【-Feature 】 now most people will have a debit card features are known collectively as the "credit card". In fact in charge of the period after payment and payment of the amount of provisions can be divided into "charge card" (Charge Card) and "credit card" (Credit Card). The nature of the former for travel and entertainment card, usually issued by exclusive units, the current common charge card has the United States express card (American Express), the United States express company exclusive release, is the diner's Club card (Diners Club), issued by Citibank debit card is not grace (Grace Period), that is to receive the bill payment is required immediately after, not credit, not cumulative balance, there is no minimum amounts, therefore no credit line limit.
As for credit cards, Visa and MasterCard and Discover Card as representative, the former two essence is a bank card (Bank Card), the nature of the Visa and MasterCard company Department authorized the Bank to provide a small amount of unsecured personal loans, in a specific period of amortization of bank guarantees, unsecured loan, the loan interest rate than the average bank lending rates. Along with the credit limit and the minimum amount of the reimbursement should be to avoid excessive consumer owed. While the Discover Card is issued by Sears Holdings of credit card, which has the General credit card bank card, while its turnover to expand and encourage stores to accept, to the right sellers obtain service generally better than Visa and MasterCard lower current in the credit card market.
In addition to issuing institutions differ, the same credit card issuing bank will credit card depending on the issue of credit line is divided into different levels, and generally can be divided into Platinum, gold or classic card. General Platinum holder is a great entrepreneur, swell or celebrities, thus holding the rate is not widespread. At the same time, the issuance of a Platinum banking and financial institutions is limited. Gold card is usually required to pay a higher annual fee, the amount of approximately $ 50 to 90, typically require higher qualifications. But in recent years, the credit card market is growing, any card issuers are not exclusively market-others, so the demands of the object has been relaxed. In the United States express, for example, any consumers hold the normal card after a certain period, usually for self-service application for converting the gold card. Only gold is generally required to pay annual fees compared with ordinary card, but also to enjoy a relatively high credit limit and more services and insurance limit. As for a normal card general annual fee mostly around US $ 20, but recently there are many issue life no annual fee or first year no annual fee credit card for consumers. At the beginning of the holders of ordinary card, the credit limit based on the amount of credit, income, then the apparent consumption and needs to increase.
Also some services to stimulate consumers ' desire to increase their buying power and has its own credit Department publishes its store exclusive of credit card. Its characteristic is no annual fee, and the shop use only. The current release of such credit card industry has petrol companies such as Exxon, Amoco; Goodyear Tire company and Firest one. But the most common to a department store. To encourage the consumer application, Department stores often to shop the mouth has a counter, accepted a job, and give practical day-to-day supplies to the applicant, and from time to time there are a variety of discount or rebate promotional activities, specified as the cardholder only. Because you can use the location is not widespread and sustained the General credit card function, so applications more easily, no credit record, can also be regarded as a way of getting started. 【】
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