1. Debit card refers to a bank card with no credit limit issued by the issuing bank to the cardholder. The cardholder deposits money before using it. 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, consumption and so on. Special cards are debit cards used in specific areas and for specific purposes (except for department stores, restaurants and entertainment industries). With transfer and cash deposit and withdrawal functions. Stored value card is a prepaid wallet debit card. The bank transfers the funds to the card for storage according to the cardholder's requirements, and directly deducts the money from the card when trading. From August 20 17 1 day, the annual management fee for bank cards will be cancelled, and the charges for basic financial services of some commercial banks will be suspended.
2. Credit card refers to various media that record the relevant information of the cardholder's account, have the function of bank credit line and overdraft, and provide relevant banking services for the cardholder. Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when spending, and repayment is made on the account date. The earliest credit card appeared at the end of19th century. /kloc-During the 1980s, the British clothing industry developed the so-called credit card, and the tourism and business circles followed suit. But at that time, the card could only be used for short-term commercial credit, and the repayment should be paid at any time. Can't default for a long time, and there is no credit line.
3. Credit card refers to the credit card issued by the bank, which gives the cardholder a certain credit limit. Cardholders can spend first and then repay within the credit limit. Credit cards don't need guarantees and mortgages, but they can be consumed first and then repaid. Cardholders can enjoy the interest-free period if they use bank funds to spend money by credit card, as long as they repay in full before the due repayment date. Unlike savings cards, credit cards or debit cards do not pay interest on the money stored in credit cards. Credit card is a kind of credit card. Credit cards can enjoy an interest-free period of 20-56 days without overdraft. It can be repaid on time without any interest.
4. The traditional quasi-credit card means that the cardholder must deposit a certain reserve according to the requirements of the issuing bank. When the balance of the reserve account is insufficient to pay, the credit card can be overdrawn within the credit line stipulated by the issuing bank, but the overdraft part will be charged with interest from the date of overdraft and will not enjoy the interest-free period. In recent years, some banks have introduced new quasi-credit cards, which not only do not need to pay reserve when applying, but also enjoy interest-free period like credit cards. This new generation of quasi-credit cards combines the advantages of credit cards and debit cards. Not only can it be used as a credit card and enjoy an interest-free overdraft period, but it also has many functions of a debit card. For example, the overpaid interest is calculated according to the current demand, and there is no handling fee for peer deposits and withdrawals, which can be transferred between peers and banks, similar to enhanced credit cards. This new quasi-credit card is represented by globetron series credit cards issued by Bank of China. Although it is nominally a quasi-credit card, it is very different from the traditional quasi-credit card.