There are several types of bank cards.

Bank card refers to a credit payment tool issued by commercial banks (including postal financial institutions) to the society with all or part of the functions of consumer credit, transfer settlement, cash deposit and withdrawal, etc. Usually, the bank card we refer to refers to a savings card, which needs to be deposited before consumption.

2. Debit card

Debit card refers to a credit card that does not have overdraft function and deposits first and then consumes (or withdraws cash). According to different functions, it can be divided into debit card (including savings card), special card and stored value card. Normally, all bank cards you run need deposits and then debit cards.

3. Credit card

Credit card refers to the credit card that the issuing bank gives the cardholder a certain credit limit, and the cardholder can spend first and then repay.

4. Credit card

Credit card is a special card issued by banks or other financial institutions to people with good credit, which is used for shopping and spending at designated merchants or depositing and withdrawing cash at designated banking institutions. It is a special kind of credit certificate.

5. Co-branded cards

Co-branded cards are the subsidiary products of bank cards issued by commercial banks in cooperation with profit/non-profit organizations. There are many common credit card co-branded cards, such as the co-branded cards of major airlines, Wal-Mart card of Bank of Communications and JD.COM Xiaobai card. Generally, there will be more preferential activities when used in joint organizations, which we will talk about step by step in subsequent articles.

6. Special cards

A special card is a debit card that has a special purpose and is used in a specific area. It has the functions of transfer settlement, cash deposit and withdrawal and consumption.

Note: Special uses refer to uses other than department stores, restaurants, restaurants and entertainment industries. For example, an ordinary decoration card will limit the types of merchants, and only merchants within the prescribed scope can spend by credit card.

Refer to Baidu Encyclopedia-Bank Card