2. Interest settlement transactions are beneficial to savings users, because banks will settle interest to users, but not so friendly to loan users. The interest settlement transaction of bank card refers to the actual settlement of bank interest. After reaching the date agreed by the cardholder and the bank, the bank will settle the interest due to the depositor or charge the borrower interest. Usually, as long as there is a current balance in the bank card account, users will receive the corresponding interest settlement on a regular basis.
1. bank card
a bank card refers to a credit payment tool that is approved by commercial banks (including postal financial institutions) and has all or part of the functions of consumer credit, transfer settlement, cash deposit and withdrawal, etc. Bank card reduces the circulation of cash and checks, which makes the banking business break through the limitation of time and space and undergo fundamental changes.
2. Debit card
1. Debit cards on the back of common bank cards are divided into transfer cards, special cards and stored-value cards according to different functions. Debit cards cannot be overdrawn. The transfer card has the functions of transfer, cash deposit and withdrawal and consumption. A special card is a debit card used in a specific area and for special purposes (referring to uses other than department stores, restaurants and entertainment industries). It has the functions of transferring money and depositing and withdrawing cash. Stored value card is a prepaid wallet debit card in which the bank transfers funds to the card for storage according to the cardholder's requirements, and directly deducts money from the card during the transaction.
2. 〔debit card〕 can be used for online or POS consumption or ATM transfer and withdrawal, and cannot be overdrawn. The interest on the amount in the card is calculated and paid according to the current deposit. When spending or withdrawing money, the funds are directly drawn from the savings account. Debit cards generally require a password (PIN) when used. Debit cards can be divided into ordinary cards, gold cards and platinum cards according to their grades; According to the scope of use, it can be divided into domestic cards and international cards.
iii. Credit card
A credit card, often called a credit card, refers to a credit card in which the issuing bank gives the cardholder a certain credit line, within which the cardholder can spend first and then repay. It has the following characteristics: first consume and then repay, enjoy an interest-free payment period (up to 56 days), and have a minimum repayment amount, and customers can repay by installments when they overdraw. Customers need to pay a certain amount of annual fees to the banks that apply, and each bank is different.
4. quasi-credit card
1. quasi-credit card is a single-currency single-account credit card with interest-bearing deposits and RMB for credit card spending, and has the functions of transfer settlement, cash deposit and withdrawal, credit consumption and online banking transactions. When the balance of credit card consumption and cash withdrawal account is insufficient to pay, the cardholder can overdraw the consumption and cash withdrawal within the specified limited credit limit and charge a certain interest. There is no interest-free repayment period.
2. Quasi-debit card is a kind of credit card with China characteristics, which is not available 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.
3. A quasi-credit card has some functions of both a credit card and a debit card. Generally, you need to pay a deposit or provide a guarantor. When you use it, you should deposit before spending, and interest will be paid for the deposit. The cardholder can make a small overdraft within the limit 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. There is no interest-free repayment period and minimum repayment amount, and its basic functions are transfer settlement and shopping consumption.