Cash withdrawal limit refers to the credit line granted by the issuing bank (or institution) to the cardholder, which can be used for cash advance (or transfer). Usually 50% of the credit limit.
Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with 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 specialized 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 limits.
The credit card stipulated in the relevant laws of our country (Interpretation of the Provisions of NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. 20 17 12 1, the English translation and writing standards for public services were formally implemented, and the English names of credit cards were specified.
Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when spending, and repays on the bill date.
Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit. Credit cards generally refer to credit cards.
From the date of 202 1 1 1, the credit card overdraft interest rate is 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 is cancelled (the original upper limit is 0.7 times of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate).
Compared with ordinary bank savings cards, the most convenient way to use credit cards is for ordinary consumption, and there is no cash in the cards. In many cases, it is enough to return the consumption amount on time.
You can spend without deposit overdraft, and enjoy an interest-free period of 20-56 days to repay on time without any charge (most banks will charge 0.5% interest on the day of cash withdrawal, and there will be a 2% handling fee, but ICBC will only charge interest).
Incredibly high credit card limit in Britain
Annietoldmebeforehleraveandteinquiryaboutyoucreditcardlimitedraisesues, and nowyoucreditcardlimitedaboutk86,000.00, when you get the bill approved immediately.
What is the usual English expression of the symbol of "overdraft limit" of credit card?
Credit limit.
In fact, the word "overdraft limit" is not suitable for credit cards. It is better to use "credit line". Credit cards generally do not require deposits, so there is no "overdraft" problem. But the bank will approve in advance how much money you can borrow on this card every month. As long as the repayment is made on time, no interest will be charged.
Why is the English word limit of credit card creditline instead of creditlimit?
Two different kinds
line
about
loan
It is the amount you can use on your credit card for one month, which may be 20 thousand yuan.
Credit loan
The limit may be the maximum amount that you are allowed to spend in one day, and it shall not exceed 750 yuan at a time.
Please help me translate it into English, the amount of letter of credit, and help me, thank you.
translate
certificate
room xxismylinecupcardholdersordinaryartcreditcardnumber:6225 xxxxxxxx。 As of February 24th, 20 15, the limit of temporary credit card was RMB 40,000.00.
Iherebycertifythat
(Disclaimer: Thisprovedtonote, for reference)
Guangdong Development Bank Credit Card Center Customer Service
201February 25, 5
What is a credit card?
A credit card is a credit card.
1. Credit card: refers to a bank card that has a certain credit card limit, can repay first and then within the credit limit, and enjoys interest-free repayment period and interest-free deposit according to regulations. The card has the functions of credit consumption, installment payment, transfer settlement, cash deposit and withdrawal, etc.
2. Quasi-credit card: refers to a bank card that can pay first and then repay within the credit limit, but does not enjoy the interest-free repayment period, and the deposit bears interest. The card can be used at domestic and overseas acceptance points with UnionPay logo, and has the functions of credit consumption, transfer settlement, cash deposit and withdrawal, etc. A debit card is a card that the cardholder deposits first and then uses. Creditcard refers to a credit card, which is a credit certificate issued to qualified consumers. Cardholders can use it first and then return it.
Creditcard is an English credit card, which is easy to understand. It is based on personal credit, and credit card is also called "debit card". Savings card is debitcard in English, also called debit card. This is a technical term, but it is hard to understand what it has to do with "borrowing". Some people say that the money in your savings card is equivalent to lending it to the bank, so it is a debit card. Although this makes sense, it is not a professional explanation. Because "debit" and "loan" here are financial terms, which come from the double-entry bookkeeping method and have nothing to do with the meaning of these two words. If there is a "VISA" or "MasterCard" logo on the credit card, you can spend it directly abroad, and the savings card or cash must be exchanged first.
Credit cards originated in America 19 15. The earliest institutions that issued credit cards were not banks, but some department stores, restaurants, entertainment industries and gasoline companies. In order to attract customers, sell goods and expand turnover, some shops and restaurants in the United States selectively give customers a credit chip similar to a metal badge in a certain range, which later evolved into a card made of plastic as proof of customers' purchase and consumption, and used the credit chip to buy goods in our firm or company or gas station and launch credit sales services. Customers can buy goods on credit in these chip shops and their semicolons, and pay on time. This is the prototype of credit card.
This is the end of the introduction of credit card limit and how to write it in English I wonder if you found the information you need from it?