Debit cards and savings cards are functionally upgraded. Savings cards can only perform basic operations such as deposit and withdrawal and transfer, while debit cards add functions such as transfer settlement and financial investment.

a credit card is an overdraft card, and the cardholder has a certain credit line to spend first and then repay, and does not charge interest within a certain interest-free period. In contrast, debit cards and savings cards do not have overdraft function, and the interest of deposits is calculated according to the current interest.

in appearance, the cardholder's name pinyin and the credit card expiration date are printed on the front of the credit card, while the cardholder's name pinyin is not printed on the front of the debit card, and there is generally no expiration date. Credit card numbers are embossed, while savings cards are mostly flat fonts. Credit cards also support dual-currency or even full-currency, with VISA or Master logo on the front, while dual-currency debit cards are rare. Printed on the back, the credit card has a special service hotline, while the service hotline of the debit card may be the same as that of the issuing bank.

in addition, credit cards can be divided into credit cards and quasi-credit cards. A credit card refers to a credit card that consumes first and then repays within the credit limit, while a quasi-credit card refers to a quasi-credit card that the cardholder deposits a certain amount of petty cash as required. When the balance of the petty cash account is insufficient to pay, it can be overdrawn within the prescribed credit limit. In general, a credit card refers to a debit card.

is the debit card a class 1 or a class 2?

generally, a debit card is a kind of card. Its functions are mainly used for cash deposit and withdrawal, wealth management, transfer, payment, payment and other functions, and the use time will not be limited. The second type of card is mainly used for large daily expenses, or wealth management and investment.

the main difference between a first-class card and a second-class card is that the second-class card cannot deposit or withdraw cash, nor can it transfer money to an unrelated account. The funds of the second-class card come from the first-class card, which can be used to purchase investment and wealth management products, deposits, consumer payments, etc.