Travel and entertainment card: Difference between revisions
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A card issued by non banks indicating that the holder has been granted a line of credit. | A card issued by non banks indicating that the holder has been granted a line of credit. | ||
It enables the holder to make purchases but does not offer extended credit, the full amount of the debt incurred having to be settled at the end of a specified period. The holder is usually charged an annual fee. | |||
It enables the holder to make purchases but does not offer extended credit, the full amount of the debt incurred having to be settled at the end of a specified period. | |||
The holder is usually charged an annual fee. | |||
Also known as a Corporate card. | Also known as a Corporate card. | ||
Revision as of 13:06, 14 August 2013
A card issued by non banks indicating that the holder has been granted a line of credit.
It enables the holder to make purchases but does not offer extended credit, the full amount of the debt incurred having to be settled at the end of a specified period.
The holder is usually charged an annual fee.
Also known as a Corporate card.
