credit cards

Revolving debt enablers

Credit cards are plastic cards issued by banks or financial institutions that allow purchases on borrowed money.

The cardholder receives a monthly bill and can pay in full or carry a balance with interest.

Credit cards differ from debit cards, which withdraw directly from a bank account.

She put the vacation on her credit cards.

Related

finance · cash advance · APR · annual fee · transaction · chip reader · identity theft · fraud alert · grace period · late payment · debt · maxed out · predatory lending · wallet · swipe · payment · spending · visa

Categories
Opposites
payment timing

credit cardsdebit cards

Direct-withdrawal payment method

cash · prepaid cards · pay-as-you-go · direct debit · cash on delivery

payment medium

credit cardscash

Ready spending funds

coins · paper money · currency · hard currency · banknotes

financial relationship

credit cardssavings accounts

Interest-bearing bank deposits

cash reserves · emergency fund · nest egg · living within means

Family

card, credit, discredit, credits, credited, credit card, accredit, debit card, creditor

Familiarity
Top 5,000
Profile
Known to kids · Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G