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What Is a Proprietary Card?

What Is a Proprietary Card?

A Proprietary Card is a card issued by a financial institution to its customers for access to their credit or deposit accounts. Proprietary cards a...

FAQ
Do I Always Have to Pay Interest on Purchases Made Using My Credit Card?

Do I Always Have to Pay Interest on Purchases Made Using My Credit Card?

If you pay off the balance of your credit card in full each month, you won’t have to pay any additional fees at all. Otherwise, you will be c...

FAQ
Can I Still Get A Credit Card with A Poor Credit Score?

Can I Still Get A Credit Card with A Poor Credit Score?

In some cases, when your credit rating is bad, you'll have trouble getting the best deals on credit cards or even you aren't able to take o...

FAQ
What Is Credit Rating?

What Is Credit Rating?

Credit Rating is the ability of a person on fulfilin their financial commitment, based on previous dealings with credit, loans or any similar...

FAQ
What Kind of Purchase Should I Make on My Credit Card?

What Kind of Purchase Should I Make on My Credit Card?

Credit cards can be used for any kind of purchase, especially suitable for expensive items such as travels or appliances because you can purchase t...

FAQ
How Many Types of Credit Cards Are Available?

How Many Types of Credit Cards Are Available?

There are dozens of different types of credit cards with a variety of shapes and sizes available on the market. Almost all cards will fit into one...

FAQ
What Is APR?

What Is APR?

Annual Percentage Rate means the annual interest rate charged on cardholders if they don’t pay off the entire balance in full each month. In...

FAQ
What Is a Periodic Rate?

What Is a Periodic Rate?

A periodic rate is a rate of interest charged on a loan or realized on an investment over a specific amount of time. We can calculate a periodic ra...

FAQ
What Is a Prepaid Debit Card?

What Is a Prepaid Debit Card?

A prepaid debit card is a non-bank card that needs to have money added to it before someone can use it to pay for purchases. Unlike standard debit...

FAQ
What Is a Credit Limit?

What Is a Credit Limit?

A credit limit, also known as a line of credit, is simply the maximum amount of credit available to the customer to purchase goods and services. If...

FAQ
What Is a Credit Card?

What Is a Credit Card?

A credit card is a small plastic card issued by a bank, building society or other financial institution that allows the holder to purchase goods or...

FAQ
What Are the Benefits of Using a Credit Card?

What Are the Benefits of Using a Credit Card?

Main benefits we can define are: cashback, reward points, EMIs, grace period and security.

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