A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's promise to the card issuer to pay them for the amounts plus the other agreed charges. The card issuer (usually a bank) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance.
A credit card is different from a charge card, which requires the balance to be repaid in full each month. In contrast, credit cards allow the consumers to build a continuing balance of debt, subject to interest being charged. A credit card also differs from a cash card, which can be used like currency by the owner of the card. A credit card differs from a charge card also in that a credit card typically involves a third-party entity that pays the seller and is reimbursed by the buyer, whereas a charge card simply defers payment by the buyer until a later date.

View More On Wikipedia.org
  • 12

    josher

    Well-known Member
    • Posts
      6,745
    • Likes
      176
    • Points
      0
  • 3

    NANAIU

    Well-known Member From BD
    • Posts
      2,734
    • Likes
      63
    • Points
      0
  • 2

    ::.anjan.::

    Active Member
    • Posts
      388
    • Likes
      1
    • Points
      0
  • 2

    Sukh007

    • Posts
      433
    • Likes
      61
    • Points
      0
  • 2

    Lawra

    Well-known Member
    • Posts
      1,353
    • Likes
      7
    • Points
      38
  • 2

    Fiju Chu

    Well-known Member
    • Posts
      2,285
    • Likes
      46
    • Points
      0
  • 1

    Pathar

    Well-known Member
    • Posts
      651
    • Likes
      9
    • Points
      0
  • 1

    Musakatari

    Well-known Member
    • Posts
      1,460
    • Likes
      15
    • Points
      0
  • 1

    Lrayon

    Well-known Member
    • Posts
      579
    • Likes
      5
    • Points
      0
  • 1

    manik.gangni

    Active Member
    • Posts
      399
    • Likes
      8
    • Points
      0
  • 1

    INSP DDK

    Well-known Member
    • Posts
      1,638
    • Likes
      28
    • Points
      0
  • 1

    Ripon_Manikganj

    • Posts
      129
    • Likes
      3
    • Points
      0
  • 1

    Kabidur

    • Posts
      468
    • Likes
      7
    • Points
      0
  • 1

    rajeshchiyyan

    • Posts
      149
    • Likes
      11
    • Points
      0
  • 1

    rezwan_jack

    Junior Member
    • Posts
      6
    • Likes
      0
    • Points
      0
  • 1

    Jonab Ru

    • Posts
      1,838
    • Likes
      6
    • Points
      38
  • 1

    gskhatni

    • Posts
      959
    • Likes
      11
    • Points
      0
  • 1

    wawan_berau

    Junior Member
    • Posts
      10
    • Likes
      0
    • Points
      0
  • 1

    dits-shop

    Junior Member
    • Posts
      49
    • Likes
      0
    • Points
      0
  • 1

    \/\/imran

    Junior Member
    • Posts
      85
    • Likes
      0
    • Points
      0
  • Top