What does the stored value card mean?

Question 1: What does a stored-value card mean? Stored value card is a prepaid wallet debit card recognized by the card-issuing bank or other authorized card-issuing enterprises according to the cardholder's requirements, and directly deduct the money from the card during the transaction. This kind of card has a fixed face value and generally cannot be renewed. It is discarded after use. It has the characteristics of anonymity, no loss reporting and no interest, which infringes on the interests of cardholders and has been stopped by the People's Bank of China.

Question 2: What does the stored-value card written on the membership card mean and can be used for recharging? General merchants will promote membership cards. For example, if you charge 100 yuan at a time, you can send it to 20 yuan, that is, the amount in your card is 120 yuan, and you can spend it in a merchant's shop, which is actually another discount method.

Question 3: The stored value card is written on the back of the mobile phone card. What does this mean? Mobile phone cards are prepaid cards, and other cards can be charged monthly or semi-annually.

Question 4: What's the difference between a stored value card and a savings card? Hello:

Stored value cards do not belong to bank cards, while savings cards belong to debit cards.

Debit cards are mainly used for cash deposit and withdrawal, transfer settlement and credit card consumption.

A credit card has a certain credit limit, within which you can overdraw or withdraw money first and then repay it, and enjoy an interest-free repayment period. There is no need to pay interest during the repayment period, and there is no interest on deposits.

Quasi-credit card deposits have interest and can be overdrawn, but they do not enjoy interest-free repayment period, and interest needs to be paid for overdraft.

Take ICBC's bank card as an example. See icbc/card/intro_card.jsp for details.

Question 5: What do you mean by expired stored value cards? Maybe your recharge card expired and you bought a fake recharge card. It is also possible.

Question 6: What kinds of bank cards are there? What's the difference between savings card, credit card and stored value card? Savings card: you can save money, you can spend it by credit card, and you can only use your own savings.

Credit card: you don't need to save money, you can spend it directly and pay back the money monthly. If you don't pay back, the bank will take care of you.

Stored value card: not issued by banks, but generally issued by supermarkets and shops, which is equivalent to cash.

Question 7: What does the stored value card of Cathay Pacific Department Store mean? This is a common stored-value card, which is used for goods that are too thick. You can spend money at any counter, but you can't exchange it for cash. You can check the balance at the cashier of Cathay Pacific Department Store. Most of them should have face value.

Question 8: What does Meituan's stored-value card mean? It means that Cary's money can directly consume the things of Meituan.

Question 9: What does the stored value card written on the membership card mean? You can save money and spend the money on the card.

Question 10: What does a stored-value card mean? Stored value card is a prepaid wallet debit card recognized by the card-issuing bank or other authorized card-issuing enterprises according to the cardholder's requirements, and directly deduct the money from the card during the transaction. This kind of card has a fixed face value and generally cannot be renewed. It is discarded after use. It has the characteristics of anonymity, no loss reporting and no interest, which infringes on the interests of cardholders and has been stopped by the People's Bank of China.