Advantages of virtual card:
1. Each master card can open multiple virtual accounts. For example, a physical card of China Bank can open up to 20 "virtual bank cards".
2. The virtual card is copy-free and can be cancelled at any time. Because there is no physical card, the use of "virtual bank card" can also avoid being copied, and the security has been improved to a certain extent. In addition, customers can set the transaction limit and validity period according to the purpose of each "virtual bank card" and choose whether to open the online payment function for security control. The transaction limit of "virtual bank card" can be modified at any time, and unused virtual accounts can also be cancelled at any time.
3. Virtual card application is convenient. Before applying for "virtual bank card", customers need to have a debit card account of online banking, and then apply online. After applying for a "virtual bank card", customers will soon get a virtual card number, expiration date and security code, and then they can use it online.
4. Increase activity opportunities and get more discounts. If you apply for a "virtual credit card", you also have the overdraft function of a physical credit card, and you can also participate in various credit card activities.
Advantages of physical cards:
1. The biggest functions of physical credit cards are overdraft and multiple swipes, but some virtual credit cards can only enjoy discounts if they can't overdraw, and some accounts are one-off.
2. You need to swipe your card at a physical merchant, and you need to cooperate with the App client of the issuing bank. Merchants can only use it if they support mobile payment. If you have a physical card, you can pay by credit card as long as you have a pos machine, which is more convenient.
3. Physical cards can be used more widely. Physical credit cards can be used online or offline. All ATMs and POSS machines with UnionPay logo can be used, and online transactions can also be conducted through online banking. Virtual cards can only be used for online shopping or trading.
4. The maximum physical credit card is 654.38+ 10,000. Although different banks have different credit card quota standards, the general credit card quota is generally around 3,000-654.38+0,000,000 yuan. The higher the user's guaranteed assets and income, the higher the quota will be. In addition, users can also increase the quota through continuous and frequent credit card spending.
5. There are various repayment methods for physical credit cards, such as bank channels (issuer's counter, ATM, online banking, automatic transfer, telephone banking repayment), Weizhong Bank's pos mobile phone, transfer remittance repayment, online repayment, convenience store repayment, counter repayment and letter repayment.