The difference between Industrial Bank’s credit card and wealth management card (debit card):

(1) Different application methods

Industrial Bank’s credit card application needs to go through the bank A series of reviews are required before the card can be issued, and customers applying for a wealth management card (debit card) only need to meet a certain amount of the bank's daily average comprehensive financial assets equivalent to a certain amount in RMB.

(2) Different charging items

Wealth management cards (debit cards) generally charge account management fees, while credit cards charge annual fees.

(3) Different validity periods

Financial management cards (debit cards) generally have no validity limit, while credit cards have a validity period, usually 3-5 years. After expiration, you need to Replace the card.

(4) Different ways of consumption

When a customer swipes a wealth management card (debit card), the customer’s money deposited in the bank is consumed, while when a credit card is swiped, the bank’s money is used. It can be repaid on time before the final payment date arrives.

Industrial Bank-Personal Finance-Personal Financial Management Card

Baidu Encyclopedia-Debit Card

Baidu Encyclopedia-Credit Card