The Difference between Credit and Debit Cards You Need to Know

The difference between credit and debit cards is quite clear in many ways. One of them is the difference according to its features. Because of different features, the purpose of use is different.

Unfortunately, there are still those who do not know the difference between the two transaction cards. As a result, that person cannot maximize the benefits of their credit and debit cards.

As a transaction tool, credit and debit cards have the same function, namely to make payments in non-cash. Instead of the hassle of carrying cash everywhere, it’s simpler to just pocket a credit or debit card in your wallet.

Transaction validation is also similar, using a personal identification number (PIN). Indeed, there are still those who use signatures. But this mechanism is not recommended because it is prone to be abused.

But there are more differences between credit and debit cards than the similarities. The following are:


Credit card

  • Credit cards are cards that can be used to pay for transactions by credit. Later, the bill for the transaction comes in a certain period and must be paid.
  • No account is required at the card issuing bank, because the source of funds is not taken from the account. But usually credit card applications are more likely to be granted if they have savings at a related bank.
  • Banks set a number of special conditions for issuing credit cards. Cream Bank can issue various types of credit cards. The requirements for each type are different.
  • Although there are no sources of funds, there are credit card limit provisions as limits for their use. If the limit has been reached, the card cannot be used for transactions, or can be used but there are overlimit fees.
  • Credit card owners must pay an annual fee. Usually contributions are free for the first year. But there are also credit cards that are free of annual fees forever.
  • Credit cards can be used to pay for online transactions using the three digit number code on the back of the card. There are no internet banking or mobile banking features for online transactions.
  • Withdraw cash using a credit card at an ATM machine, but there are additional fees. These fees vary depending on the card issuing bank.
  • There is interest to be paid if you don’t pay your bills on time or use them to pay in installments.
  • There are benefits in the form of installments with 0 percent interest, points that can be exchanged with prizes, up to cashback on each transaction
  • Can be used to transact abroad in accordance with the card network


Debit Card

Debit Card

  • Debit cards are cards issued by banks as a complement to savings accounts. Each savings is generally accompanied by a debit card for the transaction.
  • The source of debit card funds is the savings account associated with the card.
  • Debit card issuance requirements only have savings in the relevant bank.
  • Limit transactions using a debit card is the nominal funds in savings. If the funds run out, the card can no longer be used.
  • There is no annual fee, but there are administrative costs that are charged every month for the ownership of savings.
  • There are several debit cards that can be used to shop online like a credit card. But most still can’t.
  • General benefits are only in the form of discounts on transactions using a debit card


Credit Card vs. Debit Card

Credit Card vs.  Debit Card

Seeing the difference between credit and debit cards above, you can find the advantages and disadvantages of each. Different features are determinants of these advantages and disadvantages.

In general, the advantage of credit cards is that they can be used for transactions easily, especially for online shopping. In addition, profits on transactions, from 0 percent installments to cashback, can be used for budget planning.

But the drawback is that it is prone to be abused by irresponsible users. Abuse, for example, originating from transactions without thinking about bills or negligent bills, can lead to accumulated debt.

While the advantage of debit cards is that their use is safer from debt risk because the source of funds is a savings account. In addition, there are no various fees or fees that can be a burden. The shortage of a debit card is that the transactions are more limited in accordance with the savings balance.


Speaking of card security, the two are not too different

credit  security, the two are not too different

There is a threat of skimming to fraud. Potential losses depend on savings balances and credit card limits. The more balances and limits, the greater the loss can be.

From there it can be concluded that the most important difference between credit and debit cards is their intended use. Credit cards can be used for more things and demand higher responsibilities to pay bills.

While the use of debit cards is more limited. But there are no demands or burdens to pay bills later on because the transaction is completed right then and there.

The good, that’s why credit and debit cards can be owned simultaneously. Depending on the situation and conditions, you can use a credit or debit card for different purposes.

Apply for your real estate loan – who will support you in buying your home with a loan

Buying a property is associated with high costs. Equity is just as helpful here as a good Credit Bureau score. However, the Credit Bureau score can change quickly. Even little things are enough here. Whether a real estate loan is then possible despite Credit Bureau depends on the lender. With the right financing partner, there is an option. As a credit broker, Infra Bank offers you a good point of contact when looking for a real estate loan despite Credit Bureau.

Free credit request With a net loan of $ 4,000 and a loan of 72 months, 2/3 of the new customers receive in advance. an eff. Interest rate pa of 7.9% or less (born debit rate 6.45% pa) Important: In your own interest, please do not make any further credit inquiries, as multiple inquiries (also from other providers) can lead to irritation and the blocking periods can be imposed by the banks in question.

Real estate loan despite Credit Bureau with Infra Bank

Real estate loan despite Credit Bureau with Infra Bank

Have you found a suitable property or a plot of land on which you want to build? A real estate loan is often the basis for being able to acquire property. However, a home loan is not always quickly and easily made available to you as a borrower. Maybe you don’t have a home savings contract as security. The remaining debt may still be outstanding from an old instant loan. Or you need follow-up financing, but were unable to service some installments – these are the points that a lender can see in Credit Bureau, but a real estate loan despite Credit Bureau can solve your problems. However, not every lender makes this available.

With Infra Bank you can apply for a real estate loan despite Credit Bureau and let us provide you with various offers. For you, this has the advantage that a comparison is possible and the best solution can be found. We would also be happy to provide you with direct advice on the offers.

So you benefit from a real estate loan despite Credit Bureau from Infra Bank

So you benefit from a real estate loan despite Credit Bureau from Infra Bank

Infra Bank can help you find a home loan without Credit Bureau. As a credit broker, we have been active on the market for a long time and have built up a very extensive network of financing partners in this context. Finding a good real estate loan is always a challenge. But what if your Credit Bureau score is not optimal? Small problems are often enough to get an entry in the Credit Bureau.

There may have been a time when you overdrawn your checking account. Maybe you also have a remaining debt from a credit facility. Unpaid contracts are also common. If you now think that a home loan is not possible despite Credit Bureau, you can breathe a sigh of relief.

With Infra Bank you have a reliable credit broker at your side. In most cases, we will find a suitable partner for you as a borrower, who will support you in buying your home with a loan. How the loan amount for the house financing is composed is entirely individual.

Infra Bank focuses on particularly fast processing. It is important to us that you can access your money here within a very short period of time – even if you are aiming for building finance without Credit Bureau.

When is the real estate loan paid out without Credit Bureau?

When is the real estate loan paid out without Credit Bureau?

Sometimes it has to be fast. Perhaps the perfect property is currently for sale and you want to access it. You may also need the right loan for rescheduling or follow-up financing. Sometimes it also has to be quick here. That is why we at Infra Bank work with short distances. You can easily submit your application online. After we have checked it, we will forward it directly. If something is still missing, we will let you know.

Check the offers that are received for your real estate loan despite Credit Bureau and see which variant is optimal for you. The legitimation is then carried out. What used to be done via PostIdent is now also possible quickly and easily with VideoIdent with Infra Bank. Just have a device with a camera and an ID ready. After the legitimation has been carried out, everything is almost done. Your building loan will then simply be transferred to your account.

What exactly does the real estate loan without Credit Bureau mean?

What exactly does the real estate loan without Credit Bureau mean?

Credit Bureau is still an important contact point for lenders. Here banks get insight into your solvency and possible payment defaults from the past. This doesn’t just apply to loans. Other contracts, such as a cell phone contract, are also noted in the Credit Bureau. The Credit Bureau score is strongly influenced by your reliability in payment. If there is or was a personal bankruptcy, this can also be seen here. In these cases, it is difficult to get a home loan or get a home purchase loan.

Infra Bank is one of the largest German credit intermediaries. We have an extensive network of financing partners and can help you get a real estate loan despite Credit Bureau. This does not mean that no queries will be asked for your installment loan. But even if your score is not optimal, lending can still take place.

Some of our partner banks support your construction project or buying a house without Credit Bureau, so we at Infra Bank can offer you a solution and help you to implement your loan request at fair interest.

We are happy to answer any questions you may have about real estate loans despite Credit Bureau or a modernization loan for your home.

What kind of offers do I get?

What kind of offers do I get?

You only get offers from us that are actually made available to you. It is possible that the information on the rate fixation and the interest rate from the loan calculator was a little different. This then has to do with the fact that it is now a real estate loan without Credit Bureau. Here, the borrowing rate or the amount of the interest can vary. All offers are based on the pricing regulation. This contains the requirements that you have to be informed about all costs.

Therefore, in the offers you will find the loan amount for your loan contract, possible preliminary costs, effective annual interest and other processing costs. Here is also noted how it looks with the remaining debt, special repayments and prepayment penalties.

Infra Bank will also be happy to help you choose your loan contract and help you find out which offer is really suitable for you as a borrower as a real estate loan.

4 Effective Tricks to Get Lite Lending Credit Card Applications Approved

Aside from melting the crush, the most difficult thing in life is probably the Lite Lending credit card application. Among the many banks that offer credit cards, Lite Lending seems to be the most challenging to conquer. Lite Lending credit cards are known to provide lots of promotions. From point rewards to discounts at various merchants. Not to mention the 0 percent installment facility that makes spending more awake. Or free annual fees.

But a line of credit card benefits is worth the effort to get it. In some online conversation forums, Lite Lending credit cards are often discussed as the most difficult credit cards to approve.

Maybe there will be no further discussion if only a handful of people experience rejection. The problem is, not only one or two people whose applications have been rejected.


Credit card applications being rejected is bad credit history scores

Credit card applications being rejected is bad credit history scores

If you ever or even still have a lot of debt and arrears, it is impossible for credit card applications to be accepted. But what the people who rejected the Lite Lending credit card application complained about wasn’t Cream Bank checking.

It could be that Lite Lending does have strict standards in granting credit card applications. That’s a natural thing, because banks don’t want to be bothered by bad credit problems because credit card bills don’t pay.

Among the many complaints, some are offering tricks to get the Lite Lending credit card application approved. The following are:

1. Having an account is not enough

credit account is not enough

Many said that they had to have an account at Lite Lending so that the credit card application was approved. That’s true, but apparently not enough. The account must be filled with money. Some say in the account there are at least $3 million in funds.

The size may depend on the type of credit card applied. The greater the limit and card facilities, the greater the funds that must be saved. These funds must be kept intact throughout the application process. If the application is approved, then it can be withdrawn.

A more effective way is to create a deposit account at Lite Lending. With deposits, if other conditions are met, nearly 100 percent of Lite Lending credit card applications are approved.


2. Look for the right one

credit loans

There are several types of Lite Lending credit cards. Each card has different requirements and facilities. Applications can be rejected because the targeted credit card does not match your financial profile.

For example apply a Lite Lending Mastercard Black credit card that sets minimum income requirements of USD 10 million per month. But your salary is only USD 7 million. Of course the application will be rejected.

Find the most appropriate credit card by examining the details of each card. See what is the minimum income to get it, also your domicile. Because, some areas are not reached by Lite Lending surveyors who will come to verify the data you have provided.


3. Apply another card first

Apply credit

Those who already have a credit card will be easier to get another credit card. This applies not only at Lite Lending.

With a credit card, the bank can directly examine your billing history. The possibility of your application to be approved is greater if there are no problems in paying credit card bills that you already hold. Lite Lending credit analyst officers are also easier to believe because you are also trusted by other bank analysts. So, if you want to apply for a Lite Lending credit card, try applying another credit card that is easier first.

One example is the Best Bank credit card. Visit the nearest Carrefour outlet with your personal data. The process of the famous Mega credit card application is very easy. After all, there is a 10 percent discount for shopping at Carrefour using a credit card from the Trans Corp group.


4. Use third party services

4. Use third party services

Have you ever noticed someone wearing a Lite Lending uniform holding a brochure at Lite Lending ATM outlets in major malls? They are Lite Lending credit card sales. You can try using their services to enter the application.

Opportunities for applications are greater because they have direct access to the bank, and they are burdened with targets to get credit card customers. The more customers they recruit, the greater their commissions. Then they will fight to guard the application until it is approved.

But be careful when using this trick. The Republic of Indonesia Police have appealed not to give an identity when applying for a credit card at the mall. Because, that data can be misused. Make sure the officer is really a Lite Lending employee. Ask him to show the employee card and photo as proof.

A safer trick in terms of third party services is to use a financial services comparison site in collaboration with banks, including Lite Lending. These sites provide detailed information about the requirements for the best credit card application to tips for application approval.

3 Ways to Activate a Bank-Blocked Credit Card

Is there a way to activate credit cards that are blocked by banks? Because of forgotten activation, Tiwi’s new credit card is automatically blocked by the bank. The reason is, banks have provisions related to the activation period for new credit cards. Usually, it starts from 3-6 months. If the activation period is past, the credit card will immediately be deactivated by the bank.

Blocking is certainly done by banks for security reasons, which can also protect you as a customer. But, what if you need to use a credit card, while the credit card status is inactive or blocked?


How to activate a blocked or inactive credit card

How to activate a blocked or inactive credit card

Previously, please note that there are two types of credit card blocking, namely permanent and temporary blocking.

Blocking a permanent credit card is usually caused by a customer’s request or bank policy when the customer is in arrears for more than three months. Meanwhile, temporary blocking often occurs when customers enter credit card pins incorrectly.

In a permanent block, physical credit cards can no longer be used. That is, customers cannot use the same physical credit card again.

Unlike the temporary block which can still be activated within 1×24 hours. But, if the customer does not activate more than 1×24 hours, the credit card will be permanently blocked.

Even so, there are still ways to activate a blocked credit card without the need to apply for a new credit card. Check out the following stages:


1. Contact the call center of the credit card issuing bank

As mentioned above, you can still activate a credit card that is temporarily blocked. To do this, contact the relevant bank call center within 1×24 hours. This is a list of bank call centers in Indonesia that you can contact anytime, anywhere.

Create a permanent credit card blocking, you can contact the call center of the credit card issuing bank. The goal is to ask for a new credit card replacement. Later, the bank will ask for personal information, such as KTP number, date of birth, and so on.

Especially for Good Lenders credit card holders, you do not need to contact the call center. Because, the bank will automatically send credit card replacements to the same address in accordance with the data on your credit card. Except, if you do not receive a replacement card for more than 30 days.


2. Wait for a replacement credit card to arrive

call center of the credit card issuing bank

If you have already contacted the call center of your credit card issuing bank, then just wait for a replacement credit card to arrive.

For information, credit card replacement is not free of charge. The amount starts from USD 30-100 thousand, depending on the type of credit card you have. This fee will be directly charged to the credit card bill.


3. Activation of a new credit card

Once a new credit card is in hand, immediately activate. Fortunately, banks now have many platforms for the activation process, so customers can choose the most desired service.

Eits, but wait a minute. If the credit card has been closed by the bank, you cannot apply how to activate the blocked card as above.

For example, your Good Lenders credit card is not activated until two months before the card’s expiration date, so that the credit card is automatically closed.

The only solution is to apply for a new credit card. But, no need to worry, filing a new credit card is not as complicated as it seems. On the other hand, you also have the opportunity to reconsider the most suitable credit card for you.


How to apply for a new credit card

credit card

Submitting new credit cards can be done offline or online. The following are the steps for both types of credit card applications.

1. Submitting an offline credit card

If you are more comfortable interacting with customer service directly, then you can come directly to the nearest branch office.

Prepare the necessary requirements, such as the document below:

  • Photocopy of KTP
  • Payslips or other proof of income
  • Photocopy of NPWP
  • Photocopy of bank book last three months
  • Credit card bill in the last three months (if you already have another credit card)

At the bank’s branch office, you will be asked to complete a credit card application form. After that, submit the completed forms and other supporting documents.

If it’s finished, you just have to wait for confirmation of credit card applications from the relevant bank. Some banks will immediately send credit cards to the registered home address without providing prior confirmation. The process takes approximately 7-14 working days. So just wait for it.


2. Apply for an online credit card

online credit card

If you prefer a practical way, without taking special time to come to the bank, you can apply for a credit card online. The trick, just go to the desired bank site and then use the online credit card application facility that is available.

Another way to apply for online credit cards that are no less practical is through financial product supermarket sites, such as Good Lend Credit. Through Good Lend Credit, you can also compare credit cards from various banks. So, can find the most ideal credit card for you.