One: Belongs to a commercial bank: The responsibilities of the Agricultural Bank of China: a financial institution that acts as a credit intermediary through deposits, loans, exchange, savings and other businesses. Commercial bank is one of the financial institutions, and it is the most important financial institution. Its main business scope is to absorb public deposits, grant loans and handle bill discounts, etc.
Two: Introduction to the classification of Agricultural Bank of China bank cards
Among them, credit cards are divided into quasi-credit cards and credit cards, debit cards are divided into national issuance and local issuance, and co-branded cards are divided into co-branded units. Industry classification, various types of cards are introduced in order of issuance time. The pictures in "Agricultural Bank of China Bank Card Directory" are basically genuine color photos of the actual products, and have been processed by computers to provide better viewing and printing effects.
Credit cards are issued by banks to individuals and organizations. They can use them to shop and consume with specially appointed organizations and deposit and withdraw cash from banks. The form is a card with the name of the issuing bank, validity period, number, and card holder printed on the front. The person's name and other contents are included, and there is a magnetic strip and signature strip on the back.
Credit cards are issued to cardholders by banks or credit card companies based on the user's creditworthiness and financial resources. Cardholders do not need to pay cash when making purchases with the credit card, and repayment will be made on the bill date.
Credit cards are divided into credit cards and quasi-credit cards. Credit cards are issued by banks and give cardholders a certain credit limit. The cardholders can consume within the credit limit and then repay. A credit card; a quasi-credit card refers to a quasi-credit card issued by a bank. The cardholder deposits a certain amount of reserve as required. When the reserve account balance is insufficient for payment, the quasi-credit card can be overdrawn within the prescribed credit limit. The so-called credit card generally refers to a credit card only.
Debit card refers to a bank card that deposits first and then consumes (or withdraws cash) without overdraft function. According to their different functions, they can be divided into debit cards (including savings cards), special cards and stored-value cards. Debit card is a credit tool with functions such as transfer settlement, cash deposit and withdrawal, shopping and consumption. Debit cards cannot be overdrawn. Debit cards have the functions of transferring money, depositing and withdrawing cash, and spending money. A special card is a debit card used for special purposes in a specific area (purposes other than department stores, restaurants, and entertainment industries). It has the functions of transferring funds, depositing and withdrawing cash. A stored-value card is a prepaid wallet-style debit card in which the bank transfers funds to the card for storage at the request of the cardholder and directly deducts funds from the card during transactions.
A co-branded card is a bank card jointly issued by a card-issuing bank and a for-profit institution. The most common is a co-branded debit card, which is a co-branded card developed on the basis of a debit card. bank card. Co-branded cards not only have all the features of a bank card - cash deposits and withdrawals, card purchases, transfers, etc., but also add some new functions according to the regulations of banks and merchants. Compared with other forms of credit cards, co-branded cards not only have low application requirements, but also enjoy double benefits. This entry provides a detailed introduction to the functions, features and main advantages of co-branded cards.