What is the definition of credit card.....?

Question

Accepted Answer

A credit card is a payment card issued by a financial institution that allows the cardholder to borrow funds to make purchases.

Credit cards are issued by banks or other financial institutions.
Cardholders can use credit cards to make purchases and borrow funds.
Credit card transactions involve the cardholder borrowing money from the issuer and promising to repay it later.
Credit cards often come with a credit limit, which is the maximum amount the cardholder can borrow.
Interest is charged on the outstanding balance if not paid in full by the due date.
Credit cards offer convenience and flexibility for consumers to make purchases and manage their finances.
Examples of credit card issuers include Visa, Mastercard, American Express, and Discover.

Accepted Answer

credit card is the cashless product of bank it cards have many benefits as well as discount time periods, do increase civil

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