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credit card |
Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia | 0.06 sec. |
credit cardCard issued by a credit company, retail outlet, or bank, which enables the holder to obtain goods or services on credit (usually to a specified limit), payable on specified terms. The first credit card was introduced in 1947 in the USA. Some credit cards also act as bank cards to enable customers to obtain money more easily from various bank branches. ‘Intelligent’ credit cards are now being introduced that contain coded information about the customer and the amount of credit still available. This can be read by a terminal connected with the company's central computer.
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| And more Hispanics are getting credit cards these days. QA I value my excellent credit rating; I have two major credit cards--one I use dally and pay off at the end of the month; the other never use, I a so have three store credit cards I haven t used in years. Finally, households have increased their use of credit cards as a convenient means of paying for daily purchases. |
Credit cards
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