credit card

/ˈkrɛdɪt ˌkɑːrd/
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A payment card that lets someone buy now and repay later.

Examples

  • He paid the credit card bill.
  • Can I pay by credit card?
  • I left my credit card at home.
  • The hotel asked for a credit card.
  • She used her credit card at the shop.

Similar words

Meanings

Card for later payment

finance
neutral
A card used to pay for things with borrowed money that the cardholder repays later.

Examples

  • Can I pay by credit card?
  • She used her credit card at the shop.
  • I left my credit card at home.
  • The hotel asked for a credit card.
  • He paid the credit card bill.

Similar words

Etymology

Credit refers to money lent with an agreement to repay it, and card names the small payment device.

FAQ

What is a credit card?

A payment card that lets a person borrow money for a purchase and repay it later.

Is a credit card the same as a debit card?

No. A debit card normally takes money from an account right away.

Can a credit card be used in a shop?

Yes, if the shop accepts it.

Does a credit card bill need to be paid?

Yes. The amount borrowed must be repaid.

Can a credit card charge interest?

Yes, especially when a balance is not paid in full by its due date.

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