Definitions for credit card
credit card

Princeton's WordNetRate this definition:0.0 / 0 votes

1. credit card, charge card, charge plate, plasticnoun

   a card (usually plastic) that assures a seller that the person using it has a satisfactory credit rating and that the issuer will see to it that the seller receives payment for the merchandise delivered

   "do you take plastic?"

WiktionaryRate this definition:5.0 / 1 vote

1. credit cardnoun

   A plastic card, with a magnetic strip or an embedded microchip, connected to a credit account and used to buy goods or services. It's like a debit card, but money comes not from your personal bank account, but the bank lends money for the purchase based on the credit limit. Credit limit is determined by the income and credit history. Bank charge APR (annual percentage rate) for using of money.

WikipediaRate this definition:0.0 / 0 votes

1. Credit card

   A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges). The card issuer (usually a bank or credit union) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance. There are two credit card groups: consumer credit cards and business credit cards. Most cards are plastic, but some are metal cards (stainless steel, gold, palladium, titanium), and a few gemstone-encrusted metal cards.A regular credit card is different from a charge card, which requires the balance to be repaid in full each month or at the end of each statement cycle. In contrast, credit cards allow the consumers to build a continuing balance of debt, subject to interest being charged. A credit card differs from a charge card also in that a credit card typically involves a third-party entity that pays the seller and is reimbursed by the buyer, whereas a charge card simply defers payment by the buyer until a later date. A credit card also differs from a debit card, which can be used like currency by the owner of the card. Alternatives to credit cards include debit cards, mobile payments, digital wallets, cryptocurrencies, pay-by-hand, bank transfers, and buy now, pay later. As of June 2018, there were 7.753 billion credit cards in the world. In 2020, there were 1.09 billion credit cards in circulation in the U.S and 72.5% of adults (187.3 million) in the country had at least one credit card.

ChatGPTRate this definition:0.0 / 0 votes

1. credit card

   A credit card is a financial tool issued by a bank or financial institution that allows cardholders to borrow funds, up to a certain limit, to pay for goods or services. The borrowed money must be paid back with interest in the future. It provides convenience, security, and the ability to build credit when used responsibly. Payments are usually required at the end of each billing cycle. Failure to meet the payment deadline can result in additional charges or penalties. A credit card's use is linked to a written agreement to pay the bank or the financial institution under its terms.

WikidataRate this definition:5.0 / 1 vote

1. Credit card

   A credit card is a payment card issued to users as a system of payment. It allows the cardholder to pay for goods and services based on the holder's promise to pay for them. The issuer of the card creates a revolving account and grants a line of credit to the consumer from which the user can borrow money for payment to a merchant or as a cash advance to the user. A credit card is different from a charge card: a charge card requires the balance to be paid in full each month. In contrast, credit cards allow the consumers a continuing balance of debt, subject to interest being charged. A credit card also differs from a cash card, which can be used like currency by the owner of the card. A credit card differs from a charge card also in that a credit card typically involves a third-party entity that pays the seller and is reimbursed by the buyer, whereas a charge card simply defers payment by the buyer until a later date. The size of most credit cards is 3 ⅜ × 2 ⅛ in, conforming to the ISO/IEC 7810 ID-1 standard. Credit cards have an embossed bank card number complying with the ISO/IEC 7812 numbering standard.

Matched Categories

1. • Open-end Credit
   • Positive Identification

How to pronounce credit card?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say credit card in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of credit card in Chaldean Numerology is: 2

2. Pythagorean Numerology

   The numerical value of credit card in Pythagorean Numerology is: 4

Examples of credit card in a Sentence

1. Jennifer Bailey:

   With multiple levels of security, it's designed from the beginning to be more secure than a credit card.

2. Pat Diaz:

   It’s amazing how they survive. No credit card, no physical signs of income, and they just make do.

3. Brian Kelly:

   Most airlines now issue more frequent flier miles from credit cards and airline partners than they do from actually flying, for people who say, ‘I’m not a frequent traveler,’ that doesn’t mean you shouldn’t have an airline or other credit card.

4. Yair Seroussi:

   I believe that the proposal to separate the credit card companies from the banks could damage competition and may create an economic distortion.

5. Jay Farner:

   People are changing their spending habits, credit card debt is rising, savings and bank accounts are dropping, all of those things tell me that we’ve set the table for a recession here in 2023.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=credit card
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Credit_Card
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Credit_Card
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=credit card