Online banking, also known as Internet banking and online banking, refers to banks using Internet technology to provide customers with account opening, inquiry, reconciliation, intra-bank transfer, inter-bank transfer, credit, online securities, investment and financial management through the Internet and other traditional services, allowing customers to safely and conveniently manage current and time deposits, checks, credit cards, and personal investments without leaving home. It can be said that online banking is a virtual bank counter on the Internet. ?
Credit Card (English: Credit Card), also called credit card. It is a non-cash transaction payment method and a simple credit service.
A credit card is generally a special carrier plastic card with consumer credit that is 85.60 mm long, 53.98 mm wide, and 1 mm thick. It is issued by the bank to individuals and organizations, and can be used to shop, consume, and deposit and withdraw cash from the bank. It is in the form of a card with the name of the issuing bank, validity period, number, cardholder name, etc. printed on the front and a magnetic card on the back. strip, signature strip.
Credit cards are issued to cardholders by banks or credit card companies based on the user's creditworthiness and financial resources. The cardholder does not need to pay cash when using the credit card to make purchases, and repayment will be made on the billing date (English: Billing Date) .
Credit cards are divided into credit cards and quasi-credit cards. Credit cards are issued by banks and give cardholders a certain credit limit. The cardholders can consume within the credit limit and then repay. credit card; quasi-credit card refers to one issued by a bank. The cardholder is required to deposit a certain amount of reserve fund. When the reserve account balance is insufficient to pay, it is a quasi-credit card that can be overdrafted within the specified credit limit. The so-called credit card generally refers to a credit card only. ?
Debit card
Debit card [debit card] can be used for consumption online or at POS, or transfer and withdrawal through ATM. Overdraft is not allowed, and the amount in the card is calculated as a current deposit. Pay interest. Funds are withdrawn directly from your savings account when you spend or withdraw money. Debit cards generally require a password (PIN) when used. Debit cards can be divided into ordinary cards, gold cards and platinum cards according to their levels; they can be divided into domestic cards and international cards according to their scope of use.
Credit card
Credit card (Credit card), often called credit card, refers to a certain credit limit given by the issuing bank to the cardholder. The cardholder can use the credit limit within the credit limit. A credit card where you spend first and pay later. It has the following features: consume first and repay later, enjoys an interest-free payment period (up to 56 days), and has a minimum repayment amount. Customers can repay in installments if they have overdrafts. Customers need to pay a certain amount of annual fees to the bank they apply for, which differs from bank to bank.
Quasi-credit card
A quasi-credit card is a single-currency, single-account credit card that bears interest on deposits and settles card purchases in RMB. It has the functions of transfer settlement, cash deposits and withdrawals, Credit consumption, online banking transactions and other functions. When the balance of the account is insufficient for payment by swiping the card for consumption or cash withdrawal, the cardholder can overdraft consumption or cash withdrawal within the prescribed limited credit limit, and a certain amount of interest will be charged. There is no interest-free repayment period.
Function
Quasi-credit card is a type of credit card with Chinese characteristics. There is no such type of credit card abroad. In the late 1980s, China's banking industry introduced credit card products from abroad. Because China's personal credit system was not very perfect at that time, the Chinese banking industry made certain changes to foreign credit card products. The traditional foreign credit card policy of no interest on deposits and an interest-free period for overdrafts was changed to one with interest on deposits and no interest-free period for overdrafts.
A quasi-credit card has some functions of both a credit card and a debit card. It generally requires a deposit or a guarantor. When using it, you deposit first and then consume, and interest is calculated on the deposit. Cardholders can make small overdrafts within the limit approved by the card issuer when making purchases, but interest will be calculated on the overdraft amount from the date of overdraft, and the balance must be paid off in one go. There is no interest-free repayment period and minimum repayment amount. The basic functions are transfer settlement and shopping consumption.
Features
Taken together, the main features of quasi-credit cards are:
(1) Applying for a quasi-credit card generally requires paying a deposit or providing a guarantor ;
(2) Interest is calculated on deposits in the quasi-credit card;
(3) The quasi-credit card can be overdrafted, but there is no interest-free repayment period for overdrafts. Interest is calculated from the date of the overdraft and must be paid off in one lump sum with no minimum repayment.
As a transitional product in the development process of China's credit card industry, quasi-credit cards are gradually withdrawing from the stage of history. In our real life, the usage and significance of quasi-credit cards are gradually decreasing. ?