What does hotel deposit mean?

The hotel deposit means the deposit paid by the customer when booking a hotel room. The purpose of hotels asking customers to pay a deposit is to reduce the losses caused by customers who book a room but fail to show up. The amount of the security deposit is generally the first night's room charge or the full room charge. The specific amount depends on the details of the order. If the customer pays a security deposit, the hotel will definitely reserve a room for the customer. After the customer leaves, the platform will refund the security deposit in the same way; if the customer does not check in, the security deposit will be settled to the customer's reservation. hotel. Credit card information is required to guarantee the reservation. Credit card or Alipay guarantee is a method of reservation. It can be unfrozen 3 to 5 working days after full payment and checkout, and the credit card funds can be used normally after being unfrozen. Generally, guarantees are required for hotels during peak tourist seasons, popular scenic spots, exhibitions or national holidays, and when the retention time exceeds the hotel limit.

The difference between credit card and debit card

The following are the differences between the two cards: 1. Credit card is a consumer credit product, which requires consumption first and repayment later. Debit cards are deposited first and then used; 2. Credit cards can be overdrafted, but debit cards cannot be overdrafted; 3. Credit cards have a revolving credit limit, but debit cards do not have a revolving credit limit ( Revolving credit refers to the limit that the bank has approved for the cardholder. The cardholder does not need to repay the balance in full if he uses it within the limit. He only needs to pay the minimum repayment amount specified to maintain good credit. If the credit record is established, the cardholder's credit limit can be used again); 4. If the credit card holder needs to repay the full amount before the final repayment date, the shopping consumption may enjoy an interest-free repayment period; 5. Credit card deposits do not accrue interest, while debit card deposits accrue interest based on the savings interest rate; 6. Credit cards are asset businesses, while debit cards are liability businesses; 7. The issuance of credit cards must meet relevant conditions (such as The situation of the work unit, assessment of repayment ability and review of personal credit record, etc.), while debit cards only require an ID card; 8. Credit cards have anti-counterfeiting logos and UnionPay logos, while debit cards only require UnionPay logo.