When the car loan card is returned, it becomes a credit card. When a user applies for car purchase by installment with a credit card, the car loan card is a credit card. After paying off the loan, the card can be restored to an ordinary credit card and continue to be used. When an auto financing company applies for a car loan, the car loan card is a debit card and the car loan is settled. This card is still a debit card and cannot be converted into a credit card. Therefore, whether the car loan card can be restored to a credit card depends on the situation. The repayment of the car loan is recorded in the credit report. If the repayment is overdue, the record of overdue repayment of the car loan will be recorded in the credit report.

First, credit card quota approval is based on customers' income and consumption. The initial quota may not be too large, but there is a good record of consumption and repayment, and it is best to have proof of income, and the quota can be gradually increased. Sometimes banks will take the initiative to ask customers whether to increase the quota. But for consumers who are difficult to control themselves, it is not a good thing that the credit card limit is too high.

Second, the car loan credit card can only be used for repayment after being swiped, and will return to zero after being paid off, but different banks may have different regulations. There is generally a three-day grace period after credit card repayment, and repayment within the grace period is regarded as timely repayment. If it is paid in full, there will be no cost. For the minimum repayment amount, the daily interest shall be calculated at 0.05% from the consumption bookkeeping date; If the repayment exceeds the grace period or the repayment amount is lower than the minimum repayment amount stipulated by the bank, it will be deemed overdue, and the daily interest will be 0.05%, and the interest will be calculated from the bookkeeping date. In addition, a late fee of 5% of the unpaid minimum repayment amount will be charged on a monthly basis.

The main features of credit cards:

1. Credit card is one of the fastest-growing financial services, and it can replace the traditional cash circulation in a certain range.

2. Credit card has both payment and credit functions. Cardholders can use it to buy goods or enjoy services, and they can also use credit cards to obtain certain loans from card issuers;

Credit card is a high-tech product integrating financial business and computer technology.

4. Credit cards can reduce the use of cash and currency;

5. Credit card can provide settlement service, which is convenient for shopping and consumption and enhances the sense of security;

6. Credit cards can simplify the collection procedures and save social labor;

7. Credit cards can promote commodity sales and stimulate social demand.