Credit card or credit card is a small plastic card used in payment transactions and purchase. Companies are providers of credit cards put an upper limit of cash that can be used in the card. Credit cards differ from debit card , that the amount of money paid is not deducted from your bank account directly , but the amount of money payable from the supplier . The money is paid once a month, and the user can pay the amount of money the city full or parts with bank interest . In 1920, some U.S. companies issued these cards to facilitate the payment process , and months of credit cards in the world are Visa and MasterCard and Euro Card. Credit card bears the name of its owner and account number .
Types of credit cards
Are granted through the source Kalmsrv and Credit Union Foundation, savings or any other financial institution credit line roundabout to the cardholder , فالبطاقة is in fact a loan consumers can use to purchase its requirements and then shot later , if unwilling to pay all what he باقتراضه ( buy it ) in any given month , it allows him to rotate the part or all of the amount borrowed to the next month , and the consequent in this case the payment of interest on the debit balance ( based) the most popular types of cards
They are known Master Card, Visa Card, Discover.
Card Account Charge Card allows card account (or a card on the account) to the consumer purchase on the account now and payment later , they do not include a line of credit roundabout as follows holder to pay the full amount when it sends the source list ( the bill ) has also not borne by the consumer as a result that any benefits including American Express Green Card.
City Card Debit Card
Card issued by banks and allow under their respective holders pay their purchases through the clouds on their accounts current in the bank directly , which means that instead of borrowing from the source of the cards and payment later (as is the case in the credit card ) , the client converts the funds belong to him to the seller ( merchant ) when used for this If the card was a " city on the line card ," the transfer of funds are usually within the same day on which the implementation of purchase transactions , but if " the city off - line card ," the conversion is done within a few days later.
ATM card Automated Teller Machines ATM Bank Card
Given this card to the consumer access to machines exchange entrusted to and associated networks belonging to banks other , as can the consumer when used for this card perform many banking transactions typical or standard , such as the transfer of funds between different accounts , deposit and withdraw cash and even pay some of the menus ( billing) .
Secured credit card Secured Credit Card
Card basic guaranteed " deposits provide the same benefits " as used last to ensure the credit line provided by the card to the consumer allows this card to individuals not eligible to get the credit card conventional because of their lack of past credit unknown or because they are inscribed in the slice credit low due to financial problems earlier as they used like any normal credit card .
Smart Card Smart Card / chip card
Credit card interactive carry with them A_i_raca for the future of plastic cards is that, despite the availability of the necessary technology for the issuance and use they have not yet received the version and use widely include card piece minutes or bar الكترومغناطيسي readable electronically and able to interact with the units ATM or any other mechanisms for read / Date every time you make a transaction is reduced available credit line in the amount trader , through memory card. And on the basis that it does not need to get prior approval for the card issuer .
Prepaid Card Prepaid Card
Card elementary preceded the use of the smart card is based on installing a specific amount so that it can enter into a card that amount as being a gradual reduction of the amount of the card automatically whenever the use of examples on this card being traded offline card telephone calls and cards ride public transportation internal public urban centers.
Coalition Card / belonging Affinity Card
Card specifically designed to attract specific groups to belong to associations or links or social organizations , encourage the use and for encouraging members to acquire this type of card , the Assembly / Association get a commission as a percentage of income derived from the use of the card .
Granted "card allowances " for the consumer reward for use of her , while giving the card with a dual-brand the holder to the same areas but suffered by the Issuer in cooperation with the plant or facility segmentation achieves the source of the advantages of reducing the costs of marketing the card and increase the number of its campaign , while benefiting collaborating with him from side to install the name on the card as a means of promotion.
