Can I retain credit on my business card?
Yes. Public cards have the same attributes as general bank cards such as credit and consumption, but also have special attributes of finance and financial management. They can combine the relevant requirements of finance and financial management with the unique advantages of bank cards. They are a kind of card. A new type of financial management tools and means. A business card is a credit card that can be used as an overdraft for consumption. It is a card type launched for large departments such as the government.
Are the meal cards, water cards, and public phone cards used by students credit cards?
No.
Credit cards stipulated in the relevant laws of our country ("Interpretation of the Standing Committee of the National People's Congress on the Provisions on Credit Cards of the People's Republic of China and the Criminal Law of the People's Republic of China") refer to credit cards issued by commercial banks or other financial institutions. An electronic payment card with full or partial functions such as consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc.
The name of the card issuer, validity period, number, cardholder name, etc. are printed on the front of the credit card, and there is a chip, magnetic stripe, and signature strip on the back. Cardholders can use their credit cards to shop and spend money with special entities and deposit and withdraw cash from banks.
Credit card consumption is a non-cash transaction payment method. There is no need to pay cash when consumption, and repayment will be made on the bill date.
The meal cards, water cards, public phone cards, etc. used by students do not fall within the definition of credit cards, so they are not considered credit cards.
Extended information
Credit card application
In most cases, those with full capacity for civil conduct (citizens over 18 years old in mainland China), Citizens with certain direct financial resources can apply for a credit card from the card issuing bank.
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 contract for using the credit card. 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 an application A person's autograph.
Baidu Encyclopedia - Credit Card
What is the difference between a business card and a credit card?
1. The application conditions are different: the cardholder of the official card must be a staff member of the budget unit, and the identity of the prospective cardholder must be confirmed by the unit when applying for the card. But if it is an ordinary credit card, it refers to a bank card in which the card-issuing bank will grant the cardholder a certain credit limit, and the cardholder can make daily purchases within the credit limit and repay when due.
2. Enjoy different services: Business cards enjoy services such as: no annual fee, free card replacement upon expiration, no handling fee for local bank deposits and cash withdrawals, and free SMS and other preferential services. Ordinary credit cards generally enjoy an interest-free payment period, which can be up to 56 days, and there is also a minimum repayment limit. If the cardholder is overdrafted, he or she can repay the loan in installments.
3. Different usage scenarios: The main usage scenarios of business cards are credit cards for daily official expenses and financial reimbursement business. Common credit card usage scenarios include daily life, shopping, entertainment, etc.
Business card is a type of credit card. Bank cards are divided into credit cards and debit cards, and credit cards are divided into credit cards and quasi-credit cards. The business card is a credit card and a type of credit card. The UnionPay business card is a UnionPay card specially launched by China UnionPay for the daily business expenses of institutions and enterprises. It is mainly used for travel debits, reimbursements, travel reservations, etc. , to meet the needs of accounting management of institutions or enterprises and institutions.
What does a shared credit card limit mean?
Because Shanghai Bank’s credit cards use multiple cards per account, it means that your two cards share a common account and a common limit of 5,000. Now the Agricultural Bank of China has also begun to implement such multiple cards and one account. It does not mean that your two cards have a credit limit of 5,000 each.
The difference between business cards and credit cards
1. Business cards are a type of credit card. The issuing bank will issue a certain credit limit to the cardholder. The cardholder can first apply for the credit limit. Spend within the period and then make repayments. Ordinary cards are just credit cards issued by major banks. They have no special functions and are just suitable for daily credit card consumption.
2. The person holding the official credit card is a staff member of the budget unit, and his or her identity must be confirmed by the unit when applying for the card. However, ordinary credit cards do not need to confirm their identity when applying.
3. Business cards can be used for official expenses and reimbursements, while ordinary credit cards are mainly used for consumption. A public card is essentially a credit card, so it has both personal and official consumption functions. At the same time, with the same functions as ordinary credit cards, you can also enjoy the benefits brought by UnionPay standard card promotions in more than 140 countries and regions around the world.
4. Public credit cards have high credit limits. You must know that banks generally have high credit limits for public credit cards, with a minimum of 10,000 yuan and a maximum of 50,000 or even 100,000 yuan. The credit limit of ordinary cards is determined based on the applicant's own conditions. 5. The annual fee for business cards is waived for life, and there is no handling fee for cash withdrawals within the city's jurisdiction for overpayment, while other credit cards are charged 0.1-0.5 of the withdrawal amount. Some special business cards can also be applied for without handling fees in other places.
Although a business card is an ordinary credit card like a credit card, a business card is different from an ordinary credit card. To understand the similarities and differences between the two, it is necessary to accurately grasp the two basic attributes of business cards, namely: the same attributes such as credit consumption and financial management and unique attributes that ordinary credit cards have. The so-called "identical attribute" means that the business card can be used by the cardholder to handle payment and settlement and form relevant information conveniently and quickly, just like all other bank cards of the same card type. Therefore, business cards belong to the category of bank cards and are a modern payment and settlement tool. The so-called fiscal and financial management attributes refer to the fact that the official card is not a bank card in the general sense, but a new type of financial management tool and means that combines the relevant norms of fiscal and financial management with the settlement method of the bank card. The official card In terms of card type selection, limit setting, organization application, settlement and reimbursement, and payment and settlement information management, there are special management system regulations that are different from ordinary bank cards. Therefore, official cards also have the scope of financial management.
That’s it for the introduction of public credit cards.