Credit cards give users a certain overdraft limit on the basis of their savings cards, and users can borrow and repay within the limit at any time. It is a comprehensive credit business launched by banks.

The credit card will check the user’s credit status. If the credit conditions do not meet the requirements, the application cannot be processed. Credit cards calculate interest on a daily basis, and the credit limit has a period of use, usually around 3 years. When using a credit card, you must repay the loan on time to avoid adverse effects on your credit score.

The difference between credit cards and credit cards:

1. Different subject scope of card issuing banks

Credit cards are generally issued by rural credit cooperatives, while credit cards are generally issued by state-owned banks , commercial banks, etc. can all issue it.

2. Different basis for issuance of credit card

Credit card is an overdraft limit given to users on the basis of savings card, while credit card is evaluated and issued based on the user's credit.

A credit card, also called a credit card, is a credit certificate issued by a commercial bank or credit card company to consumers with qualified credit. It takes the form of a card with the issuing bank's name, validity period, number, cardholder's 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 designated commercial service departments, and then the bank will settle the accounts with merchants and cardholders. Cardholders can overdraft within the prescribed limit.

Credit cards stipulated in the relevant laws of our country refer to electronic payment cards issued by commercial banks or other financial institutions that have all or part of the functions of consumer payment, credit loans, transfer settlement, cash deposits and withdrawals, etc. 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 bill 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.

Credit card is a non-cash payment method and a simple credit service. Credit cards are issued to cardholders by banks or credit card companies based on the user's creditworthiness and financial resources. Cardholders do not need to pay cash when making purchases with the credit card, and repayment will be made on the settlement date. Except for some credit cards combined with debit cards, general credit cards are different from debit cards and ATM cards in that credit cards will not directly deduct funds from the user's account. A credit card is a special carrier card issued by commercial banks to individuals and organizations, which allows them to shop and consume with special entities and deposit and withdraw cash from banks. It is a special carrier card with consumer credit. It is in the form of a card with the name, validity period, number, and number of the issuing bank printed on the front. Cards containing the cardholder's name, etc., and a magnetic stripe and signature strip on the back.