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What is the difference between a charge card and a credit card? |
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Answer
Charge card and credit card Credit card offers you a facility to spend a certain amount and at the end of the month you can pay a specific minimum amount and revolve your credit for the next month by paying some interest on the remaining amount that is still to be paid and remains out standing. Charge card offers you a facility that the amount spent will be directly debited from your account and you can not revolve the credit.
First answer by ID3323741445. Last edit by ID3323741445. Question popularity: 1 [recommend question]
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