Credit card refers to the bank card that the issuing bank gives the cardholder a certain credit limit, and the cardholder can spend first and then repay. There is an interest-free period, and you can generally withdraw cash by overdraft. If there is money in your account in the credit card, this part of the money will not receive bank interest, that is, credit card deposits will not bear interest. Our usual credit card is debit card.

Quasi-credit card refers to a bank card in which the cardholder must deposit a certain amount of reserve funds according to the requirements of the issuing bank (in fact, you can withdraw all the reserve funds at one time, which is not much different from no deposit). When the balance of the reserve account is insufficient to pay, it can be overdrawn within the credit limit stipulated by the issuing bank. Generally, this card cannot be overdrawn for cash withdrawal, but it can be overdrawn for consumption, but there is often no interest-free period after overdraft consumption. In addition, if you have quasi-credit card money in your account, you can get current interest from the bank. Quasi-credit cards are rarely used. Many banks used to issue them now, but not much now. Quasi-credit cards are only available in China. )

Debit card refers to a bank card that does not have overdraft function and deposits first and then consumes (or withdraws cash). According to different functions, it can be divided into transfer card (including savings card), special card and stored value card. If you have a debit card in your account, you can get current interest from the bank. Generally, the salary cards we use are debit cards.

Advantages and disadvantages of credit cards:

The advantage is that because it is a reference card, credit card spending has an interest-free period, which alleviates the shortage of cash. Consumers can also get points from the card-issuing bank, and the points can be exchanged for gifts. In addition, some credit cards are jointly launched, such as those launched by Ctrip.com and other banks. In addition to ordinary credit card functions, they can also enjoy many conveniences on Ctrip.

The disadvantage is that there is an annual fee. If you swipe your card less than a few times, you will have to pay the annual fee for the next year. In addition, if there is no self-control, it is easy to overspend, and if you don't repay in time, you have to pay a lot of interest.