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Credit Cards | Loans | Mortgages | Savings Accounts | Current Accounts | Foreign Exchange

UK Credit Cards:

A credit card is a system of payment named after the small plastic card issued to users of the system. A credit card is different from a debit card in that it does not remove money from the user's account after every transaction. In the case of credit cards, the issuer lends money to the consumer (or the user). It is also different from a charge card (though this name is sometimes used by the public to describe credit cards), which requires the balance to be paid in full each month. In contrast, a credit card allows the consumer to 'revolve' their balance, at the cost of having interest charged. Most credit cards are the same shape and size.

Credit card allows consumers to purchase products or services without cash and to pay for them at a later date. To qualify for this type of credit, the consumer must open an account with a bank or company, which sponsors a card.

Credit Cards
  • air miles credit cards
  • gold credit cards
  • platinum credit cards
  • student credit cards
  • business credit cards
  • rewards credit cards
   

     UK Credit Card Issuers:

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