All-in-one savings card is also a type of bank card. In addition to savings cards, bank cards also include credit cards. Debit cards and credit cards mainly have different functions. Deposit cards are used to save money and can transfer funds, self-service payments, etc.; credit cards are used to overdraft consumption in advance. The application methods for these two cards are also different.

All-purpose card is a common name for smart cards. It consists of cards, appliances, and upper-level management software. Its main function is to realize information sharing and centralized control.

Bank cards refer to credit payment instruments issued to the public by approved commercial banks (including postal financial institutions) with all or part of the functions of consumer credit, transfer settlement, cash deposits and withdrawals, etc.

Bank cards reduce the circulation of cash and checks, allowing banking business to break through the limitations of time and space and undergo fundamental changes.

Credit Card is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit.

The form of a credit card is a card with the name of the card-issuing bank, validity period, number, cardholder name, etc. printed on the front. Consumers holding credit cards can go to a special commercial service department for shopping or consumption, and then The bank makes settlements with merchants and cardholders, and cardholders can overdraw within the prescribed limit.

How to activate the Merchants Card?

The CMB All-in-One Card can be activated in the following two ways.

1. Customer service phone activation:

If the card is issued in the name of a friend or company accountant, the cardholder can activate it through the customer service hotline 95555. After calling, select 1 and follow the It requires entering personal information such as card number and password for activation.

2. Branch activation;

If the card is opened by a company collectively, you must bring your ID and card to a nearby China Merchants Bank branch for activation.

The 20-year development history of China's bank card industry can be roughly divided into four stages:

The period from 1985 to the early 1990s is the initial stage.

From the early 1990s to the beginning of 1996, it was the stage when branches of various banks in large and medium-sized cities independently developed their bank card business. At this stage, the gold card project was launched.

From 1997 to the end of 2001, it was the stage when China’s bank cards gradually became universal on the Internet.

From 2001 to the present, China’s bank card network is in the in-depth development stage, and the number of bank cards issued by banking institutions across the country has grown rapidly.