An overdraft card is a type of credit card (credit card), also called a credit card. There is not much difference between the two in actual use. It can be said that an overdraft card is a credit card (credit card) .

It is understood that the credit card (credit card) that everyone uses daily is a financial instrument that the bank gives the cardholder a certain credit limit. Within this credit limit, the cardholder can overdraft consumption. If you pay in full on the repayment date, you can enjoy a certain interest-free period.

In addition, there is also a kind of credit card (credit card) called a quasi-credit card, which requires the cardholder to deposit a certain amount of reserve fund. When the balance of the reserve fund account is insufficient for payment, it can be stipulated by the card-issuing bank. overdraft within the credit limit. Quasi-credit cards are rare on the market now. They are inconvenient to use and require depositing money.