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Charge Card

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson 0.03 sec.
Charge Card
A card that charges no interest but requires the user to pay his/her balance in full upon receipt of the statement, usually on a monthly basis. While it is similar to a credit card, the major benefit offered by a charge card is that it has much higher, often unlimited, spending limits.

Notes:
Costs associated with a charge card will often be a set fee for the card along with large penalties on any unpaid balances. This type of card does not allow cardholders to carry a balance from one month to the next as they would with a credit card. American Express and Diner's Club are examples of charge cards.
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? Mentioned in ? References in periodicals archive
 
The company's traditional charge card, which requires the holder to pay the balance in full every month, targets people over the age of 40, 80% of them men.
Internet ready: American Express wants credit card growth among ... by Rueda, Marisol / Latin Trade
Some schools offer cards with university logos; others charge card companies for the privilege of setting up sales tables on campus.
Bankrupt by 25: people under age 25 make up the fastest-growing age ... by Smillie, Dirk / New York Times Upfront
It provides appropriate employees with a charge card from a credit card company.
Expense-reporting programs with electronic credit card receipts by Driscoll, David / The Tax Adviser
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