Credit cards can help people form good spending habits and can also help with financial management. Its main functions and uses are as follows.

1. The functions of credit cards:

1. It facilitates people’s lives and eliminates the trouble of carrying cash. There are no geographical restrictions on the use of credit cards, no matter where the card is swiped anywhere in the country. As long as there is a bank logo, you can swipe it, and there is no handling fee;

2. You can participate in various discounts and discounts cooperated by merchants and banks;

3. Spend by swiping your card The points earned can be exchanged for gifts;

4. Timely repayment after swiping the card can improve personal bank credibility.

2. Purposes of credit cards:

1. Shopping.

2. Microcredit.

3. Save money.

4. Save money when shopping.

5. Credit card value-added services, get cheap insurance and travel.

6. Credit certificate.

Credit cards, also called credit cards, are credit certificates issued by commercial banks or credit card companies to consumers with qualified credit. It takes the form of a card with the name of the issuing bank, validity period, number, cardholder name and other contents printed on the front, and a magnetic stripe and signature strip on the back. Consumers holding credit cards can shop or consume at specially appointed commercial service departments, and then the bank will make settlements with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

Credit cards stipulated in the relevant laws of our country ("Interpretation of the Standing Committee of the National People's Congress on Relevant Credit Card Regulations") refer to credit cards issued by commercial banks or other financial institutions with the functions of consumption payment, credit loans, transfer settlement , cash deposit and withdrawal and other full or partial functions of the electronic payment card. 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.

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.