Differences between credit cards and ICT cards:

1. Different issuers

ICT cards are publicly issued by rural cooperative banks

Credit cards are issued by commercial banks or credit card companies to qualified consumers.

2. Different card types

ICT cards are debit cards.

a credit card is a debit card.

3. Different functions

The ICT card has various functions such as saving, cash deposit and withdrawal, transfer and settlement, credit card consumption, etc. The ICT card must be used after deposit, and does not have overdraft function.

consumers with credit cards can go to the special commercial service department for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and they can overdraw within the prescribed limit.

Extended information:

Credit card consumption is a non-cash transaction payment method. You don't need to pay cash when you consume, and you can make repayment on the Billing Date. ?

Credit cards are divided into credit cards and quasi-credit cards. Credit cards refer to credit cards with a certain credit limit within which the cardholder can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund as required, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the specified credit limit. The credit card generally refers to a credit card.

ICT card has various functions such as saving, cash deposit and withdrawal, transfer settlement, credit card consumption, etc. ICT card must be used after deposit, and has no overdraft function. With the ICT card, you can handle deposit, withdrawal, transfer, inquiry and other services at the ATM with the "UnionPay" logo 24 hours a day. Call the telephone bank and handle inquiries, transfers, loss reporting and other services according to the automatic voice prompts.

ICT card is convenient, fast, safe and reliable to use; It integrates deposit, settlement and consumption. For cardholders, it is convenient and safe to use bank cards without carrying a lot of cash.

Baidu Encyclopedia-Credit Card

Baidu Encyclopedia-ICT Card