1. The interest rates are different.

Credit cards generally have a daily interest rate of 0.05%, a monthly interest rate of 1.5%, and the monthly interest rate is compounded, which is about 20% in one year.

Financial loans are not that high, with an annual interest rate of about 12%~ 18%, some are even lower, most are 16%, which is similar to the interest rate of credit card installment payment.

2. The amounts are different.

The credit card limit is generally tens of thousands of yuan (10,000 to 50,000 yuan), and some high-level credit cards can reach more than 100,000 yuan.

But the financial loan amount can reach hundreds of thousands.

Credit cards also have limits of 200,000 or 50,000, but the approval process is similar to that of a loan.

3. Interest-free is different.

Credit cards are generally interest-free for one month (taking into account the relationship between the card payment date and the repayment date, the interest-free period ranges from 20 to 50 days.)

Loans are from the first Interest will be calculated on the second day.