cards. Debit cards are further divided into savings cards, transfer cards, special cards, etc.; credit cards are further divided into credit cards and quasi-credit cards.

Among them:

1. Deposit cards refer to cards issued by banks and are generally used for deposits;

2. Debit cards and special cards are both Cards used by banks to handle specific businesses are rarely used;

3. Credit cards are commonly known as credit cards. They have an overdraft function and allow you to consume first and repay later;

4 , Quasi-credit cards also have part of the consumption limit, but they need to be paid off in one go, and they have some functions of credit cards and debit cards.

Bank card classification:

Starting from December 2016, according to the regulations of the People's Bank of China, a person can only open one Type I account in the same bank. If there is already a Type I account, The account, when opening a new account, is a Type II or Type III account.

● What are the differences between the three specific types of bank cards?

Type I card: It is a physical card or passbook. This card, like the card before December 2016, has no restrictions on bank card functions. You can deposit and withdraw cash, manage finances, transfer money, pay bills, etc.

Type II account: Positioned as a personal "financial management account", it can be bound to a Type I account and can be used for investment and financial management without restrictions. However, there are restrictions on consumption, payment and access, and the maximum daily limit for cash deposits and withdrawals, and consumption 10,000, and transfers, cash deposits and withdrawals, and consumption payments within the year shall not exceed 200,000.

Type III account: Positioned as a coin purse; generally in the form of an electronic card, mainly used for quick payments and small payments. The balance of a Type III account must not exceed 1,000 yuan.

● How do we distinguish between Type I, II and III accounts?

First of all, if the bank card is handled in the form of a passbook, it must be a Type I card.

The second is the code difference: the account codes of Type I and Type II cards are different, and the code types are different.

Finally, you can query through the APP, download the app of the corresponding bank, enter the card number, and you can check the bank card type.

Judge the types of cards by the order in which you apply for cards at the same bank. The first type of card is Type I, then the Type II account, and then the Type III account.