Friends who have applied for bank cards should know that bank cards are divided into savings cards, consumption cards and credit cards. These three types of business functions and services have different functions. Deposit cards are the most commonly used by everyone. . So, what is the difference between a consumer card and a credit card? Some people may have never been exposed to consumer cards before, so they have never been clear about the difference between consumer cards and credit cards. Let’s take a look.

What is the difference between consumer cards and credit cards?

The so-called consumer cards are either developed by shopping mall customers themselves or jointly issued with banks. For users who do not understand this type of card, they often I'm a bit unclear on the difference between credit cards and consumer cards. It should be mentioned that consumer cards and credit cards are different in terms of nature, issuing unit, and processing methods.

The consumption card itself is a type of stored-value card. It can also be said to be a one-time card with a fixed consumption limit. There is no need to repay after using the consumption card for consumption; it can be a shopping mall type card. It can be issued by the customer or jointly with the bank; generally, the user needs to pay an amount equal to the value of the card to purchase.

The above is an introduction to the difference between consumer cards and credit cards. You can pay attention to the fact that there are still big differences between the two.