Is the flash card a savings card or a credit card?

1. The Postal Flash Card is a national debit card product issued by the Postal Savings Bank, so it is a savings card. This debit card product enjoys all the financial service functions of the Postal Savings Bank's standard green card IC card, including deposits and withdrawals, purchase and financial management, payment settlement, binding repayment, portable consumption and other functions. It is worth mentioning that the biggest feature of the postal flash card is the introduction of LED technology into the card design. The LED light source of the card will be lit when the card is swiped offline for payment.

2. In addition to the basic debit card functions of Postal Bank’s flash cards, the bank also provides users with card application and card usage gifts. If users want to apply for this card, they can go directly to a Postal Savings Bank outlet with their personal ID card to apply. This card is free of production fees, small account management fees and annual fees.

There is an essential difference between a savings card and a credit card. A savings card is a financial transaction card issued by a bank to provide financial services to depositors. It is a type of debit card. There are two types: magnetic stripe and chip. Its main function is to make deposits and withdrawals at networked ATM machines and bank counters, and to make purchases at networked POS. Credit cards refer to electronic payment cards issued by commercial banks or other financial institutions that have all or part of the functions of consumer payment, credit loans, transfer settlement, cash deposits and withdrawals, etc. The basic differences are as follows:

1. Function: Generally, debit cards do not support overdrafts. Credit cards have overdraft capabilities. The overdraft function is still very helpful for temporary urgent needs, but blind overdraft will cause some unnecessary troubles. It is still necessary to learn to consume rationally.

2. Application conditions: It is very simple to apply for a debit card. As long as you have an ID card, you can go to the bank to apply. Not all credit card applications are approved. The bank will evaluate the applicant's comprehensive situation, such as income level, social security, deposits, assets and a series of factors. The main purpose is to confirm that you have the ability to consume and repay, so it is generally difficult to apply for it if you have no financial foundation.

3. Credit impact: You can deposit and withdraw freely. Each consumption and overdraft through the debit card is your own, and the debit card has no overdraft function. Credit cards are different. Each month has a billing date and a final payment date. If you repay overdue, it may be recorded on your personal credit report, which will have a great impact on your future credit life.

4. Annual fee: Nowadays, almost many banks charge an annual fee for their savings cards, usually ranging from 10 yuan. Of course, banks have also launched savings cards that do not require annual fees. The annual fee for a credit card is as high as tens of yuan or one or two hundred yuan, but as long as you swipe the card a few times in a year, you can be exempted from the annual fee for the next year.

5. Application conditions: It is more difficult to apply for a credit card than a debit card. Applying for a credit card requires proof of employment and social security payment, but for a debit card you can apply as long as you have civil capacity.

Does China Merchants Bank’s LED flash card have a high credit limit?

In the initial review, the limit is comprehensively assessed based on the information attached to the customer’s application and your specific situation. Please refer to the audit result for the amount. The credit limit (fixed limit) of our bank's credit card starts from ￥1,000 yuan or its equivalent in U.S. dollars, and the upper limit is ￥50,000 yuan or its equivalent in U.S. dollars.

What does the postal flash card mean? What is the flash card?

The flash card is a national bank card product sold by Postal Bank. It can provide all the financial service functions of the green card IC card. At the same time, , customers can get rights such as videos, music, etc. after opening a bank account and using the card successfully. Flash cards are exempt from card cost fees, ++++ account management fees, and debit card annual fees. The above is the relevant content about what the postal flash card means.

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2. Flash cards provide customers with card-opening gifts and card-using gifts. After opening the card and following the WeChat official account of "PSBC Co-branded Credit Card" and activating it, you can get Tencent Video VIP membership and other benefits; after passing the card use, you can also receive WeChat payment card gifts and property qualification gifts, and can participate in all parts of the country A series of activities such as call competitions and qualifying gifts on key holidays. The event gifts include Tencent Video VIP members, QQ Music luxury green diamonds, QQqq super members, Didi taxi coupons and other benefits.

The theme activities are constantly upgraded and the benefits are constantly improved. You can check and claim the benefits by following the "PSBC Co-branded Credit Card" WeChat official account. This article mainly writes about the knowledge points about what the postal flash card means, and the content is for reference only. [img]

What is the use of China Merchants Bank’s LED flash card?

1. The functions are no different from ordinary credit cards. You can swipe cards, withdraw cash, etc.;

2 ,The main feature is that it can emit light when it is non-contact.

This is the end of the introduction to LED credit cards and the principles of LED credit cards. Have you found the information you need?