1. When the reserve of the credit card is insufficient, you can overdraw within the limit, and the user only needs to repay it at the specified time. The main function of stored-value card is to save deposits. Only when there is money in the card memory can you spend it. Do not have overdraft function. Its main functions are credit card consumption, transfer, ATM withdrawal and various payment functions.
First of all, everyone should understand the difference between binding a credit card and a savings card when handling ETC.
1. When binding the savings card, the staff will enthusiastically tell the driver: "There must be cash from 500 yuan in the card, otherwise even if ETC is installed, there will be problems with ETC checkpoints." This is very important. If the driver drives at high speed, ETC system will automatically deduct 1 time after getting off the high speed. If the card is only 499 yuan, he may encounter the situation that he can't drive after getting on the high speed again. Riding an ox to see a bear thinks this is not just a deposit from 500 yuan. Drivers have to save more money before they get on the highway, otherwise they will be impatient if they don't get on the highway. If they want to back out of the automatic gear, the car behind them will honk. At this time, the driver's mood must be two words-sour and refreshing.
2. If a credit card is bound when handling ETC, it will be deducted automatically. After the credit card is deducted, the cardholder can repay in full on the repayment date. Riding a bull and watching a bear, I found that major banks are still launching credit card "exclusive ETC". Although the quota is not large, as long as the applicant has no credit problems, the pass rate is usually high, and the cardholder can also use his existing credit card to bind ETC, which is the most convenient.
3. In order to seize the market, some banks have launched ETC credit card preferential activities with different strengths, mainly with a 10% discount, and some banks have also launched a step-by-step discount on monthly usage. Riding a bull to see a bear, I found that some bank cards are 10% off within 1000 yuan, 8.5% off from 1000 yuan to 3,000 yuan, and 20% off from 3,000 yuan to 5,000 yuan. However, for ordinary drivers, it is still a bit difficult for vehicles to travel at a high speed of more than 3,000 yuan per month. When you actually apply for a card, you can consider a discount of 8.5% to 10%.
4. When the credit card is bound to ETC, you can also enjoy points discount, hotel pre-authorization, daily consumption and other functions. In fact, it is a credit card itself, so don't think that it is only used at high speed, so you should "care" it at ordinary times. Swipe your card at least 3 to 6 times a year to avoid the annual fee. Usually, after high-speed consumption, cardholders should remember to pay off their debts on the repayment date of credit cards, otherwise, personal credit information will be "stained", which will have a certain impact on loan matters such as buying a house and a car in the future. After all, the use of credit cards only helps cardholders to repay in advance. In fact, the money owed must be paid back.
Through the above introduction, I have a lot of spare money and don't like to do financial management. I just put the money in the current account of the savings card, or the careful driver has saved enough money in front of the expressway, so I can consider binding the savings card when handling ETC.