This kind of quasi-credit card is generally used by banks that don't want to give you a credit card but don't want to lose that part of the market share and seize the market.
when you use it, you deposit the money first, and then charge it by credit card. Compared with debit card, you can get points.
There is no other use. The explanation of the bank is that if you swipe more cards, you can consider upgrading to a credit card, but the probability of elevator is basically zero.
a quasi-credit card has some functions of both a credit card and a debit card. Generally, it is necessary to pay a deposit or provide a guarantor. When using it, deposit first and then consume, and interest will be paid for the deposit. Cardholders can make a small overdraft within the amount approved by the issuing bank when shopping, but the overdraft amount will bear interest from the date of overdraft, and the arrears must be paid off at one time. Generally, there is no interest-free repayment period and minimum repayment amount, and its basic functions are transfer settlement and shopping consumption.
Extended information:
Quasi-credit card is a kind of credit card with China characteristics, and there is no such kind of credit card abroad. In the late 198s, China's banking industry introduced credit card products from abroad. Because the personal credit system in China was not perfect at that time, the banking industry in China made some changes to foreign credit card products, changing the traditional foreign credit card deposit with no interest and overdraft with interest-free period to deposit with interest and overdraft with interest.
Taken together, the characteristics of quasi-credit card mainly include:
1. Generally, it is necessary to pay a deposit or provide a guarantor to apply for a quasi-credit card.
2. Interest is calculated for deposits in quasi-credit cards.
3. The traditional quasi-credit card can be overdrawn, but there is no interest-free repayment period for overdrawn funds, so the interest can be calculated from the overdraft date, and it must be paid off in one lump sum, and the minimum repayment is not allowed.
Baidu encyclopedia-quasi-credit card