A credit card is a card given to the consumers of their respective banks providing a certain credit limit for consumers to be able to buy goods and services. The consumer is also given a period of two weeks to a month to clear the amount without charging an interest towards the amount, however once the period is over, the credit card’s interest rate is tagged to the amount that was used.
Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.