How to distinguish between credit card and savings card?

The difference between credit card and savings card

The difference between a credit card and a savings card is that:

1, credit cards can be overdrawn, and savings cards must deposit a certain amount before they can be consumed;

2. Credit card swiping can choose confidential payment, and the password must be entered for the savings card;

3. The money deposited in the credit card has no current interest, while the money in the savings card has current interest;

4. Credit card takes the existing handling fee, and there is no handling fee for cash withdrawal of savings card;

The annual fee of credit card is relatively high. Some bank savings cards have annual fees, and most banks are exempt from annual fees.

It is more difficult to apply for a credit card than a savings card. Applying for a credit card requires proof of work and social security payment, but a savings card can be applied as long as it has civil capacity.

How to distinguish between credit card and savings card?

I. Classification of bank cards

Bank card is a credit payment tool issued by commercial banks and other financial institutions and postal savings and remittance institutions to the society with all or part of the functions of consumer credit, transfer settlement, cash deposit and withdrawal, etc. Bank cards include debit cards and credit cards, and credit cards we often say belong to the category of credit cards.

Debit card is a bank card issued by the issuing bank to the society, which deposits first and then consumes (or withdraws cash) without overdraft function. According to different functions, it can be divided into transfer card (including savings card), special card and stored value card.

Credit card refers to the credit card issued by the bank, which gives the cardholder a certain credit limit, within which the cardholder can spend first and then repay. Credit cards generally refer to credit cards.

A quasi-credit card refers to a quasi-credit card issued by a bank. The cardholder deposits a certain amount of reserve fund according to the regulations. When the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit.

Second, the difference between credit card and savings card

Savings card is a kind of financial transaction card issued by the bank to provide financial services for depositors, which belongs to a kind of debit card.

Credit card is a non-cash transaction payment method, a simple credit service and a credit card.

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How to distinguish between credit card and savings card?

Credit cards and savings cards are different in appearance and use. Next, let's see how to distinguish between credit cards and savings cards.

0 1

Functional aspect

Credit card can be understood as borrowing money from others, which requires certain interest, but does not require collateral; A savings card can be understood as putting your deposit in the bank and charging a certain interest.

02

deadline

Credit cards are generally short-term, and you can repay them when you borrow them. For example, you can borrow money from Baihua this month and repay it next month, but you can also repay it at any time. Savings cards are generally long-term, such as more than one year.

03

it seems

You can touch the words of credit card and savings card by hand, and you can see that the words of credit card are concave and convex, but the words of savings card are not. They are flat.

04

Overdraft aspect

Credit cards can be overdrawn, for example, about 5,000 yuan can be overdrawn, while savings cards can't be overdrawn, and generally only deposits can be made.

What is the difference between a savings card and a credit card?

The difference between a savings card and a credit card is as follows:

1. The digits of savings card and credit card are different.

There are 3 to 5 groups of savings cards, and the digits of 13 to 19 are different. The credit card is 4 digits and 4 groups. The total number of digits is 16.

2. Different anti-counterfeiting marks.

Some savings cards have anti-counterfeiting marks, others don't, and they are dispensable. Credit cards have specific holographic anti-counterfeiting marks.

3. The fonts on the card face are uneven.

Some savings cards are convex and some are concave, which can be convex or concave. Credit cards are embossed on the card surface;

4. The validity period is different.

Savings cards are dispensable, and some only have the date of issue. Credit cards have an embossed service life.

5, the name pinyin is different.

Some savings cards are available, some are not, and they are also dispensable. The credit card is embossed with the cardholder's name pinyin and gender.

6. The balance of overdraft.

Savings cards cannot be overdrawn. If you have money, you can brush them. If you have no money, you can't brush them. Credit cards can of course be overdrawn.

Savings card is a financial transaction card issued by the bank to provide financial services to depositors, which belongs to debit card. There are two kinds: magnetic stripe and chip. Its main function is to deposit and withdraw money at networked ATMs and bank counters and spend it at networked POS machines.

The main function of a savings card is to save deposits. Cardholders can read and manually enter passwords through the electronic payment network established by the bank and the magnetic stripe of the card, so as to realize the functions of credit card consumption, ATM withdrawal, transfer and various payments. The expenses incurred through the card are equal to the decrease in the balance of the savings account. If the account balance is zero, the payment function of the card will also be reduced to zero. The application for a savings card is very simple, and you can get it right away without bank approval.

2. Credit card, also called debit card, is a credit certificate issued by commercial banks or credit card companies to qualified consumers. It is a card with name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip on the back. Consumers with credit cards can go to specialized commercial service departments for shopping or spending, and then the bank will settle accounts with merchants and cardholders, and cardholders can overdraw within the prescribed limits.

The difference between savings card and credit card

The difference between savings card and credit card

Here are some common ways to distinguish between credit cards and savings cards:

1. The expiration date and the cardholder's name pinyin are printed on the front of the credit card, but not on the savings card.

Credit cards are embossed, and savings cards are generally printed.

There are 7 digits printed on the back of the credit card, but not on the savings card.

4. On the back of the credit card, there are words similar to "This card is valid only after signing" or similar words, while on the back of the savings card, there are only words similar to "the cardholder's signature".

5. Credit cards have laser anti-counterfeiting labels; About 90% savings cards do not have laser anti-counterfeiting labels.

Besides, which is better, a credit card or a savings card? Card bag. Com has compiled everyone's views on the two kinds of bank cards, and the comparison is as follows:

Handling difficulty: the savings card wins.

As long as you have an ID card (usually the second generation now), you can go to the bank and get yourself a savings card. But if you only have an ID card and you apply for a credit card, the bank should consider your income level, social security, assets and so on. I'm really not sure if I can send you a card.

About the annual fee: the credit card won

At present, almost many banks charge annual fees for savings cards, generally ranging from 10 yuan. Of course, some banks have introduced savings cards that do not require annual fees. After all, this situation is rare. On the other hand, credit cards are different. Although the annual fee is as high as tens of yuan or one or two hundred yuan, you can waive the annual fee for the next year as long as you swipe your card several times in one year.

Security primary key

It can be said that both savings cards and credit cards are swiped, or through online transactions or mobile devices. As long as there is a transaction, there will be risks. So when using savings cards and credit cards, you should protect your passwords. If you use a savings card for online banking, you should also ensure that the computer has the necessary security software installed and learn to use the online silver shield.

Do you support overdraft?

Under normal circumstances, savings cards do not support overdraft. Credit cards have this overdraft function. The overdraft function is still very helpful for urgent needs, but it will cause some unnecessary troubles if you are afraid that you can't control yourself and overdraw blindly. Still have to learn to consume rationally.

Relationship with life

In the function of life, credit card is undoubtedly better. For example, shopping malls and hotels can spend points, and you can also use credit cards by subway and bus. It is convenient to travel abroad, spend money and shop with a credit card. Savings cards don't have that many tricks, but if online banking is opened on savings cards, online shopping, repayment and transfer are also very convenient.

Influence on personal credit

It can be said that because the savings card has no overdraft function, every expenditure and consumption generated by the savings card is your own. You can deposit it if you want, and take it if you want, which is beyond the control of banks. On the other hand, credit cards have a billing date and a final repayment date every month. If you are overdue, there will be credit problems, which will affect your normal life and work.

How to distinguish between credit card and savings card?

Judging whether it is a credit card or a savings card according to the bank: the digits of the debit card are 19, and the digits of the credit card are 16. Moreover, from the display on the card, the debit card does not have the pinyin printing of the cardholder's name, while the credit card has the pinyin of the cardholder's name on the front.

When spending by credit card, credit card can be overdrawn. You can use a credit card. There is no deposit in the card. You can't use it if it exceeds the limit. You can call customer service to apply for a temporary limit. A savings card can only be swiped if there is money in it.

Debit cards are divided into transfer cards, special cards and stored value cards according to different functions. Debit cards cannot be overdrawn. The transfer card has the functions of transfer, cash deposit and withdrawal and consumption.

Credit cards are divided into credit cards and quasi-credit cards. Credit card refers to a credit card in which the cardholder has a certain credit limit and can spend first and then repay. Quasi-credit card refers to a quasi-credit card in which the cardholder deposits a certain amount of reserve fund according to the regulations, and when the balance of the reserve fund account is insufficient to pay, it can be overdrawn within the prescribed credit limit.

Functions of credit investigation:

First, the impact of credit reporting:

1 will reduce the borrower's loan amount.

2. Do not give the borrower preferential interest rate or make the loan interest rate rise.

3. If there are many bad credit records, the borrower's loan application will be rejected directly.

4. It has an impact on recruitment, job hunting, renting a house, and even visas for going abroad.

5. Credit information difference will be blacklisted by the central bank, which will bring a lot of inconvenience to life.

Second, the influence of personal credit behavior:

1, arrears of water, telephone and other related expenses, these small things will affect your personal credit information.

2. If the borrower's debt is too high. Most people already have car loans and mortgages with repayment amount exceeding 50% of the borrower's monthly income, while credit cards with repayment amount exceeding 50% of the borrower's monthly income will be included in the bad credit information system.

3. The borrower applies for personal loan default. The loan principal and interest are not repaid or the guarantor is repaying; Those who repay their debts with assets in the near future and within two years will also be included in the credit record list.

This concludes the introduction of how to distinguish credit cards from savings cards and bank cards. I wonder if you have found the information you need?