Why do some credit cards not have physical cards? Does not affect the use of credit cards

After the credit card issued by most banks is approved, the physical card will be sent to you. You can use the card after you get it and activate it. However, some credit cards do not have physical cards. Many cardholders find it strange and want to know why there are no physical cards and how to use such credit cards. Let’s find out together.

Why do some credit cards not have physical cards?

In fact, it is normal for a credit card to not have a physical card, because it is a virtual credit card issued by a bank and consists of a set of virtual, security codes and validity periods.

Compared with physical cards, this type of credit card has the advantage of fast card approval. After the online application is approved, you can go to the bank for an interview and activate the card on the same day. The card can be used on the same day as soon as you apply for the card.

How to use a credit card without a physical card?

You can use the card to make purchases and withdraw cash just like the physical card, but the method of use will be different.

1. Credit cards without physical cards cannot be used directly for consumption. They need to use smart devices and third-party payment platforms to use them. You can download Alipay, WeChat, etc., and QuickPass APP on a smartphone with NFC function, enter the security code and other information in the card binding center to complete the card binding, and then pay online, scan the code to pay, and QuickPass. OK.

2. For credit cards without physical cards, you can also apply for credit card cash advance services. After successful application, the bank will transfer the money to the provided savings card; or you can perform cardless withdrawals at ATM machines at some bank outlets. , withdraw cash within the credit card withdrawal limit.

In short, credit cards without physical cards will not affect your use of the card, and you don’t have to worry about losing the card. In addition, banks provide relevant security measures for this type of credit cards to ensure the safety of the funds in the card. You can use the card with confidence.

Can I make purchases if I only know the credit card and password but not the actual card?

When booking hotels and air tickets, you only need to know the password and no physical card to make the purchase.

No password is required. You only need to provide the credit card, validity period and three digits behind it to make the purchase. The staff at Industrial Bank said that this is a normal payment method, but the cardholder really needs to keep it properly. Credit card and personal information.

When booking hotels and air tickets, these transactions are generally offline. Offline transactions do not require a password, and the credit card is provided directly to the merchant. To ensure that the credit card is valid, the merchant will generally ask the cardholder to provide a 3-digit verification code and the expiration date of the credit card. After verification by the credit card organization, the payment can be directly debited.

Many cardholders think that as long as they keep their passwords safe, nothing will happen to their bank cards. In fact, information such as ID number, birthday, and mobile phone number are also very important. Credit card All the information on the page is an important protected object and cannot be shown to others casually. It is best to keep credit cards away from sight.

Extended information:

1. Only when the customer's credit card is stolen through signature authentication, can the bank's loss protection be enjoyed, while consumption or withdrawal can be made by swiping the card through password Cash does not enjoy the above services. In addition, problems with credit card online transactions and telephone transfer transactions are also not covered.

2. Charges of annual fees for credit cards that have not been opened are mainly divided into two categories:

(1) Annual fees for cards that have not been opened are still charged because many consumers cannot resist the temptation of gifts. , I opened extra credit cards, but they were not activated;

(2) Because many cardholders hold credit cards from multiple banks, it is inevitable that they will make mistakes or forget to use them.