Debit card is an ordinary savings card, which refers to a bank card that deposits first and then consumes (or withdraws cash) without overdraft function. Debit card is a credit tool with functions such as transfer settlement, cash deposit and withdrawal, shopping and consumption. Debit cards cannot be overdrawn.

Credit cards are also called credit cards. It is a non-cash transaction payment method and a simple credit service. Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card issued by a bank and gives the cardholder a certain credit limit. The cardholder can consume within the credit limit and then repay.

The debit card does not have an overdraft function. The cardholder can only withdraw cash or make purchases by credit card when he deposits part of the deposit into the bank card; with a credit card, you can spend within the credit limit and then repay. credit card.

The biggest function of a debit card is savings. Deposits in bank cards can enjoy interest; deposits in credit cards cannot enjoy interest.

Debit card withdrawals do not require handling fees; credit card withdrawals require a certain handling fee.

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Due to its ease of use and widespread popularity, debit cards are also one of the most commonly used payment tools in electronic trade. Signature debit cards from some of the world's leading brands are accepted at more than 20 million points of sale worldwide. Ease of use is one reason why debit cards are becoming increasingly popular. Not only does a debit card save you the trouble of carrying cash, it's also easy to use, makes payments fast, and the monthly statement (or statement) clearly shows all transaction records.

People without financial income, such as students, should not apply for a credit card easily. Even if they do not use the credit card, they still have to bear the annual fee and other items. People who hold credit cards should give up using their credit cards and go through the card refund procedures in a timely manner. Otherwise, various credit card fees and subsequent interest, late payment fees, etc. will lead to personal economic losses and reduced credit, which will affect mortgages, car loans, etc.

Reference materials: Debit card-Baidu Encyclopedia?Credit card-Baidu Encyclopedia