What is a Class 1 card and what is a Class 2 card?

A class of cards. It is a debit card, which is mainly used for cash deposits, financial management, transfers, bills, payments, etc. Class II card.

It is mainly used for daily expenses or financial management and investment.

The main differences between Class 1 and Class II cards are as follows:

1. The first difference is that the account types are different, and the first type of card belongs to the settlement account; Type 2 cards are non-settlement accounts.

2. The second difference is that the limit is different, and there is no payment limit for a type of card; The payment limit for Class II cards is 10,000 yuan per day and 200,000 yuan per year.

3. The third difference is that one type of card has a physical card; There is no physical card for Class II cards.

4. The fourth difference is that the scope of functions is different, and a type of card can provide full-featured services; The second type of card mainly provides payment and financial services.

5. The fifth difference is that the use of functions is different, a type of card can be used to deposit and withdraw cash, transfer, payment, payment, etc.; Type II cards are mainly used for deposits and the purchase of financial products.

According to the Measures for the Administration of Bank Cards.

According to the regulations, the regulator requires that from December 1, 2016, the same person can only open one type 1 bank card account in each bank; If you have already applied for a debit card.

will not add a new type of card in the future, and can only apply for a second-class card in the future, but it can be upgraded or downgraded.

The difference between Class I card and Class II card is mainly manifested in the fact that the bank limit is different.

That is, a type of account can be used for large deposits, withdrawals, transfers, consumption payments, purchase of investment and wealth management products, etc., and the scope and amount of use are not limited; The cumulative daily deposit and withdrawal limit of the second-class account is 10,000, and the annual limit is not more than 200,000.

For example, if you use a Type 1 card, there are no restrictions on deposits and withdrawals; If you use a Class II card, if you withdraw 5,000 yuan on the same day, you can use it to transfer money on the same day, and the cash withdrawal will only be 5,000 yuan, because it calculates the cumulative amount.

According to the relevant regulations, each person can only apply for four savings cards in each bank, of which only one first-class account can be opened, and three second-class accounts can be opened, but the first- and second-class cards can be upgraded or upgraded.

Individuals can only have one type of account in the same bank, which can be upgraded directly at the bank, which refers to accounts opened through traditional bank counters that meet all the strict requirements of the real-name system. Simply put, it's a debit card or debit card that you have in your hand. Its functions include deposits, purchase of wealth management products, cash withdrawals, transfers, consumption, and bill payments.

Class accounts cannot deposit or withdraw cash or transfer money to unbound accounts, and the daily payment limit for such accounts is 10,000 yuan. This is the case, for example, with credit cards.

Class accounts are mainly used for quick payment, such as quickpass, password-free payment, etc., which can only handle small-amount consumption and payment, and cannot handle other businesses, and the balance in the household does not exceed 1,000 yuan. Neither class nor class account has a physical card. The limit of class and class accounts is mainly to effectively control the risk of customer funds.

A class of cards is better.

The differences are as follows: 1. Functions: A type of account can handle deposits, transfers, consumption payments, purchase investment and wealth management products, cash withdrawals and other businesses; The second-type account can handle deposits, purchase investment and wealth management products and other financial products, but cannot deposit or withdraw cash or transfer money to unbound accounts;

2. Limit: There is no restriction on the scope and amount of use of the first-class account, while the single-day payment limit of the second-class account is 10,000 yuan;

3. How many accounts can be handled: the first type of account can only handle one account, while the second type of account can handle multiple accounts;

4. Whether there is a physical card: The first type of account has a physical card, while the second type of account does not have a physical card.

Extended information: Quasi-accounts generally refer to the debit cards that we commonly use now; You can deposit and withdraw cash, manage money, transfer, pay bills, pay fees, etc., and there is no limit on the amount of use.

It is similar to a credit card, which is mainly responsible for daily expenses, or financial management, investment, etc.; The funds of the class account are in the class of accounts, including accounts opened in direct banks and Internet banks such as WeBank, etc., and the class accounts can handle deposits, purchase bank investment and wealth management products, and pay consumption bills. However, the biggest difference with the class account is that the class cannot deposit or withdraw cash or transfer money to an unbound account. At the same time, there is a limit of 10,000 yuan per day for the transfer of the second-class bank card account, and a limit of 200,000 yuan for the annual transfer.

The account is a small-value online payment business, similar to WeChat wallet, which is suitable for high-frequency small-value mobile payment. Household accounts are mainly used for small payments such as online payment and offline mobile phone payment, and can handle consumption payment. The biggest difference with the class of households is that the class of households can only handle small consumption and payment, and are not allowed to handle other businesses.

Since December 1, 2016, the central bank has stipulated that each commercial bank is only allowed to open one type of settlement account for the same customer, and other new settlement accounts can only be opened.

Type 2 and 3 accounts. Since 2017, banks have gradually rolled out systems to adapt to the new regulations. Therefore, when you go to the bank to apply for a card, the most common sentence you hear is "You have opened our bank's card before, but now you can only open a second-class card, is your original card still in use?"

Do I need to cancel it?

To put it simply, before the new regulations were introduced, all the bank cards and passbooks we used before belonged to a class of accounts, and the bank cards of them were generally called a class of cards. The so-called Class 1 card is a card that has no restrictions on transfer transactions and consumption, and can be used at will. To put it bluntly, as long as you have money, you can save as much as you want into the card, withdraw as much as you want, and spend your own money, no one cares.

So what is a Class II card?

To put it simply, a Class II card is a card that regulates the upper limit of transactions and has a limit on transactions. The cumulative upper limit of the daily transfer in and out of the second type card is 10,000 yuan, and the cumulative upper limit of the annual transfer in and out is 200,000 yuan. In other words, even if it is the money in your own card, it is impossible for you to withdraw 20,000 yuan at one time, you can only withdraw 10,000 yuan a day in two days.

1. The functions of the two are not the same.

The first type of bank card is a bank card with no restrictions, which is a full-featured bank card. The second-class bank card restricts some functions, and the second-type bank card carries out the business of limited consumption, limited payment, and limited transfer of funds to non-bound accounts.

2. The amount of deposit and withdrawal is different.

There is no restriction on the scope and amount of use of the first-class bank card, and the cumulative daily limit of the second-class bank card for transferring funds and depositing cash is 10,000 yuan, and the annual cumulative limit is 200,000 yuan.

3. The number of accounts handled is different.

The first type of bank card can only handle one account and the first type of bank card has a physical card, and the second type of bank card can handle multiple accounts and can apply for a physical card according to the need, that is to say, there can be no physical card.

4. The way to open an account is different.

What is the difference between ICBC Class I card and Class II card?

1. The functions applicable to the two are different:

The first-class card is generally used for salary deposits, cash deposits and withdrawals, large-amount transfers, large-amount consumption, purchase of investment and wealth management products, public utility payments, etc.;

The second type of card is generally used for personal daily consumption, online shopping, online payment, and purchase of investment and wealth management products of banks.

2. The amount of funds at the disposal of the two is different

The first type of card has a large amount of funds and is suitable for large-amount payments;

The second type of card has a smaller amount of funds and is suitable for small payments.

3. The security of the two is different:

Class 1 cards have low security risks;

Class II cards have higher security risks.

4. The two are different from each other

The first type of card is less convenient;

The second type of card is more convenient.

5. The number of cards that can be applied for is different

A type of card can only be applied for in the same bank;

There is no more than five Category II cards in the same bank.

1. Different functions:

The first type of card is a full-featured account, and any function is not restricted;

The second type of card is a restricted function account, with a limit for consumption, a limit for payment, and a limit for transferring funds to an unbound account.

2. The cash deposit limit is different

There is no restriction on the scope and amount of use of the first type of card.

The cumulative daily limit of transferring funds and depositing cash in the second-class card is 10,000 yuan, and the annual cumulative limit is 200,000 yuan.

3. The limits of consumption, payment, transfer out and withdrawal of cash are different

The daily cumulative limit of Class 1 cards is greater than that of Class 2 cards, and there is no annual cumulative limit;

The cumulative daily limit of the second-class card is 10,000 yuan, and the annual cumulative limit is 200,000 yuan.

1. Differences in content:

A type of card generally refers to a debit card that is commonly used nowadays, which can deposit and withdraw cash, manage money, transfer money, pay bills, pay fees, etc., and is not limited by the amount when used.

2. The difference between the application methods:

The funds of the second type of account are the first type of account, including the accounts opened in direct banks and Internet banks such as WeBank, etc., and the second type of account can handle deposits, purchase bank investment and wealth management products, consumption payments, etc.

However, the biggest difference with the Class 1 account is that the Class cannot deposit or withdraw cash or transfer money to an unbound account. At the same time, there is a daily transfer limit of 10,000 yuan for the second-class bank card account and a limit of 200,000 yuan for annual transfers.

What is the difference between ICBC Class I card and Class II card?

If you open an account for the first time in the Agricultural Bank of China, it should be a type of card.

If it's a Class II card.

That's when you've already had a card before.

The differences between ABC Type 1 card and Type 2 card are as follows:

1.Quota: The daily limit of the second-class card is 10,000 yuan, and the annual limit is 200,000 yuan, that is, the second-class card has a clear limit on the amount of blindness, and there is no way to use it if the limit is exceeded, but there is no limit on the amount of the first-class card.

In addition, the second type of card cannot transfer money to an unbound account, and is generally used for financial management or investment.

2.In terms of the number of applications: the first type of card can only be handled once, and the second type of card has no clear limit on the number of cards handled, but one ID card.

Get a savings card at the same bank.

It cannot exceed 4, that is to say, the second type of card can handle up to 4, which is on the premise of not handling other types of cards.

3.Authority: The authority of a type of card issued by the bank is the highest, and various services can be opened, such as binding various third-party services, and a type of card can also be used for cash deposit and withdrawal, financial management, transfer, payment, payment, etc.

If the user does not know which category the savings card in his hand belongs to, he can call ** to consult.

4.Handling conditions: a type of account must be handled in the counter, is the actual bank card, two or three types of accounts can be opened online through binding to open an account, of course, in the counter Mo Wang Tai can also handle the second type of card.

The one-foot upgrade card is a full-featured account, and any function is not restricted; The second type of card is a limited function account, with a limit for consumption, a limit for payment, and a limit for transferring funds to a non-tied Xiaoshanding account.

There is no limit on the use of Class I accounts, while there is a limit on the use of Class II accounts, with a daily cumulative limit of 10,000 and an annual cumulative limit of 200,000. The first type of account can only be opened by the person with his or her identity document at the bank's outlets, while the Erling Feng account can be opened directly through online banking, mobile banking and other channels.

The card handled before the new regulations appeared was a type of card, and there was no restriction on the transfer and consumption of a type of card. The second type of card belongs to the sub-account of the first type of card, which has strict control over the transaction, and the daily upper limit of transfer is 10,000 yuan. The annual limit is 200,000 rough concessions.

The main purpose of the bank to launch this type of card is to crack down on telecom fraud, that is, to allow customers to consume in daily life, especially when binding third-party financial software, use these small accounts, the amount of 10,000 yuan is enough to meet the daily consumption needs of the stool, once encountered telecom fraud, or encounter an accident such as a virus, due to the limit of the loss can also be controlled in a small range. It is important to note that the Type II card also has a form of virtual account, which cannot deposit or withdraw cash or transfer money to an unbonded account.

In addition, there are three types of cards, which are specially used for small consumption cards, and limit the maximum deficit balance in the card, which can be used to bind some third-party payment tools when usually used, and can only be used for small consumption and payment, and the maximum amount under normal circumstances is not more than 1000 yuan. This kind of card is mainly to prevent people from stealing, and it can also reduce the loss caused by mobile phone payment errors.