Saturday 16 November 2013

Credit Card

Credit card is a payment card given to the consumers/users that can be used as another form of payment. It grants the cardholder to pay for goods and services depending on the terms of credit between the bank (credit card issuer)  and the cardholder. A credit card has a credit limit, credit limit is the point where you are only allowed to consume in your credit card.

Modes of payment for a credit card may vary on the bank or the issuer of the cards, different banks also has different terms and conditions.

To avail a credit card, you may choose what bank offer will suit your needs.

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