Basic differences between credit cards and savings cards

Credit cards and savings cards are two different financial products, and there are obvious differences between them. First of all, a credit card is a debit card, which allows the cardholder to use the credit line provided by the bank when paying without having to deposit funds in advance. The savings card is a kind of deposit card, and the cardholder needs to deposit funds in advance before using it.

Secondly, the interest rate of credit cards is higher than that of savings cards. In general, the interest rate of credit cards is above 2%, while that of savings cards is generally below 3%. In addition, the payment amount of credit cards is generally higher than that of savings cards. Under normal circumstances, the payment amount of credit cards can reach tens of thousands of yuan, while the payment amount of savings cards is generally below several thousand yuan.

Advantages of credit card and savings card

Credit card and savings card have their own advantages. The advantage of credit card is that it can provide a higher payment amount and provide more credit services, such as buying goods, paying travel expenses and paying medical expenses.

The advantage of savings card is that it can provide lower interest rate and more deposit services, such as saving money, paying daily expenses and paying shopping expenses.

How to choose credit cards and savings cards more wisely

When choosing credit cards and savings cards, you should first consider your actual needs. If you need a high amount of payment, then credit cards are a better choice; If you need a low-interest deposit, then a savings card is a better choice.

Secondly, when choosing credit cards and savings cards, we should consider the service quality of banks. Generally speaking, the higher the service quality of banks, the greater the interests of cardholders. In addition, we should also consider the bank fees. Generally speaking, the lower the bank fees, the greater the interests of cardholders.

Finally, when choosing a credit card and a savings card, you should consider your own payment habits. If you have good payment habits, you can choose a credit card. If you don't have good payment habits, you can choose a savings card.

In short, credit card and savings card have their own advantages. When choosing, you should choose credit card and savings card more wisely according to your actual needs, the service quality and cost of the bank, and your payment habits.