How to distinguish between bank cards and credit cards?

What's the difference between ordinary bank cards and credit cards?

Function difference: Credit cards can only be used for consumption, and withdrawal requires certain bank procedures and interest. Savings cards can be used for consumption, transfer, withdrawal and other functions, and there is no charge for withdrawal. 2. Difference in use: Credit cards can be used as long as there is a limit, and savings cards can only be used if there is a certain deposit in the card. 3, the cost difference. 4. The difference between credit reporting.

Credit card function:

1. One card and two currencies are common at home and abroad.

Credit cards can be used by nearly 30 million merchants in 300 countries and regions around the world and all networked ATMs and cash withdrawal outlets. Domestic transactions are settled in RMB, and overseas transactions are settled in USD. Your overseas transactions are converted into US dollars at the preferential exchange rate provided by international organizations and deposited into your credit card account. Avoid carrying a lot of cash and reduce the exchange rate loss that may be caused by currency exchange.

2. Consume first and then repay

Credit card is an international standard credit card. Cardholders can spend first and then repay within the approved credit limit without pre-deposit. According to the statement, you can enjoy interest-free treatment for up to 50 days if you choose to repay in full within the specified repayment date. When you choose the minimum repayment amount, you can continue to enjoy the bank revolving credit.

Step 3 Revolving loan

According to your credit status, we will give you a credit limit of up to 50,000 yuan. You can withdraw or withdraw cash within the credit line approved by our bank without going through other loan procedures. As long as you keep a good credit record, the credit limit will revolve around you.

4. RMB repayment in consumption abroad

After you are in consumption abroad, with the current statement of Longka Credit Card, you can directly repay RMB to purchase foreign exchange, without going through complicated foreign exchange purchase procedures and being limited by the quota, which will save you the trouble of insufficient foreign exchange and complicated foreign exchange purchase, and provide convenience for you to purchase foreign exchange.

Debit card refers to a bank card that does not have overdraft function and deposits first and then consumes (or withdraws cash). According to different functions, it can be divided into transfer card (including savings card), special card and stored value card.

The difference between credit card and debit card:

credit card

You can shop within the credit limit. After receiving the bill, you must ensure that the minimum repayment amount is paid. The bank charges a certain interest on the unpaid difference. Generally speaking, if you pay the bill at the end of the month, you don't have to pay the interest fee. If you don't pay off the outstanding balance, the bank will charge you some interest according to the predetermined annual interest rate (APR), and the APR standards of different issuers are different. If citizens use credit card overdraft to withdraw cash, the bank will charge a certain fee, most of which will bear interest on a daily basis, and there is generally no interest-free period for credit card overdraft withdrawal.

Credit card means that citizens can spend money by swiping the card without having to deposit money in the credit card in advance, and then deposit the money in the card for repayment. Banks encourage citizens to use credit cards to spend money, and discourage citizens from using credit cards to withdraw cash. So although you can deposit money in a credit card, banks generally don't pay interest on the deposits in the card.

debit card

The funds are paid directly from your account. A debit card can control all the funds in your account.

What's the difference between a bank card and a credit card?

1. The differences between bank cards and credit cards are mainly reflected in the following aspects: different functions, different validity periods, different annual fees, etc.

2. Cards are very common in life. The most commonly used are bank cards and credit cards. Both of them are issued by banks and linked to currency. Some people are confused at first contact. The differences between credit cards and bank cards are as follows:

1) has different functions. The main function of a bank card is to save money, withdraw money or manage money. The main function of credit card is consumption, and the cardholder can spend first and then repay;

2) The validity period is different. Most credit cards are valid for five years, while bank cards are valid for five years, 10 years or even indefinitely.

3) Bank card deposits have interest, while credit card deposits have no interest; 4) The annual fee is different. The annual fee of bank cards is mostly more than ten yuan, but the annual fee of credit cards is as high as several hundred yuan or even thousands of yuan.

There are many differences between credit card and bank card, but there are also many similarities. Credit card is also a kind of bank card. Bank cards mainly include debit cards, credit cards and quasi-credit cards. Credit card is also called debit card, because it pays the money first and then pays it back. Ordinary bank cards are called debit cards because they deposit first and then consume. Learn some knowledge and you will understand what it means. After reading the above introduction, I believe you will have a deeper understanding of the differences between credit cards and bank cards. There is no overdue in the process of using bank cards, but using credit cards is different. If it is overdue, it will affect your personal reputation.

Generally speaking, bank cards include credit cards, but the difference between credit cards and debit cards is still very big, which is equivalent to two different consumption concepts. One is to spend first and then pay back the money, and the other is to save the card and then spend. In reality, it has become a trend that more and more people use credit cards, but the savings function of debit cards is still essential in our lives.

Credit cards and debit cards belong to the category of bank cards. Most of the debit cards we usually use to deposit and withdraw money are issued by commercial banks. Credit card is actually a kind of bank card. Bank cards can be divided into debit cards (also called savings cards) and credit cards, and credit cards can be divided into debit cards and quasi-credit cards.

The difference between credit card and bank card

1, with different functions. The main function of bank card is to deposit and withdraw money, and the main function of credit card is to spend money. 2. The validity period is different. Most credit cards are valid for five years, while bank cards are valid for five years, 10 years or even indefinitely. 3. Bank card deposits have interest, and credit card deposits have no interest; 4. The annual fee is different. The annual fee of bank cards is mostly more than ten yuan, but the annual fee of credit cards is as high as several hundred yuan or even thousands of yuan.

Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.

According to different card issuers, it can be divided into bank cards and non-bank cards.

Bank card. This is a credit card issued by the bank. Cardholders can shop and spend money at the special merchants of the issuing bank, or they can withdraw cash at any time at the outlets of the issuing bank or at places with ATMs.

Non-bank card.

This kind of card can be divided into retail credit card and travel entertainment card. Retail credit cards are credit cards issued by commercial organizations, such as department stores and oil companies, which are specially used for shopping in designated stores or filling gas stations. , and settle accounts regularly. Travel and entertainment card is a credit card issued by airlines, travel companies and other service industries, which is used for ticket purchase, dining, accommodation, entertainment and so on.

According to the different issuing banks, it can be divided into corporate cards and personal cards.

Company card. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, state party and government organs, armed forces, organizations and other legal person organizations.

Personal card. Personal cards are issued to individual urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable income sources. The personal card is applied in the name of an individual and bears all the responsibilities for its use.

According to the credit status of cardholders, it can be divided into ordinary cards and gold cards.

Ordinary card. Ordinary cards are issued to cardholders with average economic strength, credibility and status, and the requirements are not high.

Gold card.

Gold card is an advanced credit card that pays a high membership fee and enjoys special treatment. Card issuers are institutions with high credit, strong repayment ability, credit or certain social status. The starting point of gold card authorization limit is higher, and the additional service items and scope are wider, so the requirements for related service fees and deposits are higher.

What's the difference between a bank card and a credit card?

Bank cards include credit cards and debit cards. And credit card is just a kind of bank card. In terms of appearance, debit cards and credit cards have the following differences:

1, most opportunity cards have no pinyin, while credit cards have pinyin of the holder's name;

2. Usually, the names of credit cards are printed in three-dimensional characters, while debit cards are usually printed;

3. Many debit cards will be marked on the front of the card: debit card/savings card;

4. Many banks have special brands, such as "Peony Link Card" of ICBC and "Oriental Card" of Shanghai Pudong Development Bank.

5. There are usually "Precautions" on the back of the card, which often indicates what card it is.

6. Most debit cards have no international settlement function, so they only have the "UnionPay" logo; At present, most credit cards are dual-currency or foreign currency cards, bearing the marks of international card organizations such as VISA or MASTERCARD.

In addition, the debit card is to save money first and then spend it, that is to say, it can only be used if there is money in it, but it can't be used if there is no money. Credit cards are debit cards, so you can save money by spending a little. Its main function is overdraft. If you swipe your card at the mall, you can swipe your card as long as it does not exceed the credit limit. As long as you remember to repay the money when it is due, it can be used as money in the future, but it is recommended not to withdraw money from ATM, and to deduct the handling fee and interest.

As far as handling cards is concerned, debit cards are easier than credit cards. Under normal circumstances, you can apply for a debit card when you are 16 years old. Credit cards require people to evaluate the cardholder's repayment ability, which means that you have to have a fixed job, at least 18, but the system of each bank is different.

What's the difference between a credit card and a bank card?

The function is different. The main function of bank card is to save money and withdraw money, and the main function of credit card is to spend money. The validity period is different. Most credit cards are valid for five years, while bank cards are valid for five years, 10 years or even indefinitely. Bank card deposits have interest, and credit card deposits have no interest; The annual fee is different. The annual fee of bank cards is mostly more than ten yuan, but the annual fee of credit cards is as high as several hundred yuan or even thousands of yuan.

1, Credit Card of China Merchants Bank On February 3, 2002, China Merchants Bank officially issued the first international standard dual-currency credit card in China, which opened a new era of credit card consumption in China. After more than ten years' struggle and growth, China Merchants Bank Credit Card has formed three visions of "being the best payment experience provider in China, the best consumer finance expert in China and the leading diversified marketing platform in China" and won many honors. Adhering to China Merchants Bank's business philosophy of "changing with you", China Merchants Bank's credit card has continuously refreshed the cardholder experience with product innovation and service upgrade, and has become a leading brand in the credit card industry.

2. Application conditions

(1) China residents, foreigners living in China, compatriots from Hong Kong, Macao and Taiwan have reached the age of 18, have full capacity for civil conduct, and have good credit standing. They can apply for personal credit card master cards with their valid identity documents. Personal cardholders can also apply for supplementary cards for other natural persons with full civil capacity or natural persons with limited civil capacity. The main cardholder can apply for cancellation of the supplementary card at any time.

(2) Enterprises, administrative institutions, social organizations and other economic organizations authorized by legal persons who open basic deposit account in domestic financial institutions can apply for business cards from card issuers with supporting documents such as the basic deposit account account opening permit issued by the People's Bank of China (foreign exchange settlement accounts are also required to apply for international business cards). The qualification of the cardholder of the unit card shall be designated and revoked in writing by the legal representative of the unit or its authorized person. The applicant shall bear all debts arising from the unit card.

(3) When applying for a credit card for the first time, the applicant shall fill in the credit card application form correctly, completely and truthfully, and submit the relevant supporting documents required by the card issuer, and agree that the card issuer may inquire about the credit status of the applicant from any relevant department, unit or individual, and keep and use the relevant materials.

What is a credit card and what is the difference between it and a bank card?

Bank cards include credit cards and debit cards. And credit card is just a kind of bank card. The difference between the two is that credit card is a kind of bank card, which can be consumed first and then repaid. Bank card refers to a credit payment tool issued by a regular commercial bank, which has the functions of consumer credit, transfer settlement, cash deposit and withdrawal, etc. Bank cards can be divided into two categories, one is credit card and the other is debit card.