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Credit Cards

Annual Percentage Rate (APR)

Greetings, class. Today, we will be discussing an important concept in the world of finance: the annual percentage rate, or APR. This is the interest rate that is charged to credit card holders on any balances that are not paid in full by the due date. While some card issuers may advertise a seemingly low monthly interest rate, it's important to note that when calculated over the course of a year, this rate can reach as high as 43%.

Online Debit Card

Debit cards are a popular form of payment, especially in the digital world. These cards allow for instant deduction of funds from the card holder's bank account. To make a p...

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Credit Shield

In finance, Credit Shield refers to a provision that relieves a credit card holder from paying any outstanding balance on their card in case of accidental death. This is sub...

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Supplementary Card

An add-on card is a supplementary benefit extended to the spouse, parents, or children of the primary credit card holder. It is a convenient option for family members to acc...

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Classic Card

One of the most popular payment methods used today is the VISA-branded card. This card allows individuals to make purchases at a wide range of merchants, both online and in-...

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