Legal analysis: Convenience card is an extremely convenient loan card, valid for 3 years. However, the longest loan can only be 1 year. After 1 year expires, the loan can be continued after repayment, and the line can be recycled. Borrow if you can, and the interest is calculated on a daily basis. There is no extra charge for prepayment. For example, in June, 65438+ 10/month 1 30,000 yuan was released, and the loan was released 1 year. Then the date of the last repayment of the principal in the following year is 65438+1 October 1, and the next year's June 65438+1October1can repay 30,000 yuan. February 1 day is full of funds, and I want to repay in advance. There is no handling fee for prepayment, and the interest is only paid 1 month. If you only want to repay the principal of 65,438+0,000 yuan on February 65,438+0, the convenience card supports prepayment of the principal, but it is not required to repay all the principal, as much as possible.

Legal basis: Measures for the Administration of Bank Card Business

Article 2 The term "bank card" as mentioned in these Measures refers to the credit payment instruments issued by commercial banks (including postal financial institutions, the same below) to the society with all or part of the functions of consumer credit, transfer settlement, cash deposit and withdrawal, etc. Without the approval of the People's Bank of China, commercial banks may not issue bank cards.

Article 6 Credit cards are divided into credit cards and quasi-credit cards according to whether the reserve fund is deposited with the issuing bank. Credit card refers to the credit card that the issuing bank gives the cardholder a certain credit limit, and the cardholder can spend first and then repay. Quasi-credit card refers to a credit card in which the cardholder must first deposit a certain amount of reserve fund according to the requirements of the issuing bank, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the credit limit stipulated by the issuing bank.

Article 7 Debit cards are divided into transfer cards (including savings cards, the same below), special cards and stored value cards according to different functions. Debit cards have no overdraft function.