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Is a credit card with money on it?

Updated: 9/19/2023
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Wiki User

11y ago

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No - Buying goods on a credit card is a 'temporary loan' from the card company to allow you to buy stuff without handing over cash at the time the transaction takes place. The store bills the card company, and they hand over the cash to the store. The card company then bills you for the transaction.

Read more: Is_Credit_Card_is_really_Money

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11y ago
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Q: Is a credit card with money on it?
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Related questions

What is a secured credit card?

a credit card that is secured by a deposit of your own money


Can anyone get a credit card?

if you have money you have to pay for a credit card


How is the Walmart Money Card different from a normal Visa credit card?

The Walmart money card is different from a normal Visa credit card because an individual has to deposit money on the Walmart card before he or she can purchase items with the card. Whereas the Visa credit card already has money on it, or a certain amount of credit.


How do you know if your credit card is secured?

A secured credit card is a card on which you load money to be used by you. You will know if your credit card is secured if you must put money on it to use it.


Why can't i purchase a money order with my credit card?

Because there has to be real money on the money order. A credit card is a loan of money to you.


How can one get credit card with bad credit?

u sex the credit card and it has no money on it


When I transfer money with my credit card what do you see on my credit card account?

no


Can I get a credit card with money already on it?

Every credit card comes with money already on it.another answerI think you're referring to a debit card. That is a credit card which you "load" with a sum of money and can use up to that amount.


How do you get rid of a credit card without it hurting your credit?

Transfer your money to another credit card.


What is a credit on credit card?

A credit on a credit card is the amount of money you are allowed to spend before you have to pay it back


Who do I owe money to credit card or bank if I get a credit card?

You owe the money to the credit card company. Some credit card companies are part of banks or they allow their credit cards to be used through a bank, but they are specific entities in their own right.


Can you sue your absent husband for not paying a credit card he borrowed money on from you?

Can you sue your absent husband for not paying a credit card he borrowed money on, the credit card is in my name only?