a card (usually plastic) that assures a seller that the person using it has a satisfactory credit rating and that the issuer will see to it that the seller receives payment for the merchandise delivered
A payment card for which the cardholder is billed without credit terms; the bill must be paid in full each billing period, typically 30 calendar days An example is the American Express card Contrast with credit card and debit card
plastic card with a magnetic strip given to a customer by a bank or other business for the purpose of making purchases on credit, credit card, charge plate
One major difference between credit card and charge card is that charge card must be paid in full every month An example of a charge card is American Express card
A charge card works in a similar way to a credit card and allows its holder to pay for goods and services on credit The main difference from a credit card is that the balance on a charge card has to be paid off in full each month Cardholders are rewarded for using the charge card with points schemes, airmiles and discount offers on services such as insurance The two largest charge card issuers are American Express and Diners Club International Some high street banks issue charge cards to their current account customers
A card that requires a full payment of the entire accrued balance by the due date Unlike credit cards, which give borrowers a revolving line of credit and let them carry a balance at a predetermined interest rate, charge cards generally do not allow a cardholder to carry a balance and do not charge interest American Express and Diner's Club are examples of charge cards
A card that requires a full payment of the charge by the due date Unlike credit cards, which give borrowers a revolving line of credit and lets them borrow against it, carrying a balance with an agreed-to interest rate, charge cards do not allow carrying a balance and no interest is charged American Express and Diner's Club are examples of charge cards
A payment card with invoices, usually monthly, that must be paid in full when received Charge cards typically have an annual fee but no monthly interest charges because balances are due upon receipt Also known as convenience cards
A charge card is the same as a credit card. a plastic card from a particular shop that you can use to buy goods there and pay for them later credit card
a payment card that requires the total bill to be paid by a specific date You are not allowed to carry an account balance from one month to the next and no interest is charged