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In the 1950s the Diners club in the United States started issuing credit cards as a way to pay restaurant bills. It was invented by the Diners club founder Frank Namara and since then the credit card trend grew and today you can avail it in banks, restaurants, supermarkets,
Have you ever experienced enjoying a wonderful trip abroad only to be surprised by the credit card billing statement after coming home? Or are you the type who choose to ignore the details of the billing statement?
What is a Credit Card?
A credit card is a payment card issued to people as a system of payment. It allows the cardholder to pay for goods and services given a time frame of repayment, usually on a monthly basis. Cardholders are given a credit limit which distinguishes up to how much you can spend thru payments or cash advances.