Open credit is a kind of revolving loan, and part of the payment is paid according to the bill mailed regularly.

Letter of credit with monthly repayment of arrears

● Travel and entertainment cards

● Overdraft protection

● Cards and bank cards issued by department stores (including UnionPay, Visa and MasterCard)

Credit business, also known as credit assets or loan business, is the most important asset business of commercial banks. Credit is the main means of profit for commercial banks, because it can recover the principal and interest by lending, and make a profit after deducting the cost.