What is a credit card, charge card and debit card?
A credit card, as the name suggests, gives you credit – definitely for a charge. The days of credit one gets could range from 20 – 50 days depending on the date when one made the purchase. You can choose to pay your entire dues at one stroke, or delays them after paying the minimum amount due every month. Besides this, it entitles the member to plethora of benefits like travel discounts, discount on retail loans.
