Credit card: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson (Categorise page & link with Debit card page.) |
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== See also == | == See also == | ||
* [[Credit]] | * [[Credit]] | ||
* [[Debit card]] | |||
[[Category:Cash_management]] | |||
[[Category:Liquidity_management]] | |||
Revision as of 09:12, 9 November 2013
A card indicating that the holder has been granted a line of credit.
It enables the holder to make purchases and/or withdraw cash up to a pre-arranged ceiling; the credit granted can be settled in full by the end of a specified period or can be settled in part, with the balance taken as extended credit.
Interest is charged on the amount of any extended credit and the holder is sometimes charged an annual fee.
