What is credit card? A
Credit card is a small plastic card supplied by a bank to develop society,
etc., permitting the card holder to purchase goods or services on credit and
repay them in full.
In other words what
the credit card is? Banks produce revolving account and award a line
of credit to the borrower, from which the borrower can borrow
money for payment to a merchant or as a cash advance. ... A credit card obliges
the balance to be repaid in full each month.
These
were the simple explanations of what is credit card?
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