Note: The following amount is NT$ 4 yuan, which is approximately equal to 1 yuan.
Credit card (credit card)
The payment tool of plastic currency is the most popular consumption mode after cash at present. The "credit card" issued by financial institutions and the consumer credit line issued by card issuers are also personal credentials according to the applicant's personal credit records. Using a credit card has the following advantages:
You don't have to carry a lot of cash with you to avoid the risk of carrying a lot of cash.
Has its own advantages, "consumption first, then payment".
You can use the "revolving credit" function to delay the payment and manage your finances flexibly.
Personal credit and identity confirmation.
At that time, compared with more than 200 countries or regions in the world, more than 1.3 million merchants accepted credit cards. If cash is needed, there are about 654.38+600 million ATMs in the world that accept credit cards to withdraw cash.
Financial instruments: using credit cards, personal consumption records, monthly bills, these are all signed bills, and every credit card consumption can be saved and reconciled to settle income and expenditure.
Gold card (discount card/gold card)
The main difference between a gold card and an ordinary card (ordinary card) is the limitation of qualification conditions and the level of credit line. Under normal circumstances, as long as an ordinary card has an annual income of 22 million, gold needs an annual income of 40 million, and the credit line granted by the bank will be higher than that of an ordinary card. The annual fee of ordinary card is twice as high as usual, but you can enjoy more member benefits, such as overseas emergency rescue, travel insurance and free road rescue. , to provide cardholders with more distinguished services.
Platinum card (platinum card)
Whiskey and MasterCard are the highest credit cards sponsored by the organization. It is aimed at the climax of society, such as enterprise managers and senior managers. In addition, high annual fees will be charged to senior people who often travel abroad to get more thoughtful additional services, such as free entry into the airport VIP room, free trailer, accident insurance, golf membership card promotion and so on.
Business card (enterprise card)
For the official use of credit cards, the company provides credit cards to bank applications and travels with employees. Employees use the company card to pay directly by the company, eliminating the traditional employee account and billing procedures. The accounting department of the company sorts the settlement in the list according to the monthly consumption of the bank, which saves a lot of trouble or further strives for quantity concessions.
Add-on card (supplementary card)
Credit card holders apply for seizure? Cards for family and friends, such as students and housewives who lack financial resources. The secondary card and the primary card * * * enjoy the credit limit of the credit card, and the account will be displayed in the same bill. In addition, the rights and obligations of the main card and the auxiliary card are basically the same, but it does not affect the loss reporting of the main card and the auxiliary card. For example, the main card will not be able to use the report.
Student id card (student id card)
Some banks provide students with credit cards, but students have no financial autonomy. The bank will give them a lower amount, usually only two to five million yuan. Students can also have a fixed income, otherwise, prepare proof of income and apply to the bank to increase the credit limit. Students can first establish a good reputation and bank reconciliation with their student ID cards, and increase the credit limit of ordinary cardholders in the future society.
Debit card (prepaid card)
The biggest difference is the debit card, not the credit card. Consumer payment tools, credit cards limit consumer repayment. Debit card consumption limits the amount, which is more flexible, and the number of users is in danger of explosion. It is often the best tool for cardholders to spend a lot of credit cards. However, if the user's credit card transaction volume suddenly increases or the cardholder's history is? It's too short and may be rejected. At present, in the market, debit cards are generally more than credit cards, and their identity characteristics and spending power are higher than the strict examination of their credit card standards, such as Citigroup Diners Card and American Express Card. Their entrance fees and annual fees are usually higher than credit cards. Debit card payment method must be paid in full within the payment period, instead of using revolving credit to delay payment of part of the amount like credit card.
The functions of ID card and credit card co-branded card (VIP card) are basically the same, but the ID card is jointly issued by the issuing bank and non-profit organizations, religious groups or charities, and has the function of public service. As a result, this non-profit certification body applies for this card, and the bank will give the cardholder a certain percentage of feedback, such as student ID card and baseball card.
Co-branded card (co-branded card)
The functions of co-branded cards, credit cards and ID cards are the same as those of issuers and general enterprises that issue co-branded cards, providing more services for a certain ethnic group and providing more functions than those of general credit card enterprises, such as China International Airlines returning cardholders' credit cards and department store co-branded cards.
Credit (credit)
Credit cards are real. First of all, you must have a good credit record, and the bank is willing to issue credit cards for you to use. Your cardholder's credit card consumption and repayment records will be an important reference for the bank to evaluate your credit rating in the future. Especially now, banks engaged in consumer finance pay more and more attention to the sales of existing customers. If you can make good use of your credit card to apply for other types of loans and establish a good credit record, you may enjoy better prices or simplify procedures.
line of credit
Credit line is a consumption limit, also called revolving credit. When you apply for a credit card bank, the bank will set the credit limit according to your personal economic ability, credit history and other data. Under this restriction, you can spend by credit card and enjoy convenient payment cycle credit. Under normal circumstances, the credit limit of a gold card will be higher than that of an ordinary card.
Provide credit line (available credit line available credit line)
The credit limit you can use and the total maximum consumption limit of your credit card supplementary card in two payment periods. For example, your original credit line is 6,543,800 yuan, and the total consumption of the main card and the auxiliary card is 60,000 yuan, so your remaining credit line is 40,000 yuan.
revolving loan
Short-term loans, revolving credit is a very convenient tool. When you can't make a one-time repayment in the bill, you can use this function to decide the amount and time of repayment, and solve it at any time without providing any collateral. Revolving credit, so that you have not settled all the accounts for the time being, but at least the minimum amount listed on the monthly statement should be paid back every month. Revolving credit is a short-term loan. According to the regulations of the bank, the calculation method of annual interest is different. Generally, the interest of around 19.97% means that when you decide to use revolving credit installment, the interest will be calculated from the interest of unpaid consumption (including cash advance). On the basis of calculation, you haven't calculated the payment base, bill settlement date or settlement payment period according to the regulations of banks and advance banks.
Due to the minimum monthly repayment
The minimum payable amount listed on the monthly statement includes:
According to the regulations of the bank, 2% of credit card accounts (including current and previous outstanding amounts) and the outstanding cash advance within the credit line of all consumer accounts (less than NT$ 500 yuan, calculated as NT$ 500 yuan).
Revolving credit interest, overdue fee and other expenses (such as annual fee, cash advance fee, etc.). ). More than a part of the bank credit account (including consumer receivables, cash overdraft, current loan monthly payment, etc.). ).
Third, this is the sum of your minimum monthly payment.
Cash in advance (cash overdraft)
When you need domestic and foreign cash temporarily, advance cash by credit card. Under normal circumstances, the credit limit of cash overdraft is fully one-third, and the total expenditure does not exceed your credit limit. Are there any restrictions in some banks? Daily cash advance amount. Without guarantee, you can get cash quickly. Handle as follows:
Contact and handle the global VISA/MasterCard or five-star hotel counter issued by the designated bank.
ATM exit: use an ATM with PLUS logo (VISA card) or Cirrus logo (MasterCard) to withdraw cash. You only need to follow the steps of using ATM to credit card, enter your personal password (PIN personal identification number) and the amount of cash borrowed in advance to get cash. Your cash advance password is issued by the issuing bank.
According to the regulations of the issuing bank, the general cash limit, or 3.5%, and the minimum NT$1000000 yuan is each advance. If you borrow cash in advance by mobile phone, you need to pay the transfer fee of 30 yuan. Calculate the cash overdraft interest and cash advance, and promote the calculation of the daily total interest rate of 0.0547%, every day, until all the money is received, until the date of the bank.
Improve the flexibility of credit line
If you are a cardholder, apply to the bank to increase the credit limit after at least a period of time due to going abroad or special needs (such as wedding, children, etc.). ), the bank will adjust the original credit limit according to your past credit record. As a temporary increased credit line, revolving credit line cannot be used to pay part of the increased credit line.
Credit card balanced transmission (balanced transmission)
For consumers who often use credit card revolving credit line, the accumulated amount you can go to the bank must be in the bill of applying for credit card loan or credit card compensation. When consumers spend credit card revolving credit line, the bank charges about 20% interest (the bank does not provide credit card revolving credit line because it is a short-term loan with daily interest, which is equivalent to the upper limit of annual interest rate). 14% interest, compared with the gold standard of credit card loans, consumers can save at least about 30% interest expenses.
In addition to saving interest expenses, generally speaking, credit card loans can at least provide consumers with the following benefits:
Consumers who provide new credit card spending power have a revolving credit line with high interest rate and a gold account with low interest rate credit card loans, which is equivalent to credit card spending improving spending power and enjoying it.
Allocation of funds to reduce costs: what is money, not saving money? Using money and borrowing money to get credit card loans from three directions, gold consumers can get a favorable capital cost in the simplest way.
Integrate the management records of the two lines of account revenue and expenditure: consumers can centrally synthesize the sum of financial accounts through the circular credit of some or all outstanding funds of the bank, eliminating the inconvenience of managing and saving finance and multiple credit card accounts that are easy to manage.
Differential sales
The merchant swipes the card for consumption, and the merchant prints out the signature of the authorized cardholder of the two-price bill, and hangs the bill on the acquiring institution to save it for others. For security reasons, cardholders can sign or not sign a blank copy of the total bill in the United States.
Monthly statements, reports (monthly statements),
The issuing bank prints the statement every month and sends it to the cardholder's credit card details, indicating the consumption amount and payment term. The cardholder should first carefully check whether the bill and reservation are consistent with the signing, and if they are inconsistent, notify the bank to suspend payment. After obtaining the cardholder's forgotten signature, the bank will charge the visit signature fee as appropriate. Cardholders should make good use of financial records and consumption statements. If there is any address change, please don't forget to inform the issuing bank to change the billing address in time, so that if one bill is missing, the interest fee will be delayed and the interests will be affected.
After deducting the credit card fee
Merchants accept customers' credit cards, and you need to pay 20% to 30% handling fees from banks and credit card centers. In order to save costs, some manufacturers will be required to pay extra fees to cardholders. Because credit cards must be invoiced, shops can't evade taxes. Cardholders should ask in advance whether the store price tag is an acceptable credit card.
Authorization (authorization)
Generally speaking, after the cardholder's credit card merchants and shops brush the data of the acquiring bank of the cardholder's credit card, it will be transparent for the acquiring institution to confirm whether to accept the transaction. It has the right to ask the cardholder's issuing bank, which will check the card number and credit limit without any problems, and one of the authorization codes represents that the acquiring bank agrees to sign the bill. Later, the store can sign, the card number, the card issuer authorizes to sign the bill, and the buyer charges. The acquiring bank of some electronic credit card machine shops that use manual calls verbally informs the card number and other data, and then obtains authorization.
The credit card was rejected.
This happens when the cardholder's bill is overdue, exceeds the credit limit or makes abnormal transactions. Bank credit lines are usually pre-set and have limited uses to prevent credit card fraud or false transactions. If consumption suddenly increases, or if you buy valuable products that can be realized (such as gold), you will generally ask the bank to confirm the phone number and cardholder. In addition, the transaction cannot be completed due to degaussing, wear and tear of the credit card or network failure. It is best for cardholders to prepare a credit card to reduce the incidence.
Card damaged, degaussing
The magnetic stripe on the back of the card records the cardholder's credit card number and verification, and the bank card reader reads these data to identify whether the transaction can be successfully authorized. If the cardholder accidentally folds into or approaches the magnetic substance, the card reader will not be able to read the contents of the magnetic stripe. You may need to ask the merchant's acquiring bank for manual authorization of the license, or replace it with another normal credit card.
Integral feedback (reward scheme)
This is a feedback activity launched by the issuing bank to encourage cardholders to spend. Basically, it is a fixed percentage of credit card transaction points exchange (a small amount of $25 or $30), which can be used to exchange accumulated gifts. Banks introduced cash bonuses and one thousandth or one hundredth of the credible expenditure set aside from credit card transactions.
Merchant discount (discount)
More active actions will be signed by the issuing bank, and some merchants require these stores to provide additional benefits, such as discounts or full free gifts, as the benefits of exclusive members of bank card holders. Cardholders can get the latest promotion information through member publications or bills.
International call (international call)
VISA/MasterCard and American Express have already provided this service. Cardholders don't need cards or credit cards. They just need to dial the designated number (the telephone numbers in different countries are different), and then follow the prompts to enter the card number. The international telephone password (issuing bank) can be connected to other domestic mobile phones and some services. The price may be higher than that of ordinary home phones, but lower than the change of the use of public phones. Acceptable credit card bills save the trouble of preparing change and traveling abroad.
Travel accident insurance (travel accident insurance)
Card-issuing banks and insurance companies provide cardholders with travel accident protection. Its coverage is limited to public transport paid by credit card, and the policy stipulates that about 30 minutes before taking the vehicle. The amount by the bank's own insurance portfolio, gold than ordinary cards, usually 4? 12.5 million yuan. Cardholders need to have sufficient protection, plus buying a travel accident insurance, and the cost is not high.
Travel inconvenience risks-flight delays and risks
In addition to travel accident insurance, some banks also provide travel delay insurance. As far as this plane is concerned, it has been delayed for more than four hours. If it is cancelled, passengers can apply for compensation for reasonable and necessary expenses, such as hotel accommodation, catering, laundry, tableware and so on. The amount claimed is as high as NT$ 7,000 to NT$ 65,438+00,000.
Travel inconvenience insurance company-luggage delay insurance, loss insurance
Most bank luggage delay insurance and insurance losses, if the cardholder's luggage is delayed for more than 6 hours, or lost, can apply for compensation for the cost of purchasing emergency necessities during the waiting period. The detailed insurance policy shall prevail.
Travel inconvenience insurance-hijacking insurance
Some bank hijacked insurance cardholders can apply for compensation when they are hijacked on the plane. During the hijacking period, NT$ 5,000 is paid every day for less than one day.
Shopping insurance
Include a "minimum guarantee" or loss/damage insurance. "Minimum protection price" refers to the notice that you buy something in one store and find that the purchase price is higher than that in other stores. You can apply to the insurance company for communication. If the purchased goods are damaged or lost due to accidents, you can also claim compensation from the insurance company. Attention, but this kind of insurance has strict regulations and restrictions, and cardholders should pay attention to the details.
Road rescue service (roadside service)
The issuing bank cooperates with the industry to provide cardholders with road rescue services, such as towing, changing water and charging. Some are free, some need to charge a certain annual fee, and banks also charge according to various services, some are free, and some have discounts.
Overseas travel support service
Call the cardholder of the issuing bank directly for overseas emergency help. If the card is lost, issue an emergency new card, medical care, law and consultation? Service.
Zero card loss risk
Some banks offer "risk-free" services. If the credit card is lost, as long as the issuing bank reports the loss as soon as possible and completes the prescribed procedures, the bank will bear all the losses caused by fraudulent use, and it is possible to reissue a new card. Some banks only provide the risk loss reported by Bear 24 hours ago. Some banks hold a fixed deductible, and the excess is borne by the bank.
Visa (visa)
VISA International Organization (VISA International Service Association) is a non-profit global organization. All banks are willing to issue VISA cards. Headquartered in the San Francisco Bay Area, the world is divided into six regions for business services and regional business promotion. VISA International also actively promotes the research and development of plastic currency products, such as smart cards and debit cards. VISA International has 57,50 member organizations, among which the number of VISA credit cards issued by banks has exceeded 65,438+0,500,000 by the end of April.
Mastercard,
MasterCard mastercard international is a non-profit global organization, and all banks are willing to issue MasterCard. Besides providing a global credit card network and clearing mastercard international, we also actively promote plastic currency products, such as debit cards, stored-value chip cards and platinum cards.
JCB card
Japanese brands issue credit cards, VISA and MasterCard merchants, but there are also some high-consumption places with millions, mainly business travelers.
Issuing bank (issuing bank)
Credit cards issued by banks are for consumers. Consumers apply for credit cards at the issuing bank, which has the ability to repay debts and issue credit cards and credit lines according to the income of the applicant. The issuing bank authorizes the merchant to complete or refuse the transaction according to the credit limit of the cardholder, and the foreign exchange issuing bank collects the daily accounts of the bank and clearing at the end of each month, and settles the consumption of the cardholder every month. The exclusive, preferential, cross-industry alliance, mail order, insurance and other activities of excellent card-issuing banks and institutions provide cardholders with more rights and interests.
acquiring bank
The service merchants and shops promoted by acquiring banks accept credit cards as payment tools. After strict investigation, they obtain credit cards from banks and sign contracts with shops to become cash services for merchants and credit cards for a certain fee. Related businesses, including merchant POS terminal, electronic settlement system, EDC and necessary blacklist, and authorize merchants to inquire about the authenticity and effective date of credit. After all the steps are completed, the merchant obtains the correct symbol of the cardholder and completes the transaction. It can be used to write off the cash of credit card receipts held by the acquirer.
Automatic teller machine (ATM) transfer payment
Provide such functions, such as your bank, you can use each bank debit card to pay for ATM debit card, BACS function. Enter the required information (such as bank routing number, ID number or account number and amount) only according to the instructions for issuing bank draft. Most banks will provide $6,543,800+8,000 for transfer fees. Your balance will be transferred before 3:30 pm on non-holidays and will be included in one working day.
Direct payment
If you have the right to directly transfer payment to the issuing bank by filling in the bank account designated by the current issuing bank, the deadline for the payment bank to transfer money to your designated account is 0:00. You should pay for a period of days and deposit the money in your designated debit card account to avoid unsuccessful deduction. If the payment date falls on a holiday, it will be postponed to the debit card of the next business day (except post office).
Omni-directional agent accounts receivable
You can use the credit card bill and a full set of relevant application forms for agent receivables to the designated bank or post office.
Emergency replacement of new cards
When traveling abroad or on business trip, your credit card is stolen or lost, so you need to use it accidentally. If the loss is reported, the issuing bank will apply for an emergency replacement card. The issuing bank will provide this service process together with the foreign card agencies, so that you can continue their journey with peace of mind.
Debit card Debit card (ATM card) is to facilitate consumers to withdraw money from bank deposit accounts through ATM, and to avoid the trouble of withdrawing money from the bank counter of the original branch. Because debit cards withdraw money in the relationship between consumers' accounts and banks' loans, unlike credit cards, their qualifications are limited.
Chip card (chip card)
Also known as electronic wallet, the "chip" on the card. The cardholder takes out some network card chips (this action is called "deposit"). After passing through the bank account of specific machine money, the cardholder can swipe the card at the merchant, the clerk will be transparent, and the chip card reader will take away the chip money without online transaction, which can save transaction costs and restrictions.
Stored value card (stored value card)
Also known as prepaid cards, they are used to pay a small amount of fees and are usually used for public services, such as tickets, telephone cards and industry. Consumers need to buy a certain amount of stored value cards for the first time, so that consumers can pay first and then spend. Stored value cards and chip cards are different from stored value cards. According to industry insiders, it is stored in chips and chip cards.
Debit card (debit card)
It is called a prepaid card, which pays a small fee and is usually used for public services, such as tickets, telephone cards and industry. Consumers need to buy a certain amount of stored value cards first, so that consumers can pay for their consumption first, as well as credit cards. Stored value cards and chip cards are different from stored value cards. According to industry insiders, it is stored in chips and chip cards.
E-commerce (e-commerce)
E-commerce covers a wide range, which refers to trading or exchanging information through the network, such as online shopping, bills and payments of e-commerce companies or an important part of electronic documents and communications. Generally, it can be divided into enterprises (business to business) or business to consumers (business to consumers). With the growth of domestic Internet population, online shopping, credit card payment and consumption patterns are becoming more and more popular. The most common security mechanism SSL has two settings.
SSL (secure socket layer)
Netscape was developed to protect the security of data transmission on the Internet. Using data encryption technology can ensure that data will not be intercepted and eavesdropped on the transmission network. The general specification is 40-bit safety standard, and the United States has introduced a higher safety standard 128, but its export is restricted. As long as version 3.0 or above IE or Netscape Browser can support SSL.
Secure electronic transaction (SET)
Safe and reliable electronic transactions, as a globally recognized security standard for protecting network card transactions, were published by companies such as VISA and mastercard international on February 1996. In addition to data transmission encryption, set up and provide digital authentication "-sub-identity confirmation transaction. This method enables the banking network of merchants and cardholders to conduct electronic transactions in a safer and more reliable way. The specification of SET is free to the public. People who are interested in developing these two softwares with SET.
Electronic wallet (electronic wallet, electronic wallet)
A link in the secure electronic transaction (SET) of electronic wallet is a kind of computer software, which allows consumers to conduct electronic transactions and store transaction records to ensure the security of electronic transactions. When consumers are online, you must first install an electronic wallet that meets the safety standards. The functions of e-wallet can be roughly divided into the following three types:
Electronic certificate management: including the application, storage and deletion of electronic certificates.
Transaction Identification Store Identity: Set up a transaction and send it.
Save transaction records: save each transaction record for future reference.
Electronic certificate (digital certificate)
Electronic certificate can be said to be the core.