The Bank of China quasi-credit card is considered a credit card.
The Bank of China quasi-credit card usually refers to the Great Wall series of credit cards. It is a new type of quasi-credit card with no annual fee in the first year and no annual fee in the second year if the card is swiped 5 times.
The Great Wall series of credit cards will not only provide interest-free services to cardholders, but also do not require cardholders to pay a reserve fund in advance.
The Great Wall series of credit cards combine the advantages of credit cards and debit cards. They can be used as credit cards, enjoy interest-free periods, and have many debit card functions, such as peer access. There is no handling fee for the payment, and you can transfer money within the same group or across banks.