Consumer reserve fund refers to the small consumer reserve fund provided by banks to cardholders in the form of active invitation to meet the consumption needs of bank card users.

This amount of bank card users can spend at will, but after the expiration of the term, bank card users also need to repay this amount on schedule, so the consumer reserve fund also refers to the short-term loan of the bank.

Consumer accumulation fund requires bank card users to apply independently.

Application conditions of consumer reserve fund: the bank will regularly update the target customers who meet the requirements of applying for consumer reserve fund. Only the target customers can apply for "consumer reserve fund" from Ping An Bank, but the bank did not list the specific standards for the target customers of "consumer reserve fund".

Does the reserve fund belong to credit card (debit card) overdraft?

Alipay reserves metal for cash loan products, because it can withdraw cash directly to the bank card. The main function of credit card (debit card) is overdraft consumption, and Alipay Bai Zhonghua is a product similar to credit card (credit card). In addition, the reserve fund only charges interest on a daily basis, and credit cards (debit cards) charge interest and cash withdrawal fees, which are also different.

Because the loan period of the reserve fund is 7 days by default, it is only suitable for short-term capital turnover and not suitable for long-term use.

What is a credit card reserve fund?

Credit card reserve refers to the credit card funds granted by the bank to cardholders that exceed the credit card limit. It is not a credit card limit and cannot be withdrawn. It can only be used for credit cards, and these banks don't charge interest as long as the handling fee is charged.

Generally, banks will invite cardholders to open the business of credit card imprest, and opening the imprest business will also improve the comprehensive score, which in turn can increase the fixed amount of credit cards.

There is one more line for the credit card reserve, which does not occupy the credit line by stages. However, if the credit card reserve fund is used improperly, the installment rate is higher. Let's take the credit card reserve of Guangfa Bank as an example to illustrate that if you borrow 6000, you will repay it in six installments, each installment is:1000+6000 * 0.0075 =1045. If you can repay in full, it will be more favorable than using a credit card to overdraw the handling fee and interest, because if you withdraw 6000, the handling fee will be 145.

In addition, the use of credit card reserve fund is similar to that of credit card. If you want to repay in advance during the installment period, you still have to pay the handling fee on schedule every month according to the previous setting.

What does bank reserve mean?

The reserve fund is the reserve fund allocated by the enterprise to the enterprise's internal fund-using units or individual employees as sporadic expenses. The reserve fund allocated by enterprises can be accounted for in the detailed account of "Other Receivables-Reserve Fund" by adopting a one-time reserve fund or reserve fund system according to management needs.

Petty cash refers to the funds allocated by enterprises, organs, institutions or other economic organizations to non-independent internal units or staff for travel expenses, sporadic purchases, sporadic expenses, etc.

The reserve fund shall be managed by a designated person and used according to the specified purposes, and shall not be lent to others or used for other purposes.

Extended data:

Calculation formula of reserve fund:

Reserve fund = accumulated undistributed profit of last year+realized net profit of this year-distributed profit of this year.

Profits distributed this year = fines and penalties for confiscation of property losses and violation of tax laws+compensation for losses in previous years+withdrawal of surplus reserve and statutory public welfare fund+profits distributed to investors.

Operating income-operating expenses-depreciation of productive fixed assets-product tax+net rental income, net rental income of other assets and net converted rental of self-owned houses, etc. The net income of property does not include the premium income from the transfer of ownership of assets.

Real growth rate of per capita disposable income = (per capita disposable income in the reporting period/per capita disposable income in the base period)/consumer price index-100%.