The second type of bank card is very similar to the credit card, which is mainly responsible for daily financing, investment and other consumption. The second type of card is an electronic card. Although it also distributes physical cards, it is not very useful. The capital of the Class II card account comes from the Class I bank account. The difference between the Class II card account and the Class I card account is that the Class II card cannot deposit or withdraw cash and cannot transfer funds to unbound accounts. At the same time, the second class card account has a transfer limit of 10000 yuan per day and 200000 yuan per year.
Debit card refers to the bank card issued by the issuing bank to the cardholder, without credit limit, and the cardholder deposits first and then uses it.
Debit cards are divided into transfer cards, special cards and stored value cards according to their functions. Debit card cannot be overdrawn. The transfer card has the functions of transfer, cash deposit and withdrawal, and consumption. A special card is a debit card used in a specific area for special purposes (other than department stores, catering and entertainment industries). It has the function of transferring and depositing cash. A stored value card is a prepaid wallet debit card that the bank transfers funds to the card for storage according to the requirements of the cardholder, and directly deducts funds from the card during transaction.