It is indeed true, but not all situations can be refunded. For example, users with overdue credit cards or bad debts can be ignored directly. Credit card is a special carrier card issued by commercial banks to individuals and organizations, which can be used for shopping and consumption with special organizations and depositing and withdrawing cash from banks. It has consumer credit. It is in the form of a card with the name of the issuing bank, validity period, number, and number printed on the front. Cards containing the cardholder's name, etc., and a magnetic stripe and signature strip on the back

First, a credit card is also called a credit card. Consumers holding credit cards can shop or consume at specially designated commercial service departments, and then the bank will settle the accounts with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

Second, the credit card stipulated in the relevant laws of our country ("Interpretation of the Standing Committee of the National People's Congress on lt; Criminal Law of the People's Republic of China and the People's Republic of China; Relevant Credit Card Provisions") refers to credit cards issued by commercial banks or Electronic payment cards issued by other financial institutions with all or part of the functions of consumer payment, credit loans, transfer settlement, cash deposits and withdrawals, etc. On December 1, 2017, the "English Translation and Writing Standards in the Public Service Field" was officially implemented, stipulating that the standard English name of credit cards is Credit Card.

Third, 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 billing date. Credit cards are divided into credit cards and quasi-credit cards. A credit card refers to a credit card in which the cardholder has a certain credit limit and can consume within the credit limit and then repay; a quasi-credit card refers to a credit card in which the cardholder can A quasi-credit card that deposits a certain amount of reserve fund and can be overdrafted within the specified credit limit when the reserve account balance is insufficient for payment. The so-called credit card generally refers to a credit card only.