What does the date on the front of the credit card mean?

The date on the front of the credit card is the validity period of the credit card.

Credit cards have a limited time:

1. Cards will wear out

Any card has a life, and it will be damaged to some extent after a certain process of wear and tear, so after a period of time, it is necessary to replace it with a new card to ensure that it can be swiped normally.

2. Functions need to be updated

In order to give cardholders a better experience and service, the functions of the card will be constantly updated, for example, from the magnetic stripe card to the chip card, which has greatly improved the security performance and greatly reduced the possibility of credit card theft.

3. Risk assessment

In addition to the card itself, the bank also needs to re-evaluate the risk of the cardholder. The financial resources and work of the cardholder will change constantly. In order to reduce the risk, the bank needs to evaluate the cardholder.

4. Reduce risks

For cards that have been idle or lost for a long time, the longer the validity period, the greater the probability of stolen cards and the higher the risk.

5. Increase the guarantee

In addition to the above items, there is another function to increase the guarantee. Because when paying online, you sometimes need to enter sensitive information such as the expiration date and the last three codes, and one more verification is also more secure.

Extended information:

Disadvantages of credit cards:

1. Blind consumption

swiping a card is not like paying cash to spend money one by one, and it doesn't feel like a few figures, which leads to blind consumption and spending money like water.

2. Excessive consumption

Notebooks, digital cameras and smart phones are phased in. While enjoying your favorite items in advance, you should also consider whether you can repay them.

3. High interest

If you can't handle your credit card, and you can't repay it as scheduled when the final repayment date comes, the bank will charge high interest. (The minimum repayment of a credit card in the first month shall not be less than 1% of its overdraft amount in the current month)

4. Annual fees are required

Credit cards basically have annual fees, but they basically have a policy of exempting annual fees. For example, CCB can exempt them as long as it swipes them three times a year; However, if you don't swipe your card for the number of times specified by the bank in one year, you need to charge an annual fee.

Baidu Encyclopedia-Credit Card

People's Network-The credit card has expired. Do you want to reschedule or apply for a card? (Financial Advisor)

What are the marks of the credit card

The credit card has at least the following information on its face:

Front: name and logo of the issuing bank, credit card type (organization logo) and holographic anti-counterfeiting mark, English or pinyin name, activation date (usually calculated to the month) and expiration date (usually calculated to the month). The newly issued card has a chip attached to the front, and the chip account is opposite to the card magnetic stripe account.

back: card magnetic stripe, cardholder's signature column (which must be signed after activation), service hotline, the last four digits or all (to prevent fraudulent use), and credit card security code (the three digits immediately after the last four digits on the signature column on the back of the credit card are used for credit card activation, password management, TV, telephone and online transactions, etc.).

Application

In most cases, citizens with full capacity for civil conduct (citizens over 18 years old in Chinese mainland) and a certain direct source of income can apply for a credit card from the issuing bank. Sometimes, legal persons can also act as applicants.

people who apply for credit cards can be divided into units and individuals. The applicants should be institutions, enterprises and business units, foreign-funded enterprises and individual industrial and commercial households with independent legal personality within the territory of China. Each unit can get a main card and several (5-1) supplementary cards when applying for a credit card. Individuals applying for credit cards must have a fixed occupation and a stable source of income, and provide guarantees to banks. The forms of guarantee include personal guarantee, unit guarantee and personal fund guarantee.

generally, the application method is to fill in a credit card application form, and the contents of the application form generally include the name, basic information, economic status or income source, guarantor and its basic information of the applicant. And submit certain copies of certificates and certificates to the issuing bank. After the customer fills in the application form truthfully, he should submit the completed application form and relevant credit certificate. The application form is accompanied by a contract for using a credit card. The applicant authorizes the issuing bank or relevant departments to investigate its relevant information, submit a statement on the authenticity of the information, the privacy protection policy of the issuing bank, etc., and must have the applicant's autograph.

review

after receiving the application form and relevant materials submitted by the applicant, the issuing bank shall review the applicant's credit standing. The contents of the review mainly include whether the contents of the application form are true or not, evaluating the credit degree of the applicant, and reviewing the relevant information of the guarantor for the individual.

usually, the bank will examine the applicant's various information and economic situation according to the application materials to judge whether to issue a credit card to the applicant. The factors considered are the applicant's past credit history, the applicant's known assets, professional characteristics, etc. The specific factors and process of the issuer's audit are trade secrets, which are generally difficult for the outside world to understand. The standards of different card-issuing banks are also different. Therefore, the same materials may have different credit lines and different types of credit cards in different banks, and even some banks will pass the examination and some banks will refuse to issue them.

card issuing

after the applicant successfully applies for a credit card, the card issuing bank will open a separate credit card account for the cardholder at the card issuing bank for shopping, consumption and settlement after cash withdrawal.

card opening

because the card is sent by post after the credit card application is approved, there is no guarantee that the recipient is the applicant. In order to protect the applicant and the bank from theft, the credit card has a card opening program before it is officially opened. Card opening is mainly through telephone or internet, etc., to check the relevant personal information provided at the time of application, and complete the card opening procedure after it meets the requirements. At this time, the applicant becomes the card holder, and can officially start using it after signing on the back of the card. After a credit card is opened, it is generally necessary to set a password for the card.

after accepting a credit card, a credit card merchant or bank should review the validity of the credit card and the identity of the cardholder.

authorize

the merchant and the bank to confirm the validity of the credit card and contact the bank according to the contract signed with the issuing bank to request authorization. Authorization is the amount that can be used to further prove the identity of the cardholder. Authorization is generally carried out when the use amount stipulated in the contract is exceeded.

after receiving the authorization notice, the card-issuing bank will issue an authorization instruction according to the balance of the cardholder's deposit account and the agreement that the bank allows overdraft, and reply whether to agree to the transaction.

the use of

credit cards is usually limited to the cardholder's own use, and lending them to others is generally a violation of the use contract.

card cancellation

before the credit card is cancelled, the account balance must be cleared, and the card cancellation process should be completed within 45 days after the application is made. [img]

How to distinguish between a bank card and a credit card

The following methods can be adopted to distinguish between a bank card and a credit card:

First, the expiration date and the pinyin of the cardholder's name are printed on the front of the credit card, but the savings card does not.

second, credit cards are embossed, and savings cards are usually printed in print.

3. The credit card has a 7-digit number printed on the back, but the savings card doesn't.

4. On the back of the credit card, there are words such as "This card is not valid until it is signed" or similar words, while on the back of the savings card, there are only words such as "the cardholder's signature".

5. All credit cards have laser anti-counterfeiting labels; About 9% savings cards do not have laser anti-counterfeiting labels.

debit cards are divided into transfer cards, special cards and stored-value cards according to different functions. Debit cards cannot be overdrawn. The transfer card has the functions of transfer, cash deposit and withdrawal and consumption. A special card is a debit card used in a specific area and for special purposes (referring to uses other than department stores, restaurants and entertainment industries). It 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.

〔debitcard〕 can be used for online or POS consumption or ATM transfer and withdrawal, and cannot be overdrawn. Interest is paid on the amount in the card according to the demand deposit. When spending or withdrawing money, the funds are directly drawn from the savings account. Debit cards generally require a password (PIN) when used. Debit cards can be divided into ordinary cards, gold cards and platinum cards according to their grades; According to the scope of use, it can be divided into domestic cards and international cards.

Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the issuing bank gives the cardholder a certain credit line, and the cardholder can spend first and then repay. Quasi-credit card refers to a credit card in which the cardholder first deposits a certain amount of reserve fund according to the requirements of the bank, and when the reserve fund is insufficient to pay, it can be overdrawn within the credit limit stipulated by the issuing bank.

a Creditcard, often called a credit card, refers to a credit card in which the issuing bank gives the cardholder a certain credit line within which the cardholder can spend first and then repay. It has the following characteristics: first consume and then repay, enjoy an interest-free payment period (up to 56 days), and have a minimum repayment amount, and customers can repay by installments when they overdraw. Customers need to pay a certain amount of annual fees to the banks that apply, and each bank is different.

quasi-credit card is a single-currency single-account credit card with interest-bearing deposits and RMB for credit card spending. It has the functions of transfer settlement, cash deposit and withdrawal, credit consumption and online banking transactions. When the balance of credit card consumption and cash withdrawal account is insufficient to pay, the cardholder can overdraw the consumption and cash withdrawal within the specified limited credit limit and charge a certain interest. There is no interest-free repayment period.

quasi-credit card is a kind of credit card with China characteristics, and there is no such kind of credit card abroad. In the late 198s, China's banking industry introduced credit card products from abroad. Because the personal credit system in China was not perfect at that time, the banking industry in China made some changes to foreign credit card products, changing the traditional foreign credit card deposit with no interest and overdraft with interest-free period to deposit with interest and overdraft with interest.

a quasi-credit card has some functions of both a credit card and a debit card. Generally, it is necessary to pay a deposit or provide a guarantor. When using it, deposit first and then consume, and interest will be paid for the deposit. The cardholder can make a small overdraft within the limit approved by the issuing bank when shopping, but the overdraft amount will bear interest from the date of overdraft, and the arrears must be paid off at one time. There is no interest-free repayment period and minimum repayment amount, and its basic functions are transfer settlement and shopping consumption.

What's the information on the credit card face?

There is at least the following information on the credit card face:

Front: name and logo of the issuing bank, credit card type (organization logo) and holographic anti-counterfeiting mark, English or pinyin name, activation date (usually calculated to the month) and expiration date (usually calculated to the month). A chip is attached to the front of the newly issued card.

Credit card is a special carrier card issued by commercial banks to individuals and units, which can be used for shopping, spending and depositing and withdrawing cash from banks.

Extended information

The earliest credit cards appeared at the end of 19th century. In the 198s, the British clothing industry developed the so-called credit card, and the tourism and business sectors also followed this trend. However, at that time, the card could only be used for short-term commercial credit, and the money still had to be paid as needed, and there was no long-term default and no credit line.

In 195s, McNamara, a credit expert in Manhattan, USA, ate in a restaurant. Because he didn't have enough money with him, he had to ask his wife to send him money. This made him feel very embarrassed, so he organized DinersClub (English: Diners Club). Members can charge their expenses by bringing a dining charge card to 27 designated restaurants without paying cash. This is the earliest credit card. Franklin National Bank was the first bank to issue credit cards, and other American banks followed suit.

It is said that one day, Frank McNamara, an American businessman, entertained guests at a restaurant in new york. After eating, he found that he had forgotten his wallet with him, so he was deeply embarrassed and had to call his wife to bring cash to the restaurant to settle the bill. So McNamara came up with the idea of creating a credit card company.

In the spring of p>195, McNamara and his good friend Schneider jointly invested 1, US dollars to establish DinersClub, the predecessor of Diners Credit Card Company, in new york. Diners' Club provides members with a card that can prove their identity and ability to pay. With this card, members can keep accounts and spend money. This kind of credit card that does not need to be handled by a bank is still a commercial credit card.

What do you think of the positive validity period of China Construction Bank's Longka Credit Card?

The validity period of CCB Credit Card is printed on the lower part of the card face in the form of "MONTH/YEAR" and divided by "/".For example, December 21 indicates that the validity period of the credit card is December 221.

(in case of business changes, please take the actual situation as the standard. )

Raiders: What's on the front of a credit card? What does it mean?

users who apply for a card for the first time or for the first time don't know how to use the new card after they get it. What does the BIN number, logo, date and so on on on the credit card face mean? I made a detailed explanation of these contents, hoping to help the novice Xiaobai who is doing the card for the first time.

1. Name of issuing bank

The name of issuing bank indicates the issuing bank, such as Industrial and Commercial Bank of China and Agricultural Bank of China.

2. BIN number

BIN number is yours. The first two digits 62 stand for UnionPay card, 4 starts with VISA card, 5 starts with MasterCard, 35 starts with JCB card, and 37 starts with American Express card.

3. Effective date

Every credit card has an effective date. After the expiration, the bank will replace it with a new card, and the old card will become invalid. The number here represents the month in front and the year in the back. For example, 7/18 means that this card will expire in July 218.

4. Cardholder's name

Here is the name of the card owner, and some credit cards will also indicate the cardholder's gender, for example, card level

In general, credit cards are divided into general card, gold card, platinum card and diamond card (the level, service and annual fee are gradually increased).

6. Flash payment logo

UnionPay contactless product logo. Any card with this logo can be used on the machine with this logo. In many areas, flash payment has been able to realize small and fast payment, such as: vegetable market, self-service vending machine, parking lot, train and other scene applications.

7. Card organization logo

Card organization is a specialized organization responsible for building and maintaining the inter-bank network of bank cards and providing information transfer and capital settlement services.

the major card organizations in the world include China unionpay, VISA, MasterCard, American express and JCB.

This is the end of the introduction on the front of the credit card and the numbers on the front of the credit card. Did you find the information you needed?