What kind of cards does a credit card include?

Credit cards refer to bank cards that can be overdrafted in advance. There are many types of such cards. If divided according to some standards, credit cards can include a lot of Cards, such as main card and supplementary card, foreign currency card and UnionPay card, etc. Let’s learn about them together.

There are many types of credit cards. Here, credit cards are roughly divided into these types of cards according to 4 standards:

1. According to the credit card issuing organization, it can be divided into international cards and UnionPay cards. Cards

1 International cards: International cards generally have five major organizations, such as VISA, MasterCard, JBC, etc. These cards can be used unimpeded in institutions and outlets around the world that can accept credit cards of this brand.

2 UnionPay card: UnionPay card refers to a credit card with the UnionPay logo, which is generally used in China. Globally, it can only be swiped at POS machines with the UnionPay logo or withdraw cash from ATMs;

2. According to the card level, it can be divided into ordinary credit cards and high-end credit cards

1 Ordinary credit cards: generally include regular cards and gold cards, which are relatively easy to apply for;

2 High-end credit cards Credit cards: including platinum cards, unlimited cards, diamond cards, etc., the qualification requirements for applicants are relatively high;

3. According to the affiliation, they can be divided into main cards and supplementary cards

1 Main card: The main card is a credit card issued by the card issuer to individuals who have reached a certain age, have full capacity for civil conduct, and have stable work and income.

2 Supplementary card: Supplementary card refers to a credit card issued by the card issuer when the principal cardholder applies for his or her parents, spouse, children or relatives and friends who have full capacity for civil conduct.

4. According to the different objects of card issuance, it can be divided into corporate cards and personal cards

1 Corporate cards: also called business cards, are issued by card issuers with business services as the core. The credit card is specially designed to meet the needs of the company, providing differentiated employee credit lines, comprehensive statements, business travel preferential plans and other professional services to prepare company employees for official business travel consumption, business entertainment and other expenses.

2 Personal card: It is a credit card issued by the card issuer to individuals with full civil capacity and stable work and income, which is different from company cards.

Credit card types

According to different classification standards, credit cards are mainly divided into the following types: They can usually be divided according to the following six standards: (1) According to the credit card issuer, they can be divided into They are bank cards and non-bank cards; (2) According to the credit card information storage medium, they can be divided into magnetic stripe cards and chip cards; (3) According to the different payment methods, they can be divided into: credit cards, quasi-credit cards and Debit card

Credit card, also called credit card, is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

According to different card issuers, they can be divided into bank cards and non-bank cards

Bank cards. This is a credit card issued by a bank. Cardholders can shop at the card-issuing bank's special merchants, and can also withdraw cash at any time at any branch of the card-issuing bank or at places with ATMs.

Non-bank card.

This type of card can be specifically divided into retail credit cards and travel and entertainment cards. Retail credit cards are credit cards issued by commercial institutions, such as department stores, petroleum companies, etc., which are specially used for shopping in designated stores or refueling at gasoline stations, etc., and are settled regularly. Travel and entertainment cards are credit cards issued by the service industry, such as airlines, travel companies, etc., and are used for purchasing tickets, meals, accommodation, entertainment, etc.

According to the different objects of issuance, it can be divided into corporate cards and personal cards

Corporate cards. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, national party and government agencies, military units, groups and other legal organizations.

Personal card.

Personal cards are issued to urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable sources of income. A personal card is applied for in the name of an individual and he/she bears all responsibilities for using the card.

According to the credit status, status and other credit conditions of the cardholder, it can be divided into ordinary cards and gold cards

Ordinary cards. Ordinary cards are issued to cardholders with average financial strength, credibility and status, and their various requirements are not high.

Gold Card.

Gold card is a high-end credit card that pays high membership fees and enjoys special benefits. Cards are issued to those with higher credit standing, stronger repayment ability and credit, or those with a certain social status. The authorization limit of the gold card starts from a higher level, and the additional service items and scope are much wider, so the requirements for relevant service fees and security deposits are also relatively high.

What are the types of credit cards?

Credit cards are divided into two types: credit cards and quasi-credit cards:

1. A credit card means that the cardholder has a certain credit limit and can use it within the credit limit. A credit card that is repaid after consumption;

2. Quasi-credit card means that the cardholder deposits a certain amount of reserve fund as required. When the balance of the reserve account is insufficient for payment, the credit card can be used within the specified credit limit. Quasi-credit card with internal overdraft.

1. According to different card issuers, they can be divided into bank cards and non-bank cards

1. Bank card

This is a credit card issued by a bank. Cardholders can shop and consume at the card-issuing bank's special merchants, and can also withdraw cash at any time at any branch of the card-issuing bank or at places with ATMs.

2. Non-bank cards

This type of card can be specifically divided into retail credit cards and travel and entertainment cards. Retail credit cards are credit cards issued by commercial institutions, such as department stores, petroleum companies, etc., which are specially used for shopping in designated stores or refueling at gasoline stations, etc., and are settled regularly. Travel and entertainment cards are credit cards issued by the service industry, such as airlines, travel companies, etc., used for purchasing tickets, meals, accommodation, entertainment, etc.

2. According to the different objects of issuance, it can be divided into corporate cards and personal cards

1. Corporate cards.

Company cards are issued to various industrial and commercial enterprises, scientific research and education and other institutions, national party and government agencies, military units, groups and other legal organizations.

2. Personal card. Personal cards are issued to urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable sources of income. A personal card is applied for in the name of an individual and he/she bears all responsibilities for using the card.

3. According to the credit status, status and other credit conditions of the cardholder, it can be divided into ordinary cards and gold cards

1. Ordinary cards.

Ordinary cards are issued to cardholders with average financial strength, credibility and status, and their various requirements are not high.

Gold Card. A gold card is a card that pays high membership fees and enjoys special benefits. 2. Credit card.

Cards are issued to those with high credit, strong repayment ability and credit, or those with a certain social status. The authorization limit of the gold card starts from a higher level, and the additional service items and scope are much wider, so the requirements for relevant service fees and security deposits are also relatively high.

Definition of credit limit:

Credit limit, also known as "credit limit", refers to a certain amount of credit limit granted by a bank to its basic customers, that is, within a specified period of time, the enterprise This much amount can be recycled. For example, if a company applies for a one-year export bill quota of US$2 million, and the company uses it five times, the usable amount is US$10 million (the procedure only needs to be completed once, and the other procedures are very simple). If it is used ten times, it can be used The amount is 20 million yuan, which on the one hand solves the short-term difficulties of the enterprise, increases the speed of the enterprise's capital circulation, and also improves the efficiency of the enterprise's use of funds.

There are several types of credit cards

According to different payment methods, the types of credit cards can be divided into credit cards and debit cards; according to different card issuers, the types of credit cards can be divided into Bank cards and non-bank cards; according to the credit status, status and other credit conditions of the cardholder, the types of credit cards can be divided into ordinary cards, gold cards, and platinum cards; according to the different objects of card issuance, the types of credit cards can be divided into corporate cards and personal cards.

In most cases, citizens who have full capacity for civil conduct (citizens over 18 years old in mainland China) and have certain direct financial resources can apply for a credit card from the card issuing bank. Sometimes, legal persons can also be applicants. Applicants for credit cards can be divided into units and individuals. Applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal person status in my country. Each unit applying for a credit card can receive a main card and multiple (5-10) supplementary cards as needed. To apply for a credit card, an individual must have a fixed occupation and a stable source of income, and provide a guarantee to the bank. The forms of guarantee include personal guarantee, unit guarantee and personal capital guarantee.

The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his/her basic information, etc. And submit certain copies of documents and certificates to the card issuing bank. After the customer fills in the application form truthfully according to the content, the customer must also submit the relevant credit certificate while submitting the completed application form. The application form is accompanied by a credit card use contract. The applicant authorizes the card-issuing bank or relevant departments to investigate its relevant information, and submits a statement of the authenticity of the information, the card-issuing bank's privacy protection policy, etc., and must have the applicant's signature. The disadvantages of credit cards are: high interest. If you don’t know how to take care of your credit card and cannot repay as scheduled when the final payment date comes, the bank will charge you high interest. (The minimum repayment for the first month of a credit card must not be less than 10% of the overdraft amount of the month); credit cards that require annual fees basically have annual fees, but they basically have annual fee-free policies. For example, CCB only needs to pay It can be waived after three times; but if you do not swipe the card the number of times specified by the bank in a year, an annual fee will be charged. By default, fraudulent credit card purchases require no password, which makes it easy for others to use stolen credit cards when they are lost or stolen, causing unnecessary trouble or losses.

What are the classifications of credit cards?

Credit cards have different levels, such as regular card, gold card, platinum card or diamond card, etc. Card issuers will issue different levels of credit cards based on the credit card applicant's social status, economic strength, purchasing power, credit rating and other standards. Generally, ordinary cards are the lowest level, and high-level credit cards have higher credit limits than low-level credit cards. .

Ordinary cards are the lowest credit cards issued by card issuers, and their credit limits are the lowest. The credit limit of ordinary cards in my country is generally only 5,000 RMB.

Gold cards are credit cards with a higher credit limit than ordinary cards. Generally, banks do not directly apply for gold cards for individuals who do not have ordinary card credit records. The approval of gold cards is also stricter than ordinary cards, and applicants will be required to Provide proof of income and good credit history.

Platinum card, also known as diamond card, is a credit card launched by the card issuer to distinguish it from gold card customers. It provides more high-end services and rights than gold card, and generally adopts a membership system. It usually has service functions such as global airport VIP room privileges, high-value traffic insurance, global emergency support service (gcas), and 24-hour global dedicated telephone service.

Platinum Card (Diamond Card) is the highest-level card type among the credit cards currently issued by banks in my country. Banks are very strict in approving Platinum Cards (Diamond Card), and the application conditions are also very demanding. Only a small number of them Only those with high income or leadership can apply. Its credit limit is generally between RMB 100,000 and RMB 1 million.

Types of credit card products

According to different card issuers, they can be divided into bank cards and non-bank cards

Bank cards. This is a credit card issued by a bank. Cardholders can shop at the card-issuing bank's special merchants, and can also withdraw cash at any time at any branch of the card-issuing bank or at places with ATMs.

Non-bank card. Such cards can be specifically divided into retail credit cards and travel and entertainment cards. Retail credit cards are credit cards issued by commercial institutions, such as department stores, petroleum companies, etc., which are specially used for shopping in designated stores or refueling at gasoline stations, etc., and are settled regularly. Travel and entertainment cards are credit cards issued by the service industry, such as airlines, travel companies, etc., used for purchasing tickets, meals, accommodation, entertainment, etc.

According to the different objects of issuance, it can be divided into corporate cards and personal cards

Corporate cards. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, military units, groups and other legal entities.

Personal card. Personal cards are issued to urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable sources of income. A personal card is applied for in the name of an individual and he/she bears all responsibilities for using the card.

According to the credit status, status and other credit conditions of the cardholder, it can be divided into ordinary cards and gold cards

Ordinary cards. Ordinary cards are issued to cardholders with average financial strength, credibility and status, and their various requirements are not high.

Gold Card. A gold card is a high-end credit card that pays high membership fees and enjoys special benefits. Cards are issued to those with higher credit standing, stronger repayment ability and credit, or those with a certain social status. The authorization limit of the gold card starts from a higher level, and the additional service items and scope are much wider, so the requirements for relevant service fees and security deposits are also relatively high.

According to different repayment methods, credit cards can be divided into credit cards and quasi-credit cards

Credit cards. When the card-issuing bank provides bank credit, it is first used as an overdraft, and then repaid or paid in installments. Most of these cards are used internationally. That is to say, the way that cardholders are allowed to pay off their credit card accounts without deposits is "spend first, deposit later". Most of these cards are used internationally.

Quasi credit card. It is a credit card issued by a bank that allows you to deposit money first and spend later. When applying for a credit card, cardholders need to deposit a certain amount of money in the card-issuing bank for backup. Cardholders need to use the deposit balance as a basis when using the card. Overdrafts are generally not allowed.

According to the different circulation scope of credit cards, they can be divided into international cards and regional cards

International cards. An international card is a credit card that can be used outside the country of issue and is accepted worldwide. The five major overseas groups (MasterCard, Visa International, American Express, JCB and Diners Club) issued MasterCard, VISACard, American ExpressCard and JCB respectively. (JCBCard) and DinersClubCard are mostly international cards.

Regional card. A regional card is a credit card that can only be used within the issuing country or within a certain region. Most of the various credit cards issued by commercial banks in my country are regional cards.

What are the types of credit cards?

Credit cards can be divided into the following types of cards according to four dimensions:

(1) According to whether they have consumer credit functions Divided into: credit card and debit card;

(2) According to whether the reserve fund is paid, it can be divided into: credit card and quasi-credit card;

(3) According to the use The objects can be divided into: personal cards and corporate cards;

(4) According to the credit level, they can be divided into: platinum cards, gold cards and ordinary cards.

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; quasi-credit card It refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required. When the reserve account balance is insufficient to pay, the cardholder can overdraw within the prescribed credit limit. The so-called credit card generally refers to a credit card only.

Compared with ordinary bank savings cards, the most convenient way to use credit cards is that they can be used for ordinary consumption without cash in the card. In many cases, you only need to return the consumed amount on schedule.

The invention of credit cards is like a double-edged sword, which can solve the temporary economic crisis. However, the purpose of banks issuing credit cards is to make money. Once the interest-free repayment time is exceeded, high interest will be charged, usually 10,000 per day. Five interest.

Credit card application method:

In most cases, citizens with full capacity for civil conduct (citizens over 18 years old in mainland China) and with certain direct financial resources can Apply for a credit card from the card issuer. Sometimes, legal persons can also be applicants.

Applicants for credit cards can be divided into units and individuals. Applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal person status in my country. Each unit applying for a credit card can receive a main card and multiple (5-10) supplementary cards as needed. To apply for a credit card, an individual must have a fixed occupation and a stable source of income, and provide a guarantee to the bank. The forms of guarantee include personal guarantee, unit guarantee and personal capital guarantee.

The application method is generally by filling in a credit card application form. The content of the application form generally includes the name of the applicant, basic information, economic status or source of income, guarantor and his/her basic information, etc. And submit certain copies of documents and certificates to the card issuing bank. After the customer fills in the application form truthfully according to the content, the customer must also submit the relevant credit certificate while submitting the completed application form. The application form is accompanied by a credit card use contract. The applicant authorizes the card-issuing bank or relevant departments to investigate its relevant information, and submits a statement of the authenticity of the information, the card-issuing bank's privacy protection policy, etc., and must have the applicant's signature.

That’s it for the introduction to the types of credit cards.