Yes, under normal circumstances, bank cards are divided into credit cards and debit cards according to whether they give the cardholder a credit limit.

Debit cards are divided into transfer cards, special cards and stored-value cards according to different functions. Debit cards cannot be overdrawn. Debit cards have the functions of transferring money, depositing and withdrawing cash, and spending money. A special card is a debit card used in a specific area and for special purposes (referring to purposes other than department stores, restaurants, and entertainment industries). It has the functions of transferring funds, depositing and withdrawing cash.

Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card in which the card-issuing bank gives the cardholder a certain credit limit, and the cardholder can consume within the credit limit first and repay later. A quasi-credit card refers to a credit card in which the cardholder first deposits a certain amount of reserve fund as required by the bank. When the reserve fund is insufficient to pay, the cardholder can overdraw within the credit limit specified by the card-issuing bank.

Extended information:

Commercial banks that have opened credit card or debit card business can apply to the People's Bank of China for the issuance of co-branded/identified cards, special cards, and stored-value cards; those that have opened RMB credit cards Commercial banks engaged in business can apply to the People's Bank of China for the issuance of foreign currency credit cards. Commercial banks that issue co-branded cards, IC cards, and stored-value cards for nationwide use must report to the Head Office of the People's Bank of China for approval.

Commercial bank branches that handle bank card business approved by the head office of the People's Bank of China shall file with the local branch of the People's Bank of China with the approval document of the People's Bank of China and the authorization document of the head office. Special cards and co-branded cards used in the issuing area of ??a commercial bank branch shall be submitted to the local central branch of the People's Bank of China for record with the authorization document from the commercial bank's head office and the agreement between the two parties.

Baidu Encyclopedia-Bank Card