The blue one is a common card for us. You can usually go to the bank to apply for it by yourself. Basically, it is this card.
The second type should be a customized version, customized by the enterprise, and should be an employee salary card.
Bank cards are divided into credit cards and debit cards
Credit cards are further divided into credit cards and quasi-credit cards.
Debit cards are divided into transfer 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.
Specialized cards are debit cards used in specific areas and for special purposes (referring to purposes other than department stores, restaurants, and entertainment industries). They have 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 deducts money directly from the card during transactions.
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.
According to the type of bank card, cardholders can enjoy the following services:
(1) Consumption: Cardholders can use the card at special merchants according to the scope and method of use specified by the card-issuing bank. When shopping or paying for services, usually you can pay in cash instead of cash by showing your bank card and entering a reserved password, or by showing your ID.
(2) Deposits, withdrawals, and remittances: Cardholders can use 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 is paid on deposits in credit cards and debit cards (excluding stored value cards) in accordance with the regulations 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 treatment (the credit card holder cannot repay in full during the interest-free period, but chooses to follow the card-issuing bank’s regulations) Repay the minimum repayment amount) and no longer enjoy the interest-free treatment.
Credit cardholders who withdraw cash or have overdrafts with quasi-credit cards do not enjoy the interest-free repayment period and 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 a 5% over-limit fee and late payment fee for the excess overdraft limit and the unrepaid portion of the minimum repayment amount.