Credit cards have two functions: payment and credit. Cardholders can use it to buy goods or enjoy services, and they can also use credit cards to obtain certain loans from card issuers. It can provide settlement services, facilitate shopping and consumption, and enhance the sense of security. Bank debit card refers to the bank card issued by the issuing bank to the cardholder without credit limit, and the cardholder deposits first and then uses 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 and consumption. A Special card is a debit card that is used in a specific area and has a specific purpose (except for department stores, restaurants and entertainment industries), and has the functions of transferring money and depositing and withdrawing cash.
Extended data:
1, payment and settlement;
The payment and settlement function of credit card can provide a wide range of settlement services, facilitate cardholders' shopping and consumption activities, reduce the use of cash and money in society, speed up the circulation of money and save social labor.
2. Exchange transfer;
The remittance function of credit card is embodied in the process of cardholder's going out for business trip, sales and vacation. In different places or even abroad, funds can be transferred by remittance through the outlets of member institutions of any international credit card organization.
3. Personal credit;
Cardholders can accumulate personal credit in financial institutions by using credit cards, and the accumulation of long-term excellent credit will bring many high-value returns to cardholders. Personal credit will involve all aspects of the cardholder's daily economic life.
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