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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
How can you get money back from a credit card?
You can get money back from a credit card by requesting a refund for a purchase, disputing a charge, or redeeming rewards points for cash.
What is money borrowed on a credit card called?
Money borrowed on a credit card is called a credit card balance or credit card debt. When you make purchases using your credit card, you are essentially borrowing money from the credit card issuer, which you are required to pay back, typically with interest if not paid in full by the due date. The amount you owe can fluctuate based on your spending and payments made.
Are credit card and debit card money What is difference between credit and debit cards?
A credit card is when you are loaned money by the card company and are able to use it before hand; after which you have to pay them back. A debit card on the other hand is a card with your money on it and you use it as you wish but once the card has no money left, you have to put more money on it before you can use it again.
Why credit card not considered money?
because a credit card purchase is a loan, a promise to pay back in the future. it does not fall under the definitions of money (m1,2,3)
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
How can you get money back from a credit card?
You can get money back from a credit card by requesting a refund for a purchase, disputing a charge, or redeeming rewards points for cash.
What is money borrowed on a credit card called?
Money borrowed on a credit card is called a credit card balance or credit card debt. When you make purchases using your credit card, you are essentially borrowing money from the credit card issuer, which you are required to pay back, typically with interest if not paid in full by the due date. The amount you owe can fluctuate based on your spending and payments made.
Are credit card and debit card money What is difference between credit and debit cards?
A credit card is when you are loaned money by the card company and are able to use it before hand; after which you have to pay them back. A debit card on the other hand is a card with your money on it and you use it as you wish but once the card has no money left, you have to put more money on it before you can use it again.
Why credit card not considered money?
because a credit card purchase is a loan, a promise to pay back in the future. it does not fall under the definitions of money (m1,2,3)
Can you get money back from a credit card?
Yes, you can get money back from a credit card through a process called a refund or a chargeback. This typically occurs when you return a purchase, dispute a charge, or experience fraud.
What's the difference between credit card and debit card?
A credit card is like a portable loan, where the money you spend isn't yours and you have to pay it back. A direct debit card is your money from an account.
I am a corporate secretary and the company that i work gave me a credit card and told me i can use it now they want their money back?
Credit cards borrow money, so if you've used the card, then you owe the company that money back.
How can one get a Woolworths credit card?
One can get a Woolworths credit card by applying online on their website. They reward you for purchases and you can get money back on a shopping card.
What is a card you buy things with and pay back the money you spent later called?
A credit card.
Is a credit card money?
No, it is more like a loan from the card's dealer. You then create debt on your credit card if you buy things with it. Then you have to pay back the debt to the card manufacturer.
Can I use cash back to pay my credit card bill?
Yes, you can use cash back to pay your credit card bill by depositing the cash into your bank account and then using that money to make a payment on your credit card.
