Charge Card

A charge card is a type of credit card that allows the cardholder to borrow money up to a certain limit to purchase items or withdraw cash. The limit is usually set by the card issuer, and the cardholder is required to repay the borrowed amount plus interest and fees within a certain period of time. Charge cards are different from traditional credit cards in that they do not have a revolving spending limit.

Terms A-Z

Stay On Top Of Industry Trends

By providing my email address, I agree to’s Privacy Policy