1. Credit card refers to a bank card that the issuing bank gives the cardholder a certain credit line, and the cardholder can spend first and then repay. Generally speaking, you can withdraw cash by overdraft. If you have money in a quasi-credit card account, the money will not receive bank interest, that is, credit card deposits will not generate interest.
2. Quasi-credit card refers to a bank card that the cardholder must deposit a certain amount of reserve fund according to the requirements of the issuing bank, and when the balance of the reserve fund account is insufficient, it can be overdrawn within the credit limit stipulated by the issuing bank. Generally, this card cannot be overdrawn for cash withdrawal, but it can be overdrawn for consumption, but there is often no interest-free period after overdraft consumption.
: 1. quasi-credit card: semi-credit card or quasi-credit card: in the traditional sense, quasi-credit card means that the cardholder must first deposit a certain amount of reserve fund according to the requirements of the issuing bank. When the balance of the reserve account is insufficient to pay, it can be overdrawn within the credit line stipulated by the issuing bank, but interest will be charged from the date of overdraft and interest-free period will not be enjoyed. In recent years, some banks have introduced new quasi-credit cards, which not only do not need to pay the reserve fund when applying, but also enjoy the interest-free period like credit cards. This new generation of quasi-credit card combines the advantages of credit card and debit card, which can be used as credit card and enjoy the interest-free period of overdraft, and has many functions of debit card, such as overpayment of interest according to current account, no handling fee for peer deposit and withdrawal, and point-to-point and inter-bank transfer. , similar to an enhanced version of a credit card. This new quasi-credit card is represented by the Great Wall (Global Connect) series of credit cards issued by Bank of China. Although it is nominally a quasi-credit card, it is very different from the traditional quasi-credit card.
2. Credit card: Credit card, also known as credit card, is a credit certificate issued by commercial banks or credit card companies to consumers who meet the credit conditions. It is in the form of a card with the name, expiration date, number and cardholder's name printed on the front, and a magnetic stripe and signature strip printed 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.