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A Credit Card is a card that enables you access to a line of credit offered by banks and some other places. When you use the card to 'pay' for something, the bank is paying for it, it is like a loan. The bank charges you a fee for this service, called interest, a percentage of the borrowed money.
Wiki User
∙ 12y ago
Wiki User
∙ 13y agoA small plastic card issued by the bank
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What does KI mean when running a credit card on a machine?
KI on a credit card machine mean?
What does it mean you are qualified for a credit card?
It means a credit card company wants to put you into debt by giving you a credit card you can use.
Can you use a credit card if its frozen?
If you mean a credit freeze, then no, you will not be able to use the card.
What does cvc mean on a credit card?
In terms of a credit card it means Card Verification code hence CVC.
What does credit card negotiation mean?
Credit card negotiation is when you contact the bank and negotiate your credit card debt. This can mean negotiating a payment plan or just trying to get the overall debt reduced.
What does cvn mean on a credit card?
Card Verification Number
What does credit card CVC mean?
Card Verification Code
What do secured credit cards mean?
A secured credit card is a credit card for people with poor credit ratings that must deposit the desired amount on money before using the card. The card is similar to a pre-paid credit card that allows credit ratings to get better.
What does it mean to transfer credit card balance?
To transfer a credit card balance means to use the available credit on one credit card to pay off the balance of another credit card. This is often done by credit card holders to pay back a balance at a lower rate.
What does it mean if a credit card is valid until a date like for example your credit card is valid until 05 10 what does that mean?
you will die :)
What does 0 intro credit card mean?
The 'O introductory credit card' part of the card means that one does not have to pay any introductory fees on the credit card before using it. This is usually the best card to get.
What does name on credit card mean?
Name on Credit Card mean the name that appears at the front of the card, below the long card number. This will be the name of the person to whom the card was issued by the bank.
