Huawei Card is a credit card, which is a credit card product jointly launched by Huawei and cooperative banks. It is an exclusive credit card customized for Huawei users and has the property of physical dual card. The first batch of open APPlications is Huawei CARD cooperated by CITIC Bank. As long as invited customers open the Huawei wallet app in their Huawei (Glory) mobile phones, Huawei Card will be added to Huawei Pay for use after activation, and Huawei Card can also be tied to third-party payment methods such as WeChat, Alipay and China Unionpay Quick Pass.

1. Credit card

A credit card, also called a debit card, is a credit certificate issued by a commercial bank or credit card company to a qualified consumer. It is in the form of a card with the name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to special commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limit.

from January 1, 221, the credit card overdraft interest rate will be determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate will be cancelled (the original upper limit is .7 times of the daily interest rate, and the lower limit is .7 times of the daily interest rate).

ii. bank card

a bank card refers to a credit payment tool issued by a commercial bank to the society with 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.

On August 15th, 22, Baidu Company, baixin bank and China UnionPay launched the first digital bank card in China-Baidu Flash Payment Card. On August 31st, China UnionPay released the first digital bank card "UnionPay Unbounded Card".

iii. Advantages and disadvantages of Huawei card Credit card

Advantages: In essence, Huawei Card Credit Card is a digital virtual card, which is convenient to use. You can directly bind the card to Huawei wallet without manually entering the mobile phone number and verification code.

in terms of rights and interests, you can enjoy the annual fee exemption in the first year, and Huwei Pay pays the annual fee exemption in the next year; Pen cash back; VIP room courtesy, flight delay insurance, brush theft insurance, aviation accident insurance, 9-share exchange, 9 yuan movies, wonderful 365 and other benefits.

Disadvantages: the consumption will return to the existing limit, not every payment will be returned, and Huawei wallet is required for online payment; In terms of credit limit, some users reported that if they had applied for a credit card in CITIC Bank before, the credit limit would have an impact if they applied for a Huawei Card credit card again.