Credit card is what we call credit card, which can be overdrawn and used for consumption or shopping in shopping malls, hotels and other occasions. There is an interest-free repayment period of 25-56 days, during which you don't have to pay bank interest as long as you repay the overdrawn money. You can also activate the automatic repayment function, which will be automatically deducted from your savings card account when the credit card is due for repayment. As long as there is money on the savings card, you can use the credit card to spend and shop at will, eliminating the trouble of carrying cash.

Credit card, also known as credit card, is generally a special carrier plastic card with consumer credit. It is 85.60mm long, 53.98mm wide and 1mm thick. Refers to the credit card that the issuing bank gives the cardholder a certain credit line, and the cardholder can spend first and then repay. Credit card is a real credit card, which has the functions of credit consumption, transfer settlement and cash deposit and withdrawal. It is a non-cash transaction payment method and a simple credit service.

Credit card features: first consume and then repay, enjoy an interest-free repayment period (up to 56 days), have a minimum repayment amount, and customers can repay by installments independently in case of overdraft.

Processing of credit cards:

Credit cards have an interest-free repayment period. The interest-free repayment period is from the bank bookkeeping date to the due repayment date stipulated by the issuing bank. Cardholders can enjoy an interest-free repayment period by repaying all the used bank funds before the due repayment date, without paying interest on non-cash transactions. Only applicable to consumer behavior.

Credit cards also have a minimum repayment amount. If the cardholder has difficulty in repaying all the money used by the bank before the due repayment date, he can repay according to the minimum repayment amount stipulated by the issuing bank.

Credit cards do not enjoy interest-free repayment period and minimum repayment amount, but they should pay overdraft interest calculated at the prescribed interest rate on the cash transaction amount from the bank bookkeeping date.