What's the difference between a credit card and a credit card?

The difference between them is that a credit card can withdraw half of the credit limit, with a short term and interest of five ten thousandths a day. Credit cards can be cashed in full, with a long term and low interest, which varies according to different loan products.

A: Credit card loan

Literally, it is not difficult to see that credit card loan is based on the credit card platform to carry out credit card installment or cash advance business.

It is understood that many banks have launched credit card loans, such as Guangfa Bank, Industrial Bank and China CITIC Bank. However, the maximum loan amount of each bank's credit card pre-lending business is not the same, generally depending on the cardholder's credit card amount, which usually refers to 9% of the credit card amount, but also 1% of the credit card amount.

B: credit loan

as the name implies, a credit loan is a loan fund issued by a bank with full trust in the borrower's qualification. Its characteristic is that the debtor can get a loan only by his own reputation without providing collateral or third-party guarantee. This has attracted the attention of many young people who don't have much savings.

characteristics and functions of credit card

① credit card is one of the fastest-growing financial services, and it is an electronic currency that can replace traditional cash circulation to a certain extent.

② Credit cards have both payment and credit functions. Cardholders can use it to buy goods or enjoy services, and they can also obtain certain loans from card issuers by using credit cards.

③ Credit card is a high-tech product integrating financial business and computer technology.

④ Credit cards can reduce the use of cash.

⑤ Credit card can provide settlement service, which is convenient for shopping and consumption and enhances the sense of security.

⑥ Credit cards can simplify the collection procedures and save social labor.

⑦ Credit card can promote commodity sales and social demand.

the difference between a credit card center and a credit department

a credit card center is specialized in credit card business.

and the credit center is mainly for loan business.

the two departments have their own responsibilities.

Which is better, credit card loan or bank loan?

Credit card is cost-effective or bank loan is cost-effective, which is discussed in different situations. If it is short-term, it is more cost-effective to use credit card.

if it is a long-term capital demand, it is relatively cost-effective to use bank loans. If the credit card usage amount does not exceed 5% of the fixed amount, it is more cost-effective to use the credit card;

for large consumption with credit card usage exceeding 5%, it is more cost-effective to use bank loans.

Main features of credit card:

1. Credit card is one of the fastest-growing financial services, which can replace traditional cash circulation in a certain range;

2. Credit cards have both payment and credit functions. Cardholders can use it to buy goods or enjoy services, and they can also obtain certain loans from card issuers by using credit cards;

3. Credit card is a high-tech product integrating financial business and computer technology.

4. Credit cards can reduce the use of cash currency;

5. Credit card can provide settlement service, which is convenient for shopping and consumption and enhances the sense of security;

6. Credit cards can simplify the collection procedures and save social labor;

7. Credit cards can promote commodity sales and meet social needs.

Main types

According to different card issuers, it can be divided into bank cards and non-bank cards

Bank cards. This is a credit card issued by the bank. Cardholders can shop and spend money at the special merchants of the issuing bank, or withdraw cash at any time at all branches of the issuing bank or places with ATMs.

non-bank card. This kind of card can be divided into retail credit card and travel entertainment card. Retail credit cards are credit cards issued by commercial organizations, such as department stores and oil companies, which are dedicated to shopping in designated stores or filling gas stations, etc., and are settled regularly. Travel and entertainment cards are credit cards issued by service industries, such as airlines and travel companies, which are used for ticket purchase, dining, accommodation and entertainment.

according to different card issuers, it can be divided into corporate cards and personal cards

corporate cards. Corporate cards are issued to all kinds of industrial and commercial enterprises, scientific research and education institutions, state party and government organs, military units, organizations and other legal organizations.

personal card. Personal cards are issued to individual urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable income sources. Personal cards are applied for in the name of individuals and bear all the responsibilities of using them.

According to the credit status of cardholders, it can be divided into ordinary cards and gold cards.

Ordinary cards. Ordinary cards are issued to cardholders with average economic strength, credibility and status, and their requirements are not high.

gold card. Gold card is an advanced credit card that pays high membership fee and enjoys special treatment. Card issuers are those with high credit, strong repayment ability and credit or certain social status. The starting point of gold card authorization limit is higher, and the additional service items and scope are much wider, so the requirements for related service fees and guarantee money are also higher.

according to different payment methods, credit cards can be divided into debit cards and debit cards

credit cards. It is that when the issuing bank provides bank credit, it overdraws first, and then repays or pays by installments. Most of these cards are used in international circulation. That is to say, the way to allow cardholders to pay off their credit card accounts is "consume first, then deposit". At present, most of the cards in circulation in the world are of this kind.

credit card and debit card. It is a credit card issued by the bank, which deposits first and then consumes. When applying for a credit card, the cardholder needs to deposit a certain amount of money in the issuing bank in advance for backup. The cardholder needs to use the card on the basis of the deposit balance, and generally overdraft is not allowed.

can I get a loan with a credit card?

Credit cards can be used for loans. As long as the lender has good credit standing, stable income and good repayment ability, there is no need to consider other issues.

Credit card loan refers to the overdraft function granted by the bank to the cardholder within a certain limit, which turns the consumer loan function of the credit card into unsecured, and is actually a credit card transfer loan business.

after the credit card application is approved, the bank will transfer part or all of the amount in the credit card to the debit card and repay the loan according to the repayment period agreed with the bank. This kind of loan can apply for a loan amount ranging from 5 to 2.

a credit card, also known as a debit card, is a credit certificate issued by a commercial bank or credit card company to a consumer with qualified credit. 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.

the credit card stipulated in the relevant laws of our country (the NPC Standing Committee's Interpretation of the Provisions on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or some functions such as consumer payment, credit loan, transfer settlement, cash deposit and withdrawal? . On December 1, 217, the Standard for English Translation and Writing in Public Service Field was officially implemented, stipulating that the English name of the CreditCard standard is Credit Card.

credit card consumption is a non-cash transaction payment method, and it is not necessary to pay cash when spending, and the repayment will be made on the BillingDate.

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards with a certain credit limit within which the cardholder 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 as required, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the specified credit limit. The credit card generally refers to a credit card.

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).

On May 25th, 221, the Supreme People promulgated and implemented the Provisions of the Supreme People on Several Issues Concerning the Trial of Civil Cases of Bank Cards.

main features

① Credit card is one of the fastest-growing financial services, which can replace traditional cash circulation in a certain range;

② Credit cards have both payment and credit functions. Cardholders can use it to buy goods or enjoy services, and they can also obtain certain loans from card issuers by using credit cards;

③ Credit card is a high-tech product integrating financial business and computer technology.

④ Credit card can reduce the use of cash and currency;

⑤ Credit card can provide settlement service, which is convenient for shopping and consumption and enhances the sense of security;

⑥ Credit card can simplify the collection procedures and save social labor;

⑦ Credit card can promote commodity sales and social demand.

This is the end of the introduction about the differences between credit cards and credit cards. Have you found the information you need?