charge card

noun

a card (usually plastic) that assures a seller that the person using it has a satisfactory credit rating and that the issuer will see to it that the seller receives payment for the merchandise delivered

-

do you take plastic?

• Syn: ↑credit card, ↑charge plate, ↑plastic

• Hypernyms: ↑open-end credit, ↑revolving credit, ↑charge account credit, ↑positive identification

• Hyponyms: ↑bank card, ↑calling card, ↑phone card, ↑cash card, ↑cashcard

• Part Meronyms: ↑magnetic stripe

* * *

noun

: credit card 1

* * *

an identification card used to make purchases on a charge account; a charge plate.

* * *

charge card noun

A card issued by a store, shop, etc which authorizes a customer to obtain goods on credit

• • •

Main Entry: ↑charge

* * *

charge card UK US noun [countable] [singular charge card plural charge cards]

a plastic card that you get from a particular shop and use to buy its goods and pay for them later

Thesaurus: activity of shopping_hyponym

* * *

n. a credit card for use with an account that must be paid when a statement is issued

* * *

noun, pl ⋯ cards [count]

: ↑credit card

* * *

ˈcharge card [charge card charge cards] noun

a small plastic card provided by a shop/store which you use to buy goods there, paying for them later

see also ↑credit card

 

Culture:

credit cards

Credit cards are increasingly used instead of cash or cheques to pay for goods and services. When the cardholder is present, e.g. in a shop, the card is swiped and a bill is printed. The cardholder has to sign the bill or key their PIN (personal identification number) into a special machine. Purchases by credit card can also be made by mail, over the telephone or on the ↑Internet. Credit cards can be used to get money from a cash dispenser. Cards linked to organizations such as Visa and MasterCard can be used in many countries. People with very good credit ratings, i.e. who earn a good salary and have no debts, may get a gold card with a higher credit limit. Credit card holders receive a monthly statement of all their purchases and must pay part of the bill. They are charged interest on the amount they do not pay.

The term credit card is sometimes used to include charge cards, but the whole amount owed on a charge card account must be paid each month. One of the most famous charge cards is American Express. Some people have an affinity card, a credit card that is linked to a charity. Each time the card is used the card company pays a small amount of money to the charity. Credit cards from shops, called store cards or sometimes charge cards, can usually be used only in branches of the shop concerned. Debit cards or banker’s cards, such as Maestro, can be used to pay for goods but the whole amount is automatically deducted fromthe user’s bank account within a few days.

Most Americans have a variety of plastic money, including Visa and MasterCard (often more than one of each), American Express and Diners Club, as well as store cards. People decide which cards to have depending on the way they plan to use them. For example, some cards are free but have a high rate of interest, called the annual percentage rate or APR; others have an annual fee, but charge lower interest rates, and so are good for people who do not pay the whole bill every month.