What is Credit card and how it works.. ?


What is a credit card?

The credit card is a type of loan. In which there is a certain amount of loan. You can not borrow more than the limit. A credit card is created by the bank. Which any bank account holder can make.

Credit card type How many types of credit card are?

There are three types of credit cards.

  1. Simple credit card

  2. Business Credit Cards

  3. Conventional charging card

1.Simple credit card

You can use this credit card anywhere but there is no restriction. Such as online shopping, travel to food. There is a period of exemption on shopping, but if you do not give it on the due date, then it is interesting.

2.Business Credit Cards




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