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What is the difference between the card product types?

April 26, 2017card Product types

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What is the difference between the card product types?

3 Answers

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. The Credit card has a line of credit approved by the bank. The Charge card is a cash collaterised credit card, where the collateral is fixed, and the Web Surfer card is a prepaid card that is used exclusively on the internet.

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[The Credit card has a line of credit approved by the bank. The Charge card is a cash collaterised credit card, where the collateral is fixed, the Web Surfer card is a prepaid card that is used exclusively on the internet and the ATM card is an inter-switch card that can be used to draw money from any ATM inter-switch machine worldwide.

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The Credit card has a line of credit approved by the bank. The Charge card is a cash collaterised credit card, where the collateral is fixed, and the Web Surfer card is a prepaid card that is used exclusively on the internet.