Question 1: What is a credit card? I am used to hearing the name credit card, but suddenly when someone mentions a credit card, I don’t know what it means. ? In fact, what we usually call credit card is a broad term, because credit cards are divided into two types: credit cards and quasi-credit cards. This is the same as credit cards and debit cards (deposit cards) are collectively called bank cards. To put it bluntly, a credit card is a type of credit card. After the credit card is opened, users do not need to deposit cash into it. The bank will designate a credit limit when it is opened. Within this limit, you can make early purchases and repay the debt within the date specified by the bank (credit card repayment date). . Such a definition must remind you of a credit card. In fact, the definition of a credit card is what we often call a credit card, but a real credit card is not defined in this way. It also includes quasi-credit cards.

Question 2: What is a credit card? Types of bank cards

(1) Bank cards are divided into credit cards and debit cards

Credit cards are further divided into credit cards and quasi-credit cards.

A credit card refers to a credit card in which the card-issuing bank gives the cardholder a certain credit limit, and the cardholder can consume within the credit limit first and repay later.

A quasi-credit card refers to a credit card in which the cardholder first deposits a certain amount of reserve fund as required by the bank. When the reserve fund is insufficient to pay, the cardholder can overdraw within the credit limit specified by the card-issuing bank.

Debit cards are divided into debit cards, special cards, and stored-value cards according to different functions. Debit cards cannot be overdrawn.

Debit cards have the functions of transferring money, depositing and withdrawing cash, and spending money.

A special card is a debit card used in a specific area and for special purposes (referring to uses other than department stores, restaurants, and entertainment industries). It has the functions of transferring funds, depositing and withdrawing cash.

A stored-value card is a prepaid wallet debit card in which the bank transfers funds to the card for storage at the request of the cardholder and directly deducts funds from the card during transactions.

(2) Other classifications of bank cards

Bank cards are divided into corporate cards and personal cards according to different issuing objects; according to different currencies, they are divided into RMB cards and foreign currency cards; according to information The carriers are divided into magnetic stripe cards and chip cards.

2. Bank card application

Individuals applying for bank cards must provide their valid identity documents specified by the public security department; units applying for a basic account must submit a certificate issued by the People's Bank of China. license.

Cardholders can request bank card regulations from the card-issuing bank, clarifying the types of bank cards, usage restrictions, interest calculation and charging standards, and the rights and obligations of both parties.

3. Use of bank cards

Bank cards and their accounts can only be used by the cardholder himself and may not be rented or lent.

Depending on the type of bank card, cardholders can enjoy the following services:

(1) Consumption

Cardholders can use the card according to the scope of use specified by the issuing bank. And how to use it When shopping or paying service fees at a special merchant, you can usually pay in lieu of cash by showing your bank card and entering the reserved password, or by showing your ID.

(2) Deposits, withdrawals, and remittances

Cardholders can use their bank cards to handle deposits, withdrawals (including withdrawals from other places and across banks) and remittance services.

(3) Overdraft

Credit card holders can also apply for a certain amount of credit overdraft.

(4) Use of corporate cards

Corporate cards are not allowed to deposit or withdraw cash. All funds in the corporate cards must be transferred and deposited from the basic account. The unit card can handle the settlement of goods transactions and labor supply payments, but no overdraft is allowed.

4. Bank card interest calculation and charges

Banks do not pay interest on deposits in credit cards and stored-value cards.

Interest will be paid on deposits in credit cards and debit cards (excluding stored value cards) in accordance with the provisions of the People's Bank of China.

Credit card non-cash transaction overdrafts can enjoy an interest-free repayment period. The interest-free repayment period is up to 60 days. If the cardholder repays the bank funds within the interest-free repayment period, there is no need to Pay overdraft interest on non-cash transactions. However, the cardholder's overdraft exceeds the credit limit stipulated by the bank or chooses the minimum repayment amount treatment (the credit card holder cannot repay the full amount during the interest-free period, but chooses to repay according to the minimum repayment amount stipulated by the card-issuing bank) , no longer enjoy the interest-free treatment.

Credit cardholders who withdraw cash or use quasi-credit card overdrafts do not enjoy the interest-free repayment period and the minimum repayment amount, and overdraft interest is paid at a daily interest rate of 0.05%.

If the credit card overdraft exceeds the bank's credit limit and cannot repay the minimum repayment amount, the bank will charge an over-limit fee and late payment fee of 5% for the excess overdraft limit and the unrepaid portion of the minimum repayment amount.

5. Bank card loss reporting

Cardholders who have lost their bank cards can report the loss through the 24-hour loss reporting service hotline and written loss reporting. The responsibility for reporting the loss lies with the issuing bank. This should be clearly stated in the articles of association and relevant agreements.

6. Universal bank card network

Universal bank card network means that institutions operating bank card business use their own network systems, terminal equipment, special merchants and technical service means to communicate with banks The card is connected to the inter-bank information exchange system to realize the universal use of bank cards across banks.

Internet bank card holders can withdraw cash from any online bank’s ATM machine across banks, make purchases at any online POS machine, and can also withdraw money and spend money across regions.

At present, bank card users can withdraw cash and spend money across banks. When going to other places, as long as the local bank posts the "UnionPay" logo, cardholders can withdraw cash and spend money across regions.

If the cardholder withdraws funds from different banks in the same city or different places, the bank will charge a handling fee of no more than 2 yuan (excluding cross-regional withdrawal handling fees for withdrawals from other places). ...gt；gt;

Question 3: What is a credit card? In fact, it is a credit card

The one with a survival period is called a savings card or a debit card

Credit card

A credit card refers to a credit card in which the card-issuing bank gives the cardholder a certain credit limit, and the cardholder can consume within the credit limit first and repay later. A credit card is a credit card in the true sense, with functions such as credit consumption, transfer settlement, and cash deposits and withdrawals. It has the following characteristics: consume first and repay later, enjoy an interest-free payment period (up to 56 days), and has a minimum repayment amount. Customers can repay in installments if they have overdrafts.

Question 4: What is the difference between a credit card and a credit card? Hello, a credit card is a credit card. You consume first and repay later. If you use bank funds to spend in advance, you can enjoy the interest-free period. If you repay your credit card on time after being overdrawn, you can accumulate personal credit. Credit cards can also be used as payment tools. You can directly use credit cards for consumption through card-swiping POS machines or online payment platforms installed by merchants. At the same time, the bank will also provide you with various forms of points, discounts, draws, promotions and other activities. In addition, credit cards are also the main international payment tool. On international websites, you only need to fill in your personal credit card information to make purchases directly (debit cards generally cannot complete this function).

(You can consult online through QQ or WeChat about the China Merchants Bank credit card service information you want to know.

Method 1: Search for 4008205555 among QQ business friends and add China Merchants Bank Credit Card Center as a friend; Method 2: Search for the number "cmb4008205555" in WeChat and follow China Merchants Bank Credit Card Center)

Question 5: Credit report What does the credit card account number 2 mean? If you only have one credit card, and the credit report says you have two accounts, it means that your card is a dual-currency card, and one currency belongs to one account

Question 6: What is credit? Card account, I only have one ICBC credit card, why does my credit report show that I have 9 credit card accounts? Maybe you applied for a card before but failed to cancel it in time

Maybe someone used your identity to apply for a card

Bring your ID card to the bank where the account belongs to and check on the credit report

Question 7: The difference between credit card, debit card and credit card. Debit card: This is the most commonly used and the simplest. It can be used with a passbook. Deposits bear interest and cannot be overdrafted. You can spend as much as you save. Debit cards are the same. Use the password for consumption and inquiry;

Credit card: This is the most commonly used credit card at present. It is this kind of card that major banks are currently promoting. Credit card deposits are interest-free, but you can With an overdraft, you can spend money from the bank. After you have spent it, you can pay it back and spend it again. As long as you are within the interest-free period, you can enjoy interest-free use without any additional expenses. Interest-free overdrafts with credit cards are only limited to purchases made with the card. If you withdraw cash at an ATM or over the counter, you will not be eligible for interest-free. At present, most domestic credit cards can be used for swiping purchases with a signature, but a password is required to withdraw cash or check at the ATM.

Credit card: At present, the credit card we often refer to refers to a credit card, but it is not the same concept. This is because there is also a special kind of credit card in China, that is, a quasi-credit card. A special product born under the immature credit card usage environment in China. Like a debit card, its deposits are interest-bearing, which is the same as a debit card, but at the same time, it can be overdrafted, which is similar to a credit card, but not exactly the same. The overdraft of a quasi-credit card There is no interest-free period. Quasi-credit card purchases can also be made with a signature only.

To put it simply, credit cards in the broad sense include credit cards and quasi-credit cards, while credit cards in the narrow sense only refer to credit cards. At present, there are often rumors about the demise of quasi-credit cards in China, but judging from the current situation in China, there is still a considerable market for quasi-credit cards.

Below is a link to NetEase, which also introduces what a credit card is, please check:

finance.sina/...loud shtml

Question Eight: What does the number three in the credit card account mean? The debit card is the first deposit issued by the issuing bank with social expenditure (or cash), after which there is no overdraft function of the bank card. Different functions can be divided into debit cards (including debit cards), special cards and stored-value cards, which are functions of transfer settlement, deposit and withdrawal of cash, shopping and other credit tools, which also add transfers, purchase of funds, stocks and other financial functions, and also provides a large number of value-added services.

Commercial bank credit cards are issued to individuals and organizations, with special units for shopping, consumption and special access bank cash cards, with consumer credit in the form printed by the issuing bank in front of the name, expiration date, number of items, holding period The name of the cardholder, etc., and there is a magnetic strip on the back of the card are the signature. We are talking about credit cards, debit cards generally with one finger. Product Features: 1. If you have no deposits, you can use overdraft for consumption and enjoy the interest-free period of 20-50 days for one-time payment without charging any interest. 2. Only credit card security, hygiene, convenience, and points gift purchasing. 3. You can enjoy discounts at merchants that use bank cards. 4. The accumulation of personal credit will increase your credit file and credit record for a lifetime. 5. ATMs and POS machines with barrier-free transmission of the UnionPay logo across the country can withdraw money or make purchases by swiping cards. 6. Various discounts and lucky draws throughout the year, so you can always use the card to surprises whenever you want. On 7 monthly bills, free shipping gives you transparency on every purchase.

8. Unique supplementary card features, joint financing, or controlling your children’s financial expenses. 9. You can freely choose the form of dual-currency card. After visiting the world, overseas consumption can be repaid in RMB. 10. The 24-hour 800 toll-free service hotline will take effect immediately to report the loss of the card, with zero risk of card loss.

Quasi-credit cards can hold cash and cash equivalents without charging fees and encourage card consumption. The deposit margin is super if we want to get back the loan for payment of fees or interest. The standard card can also be credited with consumption overdraft, but the overdraft interest will be 0.05% per day. Click here to see if we can provide consumers with timely repayment of interest and credit card overdraft within a certain period of time after swiping the card

You can apply for the card for free, no deposit payment, hotel and interest-free repayment period, - free

With revolving credit, you cannot have the minimum repayment. Revolving credit cannot be repaid with the minimum repayment

Quasi-credit card overdraft

You may need to pay a certain amount to apply for the card. amount of non-interest-free deposits

During the beginning of the one-day interest-free period, one day of overdraft interest began

Without a revolving credit overdraft, the minimum repayment cannot be used

Question 9: What does the credit card account number 4 mean? Solution: There are four credit card accounts. There are two situations. Each of the four banks has one credit card or one bank or multiple banks have opened multiple or multi-currency credit cards.

Question 10: What does account withdrawal (credit card repayment) mean? 1. Use a credit card to consume and then repay.

2. Full repayment means paying off the "all repayments for the current period" listed on the current bill before the specified repayment due date. If the cardholder chooses to repay in full, the consumption amount can enjoy interest-free treatment for 20-50 days.

3. Minimum repayment repayment means paying off the "minimum repayment amount" listed on the current bill before the specified repayment due date. This is what you need to pay regularly every month. Repay a certain amount. Repaying the minimum repayment will not affect your credit but will accrue interest on the full amount.

4. If it is a China Construction Bank card and a single payment of 1,000 yuan is made, the repayment date will be three days in advance. , you can call the customer service hotline to apply for installment.

5. Minimum repayment formula

Accumulated fees and accumulated interest (accumulated unpaid consumption principal and accumulated unpaid cash withdrawal principal - dispute payment) * 10 over-limit fee Unpaid portion of the minimum repayment amount in the previous period

Installment payment: For example, if you buy a computer worth 6,000 yuan, choose to pay in 12 installments, take this as an example

Then it is 6,000 yuan ÷ 12 installments = 500 yuan/period. Some merchants will have installment handling fees, for example, if it is divided into 12 installments, it is 2.5. Then the handling fee is 6,000 yuan × 2.5 = 150 yuan

Then when you successfully purchase the product, that is, when you swipe your card, the payment should be

500 yuan down payment fee of 150 yuan = 650 yuan

The 650 yuan will be deducted immediately when the card is swiped, and the remaining 5,500 yuan will be amortized in each installment of the credit card account.