Of course, there are cases where transfers are not controlled by the limit on Type 2 cards:
The first one is that a Type 2 account is tied to a Type 1 account, and there is no limit on the amount of money that can be transferred in and out of each other between the Type 2 and Type 1 accounts;
The second one is that transfers between the Type 2 account and the public account are not controlled by the limit.
Of course, if users feel that there are more restrictions on Type 2 cards, then it is possible to upgrade Type 2 cards to Type 1 cards.
Users should bring their ID cards and bank cards to the counter of a bank branch to change the type of account (i.e., upgrade or downgrade the account).
To do this, you also need to verify any debit card in your name, and once the verification is complete, the entire upgrade is basically complete.
Note: A Type 2 account can only be upgraded to a Type 1 account, or the account type can remain unchanged.
The business of the second type of bank card: handling deposits, purchasing financial products such as investment and wealth management, limiting consumption and payment of bills, limiting the business of transferring funds to non-binding accounts, receiving loans issued by the bank and repaying the loans through the second type of account; and if the identity is confirmed by the counter of the bank, self-service equipments, plus the bank's staff, it is possible to handle the business of accessing cash.
Expanded Information:
Type I account is a full-featured account, which is a debit card we know well, and it can be used for making deposits, transferring funds, consuming and paying bills, purchasing investment financial products, cash withdrawals, etc., the scope of use and the amount of unrestricted.
Individuals' payroll, large-value transfers, bank-certificate transfers, as well as payments and contributions to medical insurance, social insurance, pensions and provident funds should be handled through Type I accounts.
Type II accounts can handle deposits, purchase of investment and wealth management products and other financial products, limit consumption and payment of bills, and limit transfer of funds to non-binding accounts.
By the bank counter, self-service equipment to the bank staff on-site face-to-face confirmation of identity, Ⅱ type of households can also handle cash, non-binding account funds transfer business, you can be issued with a bank card entity card.
Which, Ⅱ type of household non-binding account transfer funds, deposit cash daily cumulative limit of 10,000 yuan, the annual cumulative limit of 200,000 yuan; consumption and payment of fees, to the non-binding account to transfer funds, take out cash daily cumulative limit of 10,000 yuan, the annual cumulative limit of 200,000 yuan.
Type III accounts can be used for limited consumption and payment of bills, and limited transfer of funds to non-binding accounts
. By the bank counter, self-service equipment to the bank staff on-site face-to-face confirmation of identity, Ⅲ type of households can also handle non-binding account funds transfer business.
Wherein, the account balance of Class III accounts shall not exceed RMB 1,000; the cumulative daily limit of funds transfer to non-binding accounts is RMB 5,000, and the cumulative annual limit is RMB 100,000; the cumulative daily limit of consumption and bill payment, and the cumulative daily limit of funds transfer to non-binding accounts is RMB 5,000, and the cumulative annual limit is RMB 100,000 in total. The difference between a first class bank card and a second class bank card we can judge from these points.
1 Scope of functions: the first class card is the most complete, and there is no scope limit when doing business.
The second type of card is a restricted function account, the business has a range of restrictions, such as not supporting the handling of large transfers, bank transfers, cross-border remittances and other businesses.
2 quota limit: a class of bank cards in the transfer, consumption and payment of bills and other business, the amount is not restricted,
The second class of bank cards in the transfer, consumption and payment of bills and other business, there is a quota limit.
3 With or without a physical card: the first category of cards are all physical cards,
while the second category of cards do not have a physical card, but we can also apply to the bank for a physical card.
According to the relevant provisions, we a person an ID card in the same bank can only open a first class bank card account, but the second class bank card can open more than one, the most usually can open 4. So there is some difference between the two in terms of quantity.