Debit card refers to a bank card issued by the issuing bank to the cardholder. It has no credit limit and the cardholder deposits first and uses it later. Credit card refers to a credit card issued by a bank and gives the cardholder a certain credit limit, and the cardholder can consume within the credit limit and then repay.

Credit cards do not require guarantees and mortgages, and you can consume first and repay later. Cardholders who use bank funds to swipe their cards for consumption can enjoy the interest-free period as long as they repay the amount in full before the due payment date. Credit cards or debit cards are different from debit cards. No interest will be charged on the money deposited into the credit card.

We go to the bank to apply for a card and tell the staff to apply for a debit card. The other party will apply for a debit card for you. Business; if you want to apply for a credit card, the other party will handle the credit card business for you. You may be wondering, how come there are two different names for a card?

In fact, one is written language and the other is spoken language. Debit card is the written language of savings card, and savings card is the spoken language of debit card; the same is true for credit cards and credit cards.

The difference between debit card (savings card) and credit card (credit card)

The bank cards we commonly use are mainly divided into two types, debit card (savings card) and Credit card (credit card).

Debit card (savings card) refers to a bank card that deposits money first and then spends money. It does not have an overdraft function. Debit cards are easy to carry. You can withdraw money at a manual counter or operate it yourself at an ATM machine. Debit card savings can also earn interest; and a credit card (credit card) is a bank card in which the card-issuing bank gives the cardholder a certain credit limit, and the cardholder can consume first and repay later within the credit limit.

The most intuitive difference between a credit card and a debit card is that the 3-digit Arabic numeral CVN code is printed on the signature strip on the back of the credit card.

(1) Application for debit and credit cards

1. It is very simple to apply for a debit card (deposit card). You need to bring your valid ID to any bank across the country. You can apply for it online.

2. Credit cards (credit cards) are relatively complicated. They need to be over 18 years old, have full civil capacity, and have good credit. Individuals who meet the above conditions can present their valid identity documents and related information. Apply for a personal credit card from the bank. If it is your first time to apply for a credit card through a bank's online channel, you will have to go to a branch to complete the interview after the initial review. During the interview, you need to provide relevant personal credit materials, which will help increase the approval limit. There is no need to go to the on-site interview to apply again.

(2) Debit card and credit card password settings

There are many settings for bank card passwords according to usage scenarios, which are mainly divided into three types: payment, inquiry, Channel login password, you can forget these passwords or remember them incorrectly! But it must be kept secret!

1. Payment password: It is also commonly known as bank card password. It is mainly used for cash withdrawals, transfers and other transactions. The password is generally a 6-digit pure number. For example, if the payment password of the Agricultural Bank of China debit card is entered incorrectly three times in a row through various transaction channels within a day, it will be locked and will not be automatically unlocked. The card owner needs to hold a valid ID and bank card and go to the branch in person to unlock or reset the password. It is also to prevent others from stealing bank cards.

2. Query password: Query password is mostly used for credit card customer service self-service voice and customer service manual service verification process channels. If the query password or query password is not set, you can set a password or handle password unlocking and reset through the credit card customer service hotline.

3. Channel login password: If the debit card has opened an electronic channel, you also need to set an electronic banking channel password. This password is not a unified password. It is divided into the following passwords.

Take the Agricultural Bank of China as an example! And so on to others!

(1) Online banking login password: refers to the password used when logging in to Agricultural Bank of China’s online banking on a PC. The number of digits is set to 8 to 18. It can be pure numbers or a combination of letters and numbers.

(2) Palm Bank login password: refers to the password used when logging into the Agricultural Bank of China Palm Bank client on a mobile phone. The number of digits is also 8 to 18 digits. It can be pure numbers or letters and Number combination. This password can be the same as the online banking login password. It is easy to forget if you make up too many passwords!

(3) Telephone banking login password: It is mainly used when calling the customer service hotline. It is a password that needs to be entered when performing operations such as balance inquiry and transfer through self-service voice. The password is a 6-digit pure number.

Repeat it again, you can forget your password! But it must be kept secret!

What to do if you forget your password! Focus on it!

Login passwords for various channels can be retrieved through mobile phone authentication, and the phone number and inquiry password can be modified through the customer service phone. However, the payment password still requires the card owner to hold a valid ID card and bank card and go to the branch to apply for the password in person. Just unlock or reset.

(3) About transfer equipment

Generally when opening the electronic banking channel at a bank outlet, the staff will give you a small device and tell you that you can use it to transfer money! So what are these things and what are the transfer limits?

This device is called a security authentication device. Taking the Agricultural Bank of China as an example, it is mainly divided into K treasure and K order:

K treasure: refers to the security hardware used to store your identity certificate. For first time use, you need to download the certificate and set an 8-digit K Bao password. The default maximum transfer, remittance and online payment limit is 1 million yuan for a single transaction, and the daily cumulative limit is 5 million yuan; this limit can be increased at the counter of any ABC outlet.

K Order: It is a security authentication tool that can be used on personal online banking, personal mobile banking, telephone banking, and e-commerce B2C payment channels at the same time. The default maximum transfer, remittance and online payment limit is 500,000 yuan for a single transaction, and the daily cumulative limit is 500,000 yuan.

After applying for a new K-order, you need to activate and set a power-on password first. If you are prompted to use the K command during the transaction, the system page will prompt you with the steps to obtain the dynamic password. You can enter the correct dynamic password according to the system prompts.