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Upon cancellation delinquent travel charge cards may be reported to credit bureaus or similar entities and can affect your credit rating?

True


What does an annual fee mean with credit cards?

The annual fee of a credit card is a charge applied once yearly. This charge is the cost of having the credit card. There are many credit cards available that do not charge a fee. The credit cards that do charge a fee often offer rewards, like travel.


What can you use to purchase items at different locations and charge the item to your account?

Bank credit cards


What is the other name of credit card?

Credit cards are also called charge cards.


Is there an annual fee for using the discovery credit card?

Discover Credit Cards offer four different cards for customrs to choose from. None of them charge an annual fee for having the card.


What credit cards have no annual fee?

There are many different cards that do not charge an annual fee. Usually an annual fee is related to a rewards type of credit card, but companies such as MasterCard and Visa also offer no annual fee cards.


Are mastercards charge cards?

Mastercards are not inherently charge cards; they are primarily credit cards. Charge cards require the balance to be paid in full each month, while credit cards, including Mastercards, allow users to carry a balance and pay interest on it. Some specific Mastercard products may function similarly to charge cards, but the general category of Mastercard includes both credit and debit options.


Are credit cards revolving charge accounts?

yes


How do you become poor?

You charge to much credit cards.


What is an American express card a charge card or credit card?

Credit Cards are a type of charge card. American Express is a charge card brand that offers both credit and debit cards. It depends on the account type of the person using it.


How is finance charge calculated?

Finance charges are applied to credit card balances that aren't paid before the grace period. Different credit cards calculate finance charges in different ways.


What are the different types of credit cards available in the UK?

In the UK, there are various types of credit cards available, including standard credit cards, rewards credit cards, balance transfer credit cards, and cashback credit cards. Each type offers different benefits and features to suit individual financial needs and preferences.