Credit cards only know the card number and password, but there is no real card. Can I spend it?

Divided into the following situations:

1. If you spend money on a POS machine, you can't use a credit card if you only know the card number and password.

2. If you spend online, only the credit card number and password can't be used.

3. Shopping by credit card on domestic websites requires information such as card number, security code, password, cardholder's name and ID number. When paying, you also need to enter the check code received by the reserved mobile phone number of the credit card to confirm that it is my transaction.

4. If you use a credit card to spend money on foreign shopping websites, you can't use the credit card only by the card number and password. When using credit card to pay in foreign shopping websites, you need the card number and security code of the credit card. You can't spend money without the security code.

Extended data:

Misunderstanding of credit card use:

1, Q: I can get a loan by credit card. My income is very low, so applying for a credit card helps me a lot.

A: No, the target customers of bank credit cards are high-end income groups. As can be seen from the above characteristics, credit cards are more convenient than saving money. Not only do you have to pay an annual fee to use a credit card, but once you miss the repayment time, the penalty interest is very high.

2. Q: Credit cards have a minimum repayment amount, so when I borrow a lot of money and still can't pay it back, I just need to pay the minimum repayment amount.

A: Wrong. Paying the minimum amount is just the bottom line for the bank not to sue you, but you need to pay interest. Credit card interest is calculated by the day, and it is rolling interest, which is higher than ordinary loan interest.

It is necessary to distinguish between installment payment and minimum monthly repayment. The annual interest rate of installment payment or commercial loan is about 5%, and the special goods will be lower. Only the minimum amount, annual interest 18% or more.

Q: Credit cards can be overdrawn for cash withdrawal, so I can withdraw some cash for emergencies, which is very convenient for me.

A: Correct. However, the cash withdrawal interest is also calculated on a daily basis, and there is no interest-free period. The interest is calculated from the day of cash withdrawal, and the interest is also calculated on a daily basis, which is so high as to miss the penalty interest on the repayment date. However, it is recommended to deposit a small amount of assets in the credit card in case of emergency, because the funds in the credit card have no current interest.

What's more, many bank credit cards, even if you have cash in your card, still have to charge a handling fee. So you'd better take a bank savings card with you and leave some cash in it. There are few places where large amounts of cash are spent, and credit cards can usually be used for spending, and credit cards have interest-free periods.

Q: I don't remember how much money I borrowed this month. It's probably a number Even if it is not enough, it is only a small difference, and the interest will not be much.

A: Wrong. If there is no full repayment in the final repayment period, if it is not within the repayment tolerance, the bank will also recover all the interest of the "interest-free period".

For example, the 5th of each month is the final repayment date. On the 6th of last month, you borrowed 10000, and on the last repayment date, you only paid back 9,990. Then, on the next final repayment date, you have to pay one month's interest 10000 yuan-about 150 yuan, and you still owe 65438 yuan.

5. Q: I can borrow money and pay back the money with a credit card, and borrow new debt to pay back the old debt, so I can never pay back the money.

A: Wrong. First of all, credit cards can't be withdrawn without interest, so it's hard for you to find a place where you can spend money by credit card and cooperate with you in counterfeiting. Secondly, although you borrow money every month, the only money really available is the first month. That is, the maximum amount that the bank gives you.

In the end, you always have to pay back the money in the end, which actually only saves the interest on the first month loan. This kind of interest is not much. You are busy with this every month, which is not necessarily worth it. And once you forget the operation in a certain month, or the penalty interest caused by the operation failure will far exceed the interest you save.

Baidu encyclopedia-credit card