ABOUT CREDIT CARDS
ABOUT CREDIT CARDS!!! Payment cards are part of a p ayment system issued by financial institutions , such as a bank , to a customer that enables its owner (the cardholder) to access the funds in the customer's designated b ank accounts , or through a credit card account and make payments by electronic account transfer and access ATMs. Such cards are known by a variety of names including bank cards , ATM cards , client cards , key cards or cash cards . There are a number of types of payment cards, the most common being credit cards, debit cards, charge cards and prepaid cards. Most commonly, a payment card is electronically linked to an account or accounts belonging to the cardholder. These accounts may be deposit accounts or loan or credit accounts, and the card is a means of authenticating the cardholder. However, stored-value cards store money on the card itself and are not necessarily linked to an account at a