answersLogoWhite

0

Answeryou buy stuff, pay for it with your credit card and then pay the bill at the end of each month.

A credit card is a convenient instrument to meet your financial needs. The credit card serves as an arrangement between the card holder and the lending institution. When you buy something with your credit card, the bank agrees to pay the store in your behalf. The bill will be sent to you in the form a credit card statement. Knowing how credit cards work will help you maximize its benefits and uses.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

Where can one find out exactly how credit cards work?

One can find our more information about how credit cards work by visiting your local bank or credit card issuer and asking for information pamphlets about credit and credit cards.


Do credit cards work if they get wet?

Yes


Where can I get instant credit cards for bad credit?

It may be possible to get a credit card with bad credit, but the terms will be unfavorable. You should work at rehabilitating your credit rating before applying for credit cards.


Do credit cards work in Canada?

Yes, credit cards work in Canada. Most businesses in Canada accept credit cards as a form of payment, and major credit card companies like Visa, Mastercard, and American Express are widely accepted across the country.


Are prepaid credit cards as safe as regular credit cards?

Prepaid creidt cards are safer than regular credit cards. They work much like a debit card so that when the money is exhausted on the card, the card will be rejected.


What happens to credit cards in a bankruptcy when there is a zero balance?

it does not work


Can I use prepaid credit cards just like traditional credit cards?

Prepaid credit cards work exactly like the traditional unsecured credit cards. Make sure that you know what your credit limit is. Your credit limit will be what you send into them. You can use them just like a credit or debit card to get hotel rooms, gas, or whatever else you may need.


What are the three types of credit cards available in the market today?

The three types of credit cards available in the market today are secured credit cards, unsecured credit cards, and prepaid credit cards.


What credit cards does the Bank of America offer?

Bank Of America offers many different credit cards. It offers cash rewards credit cards, points rewards credit cards, travel and airline rewards credit cards, lower interest rate credit cards, and build or rebuild credit cards.


Can i buy wow using a prepaid credit card. If yes Can i Buy it online Using a PrePaid Credit Card?

Yes.Pre-paid Credit/Debit cards work just like regular cards.


Who is charged for misusing credit cards?

People who misuse credit cards are charged for misusing credit cards.


What are airline credit cards and how are they different from regular credit cards?

Airline credit cards are credit cards issued by airlines. They have no real benefits over regular credit cards, apart from the fact that you can collect Air Miles with them.