Credit Card (redirected from charge plate)

Credit Card

A card allowing someone to make a purchase on borrowed money. Credit cards are one of the most popular forms of payment for consumer goods and services in the United States.

Notes:

Credit cards have higher interest rates than most consumer loans or lines of credit, so try your hardest to pay off your credit card each month.

See also: Adjusted Balance Method, Annual Percentage Rate - APR, Average Daily Balance Method, Credit, Previous Balance Method

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Credit card

Any card, plate or coupon book that may be used repeatedly to borrow money or buy goods and services on credit.