The difference between the two is that credit card withdrawal can get half of the credit limit, the term is short, and the interest is five ten thousandths a day. Credit cards can be cashed in full, with long term and low interest, which varies according to different loan products.
A: Credit card loans
Literally, it is not difficult to see that credit card loan is based on credit card platform to carry out credit card installment or cash advance business.
It is understood that many banks have launched credit card loans, such as Guangfa Bank, Industrial Bank and China CITIC Bank. However, the maximum loan amount of credit card pre-lending business in different banks is different, generally depending on the cardholder's credit card amount, which generally refers to 90% of the credit card amount, and there are also credit card amounts of 100%.
B: Credit loan
As the name implies, credit loan is a loan fund issued by banks with full trust in the qualifications of borrowers. Its characteristic is that the debtor can get a loan only by his own reputation without providing collateral or third-party guarantee. This has attracted the attention of many young people who do not have much savings.
Features and functions of credit cards
① Credit card is one of the fastest-growing financial services today, and it is an electronic currency that can replace traditional cash circulation in a certain range.
② Credit cards have 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.
Credit card is a high-tech product integrating financial business and computer technology.
Credit cards can reduce the use of cash and money.
⑤ Credit card can provide settlement service, which is convenient for shopping and consumption and enhances the sense of security.
⑥ Credit cards can simplify the collection procedures and save social labor.
⑦ Credit cards can promote commodity sales and social demand.
The difference between credit card center and credit department
The credit card center is responsible for the credit card business.
Credit centers mainly handle loan business.
These two departments have their own functions.
Which is better, a credit card loan or a bank loan?
Whether credit card is cost-effective or bank loan is cost-effective is discussed in different situations. If it is short-term, it is more cost-effective to use a credit card;
If it is a long-term capital demand, it is relatively cost-effective to use bank loans. If the amount of credit card use does not exceed 50% of the fixed amount, it is more cost-effective to use credit card;
It is more cost-effective to use bank loans for large-scale consumption with credit card usage exceeding 50%.
The main features of credit cards:
1. Credit card is one of the fastest-growing financial services, and it can replace the traditional cash circulation in a certain range.
2. Credit card 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;
Credit card is a high-tech product integrating financial business and computer technology.
4. Credit cards can reduce the use of cash and currency;
5. Credit card can provide settlement service, which is convenient for shopping and consumption and enhances the sense of security;
6. Credit cards can simplify the collection procedures and save social labor;
7. Credit cards can promote commodity sales and social needs.
Main types
According to different card issuers, it can be divided into bank cards and non-bank cards.
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.
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.
According to the different issuing banks, it can be divided into corporate cards and personal cards.
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.
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.
According to the credit status of cardholders, it can be divided into ordinary cards and gold cards.
Ordinary card. Ordinary cards are issued to cardholders with average economic strength, credibility and status, and the requirements are not high.
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.
Credit cards can be divided into credit cards and debit cards according to different payment methods.
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 and debit cards. 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.
Can I get a credit card loan?
Credit cards can be used for loans. As long as the lender has good credit standing, stable income and good repayment ability, there is no need to consider other issues.
Credit card loan refers to the overdraft function granted by the bank to the cardholder within a certain amount, which turns the consumer loan function of credit card into unsecured, and is actually a credit card-to-loan business.
After the credit card application is approved, the bank will transfer part or all of the amount in the credit card to the debit card and repay it according to the repayment period agreed with the bank before. This kind of loan can apply for a loan amount ranging from 5000 to 200000.
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? . 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.
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.
From the date of 202 1 1 1, the credit card overdraft interest rate is determined by the card issuer and the cardholder through independent negotiation, and the upper and lower limit management of the credit card overdraft interest rate is cancelled (the original upper limit is 0.7 times of the daily interest rate, and the lower limit is 0.7 times of the daily interest rate).
On May 25th, 2002/KLOC-0, the Supreme People promulgated and implemented the Provisions of the Supreme People on Several Issues Concerning the Trial of Civil Cases of Bank Cards.
main feature
① Credit card is one of the fastest-growing financial services, and it can replace the traditional cash circulation in a certain range;
② Credit cards have 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;
Credit card is a high-tech product integrating financial business and computer technology.
Credit card can reduce the use of cash and currency;
⑤ Credit card can provide settlement service, which is convenient for shopping and consumption and enhances the sense of security;
⑥ Credit card can simplify the collection procedures and save social labor;
⑦ Credit cards can promote commodity sales and social demand.
This concludes the introduction of credit cards and the differences between credit cards and credit cards. I wonder if you have found the information you need?