charge card
Swipeable payment rectangle
A charge card is a payment card that requires the balance to be paid in full each billing cycle, unlike a credit card which allows carrying debt with interest.
American Express originally operated this way.
The company issued charge cards to employees for travel expenses.
The term is now often used interchangeably with credit card, though technically distinct.
Quick sliding motion
- tapValve controlling liquid flow
- contactlessRequiring no physical touch
- NFCClose-proximity communication protocol
- chipSmall broken-off piece
PIN · signature · authorization · terminal · POS · merchant · receipt · transaction fee
Ability to repay debts
- credit limitMaximum allowed debt
- credit scoreNumerical measure of borrower reliability
- credit bureauTracks borrowing history
- credit ratingAssigned measure of borrower reliability
credit history · issuer · borrower · lender · revolving credit · secured · unsecured · Equifax
Payment completion process
- retailerOne who sells goods
- consumerOne who acquires goods
- e-commerceInternet-based buying and selling
- online shoppingInternet-based retail activity
cart · buy · goods · merchant · cashier · barcode · scanner · receipt
Steadiness or amount owed
- repaymentGiving back what's owed
- overduePast expected arrival
- arrearsOverdue financial obligations
- delinquencyCriminal or neglectful behavior
default · minimum payment · interest · collection · late fee · penalty · statement · billing cycle
swipe
Quick sliding motion
- tapValve controlling liquid flow
- contactlessRequiring no physical touch
- NFCClose-proximity communication protocol
chip · PIN · signature · authorization · terminal · POS · merchant · receipt · transaction fee · acquirer
creditworthiness
Ability to repay debts
- credit limitMaximum allowed debt
- credit scoreNumerical measure of borrower reliability
- credit bureauTracks borrowing history
credit rating · credit history · issuer · borrower · lender · revolving credit · secured · unsecured · Equifax · Experian
checkout
Payment completion process
- retailerOne who sells goods
- consumerOne who acquires goods
- e-commerceInternet-based buying and selling
online shopping · cart · buy · goods · merchant · cashier · barcode · scanner · receipt · invoice
balance
Steadiness or amount owed
delinquency · default · minimum payment · interest · collection · late fee · penalty · statement · billing cycle · grace period
Diners Club
Early payment card company
- American ExpressMajor charge card company
- credit cardscardholder, cashback offers, rewards, cashback, loyalty programs
- payment cardsMastercard, Visa, American Express, Amex, Diners Club
- paymentspayment, monthly payment, cash payment, payment date, credit cards
- loansloan, loans, lend, borrow, auto loans
- creditcredit score, credit limit, credit cards, credit scores, credit report
- Digital Paymentsonline payment, e-payment, mobile payment, contactless payment, digital wallet
charge cardcash
Ready spending funds
cash payment · debit card · cash on delivery · prepaid card · money order
charge cardcredit card
Borrowed-funds payment tool
installment loan · line of credit · buy now pay later · secured credit card
charge cardcash
Ready spending funds
hard currency · coins · paper money · banknotes · legal tender
charge, card, discharge, charged, charges, charger, charging, discharged, recharge