Generally speaking, there is a big difference between ICBC co-branded cards and debit cards.

1. Generally speaking, a debit card is issued by a bank to the cardholder. It is usually a bank card that does not have a credit limit. It is a bank card that deposits first and then consumes (or withdraws cash) without an overdraft function. Card.

2. ICBC co-branded card refers to a bank card issued by the bank in cooperation with other companies. Generally, it includes debit cards and credit cards. A co-branded card is an agreement between the credit card and the product dealer to allow the use of this card. Card holders can enjoy special preferential treatment from manufacturers, also known as VLP, when making purchases. Normally, ordinary cards will not have cooperative discounts.

3. The differences between debit cards and co-branded cards are as follows:

(1) Debit cards are also called savings cards, and their name is derived from the card’s debit and credit function. .

(2) A co-branded card is a theme card jointly launched by a bank and an enterprise. It is a bank card with personalized design on its card screen and preferential policies. It can be a debit card or a loan card. Credit card.

(3) The difference between debit cards and co-branded cards lies in their different specifications.

(4) Debit cards and co-branded cards are also different in design.

Debit card:

Debit card refers to a bank card issued by the issuing bank to the cardholder. It has no credit limit and the cardholder deposits first and uses it later.

Debit cards are divided into debit 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 (purposes other than department stores, restaurants, and entertainment industries). It has the functions of transferring funds, depositing and withdrawing cash. A stored-value card is a prepaid wallet-style debit card in which the bank transfers funds to the card for storage at the request of the cardholder and directly deducts funds from the card during transactions.

Starting from August 1, 2017, the annual bank card management fee will be cancelled, and some basic financial service charges of commercial banks will be suspended.

: Debit card characteristics

1. Ease of use and popularity: Due to the ease of use and wide popularity of debit cards, debit cards are also the most commonly used in electronic trade. One of the payment instruments. 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.

2. Safe and reliable: Debit cards have the same security as credit cards. If you lose your debit card or suspect it has been stolen, you should report the loss to your bank immediately to prevent others from using it and reduce losses. Remember: Although the card issuer provides you with consumption protection, it does not mean that you can ignore your debit card; debit cards are like money in a bank account and should be properly kept.