Legal analysis: Debit cards are not legally credit cards. Bank cards are divided into two types: credit cards and debit cards. In addition to the functions of transfer settlement, cash deposit and withdrawal, and consumption, the former also has an overdraft function, that is, the cardholder can consume first and then repay within the credit limit specified by the card-issuing bank; the main difference between the latter and the former is that That is, it does not have an overdraft function. Cardholders must first deposit a certain amount of reserve fund according to regulations, and then conduct transfer settlement, deposit and withdraw cash, or make purchases within the reserve amount.

Legal basis: "Measures for the Administration of Bank Card Business"

Article 5 Bank cards include credit cards and debit cards. Bank cards are divided into RMB cards and foreign currency cards according to different currencies; they are divided into corporate cards (commercial cards) and personal cards according to the issuing objects; they are divided into magnetic stripe cards and chip (IC) cards according to different information carriers.

Article 6

Credit cards are divided into two categories: credit cards and quasi-credit cards based on whether a reserve fund is deposited with the card-issuing bank. A credit card refers to a credit card in which the card-issuing bank gives the cardholder a certain credit limit, and the cardholder can consume within the credit limit first and repay later. A quasi-credit card refers to a credit card in which the cardholder must first deposit a certain amount of reserve fund as required by the card-issuing bank. When the reserve account balance is insufficient for payment, the cardholder can overdraw within the credit limit specified by the card-issuing bank.

Article 7 Debit cards are divided into transfer cards (including savings cards, the same below), special cards and stored-value cards according to different functions. Debit cards do not have overdraft capabilities.

Article 8 Debit card is a debit card with real-time debit. It has transfer settlement, cash deposit and withdrawal and consumption functions.

Article 9 A special card is a debit card with special purpose and used in a specific area. It has the functions of transfer settlement and cash deposit and withdrawal. Special purpose refers to uses other than department stores, catering, restaurants, and entertainment industries.

Article 10 A stored-value card is a prepaid wallet-style debit card in which the card-issuing bank transfers funds to the card for storage at the request of the cardholder and deducts money directly from the card during transactions.