The credit card brand products jointly launched by Bank of Communications and HSBC are aimed at "a group of people who have ideals and pursuits in life and career, know how to enjoy, are more willing to struggle, sometimes have the needs of studying abroad, doing business, studying abroad or traveling abroad, and are also people with high living standards who are willing to try new consumption habits."
Debit card refers to a bank card that has no overdraft function and can only deposit first and then consume (or withdraw cash). According to their different functions, it can be divided into savings card, special card and stored value card. Debit card is a credit tool with the functions of cash deposit and withdrawal, transfer and settlement, shopping and consumption. Debit cards cannot be overdrawn. The savings card has the functions of transferring money, accessing cash and spending.
Special card is a debit card used for specific purposes (except for department stores, restaurants and entertainment industries) in a specific area, which has the functions of transferring money and depositing and withdrawing cash. Stored value card is a prepaid wallet debit card in which the bank transfers funds to the card for storage according to the cardholder's requirements, and directly deducts money from the card during the transaction.
After introducing the advanced technology and management of HSBC, Bank of Communications issued Bank of Communications Pacific Credit Card, which is a credit card product with great efforts. It brings together local and global advantages, advocates a brand-new card experience and consumption culture with the theme of "China Global Card", and provides preferential and thoughtful services worldwide.