The main purpose of the credit card:

1, direct consumption function. This is the most basic function of a credit card. Cardholders can use cards instead of cash in special merchants marked with Great Wall Credit Card of China Bank, including shops, hotels, restaurants, airports, hospitals and other places.

2. Savings deposit function. The bank will calculate the deposits and reserves in the credit card account according to the stipulated interest rate and regard them as savings deposits.

3. Transfer and settlement functions. With this card, the cardholder can transfer payment from the self-owned account of the banking institution in China.

4.ATM withdrawal function. Cardholders can withdraw cash at China Bank outlets and ATMs in the province.

5. Overdraft function. The cardholder can withdraw and pay the overdraft within the limit allowed by the issuing bank, and charge overdraft interest at the same time.

6. Collection and payment functions. Cardholders can provide services such as paying wages, collecting telephone charges and surfing the Internet for specific units that have signed contracts with banks through Jitong.

Cash withdrawal is an auxiliary use of credit cards. Cardholders can withdraw savings deposits from credit card accounts or borrow cash in advance at the branch counters or ATMs of card issuers. In fact, in foreign countries, card issuers do not encourage cardholders to use credit cards to withdraw cash, especially credit cards.

Extended data:

Credit cards are generally plastic cards with a special carrier, with a length of 85.60 mm, a width of 53.98 mm and a thickness of1mm. The name of the card issuer, the expiration date, the number and the name of the cardholder are printed on the front, and the chip, magnetic stripe and signature strip are printed on the back. Cardholders can use credit cards to shop, spend money and deposit and withdraw cash from banks.

Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when spending, and repays on the bill date.

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. Credit cards generally refer to credit cards.

References:

Baidu encyclopedia-credit card

How can I use a credit card besides swiping it? There are so many uses

Nowadays, more and more people will use credit cards for daily consumption, and when it comes to the use of credit cards, many people will think of spending by swiping their cards. In fact, the use of credit cards is not limited to swiping cards. Let's have a look.

1, scan code payment:

Credit cards are far less widely used than savings cards. Generally, only offline merchants who have installed POS machines can swipe their cards for consumption.

However, with the rise of scanning code payment, many merchants will also apply for Alipay money collection code, or WeChat merchant post, open credit card money collection function, or scan code to pay by credit card.

2. Withdrawal and transfer:

That is to say, the available amount in the credit card is directly transferred to the bank card in my name through the ATM machine or the cash advance function of the credit card. Although this method can temporarily alleviate the problem for cardholders, it is not cost-effective and will bring great repayment pressure to cardholders.

Cash withdrawal by credit card is no longer the minimum monthly repayment amount as before, but the cash withdrawal amount+generated interest+cash withdrawal fee must be paid off in one lump sum after the next credit card bill comes out, and there is only one overdue consequence if there is no repayment.

3. Cash installment:

Although it also involves the cash withdrawal business of credit cards, it is completely different from the second one.

After the cash installment, the money within the credit card limit is also transferred to the savings card, but it is interest-free, and only the handling fee is required for each installment, and the rate is around.

4. Credit loan

For example, China Merchants Bank e-loan, Minsheng Music Staging, CITIC New Express, etc. They are all exclusive cash installment services provided by banks for high-quality credit card holders, with the maximum amount of 300,000 yuan and the longest installment period of 2-3 years. After the application is successful, the money will also be transferred to the debit card and repaid in installments.

Compared with cash installment, the biggest advantage is that the quota is independent and will not occupy the credit card quota. Remember to keep the consumption voucher after successful processing.

Function and use of credit card

Credit cards can help people form good consumption habits, and at the same time, they can also help with financial management. Its main functions and uses are as follows.

First, the role of credit cards:

1. It is convenient for people's life and saves the trouble of carrying cash. In addition, there are no geographical restrictions on the use of credit cards. Whenever you swipe your card anywhere in China, you can swipe it as long as you have a bank logo, and there is no handling fee;

2. Be able to participate in various discount activities in cooperation between merchants and banks;

3. The points earned by credit card spending can be exchanged for gifts;

4. Timely repayment after credit card swiping enhances the credibility of personal banks.

Second, the purpose of the credit card:

1. Shopping consumption.

2. Microfinance.

Save money.

4. Shopping saves money.

5. Value-added services of credit cards to obtain cheap insurance and travel.

6. Credit certificate.

Credit card, also called debit card, is a credit certificate issued by a commercial bank or credit card company to eligible 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 credit card stipulated in the relevant laws of our country (Interpretation of the Provisions of NPC Standing Committee on Credit Cards) refers to the electronic payment card issued by commercial banks or other financial institutions with all or part of the functions of consumer payment, credit loan, transfer settlement, cash deposit and withdrawal, etc. 20 17 12 1 The English Translation and Writing Standard for Public Service was formally implemented, which stipulated that the English name of CreditCard was Credit Card.

Credit card consumption is a non-cash transaction payment method, which does not need to pay cash when spending, and repays on the bill date.

What are the uses and functions of credit cards?

The role of credit cards:

It is convenient for people's lives and saves the trouble of carrying cash. And there are no geographical restrictions on using credit cards. No matter where you swipe your card in China, you can swipe it as long as you have the UnionPay logo, and there is no handling fee.

Be able to participate in various preferential discount activities in cooperation between merchants and banks;

Credit card spending points can be exchanged for gifts;

Timely repayment after swiping the card improves the credibility of personal banks.

The purpose of the credit card:

1. Shopping consumption.

2. Microfinance.

Save money.

4. Shopping saves money.

5. Value-added services of credit cards to obtain cheap insurance and travel.

6. Credit certificate.

Disadvantages of credit cards:

Credit cards don't cost a lot of money like paying cash. Credit card consumption tends to blur the cardholder's concept of money, leading to blind consumption.

If the cardholder fails to repay the loan on time, the bank will charge high interest;

Credit cards are basically password-free by default, so when they are lost or stolen, they are easily stolen by others, causing unnecessary troubles or losses;

Long-term malicious default will naturally affect personal credit records and even be blacklisted by banks. If you want to borrow money from the bank to buy a house and a car in the future, you may be rejected by the bank.

Credit card classification

(a) according to the different card issuers, it can be divided into bank cards and non-bank cards.

(1) bank card. This is a credit card issued by the bank. Cardholders can shop and spend money at the special merchants of the issuing bank, or they can withdraw cash at any time at the outlets of the issuing bank or at places with ATMs.

(2) Non-bank card. This kind of card can be divided into retail credit card and travel entertainment card. Retail credit cards are credit cards issued by commercial organizations, such as department stores and oil companies, which are specially used for shopping in designated stores or filling gas stations. , and settle accounts regularly. Travel and entertainment card is a credit card issued by airlines, travel companies and other service industries, which is used for ticket purchase, dining, accommodation, entertainment and so on.

(2) According to different card issuers, it can be divided into corporate cards and personal cards.

(1) company card. Company cards are issued to various industrial and commercial enterprises, scientific research and education institutions, state party and government organs, armed forces, organizations and other legal person organizations.

(2) Personal card. Personal cards are issued to individual urban and rural residents, including workers, cadres, teachers, scientific and technological workers, self-employed households and other adult urban and rural residents with stable income sources. The personal card is applied in the name of an individual and bears all the responsibilities for its use.

(3) According to the credit status of cardholders, it can be divided into ordinary cards and gold cards.

(1) ordinary card. Ordinary cards are issued to cardholders with average economic strength, credibility and status, and the requirements are not high.

(2) gold card. Gold card is an advanced credit card that pays a high membership fee and enjoys special treatment. Card issuers are institutions with high credit, strong repayment ability, credit or certain social status. The starting point of gold card authorization limit is higher, and the additional service items and scope are wider, so the requirements for related service fees and deposits are higher.

(4) According to different payment methods, credit cards can be divided into debit cards and credit cards.

(1) credit card. That is, when the issuing bank provides bank credit, it overdraws first, and then repays or pays in installments. Most of these cards are used for international circulation. In other words, the way to allow cardholders to pay off their credit card accounts is "consume first, then deposit". At present, most of the cards in circulation in the world are of this kind.

Credit card (2) debit card. It's a credit card issued by the bank. Deposit first and then spend. When applying for a credit card, the cardholder needs to deposit a certain amount of money in the issuing bank in advance as a backup. The cardholder needs to use the card on the basis of the deposit balance, and generally no overdraft is allowed.

Purpose and use of credit card

What is the function of credit card?

1) The most obvious function is overdraft consumption. Having an overdraft credit line can alleviate the urgent need;

2)24-hour convenient withdrawal, eliminating the pain of waiting for withdrawal at the counter.

3) Some banks have introduced preferential measures to avoid annual fees for credit card consumption, but there are no such preferential measures for savings cards;

4.) Spend points for exquisite gifts;

5.) The interest-free consumption period is as long as 56 days (credit card);

6.) It can be used as a registration card for personal online banking;

7) It can be used as a discount card in individual merchants;

8) the convenience of ATM "Kaka transfer";

9.) National access, avoiding carrying a lot of cash;

What are the main uses of credit cards?

Welfare 1: In case of difficulties, you can borrow cash in advance to solve the urgent need. Benefit 2: You can pay by credit card when shopping or partying to avoid the inconvenience caused by change. It is very convenient to sign for consumption. Benefit 3: If you use it well, you can accumulate personal credit records in the People's Bank of China. With a good credit record, you can handle business with banks more conveniently, such as loans. Benefit 4: You can buy goods in installments and spend tomorrow's money to realize today's dreams. Benefit 5: credit card spending has points, which can be exchanged for favorite goods, although it is worthless. Benefit 6: Dual-currency credit cards can support the purchase of goods on foreign websites. There are risks and benefits. I remind you to pay attention to the details of the use of credit cards, such as annual fee, repayment date, credit card information confidentiality and so on. Have a good time with your card.

What's the use of credit cards?

1, consumption in advance, interest-free repayment. The essence of credit card is to let consumers enjoy the treatment of spending in advance, and its basic function is to spend first and then repay. As long as the credit card repays in time within the interest-free period, there is no need to pay interest, which helps to make the liquidity more flexible.

2. Avoid the inconvenience of carrying large sums of money. The convenience of carrying a credit card can avoid the inconvenience of carrying a lot of cash, and keeping it well can also reduce the risk of property loss.

You can also accumulate personal credit by using credit card. After using a credit card, you will have a personal credit record in the bank. Maintaining a good credit record is helpful for individuals to make mortgage and car loans in the future.

Credit card is a good automatic bookkeeping tool. Credit card settlement is often accurate for merchants, so the statement is a very good bill, while the merchant information of debit card bill is generally not so detailed.

It's not only safe and convenient to use credit card when shopping, but also an extra gift.

People who have no economic income, such as students, should not apply for credit cards easily. Even if you don't use a credit card, you have to bear the annual fee and other items. Credit card holders give up the use of credit cards and go through the formalities of card withdrawal in time. Otherwise, the expenditure of credit cards and the interest and late payment fees generated in the later period will lead to personal economic losses and credit reduction, which will affect mortgage and car loans.

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

A credit card is a credit certificate issued by a commercial bank or a credit card company to eligible consumers. 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.

What is the function of credit card?

1, payment settlement

The payment and settlement function of credit card can provide a wide range of settlement services, facilitate cardholders' shopping and consumption activities, reduce the use of cash and money in society, speed up the circulation of money and save social labor.

2. Foreign exchange transfer

The remittance function of credit card is embodied in the process of cardholder's going out for business trip, sales and vacation. In different places or even abroad, funds can be transferred by remittance through the outlets of member institutions of any international credit card organization.

Step 3 Buy on a large scale

As the representatives of all members-all cardholders, card issuers should gain more bargaining power from sellers through correct market forces, so that cardholders can share more negotiation benefits. For example, American Express, Citibank and other institutions generally provide cardholders with additional services such as discounts on credit card consumption and ensuring the lowest price for credit card shopping.

4. Personal credit

Cardholders can accumulate personal credit in financial institutions by using credit cards, and the accumulation of long-term excellent credit will bring many high-value returns to cardholders. Personal credit will involve all aspects of the cardholder's daily economic life.

Step 5 sell on credit

Credit card is essentially a credit purchase and sale certificate, and its operation mode reflects the support of commercial credit or bank credit. In fact, today's credit purchase and sale function of credit cards has changed from the initial commercial credit behavior to the bank credit behavior. The credit purchase and sale of credit cards has changed the traditional mode of consumption payment, expanded the scale of social credit, changed the direct transaction mode of cash on delivery into circuitous transaction, and changed the situation that the actual purchasing power of social money determines the social purchase behavior. Advanced purchasing power and expanded credit scale will inevitably expand the total social demand. In order to ensure the overall balance of the macro-economy, it is necessary to increase the total social supply to adapt to the expanding total social demand, thus promoting social and economic development.

What's the use of credit cards?

Credit cards are very useful:

1, ease the economic pressure.

2. Little or no gratitude.

3. You can add points to your credit information.

4. You can make rational use of rules and activities and receive gifts from banks for free. For example, some banks can receive several thousand yuan of suitcases (new users) for free.

5. Reasonable use of credit cards can establish good consumption habits.

6. Foreign exchange settlement function. In order to facilitate users to shop and spend abroad.

7. Microfinance function. Applying for a small loan with a credit card does not require collateral or guarantee.

Extended data:

The main features of credit cards:

1. Consume first and then repay, enjoy interest-free repayment period, and can repay in installments (minimum repayment amount), and join international credit card organizations such as VISA, MasterCard and JCB for global use.

2. It is one of the fastest developing financial services, and it can replace the traditional cash circulation in a certain range.

3. It has both payment and credit functions. Cardholders can use it to buy goods or enjoy services, and they can also use credit cards to obtain certain loans from card issuers.

4. It can simplify the collection procedure and save social labor.

5. It can reduce the use of cash currency.

6, can provide settlement services, convenient shopping and consumption, enhance the sense of security.

Baidu encyclopedia-credit card

The introduction of the use and usage of credit cards and the pictures of the use and usage of credit cards end here. I wonder if you have found the information you need?