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Credit Cards

Air Accident Insurance

Welcome to our lesson on air accident insurance. This type of insurance is designed specifically for the operation of aircraft and the unique risks involved in aviation. It differs from other forms of transportation insurance and includes terminology, limits, and clauses specific to air accidents. Let's delve deeper into the details of this specialized coverage.

Credit Limit

As a card holder, it is important to understand the concept of maximum spending limit, also known as credit limit. This refers to the highest amount that you can spend using...

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Secured card

A secured card is a form of credit card where the cardholder pledges their Savings deposit as a guarantee for payment to the bank. This type of card is often utilized by ind...

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Card Holder Agreement

As a financial expert, I'm sure you're familiar with the fine print statement of terms and conditions that one must sign when obtaining a credit card. This document outlines...

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Default

In finance, default refers to the failure to make timely payments as per the signed agreement between a cardholder and their bank. When an account is in default, the issuing...

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