Article 5RR2M The Difference Between a Charge Card and Credit Card (and Why It Matters)

The Difference Between a Charge Card and Credit Card (and Why It Matters)

by
Mike Winters
from Lifehacker on (#5RR2M)
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If you've heard the phrase charge card" and thought it was referring to a credit card, that would be understandable since the terms are often used interchangeably. However, a charge card is an entirely different product with no credit limit or interest charged, unlike a credit card. Here's a closer look at the...

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