A credit cardA plastic or virtual card with a credit limit used to purchase goods and services and to obtain cash advances on credit for which a cardholder is subsequently billed by... is a form of paymentThe transfer of value from one end party to another. card that allows a cardholderThe cardholder is the individual or entity that holds and uses the payment card. This can refer to a debit card or a credit card and can be used to... to make purchases on credit. The card works on the promise that the cardholder will repay the borrowed amount, often with interest added or at a later date. It offers a convenient and revolving line of credit to the cardholder.
