What does credit card mean?

Definitions for credit card
credit card

This dictionary definitions page includes all the possible meanings, example usage and translations of the word credit card.

Princeton's WordNet

  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?"

Wiktionary

  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.

Wikipedia

  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.

ChatGPT

  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.

Wikidata

  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.

How to pronounce credit card?

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. The FCA:

    We will, however, consider, the possible implications of the proposed interchange fee cap on the evolution of the credit card market.

  2. Susan Gower:

    He filled his car up maybe $20 or something like that, he used his credit card.

  3. Brian Kelly:

    I know people pay for their monthly parking, which in New York City can be quite expensive, put that on the right credit card and you’ll be getting double and triple points. Dig deep in the earning categories on your credit cards, because you may find some categories that you didn’t realize.

  4. Jill Biden:

    He said we are not going back to lockdowns. I think he knows that that is, number one, not necessary, but also politically untenable, he maxed out on his COVID credit card and now he wants to continue to swipe it -- but everyone’s like no, you are maxed out, you don’t have any more room to run on that.

  5. Charles Adcox:

    My more loyal customers don't mind paying in cash. Some even wish to drop their credit-card companies for gun-friendly alternatives.


Translations for credit card

From our Multilingual Translation Dictionary

Get even more translations for credit card »

Translation

Find a translation for the credit card definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"credit card." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/credit+card>.

Discuss these credit card definitions with the community:

0 Comments

    Are we missing a good definition for credit card? Don't keep it to yourself...

    Image or illustration of

    credit card

    Credit »

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Browse Definitions.net

    Quiz

    Are you a words master?

    »
    be contingent upon (something that is elided)
    A signify
    B emerge
    C carry
    D depend

    Nearby & related entries:

    Alternative searches for credit card: