Credit Cards

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 (or the user) 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.
Posts about Credit Cards
  • What to know about Prime Reload, Amazon’s latest rewards program

    … Amazon introduced Prime Reload Tuesday, which rewards 2 percent of purchases back to Prime members who fund their Amazon balances with their debit cards. Forget the rumors about Amazon potentially buying a bank. Amazon practically is a bank. To date it has a foot in payments, cash, small business lending, consumer credit and now it’s coming…

    Digiday- 19 readers -
  • LifeLock Launches Identity Online Account Management App

    … LifeLock announced the release of Identity, a mobile app designed to help users manage their online accounts. Specifically, the Identity app can help users change the credit card information and addresses associated with their accounts at “more than 50 popular online services and counting,” such as travel sites and retailers, among others…

    AllTwitter- 16 readers -
  • 72% of Businesses Plan to Kill Passwords By 2025 (Infographic)

    … as a result of leaks and hacks. 90 percent of companies surveyed had been victims of fraud, and fraud accounted for 42 percent of company financial losses. 42 percent of these attacks were related to phishing or spam, and 39 percent related to payment or credit-card fraud. However, strategies are emerging, and companies are changing their ways…

    AllTwitterin Facebook- 23 readers -