What does savings card mean?

Savings card is a card issued by banks to meet the financial needs of customers, also called debit card. Savings cards can be used to make deposits through ATMs, bank counters, the Internet and other channels, and they also support a variety of functions such as card spending, money transfer, ATM cash withdrawals, counter cash withdrawals, and life payments.

Savings card can be divided into one type of card, two types of card, three types of card, the difference between them is mainly as follows:

1. Different functions: Class I cards have the most comprehensive functions and have no limitations in transferring money and withdrawing cash, while Class II and III cards have limitations in these aspects.

(1) Class II cards can only deposit money and cannot withdraw cash. Category 2 cards can make deposits, not cash withdrawals. If you want to withdraw cash, you need to withdraw the account funds to the bound Class 1 card, and then withdraw the cash.

② The transfer of funds from the second class card to the non-binding first class card has a limit, including inward and outward transfers, totaling 10,000 yuan per day and 200,000 yuan per year. If the limit is exceeded can not transfer, the user can only first transfer or transfer to the binding of a class of cards, and then operate; three types of card account balance can not exceed a maximum of 2,000 yuan, a single day in and out of the account can not be more than 2,000 yuan, the annual cumulative in and out of the account can not be more than 50,000 yuan.

2, the card location is different: a class of bank cards can only be handled at the bank branch counter, and must be face-to-face real-name authentication, can not apply for online.

And two, three types of bank cards can be handled in the bank branch, can also be handled online.

3, the number of different cards: generally speaking, the user's ID card can only be in the same bank for 4 savings cards, which can only open a class of cards, the other can only apply for two or three types of cards.

The second and third types of bank cards do not have the number of restrictions, the same bank, you can apply for more than two, three types of cards.

4, the card time is different: two types of cards are issued later than one type of card. We open the first savings card in a bank first for a class of cards, and then for the second and third class cards.

Two types of cards must be built on the basis of a type of card to open a type of card, not open a type of card, you can not apply for two types of cards.